“Kuehne + Nagel (K+N) has announced that it has signed over four of its distribution hubs in France to local group STG as part of the ongoing restructuring of its contract logistics division. The value of the transaction has not …
REUTERS reports:
Amazon.com (AMZN.O) is in early-stage talks to buy a stake worth at least $2 billion in Indian mobile operator Bharti Airtel (BRTI.NS), three people with knowledge of the discussions told Reuters, in a move that could turbocharge India’s …
2M partners Maersk and MSC are to extend the suspension of their AE2/Swan Asia-North Europe and AE20/Dragon Asia-Mediterranean loops into the peak season.
And rivals THE Alliance and Ocean Alliance have also announced service suspensions and blankings for the third …
Boeing has won its case against Volga-Dnepr, and is allowed to sell the four freighters which had once been destined for the airline group.
Perhaps unsurprisingly for air cargo observers, Volga-Dnepr yesterday failed in its attempt to gain a temporary …
The air freight market is starting to see rates fall as capacity comes in – and demand subsides.
New figures out today show May volumes have improved month on month, but the past two weeks have seen demand dip, perhaps …
FedEx needs a B2C channel for the European market, while Hermes’ owner has been looking for a strategic partner – but is this a match made in heaven?
And how deep would any embrace be?
According to observers, FedEx is …
Container ports “will take years” to recover from the coronavirus pandemic, but accelerating trade regionalisation could increase hub-and-spoke transhipment services.
According to PSA International CEO Tan Chong Meng, the industry should be prepared for a recession.
“Bankruptcies will increase, unemployment …
