Press release
12 September 2019 – French logistics company FM Logistic has opened a 35,000 sqm warehouse near the southern Russian city of Rostov-on-Don to serve the region’s growing food, retail and manufacturing sectors.
Located on a 20 acre-site, the …

REUTERS reports: “China’s second-largest e-commerce firm JD.com Inc has appointed Jason Hu, a former managing director at Chinese private equity firm CDH Investments, as head of strategic investment to oversee deals both at home and overseas. Hu, who joined the …

Press release
“OVERLAND PARK, Kan., Sept. 11, 2019 (GLOBE NEWSWIRE) — YRC Worldwide Inc. (NASDAQ: YRCW) announced today it has completed a refinancing of its term loan obligations and entered into a term loan agreement (“Term Loan Agreement”) with funds …

Deutsche Bahn (DB) is considering severe cuts to its DB Cargo division, according to German media.
Reuters in Germany said cuts in the loss-making division could mean the loss of 3,000 jobs – said to be up to half the …

Kalitta Air may find itself with no slots at Schiphol from the end of October, ending 15 years of operations at the airport. 
The cargo carrier claims the enhanced joint venture between Air France-KLM, Delta and Virgin Atlantic means the …

There was an upbeat outlook on shipping and world trade from speakers at yesterday’s London International Shipping Week symposium Supporting the Entire Vessel Lifecycle.  
Design, sale and purchase, finance and education industry experts backed continued growth in globalisation, despite the …

Amazon is under investigation by antitrust authorities in the US. The Federal Trade Commission (FTC) is looking into whether the e-tailer is using its market power to hurt competition, reports Bloomberg, in an interesting article. 
Small business are being asked …