LOGISTICS
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SATS says looking at WFS for possible acquisition but nothing definite
September 21, 2022 - SATS Ltd (SATS) issued clarifications regarding a recent report which announced the company's plan to acq...
Hellmann opens warehouse in Germany to support largest CLAAS plant
September 19, 2022 - Hellmann Worldwide Logistics is opening a new warehouse in Oelde, Germany to ensure production supplies to the...
DHL: Global trade remained strong despite shocks
September 16, 2022 - Global trade volumes stayed strong — bouncing back quickly following the Covid-19 pandemic and current geopolitical and...
FedEx withdraws full-year guidance as performance fell short of expectations
September 16, 2022 - FedEx Corp pulled back on its profit guidance for the rest of the fiscal year as its performance missed expectations...
US averts rail strike as tentative labor deal reached
September 15, 2022 - The US government has averted a potential railway strike that could have wreaked further havoc on already stressed...
DHL invests €500M in India to grow its warehousing capacity
September 15, 2022 DHL Supply Chain (DHL) is investing €500 million (US$499 million) in India over the next five years to significantly...
Freight forwarder deugro sells Russia business
September 14, 2022 deugro announced that it signed an agreement to sell its business in the Russian Federation following the outbreak of...
"No plans to sell DB Schenker" amid rumors
September 12, 2022 DB Schenker has nixed recent reports that the logistics company is up for sale calling the resurfaced rumours...
China-Europe freight train volumes continue to grow
September 12, 2022 Freight train volumes between China and Europe continue to grow with state media reporting a double-digit increase in...
DHL boosts Mexico presence with its latest pharma, healthcare logistics acquisition
September 9, 2022 DHL Supply Chain announced that it acquired Mexico-based pharmaceutical and healthcare logistics company, New Transport...
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