Bollore revenue down 3.2% YoY
French conglomerate Bollore Group’s revenue for the first half of 2023 was 6.2 billion euros ($6.9 billion), down 3.2% year...
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DB Schenker outperforms pre-pandemic results in H1, despite revenue loss
DB Schenker, the logistics arm of Duetsche Bahn Group, posted $11.2 billion in revenue, a loss of 29% year over...
DHL to acquire Turkish parcel delivery provider MNG Kargo
DHL Group has signed an agreement to acquire 100% of Turkish parcel delivery company MNG Kargo and its subsidiaries. From...
DSV revenue down 37.8% in Q2
Danish freight forwarder DSV saw second-quarter revenue decline 37.8% year over year to 37.7 billion Danish krone ($5.6 billion). Its...
Kuehne+Nagel maintains positive outlook as volumes slide
Global shipping logistics giant Kuehne+Nagel’s total earnings decreased 47% in the first half of 2023 compared with the first half...
Overhaul adopts RiskGPT for cargo theft response
Texas-based risk management solution company Overhaul recently adopted RiskGPT as a part of its line of software solutions for cargo...
CJ Logistics, KOBC pledge $457M for US logistics hubs
Seoul, South Korea-based supply chain and technology firm CJ Logistics and the Korea Ocean Business Corp. will invest $457 million...
AIT invests in pharma shipping
Global logistics company AIT Worldwide Logistics has formed the Critical Solutions Group, comprising industry veterans, to focus on logistics services...
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