UPS to cut 20,000 jobs in network reconfiguration
And so it starts. UPS, while announcing a better-than-expected profit, also enthused investors with its ...
CH Robinson is to “aggressively grow” in global forwarding and is set to expand in Europe and Asia, possibly through M&A.
As it released first-quarter results showing net income up 11.7% to $119m, it said developing its global network was a “strategic imperative”.
CEO John Wiehoff told analysts: “While we’re proud of our global footprint … we also acknowledge that it’s a significant growth opportunity for us to expand.
“We have plans to open offices in Europe and Asia that will expand our geographic footprint. ...
Keep our news independent, by supporting The Loadstar
Container spot rates diverge: to Europe still falling, but firmer to the US
Volume surge and an early peak season? 'Don't celebrate too soon,' warning
Hapag-Lloyd won't take bookings if port congestion leaves cargo stranded
Ecommerce likely the front-runner in resurge of transpacific trade after deal
China-US trade tariff pause could drive a rebound for transpacific rates
Service chaos from trade ban with India a problem for Pakistan shippers
Airfreight rates ex-China 'loss-making', but hopes of a trade deal stay high
Comment on this article