Logistics - Page 35
CVC buys majority stake in Scan Global Logistics
CVC Capital Partners Fund VIII (CVC) has agreed to acquire a majority shareholding in Denmark-based Scan Global...

UPS to plan conservatively & pivot quickly in 2023: CEO Carol Tome
2023 is going to be a year of resilience for United Parcel Service (UPS), according to Chief Executive Officer Carol...

DSV reports strong 2022 results
DSV reported a 33 percent increase in gross profit for 2022 on good performance across all business areas."While EBIT...

CMA CGM Group to power logistics for Paris 2024 Olympic, Paralympic Games
The CMA CGM Group, a global player in sea, land, air, and logistics solutions has become the official partner in...

FedEx lays off 10% global management staff
FedEx announced plans to reduce the "size of officer and director team by more than 10 percent and consolidate some...

C.H. Robinson 2022 revenue up 7% on higher pricing
C.H. Robinson reported a 7 percent increase in 2022 revenue at $24.7 billion, driven primarily by higher pricing in...

UPS Q4 revenue drops 3% to $27bn
NYSE-listed United Parcel Service (UPS) reported a 3 percent decline in Q42022 revenue at $27 billion on 3 percent...

Freightos publicly lists on Nasdaq, market cap near $500mn
Freightos was listed on Nasdaq in a grand ceremony with CEO Zvi Schreiber ringing the opening bell and "taking the next...

Cryoport partners with Syneos Health to advance cell, gene therapies
Cryoport, the global provider of temperature-controlled supply chain solutions to the life sciences industry focused on...

Globalisation redefined as mfg moves closer to home: DP World
New research has revealed the emergence of major shifts in globalisation as companies rush to move manufacturing closer...

Global trade continues to be concentrated
Every region relies on imports for more than 25 percent of at least one important type of goods, according to recent...

Freightos 2022 transactions zoom 154%, business value up 100%
Freightos reported a record 211,000 transactions on the platform in Q42022, up from 97,000 in Q42021 and 22,000 in...
