Driver capacity models suggest the record declines in freight rates should be creating more jobs as it generates the creative destruction needed to set up the next cycle, according to the latest freight forecast from ACT Research.
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From carriages to semi-trailers – BPW anniversary
BPW is celebrating 125 years by looking back on its rich history that began in a blacksmith’s forge in Wiehl, Germany, with just 12 employees.
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Kässbohrer hands over chemical tanker
Trailer builder, Kässbohrer, has inked a deal with Roos Spedition, with the freight forwarding company acquiring a Kässbohrer Chemical Substance Tanker K.STC 30.
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DHL Australia names new CFO
Logistics company, DHL Supply Chain, has announced Brindha Pillay as its newest Chief Financial Officer for Australia and New Zealand.
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Schmitz Cargobull delivers electric reefer to Finland
Finland’s PNO Rental has received its first fully electric refrigerated semi-trailer, taking possession of Schmitz Cargobull’s S.KOe COOL.
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Chinese investment in Port of Hamburg announced
The city of Hamburg’s position as a logistics hub in the North Sea and Baltic region will be strengthened thanks to a minority shareholding deal involving China’s COSCO Shipping Ports (CSPL), Hafen Hamburg (HHLA) has announced.
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Grand expansion plans at Röhlig
German owner-managed company, Röhlig Logistics, has shared its expansion strategy, with plans to continue to open new facilities in Southeast Asia and Oceania.
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Girteka Group reflects on successful 2022, braces for tougher times
Lithuania-based transport company, Girteka Group, said 2023 could be a difficult year, despite its strong financial results from last year.
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MBS Logistics branch opens at Zurich Airport
Germany-based company, MBS Logistics, will open a new office in Switzerland as part of its global growth plans.
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Salt Lake City service centre completed
American freight transportation company, XPO, has completed the expansion of its Salt Lake City service centre as part of its North American growth strategy.
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