OOCL gains market share in Q1, with 'very strong' financials unveiled by Cosco
Volumes carried by Cosco-owned container line OOCL in the first quarter soared, compared with the ...
Fast-growing US freight company XPO Logistics is broadening its ambitions, outlining plans that would see the company evolve from a US regional freight broker and freight forwarding concern to one of the country’s leading freight firms.
Chief executive Bradley Jacobs had previously explained how he aimed to build an operation with $5bn annual revenue within five years. However, after announcing a second consecutive quarter of positive results on Friday, he has upped that target by 50%.
“Given our achievements so far, we ...
European port congestion now at five-to-six days, and getting worse
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