Chris Lewis
UPS announced on 29 April first-quarter 2025 consolidated revenues of $21.5 billion, down 0.7% from the first quarter of 2024. Consolidated operating profit was however up 3.3% at $1.7 billion, compared to the first quarter of 2024.
UPS chief executive, Carol Tomé, said: "As a trusted leader in global logistics, we will leverage our integrated network and trade expertise to assist our customers as they adapt to a changing trade environment. ...
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Lufthansa Cargo’s time:matters critical transport arm has opened offices in Penang, Malaysia, and Bangkok, Thailand. Both locations will offer the full range of time:matters' services, tailored to high-tech, semiconductor, automotive and advanced manufacturing sectors.A multilingual team of logistics experts launches operations in Penang is led by general manager, Simon Ting ...
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Global e-commerce logistics and e-fulfilment is expected to soar in 2025 despite Donald Trump's tariffs and threats to de minimis, says U-Freight Group chief executive, Simon Wong.
Commenting on a recent Transport intelligence (Ti) report that suggests the global e-commerce logistics and fulfilment market is set to grow by 15.5% in ...
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Belfast Harbour is due to begin marine works in late April for a new deepwater terminal, its largest single capital investment project ever.
The project will see construction of a £90 million dual purpose deepwater quay which will expand the port's capacity for offshore wind turbine assembly and installation as will ...
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FTA Ireland has appointed Niall Cotton as its new interim chief executive to replace outgoing chief executive Aidan Flynn, who is leaving the organisation after 14 years.
Cotton (pPctured, below) was a founder member of FTA Ireland, and has been president and director of the organisation since its inception in 2010. ...
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Scottish-based Malcolm Group has been awarded the Park Mark Freight accreditation for five sites. The accreditation, part of a Police Crime Prevention Initiative to reduce crime in car parks, is for the company’s depots in Grangemouth, Paisley and Penrith, which met the highest standards for safety and driver welfare.
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German-owned forwarder Rhenus Group has completed rebranding of Blu Logistics LATAM to Rhenus Logistics, following its acquisition in 2023. It will operate under the Rhenus Logistics name in Argentina, Colombia, Ecuador, Mexico, Paraguay and Uruguay. In 2024, the combined operations of Rhenus Logistics LATAM and BLU Logistics LATAM handled over ...
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Chinese car firm Jameel Motors has appointed DHL to handle finished vehicle and aftermarket logistics for its electric Farizon SV large van in the UK. Established in 2016, Farizon is the commercial vehicle division of Geely, China's largest private vehicle manufacturer. The Farizon SV is being introduced to the UK ...
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A blast at the Iranian port of Shahid Rajaee port near Bandar Abbas was reported on 27 April to have killed at least 40 people, with more than 1,200 people injured according to state media. Firefighters were continuing to battle the fire although Iran's Red Crescent Society was reported as ...
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CEVA Logistics, a subsidiary of the CMA CGM Group, has signed an agreement to acquire 100% of Turkish company Borusan Tedarik, for US $440 million, subject to conditions and regulatory approvals.
With roots going back more than 50 years, Borusan Tedarik offers contract logistics, finished vehicle logistics, full truckload and less ...
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