Logistics - Page 5
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...
Lödige provides HK Electric with automated storage system
Lödige Industries, a leading global supplier of logistics systems, recently completed the installation of an automated...
Blue Dart Q3 revenue up 3%, net profit flat at Rs 89cr
Blue Dart Express, a part of DHL eCommerce division, reported a consolidated net profit of Rs 89 crore for the third...
B&H Worldwide signs three year deal with Advantage Future Tech in US
The aerospace logistics company B&H Worldwide has signed a three-year exclusivity deal with Advantage Future Tech...
Flexport raises $260mn; important milestone: Petersen
Flexport has raised $260 million on an uncapped convertible note from Shopify. Ryan Petersen, Founder and CEO, Flexport...
CEVA Logistics to buy Wincanton for $720mn
CEVA Logistics, a subsidiary of CMA CGM, has reached an agreement with the board of directors of Wincanton to offer 450...