XPO Logistics this week reported another set of record quarterly results as it whittles down its possible acquisition targets to around a dozen.
Chief executive Brad Jacobs told The Loadstar the 3PL was now in a different phase in its …

Soaring revenues have encouraged Atlas Air to increase its full-year forecasts, despite reporting a loss for the six months to June.
First-half earnings hit $1.3bn, up 31% year on year, with a similar growth rate,29%, recorded in the second quarter, …

Containership owner Seaspan Corporation does not rule out acquiring a smaller non-operating rival owner, but says its main focus is on “deleveraging the balance sheet and moving towards investment grade”.
In June, Fairfax Financial Holdings pledged a further $500m investment …

Continuing the success of the new DeltaCargo.com, the website has been enhanced with a number of new features that improve the shipping process for customers.  New features include the full product portfolio now bookable online, as well as enhanced shipment …

A London court has found in favour of Dubai-based port operator DP World in its dispute with the government of Djibouti over the right to run the country’s Doraleh container terminal.
Earlier this year, the Djibouti government passed a new …

CH Robinson recorded double-digit growth in revenue and profitability, thanks to its buoyant road division driving over losses in other business areas.
Overall first-half profit hit $301.5m, up 29.3%, thanks to a 15.1% upturn in revenue, which reached $8.2bn.
Its …

Yusen Logistics UK has boosted its e-commerce capabilities with the acquisition of delivery and fulfilment specialist ILG.
The deal will boost its UK revenues by 12% and help propel Yusen into the top-10 UK logistics providers.
ILG specialises in e-commerce …