Chinese logistics company declares €1.8B takeover bid
SF Holding, headquartered in Shenzhen, is set to acquire a majority stake in Hong Kong’s Kerry Logistics Network.
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Australia Post deploys door-to-door A-double
National parcel carrier, Australia Post, has introduced a new A-double into its linehaul operations.
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Excellence on demand
At the official handover of 40 new Krone curtainsider semi-trailers for the transport company STERAC, Managing Director Gerald Rackebrandt and Frank Knuhr (Head of Purchasing/Fleet) visited Krone in Werlte. During a detailed tour of the factory, the guests from Braak in Schleswig-Holstein were impressed by the ultra-modern trailer production in the new Krone surface coating centre.
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BOS+, H.Essers sign historic forest protection agreement
Environmental organisation, BOS+, no longer objects to the permit issued by the Limburg Permanent Deputation allowing H.Essers to cut down almost nine hectares of forest trees on the former Hörmann site at Genk-North industrial estate in Belgium.
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CEVA Logistics extends rapid LTL services to South East Asia
An express service now connects China to Thailand, Malaysia and Singapore in seven days via optimised routing according to CEVA Logistics.
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FedEx executive who doubled revenue confirms succession plan
US-based courier business, FedEx, has announced that Henry Maier, FedEx Ground President and CEO, will retire effective 31 July 2021.
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Cainiao Network improves logistics industry in China and abroad
Chinese last mile service provider, Cainiao Network, is operating at positive cashflow according to parent company, Alibaba Group.
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UPS releases Q4 2020 earnings
US-based company, United Parcel Service (UPS), has reported consolidated revenue of $24.9 billion USD for Q4 2020, a 21 per cent increase compared to Q4 2019.
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Amazon reports blowout quarter, Bezos to step down
US-based e-commerce company, Amazon, is preparing an executive transition and has also released its latest financial results.
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PNO announces strategic expansion
Denmark-based trailer rental firm, PNO Group, is entering the German market.
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