MARKETWACH reports:
From BP and Centrica, to Unilever and Nestlé, multinationals are accelerating the sale of noncore assets as they look to shore up their balance sheets and pay down debt amid the pandemic.
The coronavirus pandemic is forcing companies …

As the air cargo industry prepares for a Covid-19 vaccine, some experts are warning of logistical challenges for worldwide distribution.
This week the International Air Cargo Association (Tiaca) and Pharma.Aero formed a working group to develop global guidance and enable …

UPS has sent a strong signal to large-volume B2C shippers with the announcement of hefty surcharges for residential deliveries that rise with their parcel numbers.
In addition, it is raising the bar for large shippers which sell items that are …

After 21 consecutive quarters of negative results, HMM has finally moved into the black.
The carrier posted a net profit of $23m for Q2 20, compared with a loss of $54m for the same period of 2019.
The South Korean …

Shippers can now assess their carbon footprint in transport via a carbon calculator developed by Flexport.
Open to all companies, not just customers, and free to use, the Flexport calculator has API functionality.
The digital forwarder said companies had struggled …

Fancy headline but you, a veteran freight forwarder, are fuming right now knowing the little relevance of Amazon and Flexport in the global rankings, aren’t you?
Read on.
Debacle 
The Q2 ’20 ocean freight performance for the major 3PLs based …

The last chapter of logistics on steroids enjoyed another twist and turn in Taiwan this week, with Yang Ming stock rallying 10% on Tuesday for no apparent reason.
However, the Taiwan Stock Exchange website offers a sneak peek at its …