Logistics
CEVA Logistics AG reported on Feb. 27 its results for the fourth quarter and full year ended 31 December 2018.
2018 was a year of structural changes including a major move towards deleveraging:
• Revenue growth of 5.2% in 2018 compared to previous year
• Adjusted EBITDA of US$260 million, including US$54 million of one-time costs
• Net debt down to US$1,192 million as of 31 December, 2018, representing a significant decrease of 43% ...
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DHL Express is continuing a course of strong growth with the opening of its hub at Barajas Adolfo Suarez Airport in Madrid. This expansion of the DHL Express global network will strengthen the position of Madrid as an important hub for international commerce, especially between ...
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DHL Express will be expanding its existing DHL Medical Express (WMX) service between Mexico and the United States. The integrated transportation solution, which DHL launched in Mexico in July 2018, facilitates the delivery of Mexico-based patient samples to U.S. central labs in less than 24 ...
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Easyship’s 40,000+ retail and etail customers are gaining improved access to cross-border eCommerce solutions in Europe, North America, Asia Pacific and Australia through their new global partnership with SEKO Logistics.
Customers looking for fast and cost-efficient global shipping solutions can now book deliveries directly through SEKO ...
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CMA CGM Group has launched its public tender offer for CEVA shares in an effort to become a global leader in transport and logistics. The offer price was set at CHF 30 per share, open from February 12.
The board of CEVA Logistics is fully aligned ...
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Imperial Logistics has appointed Holger Wilhelm to the newly-created post of Executive Vice President - Automotive.
Wilhelm is based in Zurich, reporting to Imperial Logistics International CCO Sandro Knecht. He will be responsible for identifying and exploiting all opportunities to develop the company’s automotive presence both ...
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Delivering on its commitment to continuous improvement and innovation, Seaboard Marine recently announced that it will join the TradeLens solution, a platform developed to promote efficient and secure global trade.
Made possible by blockchain technology, TradeLens intends to enhance the shipping industry through a secure ...
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Twenty-five years ago, Sterling Transportation was founded with a specific mission: Move cargo from Los Angeles to Miami better and faster than anyone else.
Keith Davis, founder and CEO, started Sterling Air Cargo in 1990 with $700, a broken table and a borrowed typewriter. Three ...
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C.R. England, one of the nation’s leaders in transportation solutions, has announced its second multi-million dollar driver pay increase in the last eight months. The pay increase will benefit solos, teams, and trainers in C.R. England’s National, Regional, and Training Divisions and takes effect January ...
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Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, announced that it has signed a definitive agreement to acquire the businesses run by the Management Systems Resources Inc. group of companies operating under the names “Visual Compliance,” “eCustoms” and “MSR” (collectively, “Visual ...
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