new zealand market News

UPS Expands Fleet with Boeing 767 Freighters Amid Rising Demand

UPS has announced the purchase of eight Boeing 767-300ER freighters to enhance its global network capacity and meet the demands of healthcare, small businesses, and international markets. This move is part of UPS's fleet modernization strategy, aiming to improve operational efficiency and sustainability. Despite facing economic challenges, UPS remains committed to investing in the future and solidifying its position in the air cargo market. The addition of these aircraft will allow UPS to better serve its customers worldwide.

02/03/2026 Logistics

DSV Boosts Semiconductor Logistics and Latin America Presence with Acquisitions

DSV's acquisition of S&M Moving Systems West and Global Diversity Logistics aims to strengthen its semiconductor logistics capabilities, optimize regional layout, expand cross-border Latin American services, and align with the electric vehicle industry's growth. This acquisition is a significant step in DSV's strategic plan, enhancing its comprehensive logistics service capabilities and positioning it more favorably in the global market competition. The move underscores DSV's commitment to providing specialized solutions and expanding its reach in key growth areas.

02/03/2026 Logistics

Citizenplane Develops Airline OS to Transform Aviation Industry

CitizenPlane is reshaping the aviation industry with its operating system, offering modular solutions. The acquisitions of TTI and Zenith PSS accelerate its market presence and empower airlines' digital transformation journeys. The platform provides a comprehensive suite of tools and capabilities designed to streamline operations, enhance efficiency, and improve the overall passenger experience. CitizenPlane aims to be a key enabler for airlines looking to modernize their infrastructure and adapt to the evolving demands of the digital age.

02/03/2026 Airlines

BNSF Railway Invests 396B in Network Upgrades for Expansion

BNSF Railway announced a $3.96 billion investment in 2023 to upgrade its rail network. The focus will be on enhancing infrastructure reliability, expanding intermodal capabilities, and implementing innovative technologies. This initiative aims to improve service quality, support customer growth, and build a more efficient and transparent supply chain system, demonstrating BNSF's long-term commitment to its customers. The investment will contribute to a more robust and resilient rail network capable of meeting the evolving needs of the market.

02/03/2026 Logistics

Ocean Freight Surcharges Explained for Global Trade Efficiency

This article provides an in-depth analysis of the three main components of ocean freight costs: ocean freight, surcharges, and local charges. It also details the cost items borne by both buyers and sellers under different trade terms. By understanding the composition of ocean freight costs, companies can effectively control international trade costs and enhance their competitiveness. This knowledge empowers businesses to better manage their logistics expenses and optimize their supply chain for improved profitability in the global market.

02/03/2026 Logistics Encyclopedia

US Retailers Struggle As Economic Uncertainty Spurs Inventory Shifts

June retail data in the US suggests a potential stall in economic recovery. Retail sales have declined for three consecutive months, consumer confidence is weakening, and inventory strategies are conservative. Facing these challenges, retailers need to focus on market changes, adjust their strategies, and embrace technology and sustainable development to navigate the opportunities and challenges of this transitional period. The consecutive decline and weakened consumer confidence point towards a broader economic slowdown impacting the retail sector.