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Business, Logistics, Global Freight, Top 100

DSV Secures $5.4 Billion in Bonds for DB Schenker Deal

The Danish transport company sold a six-part bond deal with maturities ranging from two to 10 years, according to a person familiar with the matter.

October 30, 2024
Business, Logistics, For-Hire, Global Freight, TCA

Anchorage’s International Airport Adds 5 Carriers

The Ted Stevens Anchorage International Airport has added five new international cargo carriers to its lineup this year, setting the stage for continued growth.

Alex DeMarban | Anchorage Daily News
October 25, 2024
Business, Logistics, Global Freight, TCA

German Shipping Giant Hapag-Lloyd Posts Higher Profits

HAMBURG, Germany — The German shipping company Hapag-Lloyd has raised its profit forecast for the current financial year because of rising freight rates.

dpa | Hamburg, Germany
October 25, 2024
Business, Global Freight

SF Express Is Said to Target Second Listing in Hong Kong

SF Holding Co., China’s biggest express delivery company, is targeting a second listing in Hong Kong at the end of next month that could raise about $1 billion.

Julia Fioretti and Dong Cao | Bloomberg News
October 24, 2024
Business, Logistics, Global Freight

DSV to Kick Off Bond Sale Early to Finance DB Schenker Deal

Danish transport company DSV will start a large bond sale as soon as this year to help pay for its $15.4 billion takeover of DB Schenker ahead of an expected completion in 2025.

Christian Wienberg | Bloomberg News
October 23, 2024
Business, Logistics, For-Hire, Private, Global Freight

Walmart Challenges Amazon With Prescription Delivery

Walmart Inc. will start delivering prescriptions to U.S. homes in as little as 30 minutes, a move that’s intended to grab a bigger slice of online spending and compete against Amazon.com Inc.

Jaewon Kang | Bloomberg News
October 22, 2024
Business, Technology, Logistics, For-Hire, Private, Global Freight

Consumers Switch to Slower Shipping, Squeezing UPS, FedEx

More people are switching to slower delivery options to save money, and profits at FedEx Corp. and UPS Inc. are getting squeezed.

Cailley LaPara | Bloomberg News
October 17, 2024
Business, Technology, Logistics, Private, Global Freight

Amazon, Google Make Dueling Nuclear Investments

Amazon on Oct. 16 said it was investing in small nuclear reactors, coming just two days after a similar announcement by Google, as both tech giants seek new sources of carbon-free electricity.

October 16, 2024
Business, Technology, Logistics, Private, Global Freight

Amazon Unveils AI Tool to Help Drivers Find Packages Faster

Amazon.com Inc. unveiled a new artificial intelligence tool designed to help drivers locate packages in cluttered vans.

Spencer Soper | Bloomberg News
October 9, 2024
Business, Logistics, Global Freight

Maersk, Hapag-Lloyd Expect Red Sea to Be Unsafe Into 2025

A.P. Moller Maersk and Hapag-Lloyd plan to begin their partnership sailing south of Africa, indicating they expect the Red Sea to remain unsafe well into 2025.

Christian Wienberg | Bloomberg News
October 9, 2024