Private equity gets rare support from union on Schenker sale
Verdi, Germany’s most powerful labor union, is making the unusual move of backing a private equity firm’s bid for Deutsche...
Archive
Cargo carriers seek clarity on TSA screening directive
A new air cargo screening directive issued Aug. 21 by the TSA has some carriers looking for clarification from the...
Navia launches Raft AI solution for invoice processing
Freight forwarder Navia is using AI from intelligent logistics platform Raft to automate processing for most of its accounts-payable invoices. ...
Senate bill to tighten de minimis regs for Chinese retailers
A bipartisan bill introduced this week in the U.S. Senate aims to tighten de minimis regulations for Chinese retailers to...
Maersk logistics revenue rises 7.3%Â
Denmark-based shipping giant A.P. Moller-Maersk today reported $12.7 billion in revenue for the second quarter of 2024, a decline of...
Expeditors’ Q2 revenue up 9%Â
Expeditors today reported $2.4 billion in revenue for the second quarter of 2024, an increase of 9% year over year.  ...
DHL’s Q2 revenue rises 2.7%Â
DHL Group today reported 20.6 billion euros ($22.3 billion) in revenue for the second quarter of 2024, an increase of...
C.H. Robinson’s Q2 revenue increases 1.4%Â
Freight forwarder C.H. Robinson reported $4.5 billion in revenue for the second quarter, an increase of 1.4% year over year.  ...
