Asia Pacific driving an express market set to keep delivering healthy growth
The global parcel delivery market has boasted steady growth since 2020, with Asia the largest ...
Sunday deals are rare…
…but yesterday’s disclosure that UPS would sell its non-core Coyote Logistics business for slightly over $1bn to RXO was good for a change.
Its truckload brokerage unit, on the market since early 2024, the deal was promoted as “monumental” by Brad Jacobs, who has skin in the game alongside MFN Partners* and Orbis Investments, who have committed together over half of the agreed take-out price.
(*More about the investor and its Yellow involvement here.)
“Bigger is better” is the mood ...
Carriers unveil Panama Canal transit surcharges for new year
The Loadstar explains: port automation
HMM to return to the transatlantic, as ONE teams up with Ocean Alliance
Multimodal negotiable cargo documents a step closer to reality
USPS privatisation would change the dynamics of rocky US final-mile landscape
US port dispute: 'the carriers and USMX are going to lose this battle'
The paradoxes of port productivity
Ocean and Premier alliances plan jointly operated transatlantic networks
Comment on this article