FedEx plans to cut 5,500 to 6,300 jobs in Europe as it finally integrates TNT, “the people network”, nearly six years after the €4.4bn ($5.3bn) purchase.
Yesterday the express company said: “Plans to address the duplication resulting from operating two …

China’s Ministry for Commerce is again looking to step in to stabilise the container shipping market.
“Our ministry is in talks with the ministry of transport and other related departments to adopt measures to increase shipping capacity and stabilise freight …

Container shipping’s capacity crunch has priced some agricultural and chemical commodities out of the market – in favour of breakbulk.
And the de-containerisation trend could spread to other cargo categories, according to Estonia-based freight forwarder CF&S.
The company recently loaded …

Pacific International Lines (PIL) has issued a stark final plea to its creditors to vote in favour of its “last resort” restructure plan on 1 February or risk receiving just $2 per $100 from its liquidation.
The embattled Singapore-headquartered ocean …

Did you know that certain research estimates that over 75% of global trade is carried out between countries without a common border?
That’s enough to explain the importance of sea and air freight, which is arguably much greater than road …

The 21st century is now more than 20 years old so it would probably surprise outsiders that the logistics business is still wrestling with the concept of moving away from paper.
Computers and software abound in the supply chain, of …

PRESS RELEASE 
J.B. Hunt Transport Services, Inc. Reports Revenues, Net Earnings and Earnings Per Share for Both the Fourth Quarter and Year Ended December 31, 2020

– Fourth Quarter 2020 Revenue: $2.74 billion; up 12%
– Fourth Quarter 2020 Operating …