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Top The Loadstar News

Donald Trump · United States

Trump fires Bureau of Labor Statistics head hours after weak jobs report

50% Center coverage: 444 sources

Trump Dismisses Labor Statistics Commissioner Over Jobs Data President Donald Trump took decisive action on Friday by ordering the dismissal of Erika L. McEntarfer, the commissioner of the U.S. Bureau of Labor Statistics. This move followed the release of employment data that fell short of expectations.McEntarfer, appointed by former President Joe Biden in 2023 and confirmed by the U.S. Senate, found her position terminated as Trump expressed di…See the Story

Air Travel · Canada

Air Canada to Begin Canceling Flights Ahead of Possible Strike by Flight Attendants

64% Center coverage: 51 sources

Air Canada said Wednesday it will begin a gradual suspension of flights to allow an orderly shutdown of the country’s largest airline as it faces a potential work stoppage by its flight attendants on Saturday.See the Story

Donald Trump · New York

Trump Is Calling Wall Street’s Bluff on Tariffs

78% Center coverage: 9 sources

By John Towfighi, CNN New York (CNN) — Wall Street traders embraced the term TACO — Trump always chickens out — earlier this year to describe President Donald Trump’s on-again, off-again position on tariffs. Trump liked to impose hefty import taxes but would inevitably back off when markets plunged, analysts said. Now Trump is calling the market’s bluff. Yet another round of new tariffs went effect on Thursday, lifting the average tax on US impo…See the Story

ZIM Integrated Shipping Stock Climbed 15% On Monday: What Happened? - ZIM Integrated Shipping (NYSE:ZIM)

Coverage: 2 sources

ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) shares traded higher on Monday after reports emerged that CEO Eli Glickman and a group of executives are pursuing a bid to take the company private.Stock Markets · Israel See the Story

DSV fear of ships returning to Suez impacting airfreight business questioned - The Loadstar

DSV claims more ocean services returning to the Suez Canal will be a major headwind expected to affect its airfreight operations over the remaining months of 2025. However, after the Houthis recently announced an escalation of their sphere of attacks in the region, that prediction has been questioned by industry sources. In its H1 Airfreight Pulse yesterday, DSV said: “The Suez Canal’s improved operational capacity is leading to more frequent sa…Houthi Rebels · Suez Read Article

HMM hits choppier economic waters in Q2 as rates fall amid global tension - The Loadstar

South Korean shipping line HMM has reported a profitable first half of the year, “despite trade headwinds” – but its Q2 numbers tell a different story. The flagship carrier’s revenue for H1 was KRW5.48bn ($3.97bn), giving it a net profit of KRW1.21bn ($879m) and an operating profit of KRW847bn ($614m), resulting in an operating margin of 15.5%. Revenue was up 9.1% on H1 24 and net profit rose 5.7%, but operating ... The post HMM hits choppie…South Korea · South Korea Read Article

Simon Sundboell: Gemini at 6 months: high reliability, big impact – but questions unanswered - The Loadstar

Simon Sundboell, CEO of eeSea, writes: High performance & industry impact In connection with their recent quarterly results, Vincent Clerc was proud of A.P. Moller – Maersk‘s Gemini collaboration with Hapag-Lloyd AG, labelling it ‘a game changer’. ‘And rightly so. Hamburg and Copenhagen have single-handedly put schedule reliability back on the map, for shippers and carriers alike.’ eeSea‘s numbers show that Gemini have consistently performed abo…Hamburg, Germany · Hamburg Read Article

South Korean investment fund buying logistics hubs in Georgia - The Loadstar

Korea Ocean Business Corp (KOBC) is acquiring logistics centres in the US southern state of Georgia for South Korean e-commerce businesses that have entered the US market. The state-backed ship finance institution last week announced the purchase of a 33,000 sq metre logistics facility in Atlanta, the first investment through the recently created $154m fund to procure US distribution hubs for South Korean merchants. KOBC is also completing the p…Atlanta, Georgia · Atlanta Read Article

Cargo backlog cleared after teething troubles at new Schiphol hub - The Loadstar

Air cargo handler dnata is seeing an improvement after the “operational challenges and service disruptions” that followed its move into a new $70m state-of-the-art centre at Amsterdam Schiphol Airport this summer. “The resulting cargo backlog has been cleared and customers have been advised that shipments are ready for collection,” a spokesperson for the Dubai-based operator told The Loadstar today. “We are also seeing improvements in our import…Amsterdam, Netherlands · Amsterdam Read Article

M&A and the impact on staff: Part 3, Takeover time - The Loadstar

This business is all about people. It’s about relationships, the daily toil achieved together. The experiences you share, the problems overcome. It can be thrilling, exhausting, fun, dreary. And who you work for is a major part of that. Not just your manager or CEO, but the company itself. Its culture, its benefits, its ethos. And companies – as a single entity – can often forget that how they behave, and ... The post M&A and the impact on staff…Read Article

Brighter days for deal-maker Flexport, yet losses weigh - The Loadstar

With Ryan Petersen busy explaining on camera how tariffs are going to affect importers and exporters following the latest news of a US-China 90-day truce… … other pieces of information from the past week (and earlier) are certainly worth Premium‘s time on Flexport, the forwarder that Petersen so proudly leads. ‘No funding round’ Rewind. Talking to The Loadstar at the logistics event of the year in Munich two months ago, it was Flexport president…Tariffs · Munich Read Article

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