Danish shipping and oil group AP Moller-Maersk reported a third-quarter net loss of $1.5 billion, the firm said Nov. 7, citing write-downs in its drilling division and costs from a cyberattack.
November 8, 2017Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Ocean Freight Forwarders
No rankings are available for this year.
Extras
AP Moller-Maersk Reports $1.5 Billion Loss in Third Quarter
FedEx, Walgreens Say Pickup/Drop Off Service Expanded to More Than 7,500 Walgreens
FedEx is in more than 92% of U.S. Walgreens stores, 10 months after the companies announced a push to expand consumer access to package pickup and drop off services.
UPS to Open Distribution Center in Colorado by Christmas
UPS Inc. signed a 10-year lease to open its first distribution center in Aurora, Colo., a 360,000-square-foot building due to open before Christmas.
November 6, 2017How Many Warehouse Robots Does It Take to Fill a Grocery Order?
The U.K.’s biggest online grocer hit a milestone this year: Ocado Group put together an order of 50 items, including produce, meat and dairy, in five minutes.
CVS to Offer Nationwide Next-Day Delivery in Preemptive Shot at Amazon
CVS Health plans to begin offering next-day delivery of prescriptions and retail merchandise from its nationwide network of more than 9,700 stores, marking a potentially preemptive strike at Amazon as the online giant weighs entry into the pharmacy business.
GlobalTranz Joins Blockchain in Trucking Alliance
GlobalTranz Enterprises Inc. has joined the Blockchain in Trucking Alliance, a group of industry executives and companies dedicated to developing and promoting blockchain technology standards in the logistics and trucking industry.
November 6, 2017Capitol Agenda for the Week of Nov. 6: Tax Reform Cometh
The leader of a group representing a large portion of the trucking industry is urging lawmakers to advance a tax reform bill the Republican-led tax-writing House Ways and Means committee will consider for most of this week.
FMCSA Grant is Helping Iowa Veterans Train for Trucking
With driver shortages across the country, training to become a trucker can be a good bet for employment.
Opinion: Emerging Evolution of Freight Brokerage
Freight and logistics always have depended on the human touch, but technology is getting smarter and many brokers wonder if their efforts will become unnecessary.
Oil and Gas Companies Search for Truckers in Pennsylvania
After 42 years with the same employer, Kevin Spath of West Deer, Pa., is facing the prospect of losing his job.