Iran Japan Sign Customs Pact to Boost Trade

Iran Japan Sign Customs Pact to Boost Trade

Iran and Japan signed an agreement on mutual assistance and cooperation in customs matters. This aims to strengthen cooperation between the two countries' customs administrations in areas such as information exchange, document assistance, and technical cooperation. The goal is to improve customs clearance efficiency, reduce trade costs, optimize the business environment, and promote bilateral trade and economic relations. The agreement, modeled after the World Customs Organization's Model Agreement, establishes a solid legal foundation for Iran-Japan customs cooperation, signaling a new era in bilateral trade.

01/19/2026 Customs Knowledge
Read More
Canada Post Union Agree on Tentative Fiveyear Labor Deal

Canada Post Union Agree on Tentative Fiveyear Labor Deal

Canada Post and its union have reached a tentative agreement, offering hope for resolving the ongoing labor dispute. The agreement includes wage increases, benefit improvements, and modifications to weekend parcel delivery. However, the deal is subject to ratification by union members. Stabilizing labor relations is crucial for Canada Post's future development. Continued innovation and service enhancements are necessary to address market competition and the ongoing digital transformation. This agreement represents a significant step towards achieving that stability and allowing Canada Post to focus on its long-term goals.

01/15/2026 Logistics
Read More
Port of Oakland Reaches Deal on Outer Harbor Terminals

Port of Oakland Reaches Deal on Outer Harbor Terminals

The Port of Oakland reached a lease termination agreement with Outer Harbor Terminal to mitigate the impact of the terminal's bankruptcy. The agreement covers key terms including an operational transition period, rent payments, and site cleanup. The Port of Oakland has implemented a 'Continuity Plan' and a 'Transition Assistance Plan' to ensure supply chain stability. This event has prompted reflection on port operation models and provides a valuable case study for other ports facing similar crises. The agreement aims to minimize disruptions and maintain efficient cargo flow through the port.

01/19/2026 Port Encyclopedia
Read More
East and Gulf Coast Ports Agree to Sixyear Labor Pact with Wage Increases

East and Gulf Coast Ports Agree to Sixyear Labor Pact with Wage Increases

The International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) have reached a new six-year agreement covering 36 ports on the US East and Gulf Coasts. Key aspects include wage increases and guidelines for the implementation of automation technologies. The agreement aims to ensure supply chain stability, enhance port competitiveness, and promote harmonious labor relations. While offering opportunities for stable port development, the agreement also presents challenges related to the ongoing automation transformation within the industry. This deal is crucial for the future of maritime operations in the region.

01/20/2026 Logistics
Read More
Export Agency Agreements Key to Global Trade Success

Export Agency Agreements Key to Global Trade Success

This agreement outlines the fundamental elements of agent export in international trade, emphasizing the responsibilities and obligations of both parties, including the roles of the agent and the principal, fees, quality assurance, and protection of trade secrets. The agreement aims to clarify the cooperation framework, ensure smooth transactions, and reduce legal risks.

07/28/2025 Logistics Encyclopedia
Read More
GXO Logistics Teams With Blue Yonder to Digitize Supply Chains

GXO Logistics Teams With Blue Yonder to Digitize Supply Chains

GXO and Blue Yonder recently signed a global strategic agreement aimed at enhancing the implementation efficiency and flexibility of warehouse management systems to better respond to market demands. This agreement not only strengthens the collaboration between the two parties in supply chain management but also provides customers with more comprehensive and flexible logistics solutions, propelling the industry's digital transformation.

08/06/2025 Logistics
Read More
GXO Logistics Blue Yonder Partner to Modernize Supply Chain Tech

GXO Logistics Blue Yonder Partner to Modernize Supply Chain Tech

GXO and Blue Yonder have signed a global strategic agreement to enhance the efficiency and flexibility of warehouse management system implementations. This collaboration aims to help enterprises optimize their supply chains in complex market environments. The agreement also emphasizes the importance of cooperative innovation and customer orientation, which will provide long-term value for both parties.

08/06/2025 Logistics
Read More
Amazon's Investment Plan in Air Transportation Strengthens Package Delivery Capabilities

Amazon's Investment Plan in Air Transportation Strengthens Package Delivery Capabilities

Amazon has signed a lease agreement with Atlas Air for 20 Boeing 767 aircraft, including warrants, to enhance package delivery efficiency. This move aims to reduce reliance on courier companies and address market competition. In 2023, Amazon also entered a similar agreement with an air transport services group, strengthening its air transportation capabilities. These transactions signify Amazon's ongoing investment and strategic positioning in the package delivery sector.

07/21/2025 Logistics
Read More
DHL Express Canada Resumes Operations After Unifor Strike Deal

DHL Express Canada Resumes Operations After Unifor Strike Deal

DHL Express Canada and Unifor union have reached a new labor agreement, ending a nearly three-week work stoppage and strike. Full operations resumed on June 30th. The new agreement, valid until July 1, 2029, includes a 15.75% wage increase, a new owner-operator payment structure, and increased pension benefits. The company will prioritize processing delayed packages, and customers can submit claims through the standard procedure.

01/08/2026 Logistics
Read More
Fedex Pilots Secure Tentative Deal for Higher Pay Benefits

Fedex Pilots Secure Tentative Deal for Higher Pay Benefits

FedEx and the Air Line Pilots Association (ALPA) have reached a tentative agreement, featuring a 30% pay increase for pilots and significant improvements to retirement benefits. This agreement averts a potential strike, stabilizes operations, enhances talent attraction, and improves labor relations, setting a new benchmark for the air cargo industry. The agreement's final implementation is contingent upon ratification by a vote of the entire pilot membership.

01/15/2026 Logistics
Read More