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
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 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
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...
Raymond STERN
Nov 10, 2022
C.H. Robinson cuts jobs as logistics markets cool
Logistics company C.H. Robinson Worldwide Inc. (NYSE: CHRW) has laid off about 650 workers in the past week, signaling slower demand for...
Raymond STERN
Nov 7, 2022
UK freight association develops programme to attract recruits from other industry sectors
The British International Freight Association (BIFA) has launched a programme called ‘Freight Development Pathway’ in partnership with...
Raymond STERN
Nov 1, 2022
Amazon targets freight forwarding with Global Logistics offering
Amazon is looking to ramp up its freight forwarding business as the e-commerce giant continues to expand its supply chain offering....
Raymond STERN
Oct 27, 2022
Shipping rates are no longer plunging. Is ‘new normal’ near?
Drewry trans-Pacific indexes down just 3% this week, FBX indexes flattening Ocean shipping spot rate indexes are still falling. But after...
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