OOCL carried fewer boxes but improved its revenue in the second quarter, providing the industry with some hard evidence that ocean carriers successfully managed the demand turbulence of the pandemic.
The Cosco subsidiary saw liftings decline 4.6% in the quarter, …

Covid-19 is accelerating the digitisation of the air cargo industry: severe capacity problems, volatile rates and remote working are driving demand for real-time online bookings, according to the platforms.
It’s not just that online sales are growing, Freightos is noting …

Insufficient numbers of transport operators are disclosing their emissions, slowing down the process of ‘greening’ the industry.
Less than 20% of global freight emissions are reported, the majority of those by airlines, while road freight is barely touched on, according …

Global port operator DP World is set to increase its presence in the freight forwarding and logistics sector, agreeing to acquire 60% of South Korean firm Unico Logistics for an undisclosed sum.
DP World said it had begun seeking regulatory …

Swiss forwarder Kuehne+Nagel has trumpeted its Q2/half-year results as not being as bad as expected.
In the circumstances, that’s probably about as good as can be expected – and then here is what you might have to expect next.
During …

After our “Merger Monday”coverage two weeks ago, here is other M&A-related news outside our T&L industry and some more, hopefully useful, background:
> “AstraZeneca, Daiichi Sankyo in $6B oncology deal”
MarketWatch writes that:
“AstraZeneca PLC said Monday that it has …

Scott Galloway writes:
(The CEOs of Apple, Amazon, Facebook, and Google are scheduled to testify in front of the US House Judiciary Antitrust Subcommittee. Some thoughts…)
Big tech has won before the hearing starts.
Agreeing to let all four testify …