Business
Greencarrier Freight Services International and its subsidiaries are now operating under the JAS Worldwide name following the latter’s acquisition of the Swedish forwarder in November 2021.
Chief executive of Greencarrier Freight Services Mikael Forsberg said the move was “the natural next step in our integration with JAS, and our team members are excited to now officially be a part of the JAS family. Over the past year, our clients have enjoyed ...
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Freight transport insurer TT Club has signed up to the United Nations Principles for Sustainable Insurance (PSI), a global framework for to address environmental, social and governance (ESG) risks and opportunities. PSI is a global, collaborative initiative that strengthens the industry’s contribution as risk managers, ...
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UPS said its consolidated revenues for the third quarter of 2022 were up 4.2% from last year, at $24.2bn. Consolidated operating profit was $3.1 billion, up 7.5% compared to the third quarter of 2021, and up 6.0% on an adjusted basis. US domestic revenue grew ...
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FedEx worked with 360,000 suppliers globally employing over 16.5 million individuals and with a combined annual revenue of $700 billion, said the Memphis-headquartered carrier in its latest 2022 Economic Impact Report.
In the document, produced in consultation with Dun & Bradstreet, FedEx analysed its effect on ...
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Home delivery expert ParcelHero warns that there will be significant international supply chain disruptions this year as Chinese President Xi Jinping continues his zero-Covid policy.
Another wave of strict lockdowns are disrupting global shipments and the manufacture of many popular goods. Lockdowns in key Chinese port ...
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Ferry and transport operator DFDS is in talks with Turkey’s Ekol Logistics to explore the possibility of acquiring the latter’s international road haulage activities, reports Transport Intelligence.
Ti says it is difficult to know the magnitude of this potential deal as road freight operations are central ...
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Arvato Supply Chain Solutions has acquired the logistics service provider Quickly in Italy, based in Anagni near Rome. The German company has taken over the 14,000sq m site in Anagni and all 102 employees. Quickly handles the supply chain business of cosmetics firm Avon, part ...
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The Government introduced an Electronic Trade Documents Bill on 12 October. The legislation aims to end the need for paper-based trading documents and will include the bill of and bills of exchange by modernising old legislation such as the Bills of Exchange Act 1882 and ...
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Geodis has completed its acquisition of US-based Need It Now Delivers following regulatory approvals. The acquisition significantly expands GEODIS’s US presence in contract logistics and final mile delivery.
Based in Keasbey, New Jersey, Need It Now Delivers has a strong presence in the East, including over ...
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Deutsche Post DHL Group says its third quarter earnings before interest and tax (EBIT) rose by 15% to around €2.040 billion. Group EBIT for the first nine months of this year reached around €6.5 billion (compared with €5.765 billion for the same period in 2021).
It ...
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