Latest News Updates From dpa

BusinessLogisticsGlobal FreightTCA

Hapag-Lloyd Profitable Despite Global Downturn

HAMBURG, Germany — The German shipping company Hapag-Lloyd says it has made a good profit so far this year, despite the economic downturn and several international crises.

November 14, 2024
BusinessEquipmentTCA

Daimler Truck Says It’s Reviewing China Operations

BERLIN — German commercial vehicle manufacturer Daimler Truck has announced it is reassessing the future of its operations in China.

October 30, 2024
BusinessLogisticsGlobal FreightTCA

German Shipping Giant Hapag-Lloyd Posts Higher Profits

HAMBURG, Germany — The German shipping company Hapag-Lloyd has raised its profit forecast for the current financial year because of rising freight rates.

October 25, 2024
GovernmentBusinessTechnologySafetyTCA

Hyundai Nexo SUV Recalled Over Potentially Explosive Leak

Hyundai is recalling its hydrogen-powered Nexo SUV model in the United States for a fix after safety watchdogs warned of a potentially explosive fuel leak.

October 25, 2024
BusinessLogisticsGlobal FreightTCA

Sluggish Global Economy Weighs on Germany’s DHL in Q2

FRANKFURT — German logistics and delivery giant DHL reported second-quarter net profit of $802 million, a decline of 23.9% from a year ago, as a sluggish global economy dampened demand.

August 1, 2024
GovernmentBusinessTechnologyTCA

German Agency OKs Volkswagen’s Plans to Buy Rivian Stake

BERLIN — The German Federal Cartel Office has approved plans by carmaker Volkswagen to buy a stake in U.S. electric car manufacturer Rivian, it said July 29.

July 29, 2024
GovernmentBusinessEquipmentSafetyTCA

Ford Recalls Over Half a Million 2014 F-150 Pickup Trucks

NEW YORK — Ford Motor Co. on June 25 issued a recall for over half a million F-150 pickup trucks from the year 2014.

June 25, 2024
BusinessTechnologySafetyFuelAutonomousTCA

VW to Test Driverless ID Buzz Van With Passengers on Board

HANOVER, Germany — Volkswagen Commercial Vehicles is to test its self-driving ID Buzz AD electric van for the first time under realistic conditions and with passengers on board.

March 22, 2024
GovernmentBusinessLogisticsGlobal FreightTCA

Hapag-Lloyd Warns of Further Earnings Decline in 2024

Following a slump in profits in 2023, German container shipping company Hapag-Lloyd expects earnings to decline again in 2024.

March 14, 2024
GovernmentBusinessSafetyLogisticsTCA

Container Shipping Through Red Sea Falls Again

HAMBURG, Germany — Container shipping through the Red Sea and Suez Canal has declined again in response to the conflict in the Middle East, after recovering to some extent.

March 11, 2024