Logistics - Page 37
H.I.G. Capital to acquire Ascent Global Logistics from investor Elliott
The global alternative investment firm H.I.G. Capital with $58 billion of capital under management, announced that one...
Agility Q2 net profit down 12% on higher interest outgo
Agility, a long-term investor and operator in supply chain services and infrastructure, reported a 12 percent decline in...
AI will alter logistics, finds Freightos survey
Logistics professionals overwhelmingly (96 percent) expect to leverage artificial intelligence (AI) with 14 percent...
UPS Premier expands across India
UPS Healthcare has announced the expansion of its UPS Premier service to India, marking another step in ongoing service...
HYD Airport goes live with Airport Cargo Community System by Kale
Kale Logistics Solutions announced the go-live of its Airport Cargo Community System at GMR Hyderabad International...
DHL Q2 revenue down 16%, consolidated net drops 31%
DHL Group reported a 16 percent decline in revenue at €20.1 billion (Q2 2022: €24 billion) for the second quarter ended...
Raft expands leadership team for global growth
Logistics platform Raft has appointed industry veteran Kurt Corman as Regional Vice President of Sales, Americas and...
Jens Drewes to succeed Reiner Heiken as Hellmann CEO
The supervisory board of Hellmann Worldwide Logistics has appointed Jens Drewes as Chief Executive Officer (CEO) of...
CMA CGM Q2 revenue drops 37%, net income plummets 83%
French logistics major CMA CGM Group reported a 37 percent decline in revenue at $12.3 billion for the second quarter...
DB Schenker H1 revenue down 29%
DB Schenker generated revenue of €10.1 billion ($11.2 billion) in the first six months of 2023, a decline of 29 percent...
UPS, Teamsters agree on tentative deal
UPS and the International Brotherhood of Teamsters, the union representing about 340,000 UPS employees in the U.S., have...
DSV registers 40% revenue decrease in Q2 2023
DSV reported 40 percent decline in revenue to DKK 37 billion ($5.4 billion) in the second quarter of 2023 ended in June...
