Monthly Archives for October 2020

Amazon accelerates logistics expansion ahead of holiday rush Amazon is accelerating expansion of its fulfillment centers and transportation network, having invested $12… Amazon accelerates logistics expansion ahead of holiday rush Journal of Commerce

‘Encouraging’ air, ocean demand for Q4: DSV Strong demand and high rates for air cargo and container shipping in the third quarter drove up earnings for DSV Panalpina, and CEO Jens Bjorn Andersen said Thursday the ongoing market strength was “encouraging”… ‘Encouraging’ air, ocean demand for Q4: DSV Journal of Commerce

‘Encouraging’ air, ocean demand for fourth quarter: DSV Strong demand and high rates for air cargo and container shipping in the third quarter drove up earnings for DSV Panalpina, and CEO Jens Bjorn Andersen said Thursday the ongoing market strength was “encouraging”… ‘Encouraging’ air, ocean demand for fourth quarter: DSV Journal of Commerce

Surcharges power UPS to ground services revenue gain UPS flexed its pricing power in the third quarter via pandemic-related surcharges, increasing average revenue-per-piece on a year-over-year basis for the first time since the 2019 second quarter, and… Surcharges power UPS to ground services revenue gain Journal of Commerce

DSV makes e-commerce growth play with Prime Cargo acquisition Danish forwarder DSV Panalpina has taken over e-commerce specialist Prime Cargo to tap into the exploding global online shopping market and expand its coverage of the Chinese retail fashion business.Prime Cargo,… DSV makes e-commerce growth play with Prime Cargo acquisition Journal of Commerce

DSV buys Prime Cargo in e-commerce growth play Danish forwarder DSV Panalpina has taken over e-commerce specialist Prime Cargo to tap into the exploding global online shopping market and expand its coverage of the Chinese retail fashion business.Prime Cargo,… DSV buys Prime Cargo in e-commerce growth play Journal of Commerce

Competition sets European parcel market apart from US US parcel shippers may envy their European counterparts due to the lack of holiday surcharges, but the trade-off is a lack of cross-border hassles that may occur in Europe.Anticipated higher e-commerce volumes during the 2020 holiday season are… Competition sets European parcel market apart from US Journal […]

Maersk’s Damco move ups threat to digitally deficient forwarders The merger of Damco into Maersk, with the world’s largest ocean carrier folding Damco’s forwarding services into its own offerings, is poised to disrupt the shipping and logistics industries. By combining, Maersk plans to provide an “end-to-end logistics solution,” and if successful, is poised to gain enormous advantages […]

Maersk’s Damco move ups threat to digitally deficient forwarders The merger of Damco into Maersk, with the world’s largest ocean carrier folding Damco’s forwarding services into its own offerings, is poised to disrupt the… Maersk’s Damco move ups threat to digitally deficient forwarders Journal of Commerce

TradeLens expands system integration partnership with Youredi TradeLens has expanded an existing partnership with systems integration specialist Youredi to provide options to help parties submit and consume data… TradeLens expands system integration partnership with Youredi Journal of Commerce