Dachser, the German logistics provider, is poised to expand its relatively small share of the U.S. air and ocean freight business.
Shreyas Shipping and Logistics swung to a net profit of Rs. 61.75 crore (about $9.6 million) in the fiscal year ended March 31, a big turnaround from its loss of Rs. 4.32 crore ($675,000) in the previous year.
It is unlikely to be casual Friday on May 28 as the new Japan Post-owned Toll Group marks its first official business day.
Freight broker Total Quality Logistics added voice search technology to its Carrier Dashboard smartphone app, letting drivers talk, not type as they search for freight.
Trucking and logistics giant Transport Corporation of India said across-the-board gains in freight volumes helped drive consolidated net income up 13.6 percent year-over-year in fiscal year 2014-15, which ended March 31.
China's largest fresh produce e-tailer, FruitDay, signed off on a $70 million tie-up with direct online sales giant JD.com in the single biggest e-commerce fresh produce deal made in the country so far.
High-tech companies around the world expect exports to grow over the next two years, but air cargo freight and passenger jets are set to gain not container lines.
Shipping businesses in China are finally emulating their Western peers by embracing the opportunities and challenges brought by the internet, cloud computing, and big data.
Strong gains across multiple segments, especially international cargo activity, helped India’s Allcargo Logistics deliver impressive earnings results in the fiscal year ended March 31.