Logistics - Page 17
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...

Noatum launches new logistics brand in Middle East
Noatum, which leads AD Ports Group's logistics cluster, has launched Noatum Logistics Middle East, the company’s new...

Flexport may reduce staff by 20%
Flexport is planning to cut nearly 20 percent of its staff, according to a report filed by The Information.It would mark...

CEVA extends global relationship with Ferrari
CEVA Logistics, a subsidiary of the CMA CGM Group, has signed a new multi-year agreement to continue providing all...

Global Critical Logistics appoints Brent Nagy as Chief Growth Officer
Global Critical Logistics (GCL), a global leader in live event entertainment logistics and high net worth shipping and...

DHL Global Forwarding completes acquisition of Danzas AEI Emirates
DHL Global Forwarding, the freight specialist arm of the DHL Group, has completed the acquisition of shares in Danzas...
