SCD: FedEx plans four facility closures, layoffs in North Carolina and South Carolina
SUPPLY CHAIN DIVE reports: The layoffs come in the thick of FedEx’s Network 2.0 initiative, consolidating its ...
We have all figured out already, I guess, how bad the situation is at Expeditors (EXPD) nowadays.
(Are you one of the few who hasn’t? Read ’…Expeditors has a cost problem?’)
Background
Remember we are in a market where DSV is reorganising its corporate tree; Kuehne + Nagel has a global hiring freeze in place; DHL Global Forwarding has more fat to cut (base case: 5%-to-10%); Ceva Logistics remains in restructuring mode as it integrates Bolloré Logistics, with strong focus on its cost ...
Chaos now rules the container shipping market, says Yang Ming CFO
US Logistics Solutions files for liquidation, with significant job losses
Maersk sets new chartering record with deal for $150,000 a day
Forwarders 'being squeezed' as spot and contract rates move further apart
More ships and more containers needed for 'feverish' box shipping sector
MSC and CMA CGM roll out new shuttle services as intra-Asia rates soar
Demand for air freight 'perking up', but this puts pressure on capacity
Idle containership fleet dips to pandemic era lows as carriers hunt tonnage
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