Logistics Providers

Logistics Providers

In-depth coverage of air freight-forwarders, including earnings, rates, volume and more.

Commentary

Whatever the course of action — or inaction — companies have learned a lot during the long, frustrating and costly ordeal at U.S. West Coast ports. Here are five key takeaways.

News & Analysis

01 Apr 2015
Although its last fiscal year was ugly, UTi Worldwide is optimistic about the year ahead, and expects to grow its freight forwarding and logistics businesses. A surge in air freight in February and March attributed to U.S. West Coast port congestion helped.
26 Mar 2015
Speculation has been rife in the Singapore media about a possible tie-up between Neptune Orient Lines (NOL) and fellow G6 Alliance member Hong Kong’s Orient Overseas International Ltd. (OOIL), but a closer look at the business of the two carriers reveals that merging their operations would create little synergy.
24 Mar 2015
Japanese trading giant Mitsui & Co. has signed an agreement to sell Transfreight North America, its wholly owned U.S. logistics subsidiary, to Penske Logistics for an undisclosed sum.
23 Mar 2015
The ports of Los Angeles and Long Beach are partnering with cargo interests, terminal operators, harbor truckers and the railroads to hasten the day when marine terminals become transit facilities rather than storage sites for containers.
23 Mar 2015
Major Japanese trading house Sumitomo Corp. has unveiled plans to set up a logistics subsidiary in Myanmar to cash in on the increasingly promising local market and further strengthen its footprint in the entire Southeast Asian region.
DB Schenker truck at warehouse
19 Mar 2015
DB Schenker Logistics profit stalled in 2014 even as the company increased ocean container, air freight and trucking volumes.
19 Mar 2015
Revenue from Li & Fung’s logistics network soared 66 percent in 2014 to $874 million as the acquisition of giant sea freight forwarder China Container Line last year made its presence felt on the financial statements of the supply chain and sourcing group.
18 Mar 2015
Truck drivers employed by Agility in Kenya ended a strike and are back at work, the company said, after a Kenyan court issued an order calling the strike “unlawful, and therefore unprotected.”
13 Mar 2015
APL Logistics will establish a regional consolidation hub for South Asia in Sri Lanka by the second half of 2015, the Singapore-based forwarder has announced.