logistics

FedEx-led group completes $8.9B buyout of Poland’s InPost

A consortium led by FedEx and Advent International completed its tender offer for Polish parcel-locker operator InPost on Friday after securing approximately 89.81% of shares, surpassing the 80% minimum acceptance condition and paving the way for one of Europe's largest…

Drone strikes to cost Russian e-commerce $4.8B, analysts say

Ukraine's months-long drone campaign against Russia's online retail warehouses will strip the country's e-commerce sector of 400 million orders and 400 billion rubles ($4.8 billion) in revenue this year, according to estimates published September 17 by The Moscow Times, citing…

Cosco and OOCL begin Red Sea transits in broadening Suez Canal return

Chinese carriers Cosco Shipping and subsidiary Orient Overseas Container Line (OOCL) began resuming Red Sea transits on Tuesday, joining Ocean Alliance partner CMA CGM in a broadening industry return to the Suez Canal that is reshaping container shipping nearly three…

BYD enters Europe’s electric truck market with 600 km range flagship

BYD unveiled its ETT 44 heavy-duty electric tractor at IAA Transportation 2026 in Hannover on Monday, marking the Chinese automaker's entry into Europe's competitive long-haul truck market with a vehicle that pairs a 651 kWh battery with megawatt-class charging speeds.

DP World grows truck fleet 40% to bypass Strait of Hormuz

DP World, the Dubai-based ports and logistics giant, is expanding its overland freight network with a 40% increase in its truck fleet and new land routes, betting that shipping through the Strait of Hormuz will not return to pre-conflict levels,…

WTO says AI demand is driving global trade growth despite tariffs and war

The World Trade Organization said Wednesday that global merchandise trade continues to grow above trend, with its Goods Trade Barometer climbing to 102.0 from 101.7 earlier this year, driven largely by surging demand for electronic components tied to artificial intelligence…

EU’s €3 parcel fee raises €224M as Chinese shipments plunge

The European Union's €3 customs duty on low-value parcels has generated roughly €224 million at Belgium's main e-commerce gateway during its first seven weeks of operation, while driving a sharp decline in Chinese shipments into the bloc, according to Bloomberg…

Gulf states pour billions into ports and pipelines to bypass blocked Strait of Hormuz

Six months after the US-Iran conflict effectively shut down the Strait of Hormuz, Persian Gulf states are committing billions of dollars to alternative infrastructure — pipelines, ports, and railways — as the region confronts what some now view as a…

EU’s €3 parcel duty cuts Chinese imports by up to 40%, France says

The European Union's €3 flat customs duty on low-value e-commerce parcels has already produced a sharp decline in shipments from China, with imports falling 30% to 40% since the measure took effect on July 1, 2026, according to French customs…

Logistics billionaire Klaus-Michael Kuehne dies at 89

Klaus-Michael Kuehne, the controlling shareholder of Swiss logistics giant Kuehne + Nagel and one of Germany's wealthiest investors, died on Monday at the age of 89, the company announced.

Panama Canal caps daily ship transits as El Niño drought worsens

The Panama Canal Authority announced on Thursday that it will cap the number of vessels permitted to transit the waterway each day beginning in September, as rainfall deficits linked to the El Niño climate phenomenon continue to deplete the artificial…

CMA CGM adds emergency surcharge as Rhine hits record lows

French container shipping giant CMA CGM announced on Friday it will impose an "inland emergency fee" on shipments routed through major European ports, as record-low water levels on the Rhine and other rivers continue to cripple barge operations across the…

Mexico pushes $4B ‘dry canal’ as Panama Canal faces new El Niño strain

As global shipping costs climb under pressure from armed conflicts and climate disruption, Mexico is actively courting carriers with its Interoceanic Corridor of the Isthmus of Tehuantepec — a rail-based "dry canal" that officials say can move freight between oceans…

Global freight rates hit records as wars and drought choke trade routes

Freight rates on several of the world's most critical trade routes have surged to record levels, driven by a convergence of military conflicts across multiple waterways and drought conditions that are choking inland shipping lanes, according to a Financial Times…

EU’s €3 parcel fee reshapes cargo flows at Liege Airport

The European Union's €3 customs duty on low-value shipments has "profoundly altered the structure of imports" at Belgium's Liege Airport, with the facility reporting an immediate reorganisation of e-commerce cargo flows since the charge took effect on July 1, according…

Maersk doubles quarterly profit, raises outlook for second time this year

Maersk A.P. Møller - Mærsk A/S on Thursday reported second-quarter earnings that far exceeded expectations and raised its full-year guidance for the second time in 2026, as port congestion, strong Chinese exports, and disruptions from the Middle East conflict combined…

Danube crisis squeezes Black Sea grain exports

Record-low water levels on the Danube River are disrupting energy supplies and squeezing grain exports across Central and Eastern Europe, as successive heat waves and months of drought push the continent's second-longest river to historic lows.

Ukraine scrambles to reroute grain as Russian strikes shut Black Sea ports

Ukraine is scrambling to reroute its grain exports through rail, road, and river corridors after Russian attacks effectively shut down the country's Black Sea ports during peak harvest season, with the agriculture minister warning that alternative channels will take weeks…

Wildberries bans smartphones at warehouses after Ukraine drone strikes

Russia's largest online retailer, Wildberries, has banned employees from bringing smartphones into its warehouse facilities starting Monday, August 3, after workers repeatedly filmed Ukrainian drone strikes and air raid alerts at company sites.

Wildberries offers loans, not payouts, to sellers hit by Ukraine drone strikes

Ukrainian drones struck two major logistics centers operated by Wildberries, Russia's largest online marketplace, on Saturday, July 18, killing eight people and injuring more than 70 others in one of the costliest attacks on Russian commercial infrastructure since the start…

AI chip demand drives Asian airlines’ cargo revenue to three-year highs

Asian airlines are riding a wave of artificial intelligence-driven cargo demand, with carriers across the region reporting their strongest freight revenue in more than three years as the global race to build out AI infrastructure accelerates.

NOAA puts super El Niño odds at 81% as Panama Canal tightens draft limits

Insurance and risk management firm TT Club has called on global supply chain operators to urgently review their resilience strategies as forecasts point to a developing "super" El Niño that could deliver simultaneous disruption to ports, energy systems, commodity markets,…

DJI completes three drone missions on Mount Everest

DJI announced on July 8 the successful completion of three drone missions on Mount Everest during the spring 2026 climbing season, marking advances in aerial delivery, terrain mapping, and atmospheric research on the world's highest peak.

Prologis goes public with case for £12.6B Segro deal

Prologis escalated its pursuit of UK warehouse giant Segro on Wednesday, publishing a new investor presentation urging shareholders to pressure the Segro board into formal negotiations over a £12.6 billion all-stock takeover proposal.

CMA CGM nears $1.4B deal for FedEx logistics unit

French container shipping giant CMA CGM is in advanced talks to acquire FedEx's third-party logistics business for approximately $1.4 billion in cash, according to the Financial Times. A deal could be finalized as soon as Wednesday, the report said.

CMA CGM, Asyad sign $400M Sohar port terminal deal

French shipping giant CMA CGM and Oman's Asyad Group signed a $400 million framework agreement to develop, manage, and operate a multipurpose logistics terminal at Sohar port, the companies announced on Saturday. The deal was signed during Sultan Haitham bin…

Maersk nearly doubles 2026 profit forecast on surging container demand

A.P. Moller-Maersk A.P. Møller - Mærsk A/S upgraded its full-year 2026 financial guidance on Monday, citing strong container market demand that has outpaced earlier expectations. The Copenhagen-based shipping giant now expects underlying EBITDA of $8 billion to $10 billion, up…

Hormuz shipping to stay below half prewar levels for months, NYK CEO warns

The International Maritime Organization estimated that approximately 80 naval mines remain scattered across the Strait of Hormuz's historic central shipping lanes, underscoring the scale of the challenge facing efforts to restore normal maritime traffic through the world's most important energy…

Panama Canal revenue to beat forecast amid Hormuz crisis

The Panama Canal expects fiscal 2026 revenue to exceed its initial $5.2 billion forecast after the closure of the Strait of Hormuz rerouted global shipping traffic through the waterway, incoming canal chief Ilya Espino de Marotta said in an interview…

BMW deploys Figure 03 robots as Figure AI’s fleet surpasses its human workforce

Humanoid robotics startup Figure AI has crossed a threshold that until recently belonged to science fiction: the company now has more robots than people on its payroll. Founder and CEO Brett Adcock announced on X this week that roughly 740…