Each year UK-based valuation and strategy consultancy, Brand Finance appraises the brand values of the world’s leading logistics companies. Once again, UPS seized the top position by a long-shot, with a brand value of US$22 billion. FedEX took second place with its brand valued at $17 billion—up 31% from 2016 following its acquisition of TNT[…]
To help serve a rising demand for e-commerce services in the central U.K. region, SEKO Logistics said it will expand services at its current fulfillment center in the town of Milton Keynes. Chicago-based SEKO Logistics, which has 120 locations in more than 40 countries, offers what it calls a “hybrid” category of 3PL services, which[…]
Earlier this week, a Luxembourg-based General Court annulled a European Union decision made back in 2013, to block Atlanta-based UPS’ proposed US$7 billion takeover of Dutch package delivery company, TNT Express. Even though the decision will not revise history, since TNT has already been acquired by FedEx Corp., the ruling could pave the way for[…]
DP-DHL CEO Frank Appel. Photo by Deutsche Post-DHL/Bernd Georg While reporting record profits for the 2016 fiscal year, and it’s best-ever performance in the fourth quarter, Deutsche Post-DHL’s exuberance over its end-of-year report was tempered a bit by its airfreight performance. The integrator’s DHL Global Forwarding (DHL-GF) arm, which happens to be the world’s largest[…]
Cloud-based technology and online freight platforms are becoming a routine part of the airfreight and forwarding world – but not everyone is eager to get on board, as evidenced by a few traditional forwarders that have made little progress with online freight booking platforms. But as supply chains become more agile and near-sourcing becomes more[…]
Despite cuts to scheduled main-deck capacity between Nairobi and Amsterdam, Air France-KLM-Martinair said it maintained its dominant position in the transport of fresh-cut flowers out of popular gateways like Nairobi, Quito and Bogota. For the past five weeks, weekly average volumes have hovered around 1,000 tonnes, down only slightly from an average of 1,150 tonnes[…]
