Cosco Shipping Holdings has posted a net profit of Rmb687m ($102m) for the first three months of the year.
This follows the Chinese state-owned container liner and terminal group’s $251m positive return last year, which, said Alphaliner, included $230m of …

Maersk has taken another step towards becoming an integrated company by offering digital customs clearance for ocean customers. 
Its new online shipping management platform is available in seven European countries and will be rolled out worldwide by the end of …

UK freight management services group Xpediator saw annual revenue grow 54.1% to £179.2m last year, following a long acquisition spree.
The group posted a pre-tax profit of £5.6m, representing growth of 130.5% over the previous year – and ceo Stephen …

After months of frantic negotiations, deal talk and speculation, we’ll find out tomorrow how challenging the first 13 weeks of 2019 really were for DSV, the king of logistics M&A in the first quarter.
Following the trading updates of Swiss …

PRESS RELEASE
“WINNIPEG, Manitoba, April 26, 2019 (GLOBE NEWSWIRE) — Bison Transport announces today that it has acquired all of the assets of the container on flat car (“COFC”) intermodal operations of Indianapolis, Ind.-based Celadon Group, Inc.”
To read the …

The South China Morning Post reports: “Amazon has begun its retreat from China. While the country has the world’s largest e-commerce market, it has proved to be a tough nut for foreign companies to crack. The Seattle-based online retail pioneer …

TRANSPORT INTELLIGENCE writes: “As everyone in the freight forwarding and shipping industry is aware, significant delays can occur to containers between being off-loaded onto the quay and the time they are delivered to the importer’s warehouse or factory. There are …