Logistics - Page 3
FedEx to invest $350 million for new hub in Dubai
FedEx Express (FedEx), a subsidiary of FedEx and one of the world’s largest express transportation companies, is...
air cargo India 2024 to catalyse ideas around multimodality
The 10th anniversary edition of air cargo India will be held on February 14-16, 2024 at the Jio World Convention...
GEODIS to reduce GHG emissions by 42% by 2030
Global logistics provider GEODIS has set targets of 42 percent for the reduction of the greenhouse gases (GHG) emissions...
Toll Global expands to Poland with two branches
Toll Global Forwarding announced an expansion into Poland with the opening of two branches strategically located in...
Schneider Electric partners with DHL for multimodal shipping bridges
DHL Global Forwarding partnered with Schneider Electric to design and launch an industry-first multi-modal shipping...
Kuehne+Nagel closes Farrow deal
Following customary regulatory review, as of January 31, 2024, Kuehne+Nagel Group has closed the deal to acquire Farrow....
DB Schenker appoints Vishal Sharma as CEO for Asia Pacific
DB Schenker has appointed Vishal Sharma as the new CEO for the Region Asia Pacific.Vishal brings more than 30 years of...
DSV 2023 profit drops 30%, Jens H. Lund is Group CEO
DSV reported a 30 percent decline in 2023 profit at DKK 12.4 billion ($1.7 billion) compared to DKK 17.7 billion ($2.5...
UPS to reduce 12,000 jobs, explore options for trucking biz Coyote
UPS is planning to reduce 12,000 jobs, and save around $1 billion through 2024 with “new ways of working and calling...
Wiz raises Rs125cr Series B, round led by Japan's SBI Investment
Wiz Freight, a full-stack digital cross-border supply chain startup, has raised Series B funding of Rs 125 crore in...
UPS Q42023 operating profit down 27%
UPS reported a 27 percent decline in adjusted operating profit at $2.8 billion for the fourth quarter ended December 31,...
Clarion Events nominates Kuehne+Nagel as global logistics partner
U.K.-based global event organiser Clarion Events has selected Kuehne+Nagel as their official global logistics partner...