CMA CGM has entered the air freight transport sector, agreeing to purchase a 30% stake in France-based Groupe Dubreuil Aéro.
CMA CGM will inject €50m ($58m) into Groupe Dubreuil Aéro’s share capital, providing the deal is cleared by regulatory authorities, …

Between $250bn and $350bn of returned e-commerce products are just laying around, according to Tony Sciarrotta, executive director of the Reverse Logistics Association.
With the explosive growth of e-commerce, retailers and their logistics providers have been stretched to deliver online …

Last week’s announcement that Lineage Logistics had raised $1.6bn in a new investment round went almost unnoticed in the wider logistics market. If not for one thing and another – yep, Covid – it would have been pretty high up …

UK-based Forth Ports has appointed rail freight expert Ian Wilson (pictured above) as its new intermodal and logistics development manager, to focus on the rail offerings at its facilities in Tilbury and Grangemouth.
A UK freight industry veteran, Mr Wison …

Nowadays some jokingly refer to Ceva Logistics as “Panalceva” because of a string of powerful hires from Panalpina in the wake of the DSV takeover – but, provocatively, it could well be time for a further enhancement from Marseilles, where …

MARKETWATCH reports:
Major U.S. stock indexes closed lower on Wednesday, sliding in the final hour of trade, as market participants struggled to shake off worries about a lack of a coronavirus aid package and rising COVID-19 cases.
How did major …

Ocean carriers are introducing port congestion surcharges for shippers using the UK’s biggest container port of Felixstowe, as owner Hutchison reappoints ex-CEO Chris Lewis in a bid to fix the issues.
It was confirmed to The Loadstar this morning that …