BERLIN — Germany’s main national railway operator, Deutsche Bahn, on Tuesday launched an effort to sell its logistics unit, DB Schenker, as the company seeks to concentrate on its core business at home. Schenker has about 76,600 employees in more than 130 countries and for years generated high profits, helping […]
Logistics
Korea’s energy and telecom conglomerate SK Group SK Energy Co., a unit of South Korean oil refiner and battery maker SK Innovation Co., is spinning off its crude oil storage and shipment business to launch an independent oil storage and logistics company. SK Energy, Korea’s largest oil refiner, said on Monday it approved the spin-off plan […]
Corporation Tervin finalized a memorandum with Ukraine Invest to support an investment initiative worth over $500 million with potential expansion to reach $1 billion, Ruslan Shostak, co-owner of the EVA and Varus networks, announced on Facebook on Nov. 10. “We developed this investment initiative based on our own needs and […]
Truck drivers say that they are owed thousands of dollars following the sudden closure of a Michigan trucking company. Grand Rapids-headquartered Sunset Logistics notified workers that they would be shutting down for good starting on September 25. The company closure was reportedly caused by ongoing financial struggles, including slow freight, […]
ERIE, PA (October 10, 2023) – Logistics Plus, Inc., a global leader in transportation, logistics, and supply chain solutions, is pleased to announce the opening of a new U.S. office in Kansas City, Kansas. The “LP Kansas City” office, located at 113 Delaware St., Suite A, in Leavenworth, Kansas, is […]
Equites to spend $7.09 mln capex over next 18 to 36 months Plans to add eight megawatts to energy generation Energy-related products to provide additional revenue JOHANNESBURG, Oct 10 (Reuters) – South African property group Equites (EQUJ.J) plans to increase its solar capacity as part of efforts to diversify its […]
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/tronc/XBLBYJ72TVFVNPW56IYKKGIFVE.jpg "Logistics company plans to lay off 176 workers and close warehouse in Aberdeen")
A global supply chain company that operates in Harford County plans to close a distribution center in Aberdeen and lay off 176 workers. GXO Logistics will shut down its facility on Chelsea Road by the end of September, the Connecticut-based company said in a notice to the Maryland Department of […]
GP Transco’s OpenRoad TMS is poised to be a game-changer for carriers across the nation, allowing them to leverage the experience and expertise of a successful trucking company that understands the unique challenges and opportunities within the industry. JOLIET, Ill., September 7, 2023 (Newswire.com) – GP Transco, an innovative leader […]
About Alpha Augmented Services Founded by experienced international logistics specialists and artificial intelligence experts, Alpha Augmented Services is funded and backed by top-tier investors and founders of global multi-billion dollar transport and logistics companies. The goal of Alpha Augmented Services is to promote economic and ecological improvements in the logistics […]
Quala and Boasso Global, a Tampa-based global provider of services for the tank-trailer and tank-container industry, acquired three tank-cleaning companies from Matrans Holding BV, headquartered in Rotterdam, Netherlands. The terms of the sale were not disclosed in a Wednesday news release. With more than 3,400 employees worldwide, Quala and Boasso […]
