Fedex USPS Renew Billiondollar Air Cargo Deal

Fedex USPS Renew Billiondollar Air Cargo Deal

FedEx and the United States Postal Service (USPS) have extended their air transportation agreement to 2024, valued at approximately $1.5 billion annually. This extension continues a long-standing partnership, ensuring efficient and reliable transportation of mail and packages for USPS while providing FedEx with a stable revenue stream. Experts suggest this agreement offers USPS lower costs and increased efficiency, reflecting the trend of strong collaborations within the logistics industry. The renewed contract solidifies the relationship between the two entities and their commitment to reliable delivery services.

01/19/2026 Logistics
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East Coast Ports Risk Disruption As Labor Talks Stall Over Automation

East Coast Ports Risk Disruption As Labor Talks Stall Over Automation

The International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) will resume negotiations on January 7th to avert a potential strike that could cripple ports along the US East and Gulf Coasts. A key point of contention is the use of automated equipment, with the ILA fearing job losses for dockworkers. A strike would severely disrupt the US supply chain. Stakeholders are urging both labor and management to find a mutually beneficial solution to avoid widespread economic consequences and ensure continued port operations.

01/18/2026 Logistics
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US Ports Face Shifts As Trade Dynamics Reshape Maritime Industry

US Ports Face Shifts As Trade Dynamics Reshape Maritime Industry

Global supply chains face challenges, intensifying port competition in the United States. Canadian ports are emerging, with infrastructure as a key factor. East Coast ports are gaining market share, and investments in mid-sized ports like Houston are proving effective. The Port of Los Angeles is expanding to address declining West Coast cargo volumes. Future port competition will focus on capital, efficiency, and interconnectivity. These elements are crucial for ports to thrive in the evolving global trade landscape and maintain their competitive edge within the supply chain.

01/21/2026 Port Encyclopedia
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US Container Imports Jump Amid Economic Recovery

US Container Imports Jump Amid Economic Recovery

S&P Global data reveals a 13.4% year-over-year increase in US containerized freight imports for September, marking the 13th consecutive month of growth. Strong consumer goods demand is driving this surge, while capital goods growth is slowing. Experts anticipate a stronger market in 2024 compared to 2023, but highlight the importance of monitoring supply chain risks and labor issues. Overall, US import freight volumes are projected to continue their upward trajectory. This sustained growth indicates continued economic activity and consumer spending within the United States.

01/22/2026 Logistics
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FDA Registration Guide for US Food Market Entry

FDA Registration Guide for US Food Market Entry

This article provides a detailed explanation of the FDA registration process required for food exports to the United States, emphasizing its crucial role as a key to market access. It outlines the registration types, procedures, required conditions, and benefits of successful registration. The article also advises companies to consider engaging professional service providers to ensure a smooth registration process, ultimately helping businesses seize opportunities in the US market. This comprehensive guide aims to facilitate successful FDA registration and boost food export prospects to the US.

01/23/2026 Customs Knowledge
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Guide to MEGA Banks SWIFT Code for Crossborder Remittances

Guide to MEGA Banks SWIFT Code for Crossborder Remittances

This article explains how to use the SWIFT code ICBCTWTP006 of MEGA International Commercial Bank for secure and efficient cross-border remittances. It details the composition of the SWIFT code and the importance of filling it out correctly. Additionally, the article provides essential remittance tips to ensure that funds reach their destination accurately and on time.

08/13/2025 International Settlement
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SWIFT Code Essential for International Transfers to CIBC

SWIFT Code Essential for International Transfers to CIBC

This article discusses the SWIFT code of the Canadian Imperial Bank of Commerce (CIBC), specifically CIBCCATT MPS, highlighting its significance in international remittances. It emphasizes the crucial role of accurately using the SWIFT code for cross-border transactions and provides essential information and service details of CIBC to help readers perform efficient and secure money transfers.

08/12/2025 International Settlement
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Swedens Riksbank Details SWIFTBIC Code and Transfer Protocols

Swedens Riksbank Details SWIFTBIC Code and Transfer Protocols

This article provides a detailed overview of the SWIFT/BIC code RIKSSESRRXO used by the Central Bank of Sweden, SVERIGES RIKSBANK. It emphasizes the importance of this code in international remittances and outlines necessary precautions for senders. The article reminds remitters to ensure the accuracy of the code to avoid delays and losses caused by misdirected funds.

09/04/2025 International Settlement
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SWIFT Code Details for Banco Di Caribe NV in Curaao

SWIFT Code Details for Banco Di Caribe NV in Curaao

This article presents the SWIFT code BDCCCWCUXXX for Banco di Caribe N.V. in Curaçao, aimed at assisting readers in conducting international remittances smoothly. Understanding this code ensures the secure and prompt transfer of funds, while also providing essential information about the bank and its use cases. Choosing Banco di Caribe N.V. makes remitting easy and worry-free!

09/05/2025 International Settlement
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Guide to Locating SWIFT Codes for Namibian Banks

Guide to Locating SWIFT Codes for Namibian Banks

This article explains how to find the SWIFT code for branches of Namibia Bank and its significance. By understanding the main SWIFT codes and how to use the global head office code, readers can ensure the accuracy and security of international remittances. Additionally, it offers advice on obtaining more information to help readers successfully complete their fund transfers.

09/04/2025 International Settlement
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