Raymond STERN
Scan Global Logistics appoints former Maersk boss Nils Smedegaard Andersen
Fast-growing forwarder Scan Global Logistics (SGL) has appointed Nils Smedegaard Andersen as its first new board member and chairman of...
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Abdel Halim ESSABBAK
May 16, 2023
Etihad Rail, DHL Global Forwarding ink 20-year partnership
The agreement will see the establishment of a joint venture company that will enable DHL to use Etihad Rail’s network to conduct its main...
Abdel Halim ESSABBAK
May 14, 2023
Aramex and Abu Dhabi Ports set up joint venture focused on freight forwarding
Aramex, the Middle East’s biggest listed courier company, has signed an agreement with Abu Dhabi Ports Group to set up a joint venture to...
Raymond STERN
Feb 20, 2023
Supply-Chain Headaches Ease for Many Companies
Some retailers and manufacturers expect fewer disruptions and lower freight rates this year. Supply-chain snarls are fading from among...
Raymond STERN
Feb 12, 2023
There’s a new inflation warning for consumers coming from the supply chain
Warehouses and distribution centers are pushing rates higher, with U.S. storage prices up 1.4% month-over-month and nearly 11%...
Raymond STERN
Feb 5, 2023
Lunar New Year factory closures curb air cargo rates, demand
Air cargo rates continued a slowdown in January as demand was further pressured by factory closures across Asia due to the Lunar New Year...
Raymond STERN
Jan 10, 2023
Freight Forwarder Flexport Is Laying Off 20% of Its Workforce
The job cuts affecting more than 600 workers come as shipping demand retreats. Freight forwarder Flexport Inc. is cutting about 20% of...
Raymond STERN
Jan 8, 2023
C.H. Robinson Reaches Standstill Agreement With Activist Investor
The pact with Ancora Advisors comes as the freight broker is searching for a new CEO. Logistics heavyweight C.H. Robinson Worldwide Inc....
Raymond STERN
Dec 25, 2022
Relief for shippers as freight costs dip to near pre-pandemic levels
AFTER more than two years of exceptionally high freight rates in a tight capacity market, shippers are finally getting some relief. In...
Raymond STERN
Nov 25, 2022
Muscat – Asyad Group, Oman’s global integrated logistics service provider, signed a memorandum of un
Muscat – Asyad Group, Oman’s global integrated logistics service provider, signed a memorandum of understanding (MoU) with Tanzania Post...
Raymond STERN
Nov 24, 2022
Forwarders call for rules to prevent carrier dominance of global supply chains
Global regulation is needed to prevent supply chain domination by container lines, FIATA told the Logistics for Europe Forum in Brussels...
Raymond STERN
Nov 23, 2022
Maersk adds Khazaen Dry Port to its global network of port calls
The agreement enables Maersk to offer customers seamless access to global markets, as well as enhanced time-and cost-efficient land...
Raymond STERN
Nov 23, 2022
Dubai based Transworld Group enters the Tanker segment
In its latest diversification move with the acquisition of 2 LR tankers. Transworld Group Dubai joins the liquid bulk trade with two Long...
Raymond STERN
Nov 22, 2022
K+N takes two 747-8Fs as other forwarders wind down airfreight capacity
Kuehne + Nagel has received the first of its two own-liveried, Atlas Air-operated 747-8Fs, just as other forwarders cut their own...
Raymond STERN
Nov 20, 2022
Bahri’s Chemicals and Logistics business units sign MoUs to strengthen cooperation with Luberef
Bahri business units to provide sustainable and efficient solutions to meet Luberef’s various logistics and transportation requirements...
Raymond STERN
Nov 18, 2022
Saudia Cargo and Liege Airport sign a commercial partnership until 2023
Saudia Cargo will increase flights to and from the Belgian airport Saudia Cargo has signed a commercial agreement with Liege Airport that...
Raymond STERN
Nov 18, 2022
DHL to open new office in Sohar Freezone
DHL, the leading international provider of air, ocean, and road freight services has announced the opening of a new office in Sohar...
Raymond STERN
Nov 17, 2022
Acquisition of Noatum Propels AD Ports Group to Become a Global Logistics Platform
AED 2.5 Billion Strategic Investment also Offers Exposure to Maritime Activities in the Mediterranean Region and Port Facilities in Spain...
Raymond STERN
Nov 16, 2022
Global freight rates down 30% YoY; steel, auto, and pharma to benefit
However, average container prices are still 2-3 times higher compared to pre-pandemic levels. International freight rates have declined...
Raymond STERN
Nov 13, 2022
GoFreight raises $23M to become the “Shopify of freight forwarding”
Unicorn Flexport is revolutionizing the world of logistics, serving as a freight forwarder with software that enables customers to manage...
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