EU fine turns Panalpina operating profit into $43 million loss

The EU and Swiss antitrust fines of CHF59 million (US$64 million) levied…

TNT earnings rise in Q1 as acquisition by UPS looms

TNT Express reported first quarter profits of EUR16 million (US$21 million) compared…

New Weiss-Röhlig office established in Taiwan

Transport and logistic company Weiss-Röhlig has opened a new office in Taiwan…

UPS posts Q1 gains but falls short of estimates

Atlanta-based United Parcel Service (UPS) announced first quarter 2012 earnings per share…

PH cargo handlers see 6-8% growth in cargo volume

The Philippine Chamber of Arrastre and Stevedoring Operators (PCASO) expects its members’…

CEVA opens freight management office in Romania

CEVA Logistics, a global supply chain company, has opened new premises in…

SDV to represent Swire Shipping new service into East Timor

SDV East Timor has been appointed to represent Swire Shipping new service…

Ceva widens cross-border LTL network in Asia

Global freight forwarder Ceva Logistics is widening its less-than-truck-load (LTL) services in…

PH truckers seek nationwide cost-recovery rate adjustment

The Philippine Chamber of Arrastre and Stevedoring Operators (PCASO) has filed for…

Cost hikes, EU fine trim Kuehne + Nagel Q1 earnings

Global logistics company Kuehne + Nagel reported “unsatisfactory results” for the first…