Logistics - Page 4
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...

Dachser to add 12 more zero emission delivery areas in Europe
Dachser is expanding its emission-free delivery of non-chilled shipments to defined downtown areas. "By the end of 2025,...

UPS, Teamsters to talk again next week
United Parcel Service (UPS) and the International Brotherhood of Teamsters will be back at the negotiating table next...

Maersk plans new 1.1mn sq.ft distribution centre in Singapore
Maersk is strengthening its omni channel fulfilment capabilities in Singapore with World Gateway 2, a brand new 1.1...

Breeze boosts online cargo insurance offering with US based CNA
Digital insurance innovator Breeze has secured insurance capacity backing from US-based insurance company CNA, allowing...

Freightos laying off 13% employees on lower revenue outlook
Nasdaq-listed Freightos announced plans to reduce headcount by 13 percent, or 50 employees, in a new plan for...

Intelligent logistics platform Raft raises $30M in Series B funding
Intelligent logistics platform Raft recently announced the successful completion of its Series B funding round, raising...

Seafrigo acquires UK-based forwarder Perishable Movements
Seafrigo has acquired specialist UK-headquartered forwarder Perishables Movements (PML) with the formal signing of the...
