ºÚÁϳԹÏÍø

XPO has opened its largest operation, a 273,000-square-foot facility on 121 acres near Carlisle, Pa., that is one of 28 former Yellow facilities that XPO purchased for about $800 million.

Israeli shipping company ZIM Integrated Shipping Services last week posted a rise in its stock price after Street Insider cited a source saying that the CEO was considering a management buyout. 

German postal company Deutsche Post announced on March 6 that it will cut 8,000 jobs by the end of the year, citing high costs, just two days after striking a deal with workers on a 5% pay rise.

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.

The Ted Stevens Anchorage International Airport has added five new international cargo carriers to its lineup this year, setting the stage for continued growth.

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

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.

The planned Sparrows Point terminal is expected to transform Maryland’s economy over a decade, generating more than 8,000  jobs and adding $1.54 billion a year in economic impact.

Amazon’s safety data shows a decline in its warehouse injury rate in 2023, marking an improvement for the second consecutive year, but critics disagree with how the company measures safety.