Logistics - Page 15
UPS Q12024 revenue down 5% on lower volumes
UPS reported a five percent decline in consolidated revenues at $21.7 billion for the first quarter of 2024. ...

cargo-partner opens first warehouse in UK
International transport and logistics provider cargo-partner announced the opening of its first warehouse facility in...

Kuehne+Nagel Q12024 earnings down 40% on -ve exchange rate effects
Kuehne+Nagel Group’s net turnover in the first quarter of 2024 declined 18 percent to CHF 5.5 billion ($6.1 billion)...

CMA CGM initiates sale talks with Balguerie Group
French shipping and logistics company CMA CGM, founded in 1978, is currently negotiating with the Balguerie Group to...

DB Schenker appoints Aaron Scott as CEO for UK & Ireland
DB Schenker announced the appointment of Aaron Scott as CEO for its U.K. & Ireland cluster. He will report to...

Freightos reports 29% increase in transactions in Q12024
Nasdaq-listed Freightos, a vendor-neutral booking and payment platform for the freight industry, reported a 29 percent...

Will the Taiwan earthquake disrupt the global chip shortage?
While the human cost remains the primary focus, with rescue efforts ongoing, the impact on Taiwan's role as a chipmaking...

DACHSER acquires majority stake in DACHSER & Fercam Italia
Effective March 28, 2024, DACHSER has acquired 80 percent of the shares in the joint venture DACHSER & Fercam Italia...

DACHSER acquires food logistics provider Brummer
DACHSER announced that it is acquiring Brummer Logistik in Germany and Brummer Logistic Solutions in Austria,...

DB Schenker secures GDP certification for more than 150 stations
DB Schenker announced the certifications in accordance with Good Distribution Practice (GDP) standards for 157 stations....

Kuehne+Nagel streamlines organisational structure
The board of directors of Kuehne+Nagel International has approved a new direct reporting of the country organisations. ...

Maersk inaugurates own warehouse in Sri Lanka
Maersk inaugurated its first own warehouse in Sri Lanka at Wattala, spread over 100,000 sq. ft., on April 5, 2024. ...
