While the short-sellers recently had another go at XPO Logistics and its financials – it was a rather poor shoot – and Goldman Sachs initiated coverage of the US-based 3PL arguing there is more upside for shareholders, one overlooked aspect …

Logistics operators have yet to see the seismic impact of the year-on-year decline in driver numbers across the North American intermodal sector.  
Various reports have cited upwards of a 300,000-driver shortfall overall, with quarterly declines since 2015, but Globaltranz’s chief …

JB Hunt enjoyed a boost to revenues in its second quarter owing to increased truck capacity – but saw profits fall as intermodal volumes declined 8% and integrated capacity solutions volumes fell 7%. 
Total operating revenue for the second quarter …

Air France-KLM Martinair Cargo (AF-KLM) has signed up as one of the launch customers for a new Accenture cloud-based platform, allowing cargo carriers to integrate with partner networks. 
Executive vice president of AF-KLM Cargo, Marcel de Nooijer, said the decision …

Fiata, together with insurer TT Club, has announced the winners of the regional Young International Freight Forwarder of the Year Award (Yiffya) 2019.   
Sovfracht’s Evgenniya Khokhlova took home the award for Europe, with Panalpina’s Rachael van Harmelen winning for the …

The “ocean carriers vs freight forwarders” debate rumbles on.
This week I talked to Steve Walker – a market veteran with 45 years’ experience in the freight forwarding industry – to assess whether the interests of 3PLs are being preserved …

Korean Air, which saw first-quarter cargo revenue fall 7.6% year on year, is to suspend its services at cargo terminals in three cities. 
In a bid to improve its financial position, the carrier said it would stop transport and cargo …