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Recent Articles

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FedEx is set to cut almost up to 2,000 jobs in Europe as the company seeks to reduce structural costs as part of a wider restructuring plan; changes to eliminate positions and consolidate teams in impacted back-office, commercial roles across the region

European road freight sector sees improvement after challenging 2023 as demand grew in H1 2024 and major regional disruptions pushed shippers to prioritize road freight; lower fuel prices are reducing operating costs, increasing available spot capacity

Pakistan Aluminium Beverage Cans engaging in futures contracts from June 3 to Aug. 30, with contracts set to settle on Sept. 3; aim is to hedge against fluctuating costs of aluminum, ensure price stability and predictability in manufacturing costs

Sonoco to implement US$70/ton price increase for all grades of uncoated recycled paperboard in US and Canada, effective with shipments beginning July 10; price increase is necessary to offset increased input costs

Sonoco to implement further price increase for core board and paperboard in Europe, as input costs have continued to rise beyond initial estimates; Sonoco to apply €25/ton increase across Europe, valid for all shipments after July 1

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