MSC Mediterranean Shipping Co. agreed to buy the African transport and logistics business of Bollore SA for 5.7 billion euros ($6.3 billion) including debt.
April 6, 2022Logistics 50 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Refrigerated Firms
No rankings are available for this year.
Extras
On the Bubble
MSC Buys Bollore’s African Logistics Unit
FedEx Logistics Opens Global Headquarters in Memphis
FedEx Logistics Inc. opened its new global headquarters in Memphis, Tenn., on April 5.
J.B. Hunt Launches Clean Transport Program
J.B. Hunt Transport Services Inc. launched a program April 4 to help customers offset the carbon footprint of their supply chain.
April 4, 2022Panama Canal Proposes Toll Revamp
The Panama Canal Authority proposed a comprehensive restructuring of its toll system April 1 that would increase rates charged on cargo such as vehicles, oil and gas, and soybeans that cross the waterway as ocean shippers rake in record profits.
Port Leaders Say They're Ready to Spend Infrastructure Funds
With the largest infusion of direct federal infrastructure spending set to begin, port leaders from around the country say they’re ready to begin rebuilding and upgrading their facilities to keep up with a record number of cargo containers moving through ports.
Rising Fuel Costs Slow Spot Rate Descent
The rise in fuel prices is slowing a decline in spot rates while also potentially suppressing base revenue for some carriers, experts said.
DeJoy Says He’s Been Cleared in Federal Probe
WASHINGTON — Postmaster General Louis DeJoy said March 31 that the Justice Department has closed without criminal charges an investigation into political fundraising activity at his former business.
March 31, 2022Trucking Companies Bet on Intermodal Growth
J.B. Hunt, Knight-Swift and Schneider are among the motor carriers expanding their intermodal operations for new avenues for growth.
GrubHub, Uber Fail to Get Price-Fixing Suit Dismissed
GrubHub Inc., Postmates Inc. and Uber Technologies Inc. must face a lawsuit alleging their delivery fees result in higher prices even for New York diners not using those apps.
FedEx Partners With Elroy Air to Test Pilotless Package Drone
FedEx Corp. is partnering with Elroy Air, a startup that makes a large cargo drone, to test moving packages by air with no pilot on board.