Logistics - Page 10
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 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...

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...

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...

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...

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...

Cargolux, Arthur Welter collaborate for hydrogen-powered trucking
Cargolux and Arthur Welter announced their collaboration on a hydrogen-powered truck project. The long-standing...

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...

Carousel Logistics acquires Logik Logistics International
Carousel Logistics, a part of the DANX Carousel Group, has acquired Logik Logistics International (Logik), a specialist...

Kuehne+Nagel is service provider for Singapore EXPO
Kuehne+Nagel has been appointed as an approved service provider by Constellar, the venue manager for Singapore EXPO, one...

Navia Freight to use Raft’s AI for streamlining operations
Raft announced that Navia, an integrated global freight and logistics company, has successfully rolled out its...

CEVA Logistics grows core products by integrating Bolloré Logistics
CEVA Logistics announced a new vertical organisation aimed at allowing its customers to more easily benefit from its...
