BLOOMBERG reports:
XPO Logistics Inc. is reviving a sale of its European supply chain business, according to people familiar with the matter, after the process had paused during the coronavirus pandemic.
The business, which does contract logistics, could fetch between …

Despite the start of the traditional slack season – as China’s Golden Week holiday gets underway – there seems no easing of the demand spike from Asia to the US and Europe.
And reports to The Loadstar suggest some factories …

As CMA CGM’s IT engineers continue, for the fifth day, to try to restore its systems following a cyber-attack at the weekend, the French carrier has come under mounting criticism from customers that its back-up booking process is inadequate.
Yesterday, …

The UK government has unveiled a £200m ($258.5m)package in one-off grants for ports to install new order processing facilities for the departure from the EU.
The funds are part of a wider £470m investment package announced in July.
The Cabinet …

US truck brokers are leveraging technology to wean truckload shippers off the annual ritual of contract negotiations.
They argue that shippers lose time and money in negotiating, and subsequent administration of, contracts, only to find rates are often not honoured …

MARKETWATCH reports:
Uber Technologies Inc. UBER, +1.80% said Friday that an investor group led by Greenbriar Equity Group LP is investing $500 million in Uber Freight, the company’s logisitics arm, in a Series A preferred stock financing that values the …

Not so long ago, container lines competed with each other on price, with disastrous results.
The well documented race to the bottom on pricing, and race to the top on ship-building, dovetailed with the 2008 financial crisis, sending the industry …