Forwarding
DHL Group posted revenue of €20.6 billion in the third quarter of 2024, up 6.2% compared with the same period of 2023. Operating profit (EBIT) was €1.37 billion, similar to last year.
Chief executive Tobias Meyer said that global trade momentum was weak but the group had significantly increased revenue in the third quarter and initiated a profit turnaround compared to the prior-year quarter. He added: “We have been working without ...
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Chris Zheng, founder and chief executive of last-mile delivery specialist SpeedX has acquired New York City headquartered, Accelerated Global Solutions, for an undisclosed sum. The acquisition builds on a two-year collaboration between SpeedX and AGS, combining SpeedX’s last-mile delivery with AGS’s customs brokerage and freight ...
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Ukraine’s Antonov Airlines and Ceva Logistics have delivered the Hera satellite from the European Space Agency to the NASA shuttle facility in Titusville in the US. The 40-tonne consignment was carried on one of the operator’s An124 aircraft and included the 1.13 tonne satellite which ...
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DFDS has abandoned its bid to acquire the international transport network of one of Turkey’s largest operators, Ekol Logistics. It said that completion of the transaction was conditional upon regulatory approvals and certain contractual conditions. Some of the latter had not been satisfied by the ...
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Finnish-headquartered Nurminen Logistics Services has acquired ILP-Group Logistics, which operates in Vantaa and Espoo. ILP-Group Logistics has operated since 1994 specialising in warehousing services, sea, air, and road transport and forwarding and has a revenue forecast for 2024 of €4.5 million. Nurminen said the move ...
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Temperature-controlled and supply chain solutions specialist JS Davidson has expanded its offering to include freight services. By air, sea, road and rail.
Traditionally focused on temperature-controlled storage and distribution, JS Davidson has also recently expanded its services to include distribution, co-packing, and storage. Earlier this year ...
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Coleshill-based logistics and shipping company LTS Global Solutions is celebrating its 25th anniversary with two commemorative vehicles. The company’s latest investments are a 26-tonne DAF truck and a Lawrence David trailer in a specially designed livery. The company recently extended its footprint into Hong Kong ...
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Dachser has started work on a €44 million logistics facility in Unna, east of Dortmund. It will have space for 22,000 pallets, a transit terminal with more than 9,000 m2of floor space, and an office building. It is due to go into operation in the ...
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Aramex UK says it is approaching the peak shopping season with a new strategy designed to accommodate contemporary challenges.
Black Friday has evolved into a major highlight in the UK retail calendar, expanding from a weekend of discounts into a month-long shopping, putting greater pressure on ...
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Nippon Express Holding’s Cargo-partner arm is providing logistics services to exhibitors at Expo 2025 world fair in Osaka, including transport of a 16.5-meter-tall wooden sculpture which will serve as the centerpiece of the Austrian Pavilion.
The structure symbolizes the harmony between tradition and innovation, reflecting Austria’s ...
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