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DSV and Panalpina set to merge
Copenhagen, Denmark —Danish logistics firm DSV has agreed to acquire Swiss rival Panalpina for $4.6 billion, creating one of the world’s largest cargo-handling and logistics companies. The board of directors of Panalpina recommended shareholders accept the mostly stock offer worth…
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Cargo sustainability in North America’s second great railway boom to be debated
Toronto, ON — North America’s transforming cargo infrastructure, from the second great railway boom to strong growth in inland waterway transport, will go under the limelight at the inaugural Multimodal Americas show this fall in Toronto, Canada. Experts from leading…
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Global logistics execs: Brexit won’t harm emerging markets
Baar, Switzerland —The UK’s departure from the European Union is unlikely to damage emerging markets economies and could even help by providing them with wider market access, according to a new survey of more than 500 global logistics industry executives.…
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Kuehne + Nagel to disclose CO2 emissions on sea freight invoices
Schindellegi, Switzerland, — Kuehne + Nagel has expanded its sustainability offering for global sea freight services: As of May 2017, the total amount of CO2 emissions generated by sea freight shipments is printed on each invoice assisting shippers to identify…
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How to cut carbon emissions as e-commerce soars
Consumers love to shop online, but it is taking a toll on the environment. Customers want products delivered rapidly and that means a sharp rise in home deliveries and individual packages—and higher carbon emissions. A few sustainability leaders are developing…
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Spatial Economics: The Declining Cost of Distance
For centuries, the cost of distance has determined where businesses produce and sell, where employers locate jobs and where families choose to live. What if this cost fell dramatically? A new report from Bain and Company reveals how spatial economics…
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OEC Group Canada acquires Ryder CRSA Logistics
MONTREAL, Que.–Overseas Express Consolidators Canada Inc. (OEC Group) announced that it has acquired Ryder CRSA Logistics in Canada and its affiliated interests in Hong Kong and Shanghai. The purchase reflects OEC Group’s corporate growth strategy and continued commitment to providing…
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Infographic sheds light on logistics of Santa’s sleigh
Ever wondered how big Santa’s sleigh would need to be to carry a gift for every child across the globe (number of TEUs)? And how much milk and cookies would Santa ingest during his Christmas run? The answer to both…
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200 years of logistics for DHL Global Forwarding, Freight
TORONTO, Ont.–DHL Global Forwarding, Freight, the air, ocean and road freight specialist of Deutsche Post DHL Group, celebrates its 200th anniversary this year. Back in 1815, the history of yellow-branded logistics started with Louis Danzas establishing “Danzas”, which would become…
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Cummins launches Singapore global logistics hub
SINGAPORE, Mal.–Cummins Inc. has opened its Global Logistics Hub in Singapore, one of the company’s eight master distribution centers for parts and filters globally. The Singapore Global Logistics Hub is part of Cummins efforts to enhance its aftermarket product delivery…
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CEVA opens new industrial spare parts distribution center
CULEMBORG, Neth.– CEVA Logistics has announced the opening of a global distribution center for industrial spare parts, consisting of warehousing space of 12,000 sq m and a yard of 10,000 sq m in Born, the Netherlands. The new center features…
