Amazon, DHL, GXO, Kuehne+Nagel, Pepsico and True Value Co. are among firms announcing job cuts, according to a new round of worker reduction notices.
This week in Borderlands: Kuehne+Nagel is expanding in Texas to meet rising manufacturing demand; Canadian government opens cross-border trade office in Arizona; China-based automotive supplier opens factory in Aguascalientes, Mexico; and new 500,000-square-foot logistics hub being constructed near Dallas.
Mexico ranked as the United States’ top trading partner in January, accounting for $64.5 billion in cross-border commerce.
Kuehne+Nagel is the largest logistics company in the world, but it wasn’t immune to downward market forces in 2023.
Birmingham airport in Alabama welcomed the first regularly scheduled 747 freighter organized by logistics provider Kuehne+Nagel.
Kuehne + Nagel had a highly profitable year in 2022 despite macroeconomic headwinds, but results fell considerably in the fourth quarter along with transport demand.
Port congestion and voyage cancellations by shipping lines are preventing a steeper slide in spot container freight rates.
Los índices de transporte marítimo transpacífico de contenedores al contado de FBX han subido en la última semana
Kuehne + Nagel continued profit growth in Q2 by charging customers more for extra service to keep supply chains fluid.
A Swiss logistics company and Baker Hughes, its customer, must take their dispute over a botched air cargo shipment to arbitration, a U.S. federal court said.
New reports from Maersk, Kuehne+Nagel and Drewry point to an ongoing boom for container shipping lines.
Shippers should brace for “skyrocketing haulage costs,” HLS Holding warns.
ULSD rises slightly, semiconductor shortage could get worse and more 3PLs suspend shipments to and from Russia.
Kuehne + Nagel is the biggest air and ocean logistics provider and it’s pushing the right buttons for fast growth.
Kuehne + Nagel is one of the largest, most profitable international freight management companies in the world. Its CEO announced he will leave next year.
Kuehne + Nagel is one of the largest third-party logistics providers in the world and it got larger in the second quarter.
Finding cargo space on aircraft these days is a challenge. Now comes another layer of demand from U.S. fruit growers looking to export from the West Coast.
The container ship now is expected to anchor in San Pedro Bay on May 1.
The Maersk Eureka is 650 miles off the coast of Alaska awaiting repairs
Kuehne + Nagel will become the top global air and ocean freight management company when it completes its purchase of Hong Kong’s Apex Logistics International.
Kuehne + Nagel is on a mission to get bigger in Asia. Two deals this week in China are helping to make that possible.
Kuehne + Nagel is the second-largest logistics services provider in the world. It just got bigger, swallowing up Hong Kong’s Apex International.
Six cases of at-sea container losses have been reported in less than three months.
FreightWaves identifies importers who use the Asia-West Coast service.
In today’s edition of The Daily Dash, an activist investor is pushing Forward Air to create more shareholder value. Plus, retail supply chain trends to watch in 2021 and Deutsche Bank’s Amit Mehrotra shares his truckload stock outlook.
XPO gets most of K + N’s U.K. contract logistics business.
The state of customers’ freight remains unknown as inspection of the 14,052-TEU vessel begins.
UNICEF is helping less developed countries with supply chain needs associated with distributing coronavirus vaccines.
Retrofitting a passenger plane to operate as a heavy cargo plane is a big engineering job that requires many new parts and disposal of old ones. Logistics giant Kuehne + Nagel says it can reduce inventory and transportation costs to make conversions more economical.
Surviving cargo that was bound for the U.S. now is headed back to Asia.
The Canadian government prequalified FedEx Canada, UPS Health Care, McKesson and Kuehne + Nagel to bid on a contract to distribute millions of COVID-19 vaccine doses.
Major companies in the transportation and logistics world have taken interest in Canada’s massive undertaking to distribute millions of COVID-19 vaccine doses.
LaQuenta Jacobs promoted to provide cultural leadership and strategic direction.
The coronavirus’ whipsaw effect on the global supply chain took a toll on Kuehne + Nagel during the first half of 2020, but without a rapid internal response the hit would have been far worse, CEO Detlef Trefzger says.
Kuehne + Nagel’s Bill Rooney takes aim at RFQs and bunker surcharges in remarks to Agriculture Transportation Coalition
Global freight forwarder attributes most of the 23.2% year-over-year first-quarter earnings drop to impact of COVID-19 pandemic .
XPO announces deal to buy the majority of Kuehne + Nagel’s U.K. contract logistics segment. The deal comes shortly after XPO announced plans to divest units.
But an undercover survey finds that traditional forwarders face increased pressure from container lines and digital forwarders.
Freight forwarder Kuehne + Nagel is acquiring Rotra, a company with roughly 800 employees and an annual revenue of over €100 million.
U.S. freight forwarders have increasingly embraced canines as part of their technology-driven air cargo security programs.
Ocean carrier says the onus in on marine fuel suppliers to scale up production to meet target dates.
The world’s second-largest 3PL does not expect a rebound in air cargo markets until the second half of 2020.
The world’s second-largest third-party logistics provider reports sea and land transport Q3 performance gains but confirms air freight market decline.
Market Voice Brian Aoaeh has a fascinating interview with Wolfgang Lehmacher,, an expert on global supply chains (and much more)!
Forwarder outlines pathway to carbon neutral future as climate change takes on new urgency.
U.K.-based technology firm sees 2019 as pivotal year for logistics-focused technology.
The new interface was designed to increase speed, accuracy and efficiency.
Purchase of Worldwide Perishables Canada expands perishables business of world’s largest freight forwarder.
Kuehne + Nagel (K + N) said it is cautiously optimistic on the outlook for the second half of 2019, but it will be a “tough ride in a tough […]
World’s largest ocean freight forwarder sees volume growth thanks to Asian export markets and its niche plays in pharma and healthcare.
World’s largest ocean freight forwarder adds money-back guarantee and carbon offset to what is now considered ‘table stakes’ in ocean freight.
World’s largest ocean freight forwarder continues to grow volume, but impact of liner alliances also take toll on margins.
Largest ocean freight forwarder sees fuel bills increasing as much as 50 percent based on current price spreads.
‘Swedish furniture,’ along with an IT refresh and 24 percent share premium, may factor in combining two top freight forwarders.
Quick acquisition broadens 3PL giant’s portfolio.
Freight forwarding giant needed easy way to transmit container weight data.
