Get a continent-by-continent and country-by-country look at where the 2024 Top 50 Global Freight Companies are based.
November 1, 2024Top 50
Map: Where They Are
Amazon Exceeds Profit Forecasts, Predicts Q4 Sales Surge
鈥淎s we get into the holiday season, we鈥檙e excited about what we have in store for customers,鈥 CEO Andy Jassy said in a statement.
October 31, 2024DHL Lays Out Plan to Boost Revenue 50% by 2030
DHL Group, the trading name of Deutsche Post AG, unveiled a new strategy aimed at increasing revenue by 50% by 2030 through various growth initiatives.
September 23, 2024FedEx Cuts Forecast After Tough Quarter for Deliveries
FedEx Corp. cut the top end of its full-year profit outlook and reported quarterly earnings below expectations on softer demand for package deliveries.
September 19, 2024DSV Buys DB Schenker for $15.9B, Creating Logistics Giant
DSV, founded by 10 Danish truckers in the 1970s, has grown through a string of acquisitions in the fragmented transport industry, including buying targets that were larger than itself.
September 13, 2024Amazon to Boost Contract Driver Pay to Nearly $22 an Hour
Amazon.com Inc. plans to spend an additional $2.1 billion on its contract delivery program, including safety programs, training and additional pay for the contracting firms.
September 12, 2024CVC and DSV Compete in $15.6B Bid for DB Schenker Unit
Deutsche Bahn is currently evaluating the final offers and needs to discuss with the government on CVC鈥檚 proposal.
August 23, 2024DSV Orders 300 Electric Trucks in Major Volvo Deal
Logistics firm DSV plans to buy 300 electric heavy trucks from Volvo AB in what would be one of the largest commercial orders to date for the Swedish manufacturer鈥檚 battery-powered rigs.
August 23, 2024Will Amazon鈥檚 AI Bet Pay Off?
More than any of the megacap technology stocks, Amazon.com Inc.鈥檚 big-spending ways are coming at the expense of profits, and its shares are being punished as a result.
August 20, 2024Air and Ocean Freight Deal With Fluctuating Volumes in 2022
2022 saw an eastern shift in聽container shipping within the United States, while airfreight volumes dipped across North America.
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