UK 3PL and e-commerce logistics specialist Xpediator has completed its latest acquisition, the takeover of groupage road transport and freight forwarder Nidd Transport for £4.6m ($6m).
Yorkshire-headquartered Nidd posted revenues of £11m last year with a net profit of £400,000.…
Brussels Airport is welcoming new cargo flights: a DHL subsidiary and All Nippon Airlines Cargo adding new routes.
DHL’s European Air Transport Leipzig (EAT) has launched five weekly flights on an A330-200F between Brussels and Miami (MIA) for medicines and …
If we keep it nice and simple – guess you have heard of the KISS principle – by looking forward to the next decade and what could drive change, it’s entirely logical to speculate that those major logistics players having …
Please stand up the fool who said that DSV Panalpina (DSV PAN) stock at fair value was worth just a bit more than half its record Dkr1,070 mark on Monday and still, despite all the evidence, hasn’t changed his mind.…
Rumours that Israeli shipping line Zim is once more considering an initial public offering were eventually confirmed a week ago in the small print that accompanied an announcement according to which the carrier is buying up to $58.5m of its …
PRESS RELEASE
Dufry and Alibaba Group have agreed to form a strategic Joint Venture in China and Alibaba Group plans an equity investment in Dufry with a target ownership of up to 9.99% of the post-offering share capital
Dufry has …
Shippers in Asia face a double-whammy of equipment shortages and tight shipping capacity that is driving an unrelenting spike in short-term contract rates.
Vessels to North Europe and the US west coast are reportedly “fully booked for two to three …
