UPS third quarter revenue jumps 15%
UPS has announced third quarter consolidated revenue of $21.2 billion, a 15.9 percent increase over Read the full article…
Category: Logistics
Pfizer and BioNTech announce vaccine success
Pfizer Inc. and BioNTech SE have announced that their mRNA-based vaccine candidate, BNT162b2, against SARS-CoV-2 has demonstrated evidence of Read the full article…
XPO reports strong third quarter results
XPO Logistics reported strong third quarter results with revenue at $4.22 billion, compared with $4.15 Read the full article…
DHL Express delivers first Israel – UAE shipment
DHL Express has contributed to setting up trade between Israel and the United Arab Emirates Read the full article…
Deutsche Post DHL Group reports Q3 revenue up 4%
Deutsche Post DHL Group reported third quarter for 2020 at €16.2 billion, an increase of 4.4 Read the full article…
Maersk drops Safmarine and Damco brands
A.P. Moller – Maersk has announced a restructure that will see the Safmarine and Damco Read the full article…
UPS posts strong Q2 2020 results
UPS has announced second-quarter 2020 consolidated revenue increased to $20.5 billion, a 13.4% increase from Read the full article…
DP World acquires majority stake in Unico
DP World has agreed to acquire a 60 percent shareholding in Unico Logistics Co. Ltd. Read the full article…
Rhenus unveils international logistics facility
The Rhenus Group has expanded its logistics services in the Asia-Pacific region, with a newly-built Read the full article…
Gebrüder Weiss opens home delivery facility
The number of consignments shipped to end consumers, comprising furniture as well as TV sets, Read the full article…
Gebrüder Weiss breaks ground on €26m facility
Gebrüder Weiss has broken ground on a €26 million logistics facility in Kalsdorf near Graz, Read the full article…
K+N reports strong results for Q2 2020
Kuehne+Nagel Group reported a good set of results for the second quarter of 2020 despite Read the full article…
DP DHL Group posts strong earnings in Q2 2020
Deutsche Post DHL Group (DP DHL Group) significantly increased earnings in Q2 2020 despite Covid-19. Read the full article…
Maersk acquires customs manager
Maersk has reached an agreement with Bridgepoint Development Capital to acquire KGH Customs Services (KGH), Read the full article…
World Bank approves €314m loan for Turkey rail project
The World Bank’s board of executive directors has approved a loan in the amount of Read the full article…
DSV builds Europe’s largest logistics centre
DSV plans to invest approx. DK2bn in a new logistics centre, Europe’s largest with just Read the full article…
Alibaba signs up to blockchain Bill of Lading
Chinese e-commerce and technology group Alibaba has signed up to the International Port Community Systems Read the full article…
EU forwarders and operators demand tax equality
EU forwarders and terminal operators have called on the European Commission to end the spill Read the full article…
CEVA Logistics expands in Africa
CEVA Logistics is launching a three-part expansion plan for the African market, through which it Read the full article…
sennder acquires Everoad to create mega-platform
German freight tech company sennder has acquired French rival Everoad to create the largest digital Read the full article…