When I wrote “DSV & XPO: same same but different” on 21 March I had no choice but to flag the risks that M&A could bring to the Danish powerhouse, drawing a parallel with the US-based 3PL and its inorganic …
Cosco’s subsidiary ocean carrier, OOCL, increased its liftings by 3.2% in the first six months of the year, compared with the same period in 2018, to 3,374,412 teu with revenue up 6.5% to just over $3bn.
The carrier said that …
Maersk has responded to a call by forwarders to share efforts to standardise digitisation through its TradeLens platform, saying it is “cultivating diverse membership” and welcomes all-comers.
This month, former DSV executive Steve Walker warned that the forwarding industry was …
Russian container shipping line Fesco and state rail operator RZD have launched a service to ship boxes from Korea to Europe via the Trans-Siberian Railway.
The two companies said the launch followed a trial shipment last month from the South …
Agility Logistics today reported first-quarter pre-tax profits down 9% year on year, largely due to investments, including its digital transformation project.
The Kuwait-headquartered 3PL said ebitda for Agility Global Integrated Logistics (GIL) in the period was KD6.8m (US$22.3m) on revenues …
As predicted in The Loadstar, it is looking as if Swissport is eyeing an IPO again. This month it hired Peter Waller, the executive who readied Ceva for its IPO. Now it has announced – much like Ceva did a …
Following various reports in the media that Lufthansa is shortly to get rid of its MD-11F fleet, CargoForwarder has attempted to get to the truth. The rumours were sparked by Lufthansa chief executive Carsten Spohr last month at an investor …
