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Terminal congestion continues in American ports: Sea-Intelligence

22 Dec 2021 2:32 PM IST

Despite the extensive focus on congestion issues, and the aim for resolution, the reality is that terminal congestion issues are worsening in Europe...

LF Logistics reported a revenue of around $1.3 billion and an adjusted EBITDA of around $235 million in 2020

Maersk to acquire LF Logistics for $3.6 billion

22 Dec 2021 1:38 PM IST

LF Logistics is a Hong Kong-based private company owned by Li & Fung (78.3 percent) and Temasek Holdings (21.7 percent) focused on providing contract...

CSafe acquires Softbox to consolidate position in temperature-controlled solutions

16 Dec 2021 1:04 PM IST

While the terms of the deal were not disclosed, Softbox CEO Kevin Valentine will assume the role of president of CSafe’s passive temperature...

Over 50% logistics workforce feel AI, automation spell threat to their jobs: DHL survey

14 Dec 2021 2:54 PM IST

Covid-19 and technology has greatly transformed the way the world goes to work. As per the 'Future of Work in Logistics' trend report by DHL, 9 in 10...

Top supply chain trends for 2022 according to BuyHive whitepaper

13 Dec 2021 3:38 PM IST

Led by the aftereffects of the global Covid-19 pandemic, the ongoing transformation of global procurement and supply chain functions will accelerate...

Earnings of shipping companies likely to fall from 2021 peaks: Moody’s

9 Dec 2021 1:01 PM IST

The outlook for the global shipping industry has changed to stable from positive for the next 12-18 months due to demand slightly outstripping supply,...