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Maersk to acquire LF Logistics for $3.6 billion
22 Dec 2021 1:38 PM ISTLF Logistics is a Hong Kong-based private company owned by Li & Fung (78.3 percent) and Temasek Holdings (21.7 percent) focused on providing contract...
CSafe acquires Softbox to consolidate position in temperature-controlled solutions
16 Dec 2021 1:04 PM ISTWhile the terms of the deal were not disclosed, Softbox CEO Kevin Valentine will assume the role of president of CSafe’s passive temperature...
Over 50% logistics workforce feel AI, automation spell threat to their jobs: DHL survey
14 Dec 2021 2:54 PM ISTCovid-19 and technology has greatly transformed the way the world goes to work. As per the 'Future of Work in Logistics' trend report by DHL, 9 in 10...
Top supply chain trends for 2022 according to BuyHive whitepaper
13 Dec 2021 3:38 PM ISTLed by the aftereffects of the global Covid-19 pandemic, the ongoing transformation of global procurement and supply chain functions will accelerate...
Earnings of shipping companies likely to fall from 2021 peaks: Moody’s
9 Dec 2021 1:01 PM ISTThe outlook for the global shipping industry has changed to stable from positive for the next 12-18 months due to demand slightly outstripping supply,...
2022 to be another challenging year for container logistics industry
9 Dec 2021 12:49 PM ISTMajority of the global container logistics industry (75 percent) is rethinking strategy for 2022, according to a survey by Container xChange.