LOGISTICS
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DB Schenker invests €101M in Singapore as it further expands in the APAC region
August 14, 2023 - DB Schenker has announced another multi-million euro investment in Singapore as part of its efforts to further boost...
Credit: Rhenus Philippines Asia-Pacific logistics rent continued to rise in the first half of 2023
August 14, 2023 - The overall logistics rent in the Asia Pacific region maintained its upward trajectory in the first half of the year,...
Cainiao records 34% revenue growth driven by e-commerce fulfillment
August 11, 2023 - Cainiao Group reported revenue expansion in the first quarter of 2023, driven by growth in e-commerce fulfilment and a...
DHL Global Forwarding makes leadership changes in air freight business
August 9, 2023 - DHL Global Forwarding has announced a change in its global leadership team. In a statement, DHL said Thomas Mack,...
UPS lowers revenue outlook for 2023
August 9, 2023 - UPS has lowered its revenue outlook for the year after its second-quarter results. The American logistics giant saw its...
New China-Europe freight train launched in Xi'an
August 4, 2023 A new China-Europe freight train has recently been launched in Xi'an, the capital of northwest China's...
US trucking firm Yellow headed for bankruptcy
August 3, 2023 US trucking giant, Yellow, has seized its operations and is filing for bankruptcy, posing another blow to the...
Source: CAPA China records cargo volume growth in the first half of 2023
August 2, 2023 China saw an increase in freight traffic in the first half of the year, which includes growth in air freight, road, and...
DHL Express to expand at CVG Airport
August 2, 2023 DHL Express is investing US$192 million to expand its current operations at the Cincinnati/Northern Kentucky...
New rail cargo service connecting port of Rijeka-Budapest launched
August 1, 2023 A new regular common user train service was recently launched by Metrans that links the Croatian port of Rijeka, via...
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