CVC Capital Partners is pressing the case for its takeover bid for Deutsche Bahn AG’s logistics arm DB Schenker with a fresh appeal to top officials at the German state-owned transport group.
September 9, 2024Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
CVC Presses Case for Schenker Bid to Deutsche Bahn Officials
Michigan to Allow Hazardous Transport on Ambassador Bridge
The decision, repealing measures in place since 2014, follows a six-month review of input from the public, law enforcement and first responders.
Military’s $17.9 Billion Moving Contract Off to Slow Start
A $17.9 billion contract to move military members and their families finally took effect this summer. So far, however, just 100 or so local moves have been completed by local moving companies.
Drought Shrivels Mississippi River, Threatening Food Exports
Drought across the central U.S. is shrinking the Mississippi River, sending barge rates soaring and threatening to roil shipments of everything from corn to gasoline.
Ollie’s Invests $75M in Illinois Hub to Cut Trucking Miles
A new Ollie’s Bargain Outlet Holdings distribution center in Illinois will save the company 1.2 million trucking miles annually and serve up to 150 stores.
Nevada Logistics Sector Gets Boost From $376K Grant
The Nevada Governor’s Office of Economic Development has approved $376,000 in state funding to build out logistics training at the College of Southern Nevada, a move aimed at bolstering one of the area’s fastest-growing industries.
September 4, 2024Port of Halifax to Create Digital Data Hub
Supply chain improvements for trucking are underway at the Port of Halifax in Nova Scotia in a multimillion-dollar venture to create a data hub and digitize container terminal operations.
World’s Largest Sailing Cargo Ship Crosses the Atlantic
The largest sailing cargo ship in the world has made its maiden voyage across the Atlantic Ocean. Its shipments have a carbon footprint one-tenth that of a standard containership.
Global Goods Trade Recovery Extends Into Q3, WTO Says
Global merchandise trade is recovering from last year’s slump, the World Trade Organization said, as one of its barometers for activity rose further above the longer-term average pace.
US Port Talks Kick Off in Effort to Avoid Strike
The union representing East and Gulf coast dockworkers kicks off a two-day meeting Sept. 4 in New Jersey to discuss wage demands with port employers under the threat of a disruptive strike.