UPS is acquiring a German firm that specializes in temperature-sensitive shipping to expand its health care logistics capabilities in Europe, the company announced Sept. 10.
September 10, 2024Logistics News
For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
UPS to Acquire German Cold Chain Company
UPS to Lay Off More Employees to Boost Profitability
UPS Inc. is laying off more of its employees, after earlier this year announcing it was cutting 12,000 jobs in its management ranks.
September 10, 2024MSC CEO Soren Toft Rules Out New Shipping Alliance
MSC Mediterranean Shipping Co. plans to brave volatile shipping markets on its own, ruling out a new alliance just months before its partnership with A.P. Moller-Maersk A/S ends.
September 10, 2024What's That? Reshoring vs Nearshoring
In supply chain management, reshoring and nearshoring are two strategies companies use to optimize their production and sourcing.
September 9, 2024Union Pacific Could Abandon 1872 Jobs Pact With Texas Town
Union Pacific Railroad is one step closer to eliminating its workforce in the east Texas town of Palestine after action by the Texas Supreme Court on Sept. 6.
September 9, 2024CVC Presses Case for Schenker Bid to Deutsche Bahn Officials
CVC Capital Partners is pressing the case for its takeover bid for Deutsche Bahn AG’s logistics arm DB Schenker with a fresh appeal to top officials at the German state-owned transport group.
September 9, 2024Michigan to Allow Hazardous Transport on Ambassador Bridge
The decision, repealing measures in place since 2014, follows a six-month review of input from the public, law enforcement and first responders.
September 5, 2024Military’s $17.9 Billion Moving Contract Off to Slow Start
A $17.9 billion contract to move military members and their families finally took effect this summer. So far, however, just 100 or so local moves have been completed by local moving companies.
September 5, 2024Drought Shrivels Mississippi River, Threatening Food Exports
Drought across the central U.S. is shrinking the Mississippi River, sending barge rates soaring and threatening to roil shipments of everything from corn to gasoline.
September 5, 2024Ollie’s Invests $75M in Illinois Hub to Cut Trucking Miles
A new Ollie’s Bargain Outlet Holdings distribution center in Illinois will save the company 1.2 million trucking miles annually and serve up to 150 stores.
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