Logistics
DB Schenker remains profitable, sale process on course
DB Schenker reported an operating profit of €520 million for the first half of 2024, down 17 percent from H12023 profit...
![DB Schenker remains profitable, sale process on course DB Schenker remains profitable, sale process on course](https://www.stattimes.com/h-upload/2024/07/25/800x495_71420-db25-1.webp)
DSV Q2 revenue up 9% on volume gains across divisions
DSV reported a nine percent increase in revenue at DKK 41 billion for the second quarter of 2024 compared to DKK 37.7...
![DSV Q2 revenue up 9% on volume gains across divisions DSV Q2 revenue up 9% on volume gains across divisions](https://www.stattimes.com/h-upload/2024/07/24/800x495_71349-dsv251.webp)
UPS getting ready for USPS business, bullish on Estafeta
UPS is getting all ready for starting business with the United States Postal Service (USPS), which it won from...
![UPS getting ready for USPS business, bullish on Estafeta UPS getting ready for USPS business, bullish on Estafeta](https://www.stattimes.com/h-upload/2024/07/24/800x495_71331-ups24-2.webp)
Kuehne+Nagel UAE secures Aggregation Licence
Kuehne+Nagel has secured an Aggregation Licence in the UAE, and complements a similar certification received by the...
![Kuehne+Nagel UAE secures Aggregation Licence Kuehne+Nagel UAE secures Aggregation Licence](https://www.stattimes.com/h-upload/2024/07/24/800x495_71290-19202-2-1.webp)
UPS Q2 net income drops 32% on lower revenue
UPS reported a 32 percent drop in net income at $1.4 billion for the second quarter ended June 30, 2024 compared to $2.1...
![UPS Q2 net income drops 32% on lower revenue UPS Q2 net income drops 32% on lower revenue](https://www.stattimes.com/h-upload/2024/07/24/800x495_71273-1224901ups-aircraftoriginal-1.webp)
UPS to acquire Mexican express delivery company Estafeta
NYSE-listed UPS has entered into an agreement to acquire Estafeta, a leading Mexican express delivery company. The...
![UPS to acquire Mexican express delivery company Estafeta UPS to acquire Mexican express delivery company Estafeta](https://www.stattimes.com/h-upload/2024/07/23/800x495_71249-ups-1.webp)
K+N H1 earnings down 33% on exchange rate impact, restructuring cost
Kuehne+Nagel reported earnings of CHF 576 million in the first half of 2024, down 33 percent and net turnover of CHF...
![K+N H1 earnings down 33% on exchange rate impact, restructuring cost K+N H1 earnings down 33% on exchange rate impact, restructuring cost](https://www.stattimes.com/h-upload/2024/07/23/800x495_71195-str18-1.webp)
FedEx opens first European life science centre in Veldhoven
Federal Express opened its first European life science centre (LSC) in Veldhoven, the Netherlands. The LSC Veldhoven is...
![FedEx opens first European life science centre in Veldhoven FedEx opens first European life science centre in Veldhoven](https://www.stattimes.com/h-upload/2024/07/22/800x495_71150-fedex-dimsbrightspotgocdn.webp)
DB Schenker, Kaden to develop logistics infrastructure in Saudi Arabia
DB Schenker, a global leader in logistics and transportation solutions, announced an alliance with Kaden, a real estate...
![DB Schenker expands Saudi Arabia operations with Kaden DB Schenker expands Saudi Arabia operations with Kaden](https://www.stattimes.com/h-upload/2024/07/17/800x495_70971-dbs171.webp)
CEVA, Almajdouie plan joint venture in Saudi Arabia
CEVA Logistics has signed a joint venture agreement with Almajdouie Logistics, one of the leading logistics providers in...
![CEVA, Almajdouie plan joint venture in Saudi Arabia CEVA, Almajdouie plan joint venture in Saudi Arabia](https://www.stattimes.com/h-upload/2024/07/17/800x495_70961-whatsapp-image-2024-07-17-at-24656-pm.webp)
Cargolux, Arthur Welter collaborate for hydrogen-powered trucking
Cargolux and Arthur Welter announced their collaboration on a hydrogen-powered truck project. The long-standing...
![Cargolux, Arthur Welter collaborate for hydrogen-powered trucking Cargolux, Arthur Welter collaborate for hydrogen-powered trucking](https://www.stattimes.com/h-upload/2024/07/17/800x495_70953-h2-truck.webp)
SATS, SF Group sign MoU for global expansion
Singapore-headquartered SATS has signed a memorandum of understanding (MoU) with SF Group, the leading express delivery...
![SATS, SF Group sign MoU for global expansion SATS, SF Group sign MoU for global expansion](https://www.stattimes.com/h-upload/2024/07/16/800x495_70912-whatsapp-image-2024-07-16-at-31242-pm.webp)