UK competition watchdog issues objections to GXO's $1bn Wincanton buy
GXO’s tabled £960m ($1.2bn) takeover of UK contract logistics operator Wincanton was thrown into doubt ...
The long-running air cargo antitrust civil case has finally come to a close, with the last settlements for both carriers and lawyers agreed by a New York court.
Polar Air, an Atlas Air subsidiary, must pay $100m in damages to customers, while Air China settled, paying $50m.
The court also approved settlements by Air India ($12.5m) and Air New Zealand ($35m).
Lawyers working on the case, meanwhile, received approval for fees totalling some $100m, estimating 290,000 hours on the case, and argued that they should ...
Maersk u-turn as port congestion increases across Northern Europe
Maersk Air Cargo sees volumes fall as it aims for 'margin in favour of revenue'
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Hapag-Lloyd won't take bookings if port congestion leaves cargo stranded
Ecommerce likely the front-runner in resurge of transpacific trade after deal
Airfreight players eye new routes as demand on the transpacific nosedives
Changing shipment origin won't wash: US CBP turns away whole truckloads
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Indian coastal freight attracts major carriers, but regional tension disrupts
Serious threat to jobs in US logistics as tariffs cause economic 'stagflation'
APMM floats along on 'solid' Q1 profitability in Ocean, well prepared for choppy water
MSC in terminal switch as Nhava Sheva gets strong start to new fiscal year
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