DHL Global Forwarding's new less-than-truckload cross-border service isn't just about US-Mexico trade. It's part of growing shipper demand for multimodal, multiregional logistics and transportation services.
Descartes has announced the second purchase of a logistics software firm in three days as the company seeks to bolster its network that provides shippers with more visibility of their shipments while in transit.
Panalpina’s earnings dipped two percent in the second quarter on sluggish growth in ocean container traffic and a decline in air freight volumes.
UPS reportedly is in talks to acquire fast-growing Coyote Logistics, as round after round of logistics acquisitions this year increase speculation about potential mergers.
Logistics property developer GLP and a consortium of investors have established a $7 billion China-focused logistics infrastructure fund aimed at developing modern warehouse facilities across the mainland.
Strong demand for outsourced services will help U.S. logistics suppliers expand and encourage more mergers and acquisitions, a consultant told Stifel investors.
Descartes, which operates the Global Logistics Network, recently purchased MK Data Service for $76.3 million in cash, giving shippers who use the network one more way to protect themselves from doing business with denied parties.
China’s taste for U.S.-made products purchased online has been driven by concerns over fake products offered at home and developed by new and efficient cross-border e-commerce solutions.
UPS expanded the insurance and logistics services it offers shippers of high-value cargo such as jewelry by acquiring Insured Parcel Services from G4S, a global integrated security company.
European shippers needing industrial spare parts to prevent the stalling of production lines will be able to take advantage of a new global distribution hub.