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Season
Mastercard research: U.S. retail sales grew 8.5% this holiday season
It’s been a resurgent season for retailers according to data from Mastercard and its SpendingPulse research service. According to Mastercard, holiday retail sales excluding automotive increased 8.5% year-over-year this holiday season, running from November 1 through December 24. Notably, online sales grew 11.0% compared to the same period last year, preliminary insights show. Mastercard SpendingPulse
IAG Cargo Customers Can Access the Iberia A330 ‘Preighter’ Ahead of Peak Season | 2020-11-09
IAG Cargo, the cargo division of International Airlines Group, will now have access to a new ‘preighter’ A330 wide-body aircraft for its customers. The aircraft has been modified by IAG Cargo’s sister company Iberia, and comes ahead of the peak season for air cargo and as demand for cargo services grows. The decision to convert
Uncertainty From COVID-19 Changes Peak Air and Ocean Shipping Season Expectations
In the world of logistics, getting ready for peak shipping season for air and ocean freight usually means researching, understanding and following historical demand patterns. But this year, uncertainty from COVID-19 is changing everything. As one would expect, air and ocean services must adjust to higher demand during the peak shipping season. However, many sectors
Report: FedEx is back in Amazon’s good graces following temporary holiday season ban
Pre-Christmas tension between global e-commerce giant Amazon and freight transportation and logistics bellwether FedEx appears to have thawed. The tension stemmed from a Wall Street Journal issued roughly one week before Christmas, which indicated that due to what Amazon called a “decline in performance,” it would be blocking third-party sellers from using FedEx Ground delivery
Holiday season on-time performance is solid for carriers, with some challenges, too
Data issued this week by two separate organizations for on-time performance of holiday shipments for week 49 and week 50 of 2019 showed that carriers are dealing with seasonal challenges and spikes, while on-time performance remained solid over all. ShipMatrix, a subsidiary of Pittsburgh-based SJ Consulting, reported that carriers made some improvement, in week 50, while