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Expeditors faced with $2.1M lawsuit after cyberattack
Forwarder and logistics service company Expeditors is facing a $2.1 million lawsuit brought from customer iRobot Corporation for an alleged...
Freight Forwarders
DSV posts strong 2022 results despite Q4 downturn
DSV’s Air & Sea freight forwarding division posted strong results for full-year 2022 despite declining financial performance and business activity...
Airfreight demand ticks up before Lunar New Year
With the Lunar New Year beginning Jan. 22, carriers and forwarders alike are preparing for an uptick in air cargo...
COVID surge in China not hampering airfreight, forwarder says
A surge in COVID-19 cases in China casts doubts on logistics operations in the country with labor shortages potentially looming...
Biesterfeld steps down as C.H. Robinson CEO
Bob Biesterfeld has stepped down as president and chief executive of U.S.-based freight forwarder C.H. Robinson effective Dec. 31, 2022....
Kuehne+Nagel to double French airfreight business
Kuehne+Nagel is planning to double its airfreight footprint in France with a new 16 million euro (US $16.9 million) facility...
Movers and shakers: Top people stories of 2022
The airfreight industry saw significant reshuffling of top executives across freight forwarders, carriers and logistics providers in 2022. Here is...
Forwarders see decline in airborne shipments of retail goods
The marked decline in airborne shipments of retail goods in the final quarter of this year provides further evidence of...
MSC Group completes $6.1B acquisition of Bollore Africa Logistics
MSC Group subsidiary SAS Shipping Agencies Services completed its acquisition of Bollore Africa Logistics, comprising all of Bollore Group's transport...
Unique Logistics goes public via SPAC
Logistics and freight forwarding company Unique Logistics International signed a merger agreement with special purpose acquisition company (SPAC) Edify Acquisition on...
Kuehne+Nagel introduces semiconductor quality standard
Kuehne+Nagel has upgraded its semiconductor shipment services with the SemiconChain solution, a quality standard for the freight forwarder’s 25 global...
Deutsche Bahn prepares for potential sale of DB Schenker
German railway group Deutsche Bahn (DB) is preparing for the potential sale of its subsidiary DB Schenker, one of the...
Consultant Insight: Geodis adds air services to MyParcel
Air cargo volumes peaked in 2021 at 65.6 million tonnes and have since fallen as ocean freight capacity improved and...
Global freight forwarding sector to escape contraction in 2023
The global freight forwarding sector will escape contraction in 2023 but only expand 0.7% year over year in real terms,...
