USPS board taps FedEx director David Steiner as next postmaster general
David Steiner, former CEO of Waste Management, is slated to join the agency in July as it navigates Trump administration…
ArcBest sees 5 ways shippers are reacting to tariffs
COO Eddie Sorg described conversations with customers as a “mixed bag.” For example, some are utilizing more domestic manufacturing and…
Cold play: Toy industry faces ‘devastating’ impact from tariffs
Around 96% of American toy companies are small- and medium-sized businesses. Nearly half of them could shutter due to U.S. tariff policies.
UPS confirms building closures, shift cuts in 4 states
The reductions are part of the carrier’s plan to trim its network footprint in the face of shrinking volume from…
Aplex expects gradual recovery in 2025, eyes stable growth into 2026
Aplex Technology chairman Chad Lee acknowledged a slowdown in the industrial PC sector in 2024, influenced by uncertainties in US…
Exchange rate and price pressure hit Flexium, resulting in 1Q25 loss
Flexible printed circuit (FPC) manufacturer Flexium Interconnect (Flexium) reported a loss in the first quarter of 2025 due to continued…
Raydium navigates tariff fog with stable 2Q outlook, bolstered by AMOLED and IT demand
Raydium Semiconductor Corporation reported consolidated revenue of NT$5.83 billion (approx. US$191.7 million) for the first quarter of 2025, up 2.4%…
WT Microelectronics sees minimal impact from US tariffs as semiconductor market rebounds in 2Q25
WT Microelectronics, a Taiwan-based IC distributor, reports that the impact of US tariffs on its operations remains minimal, as most…
TSMC sets April revenue record at US$11.55 billion; YTD tops US$33 billion
TSMC, the world’s top contract chipmaker, posted consolidated revenue of NT$349.57 billion (approx. US$11.55 billion) in April 2025, up 22.2%…
US and UK reach breakthrough trade agreement as Trump signals strategic realignment
On May 8, US President Donald Trump and British Prime Minister Keir Starmer jointly announced the near-finalization of a long-anticipated…