Parcel shippers are bracing for higher delivery costs on international shipments, but it is unclear by how much they may rise.
Under a decision by the Universal Postal Union (IPI) in October, countries with imports in excess of 75,000 tonnes …
MARKETWATCH reports:
Shares of trucking company YRC Worldwide YRCW, +74.59% rocketed 75% in premarket trade Wednesday, after the company said it expects to receive a $700 million CARES Act loan from the U.S. Treasury. “YRCW and its operating companies Holland, …
DSV plans to invest approx. 2 billion Danish Kroner in a new logistics centre, Europe’s largest with just one leaseholder.
The logistics facilities in and around the city of Horsens in Jutland, Denmark, can no longer accommodate DSV’s present and …
“Read across to UPS is positive from the 4Q F20 ground performance [of FedEx]. We believe that FDX’s 4Q earnings report provides a positive read across to UPS in terms of the strong Ground revenue growth of 20% y/y and …
The Ocean Alliance has overtaken the 2M alliance, adding the market share lead on the Asia-Europe tradelane to its already dominant position on the transpacific.
The vessel-sharing alliance of CMA CGM, Cosco (including OOCL) and Evergreen did not follow rivals …
US carriers are heading back to China.
After Washington and Beijing climbed down from their dispute over the number of carriers and frequencies allowed, Delta led the charge from the west on 21 June with the start of services from …
South Vietnam’s Cai Mep-Thi Vai container port recently saw the maiden call of 2M’s TP17 service – another milestone in the long-awaited comeback of the much maligned deepwater complex.
The 12,000 teu Seroja Lima was welcomed by the APM Terminals-operated …
