Deutsche Post-DHL has kicked off the year in strong fashion with growing profits despite two divisions struggling.
The group’s Supply Chain business recorded dramatic double-digit drops in earnings and profitability, with the latter plummeting 44.4% compared with 2017.
Chief executive …

Lufthansa Cargo is tackling the air freight capacity shortage and updating its freighter fleet, with an order for two 777Fs.
Set to deliver in February and March, 2019, the order could mark the carrier’s ambitions to begin to replace its …

The future shape of transhipment hub patterns in the Middle East Gulf looks set to undergo significant change after Abu Dhabi Ports Company today signed a 30-year concession agreement with MSC to establish a new container terminal in the UAE …

CEVA Logistics experienced a disappointing debut on the SIX Swiss Exchange today, with its shares as low as CHF25.3 ($25.3) in early trades, down 8% from CHF27.5, where its initial public offering (IPO) was priced earlier this week.
The deal …

Today’s Shanghai Containerized Freight Index (SCFI) comprehensive index was up 2.1% this week reflecting a stable spot market for container shipments from Asia.
The North Europe component of the SCFI ticked up by 1.8% to $788 per teu and crucially …

Road haulage is suffering from a lack of rate visibility, significant inefficiencies, and an inability to effectively utilise data.
And OnTruck managing director David Jennison told The Loadstar some £6.5bn is being wasted annually as a result of these systemic …

XPO Logistics could agree its next acquisition as early as this month, chief executive Bradley Jacobs told The Loadstar in the aftermath of delivering record quarterly results yesterday.
“The timeline for agreeing our next acquisition is between three weeks and …