China COSCO Shipping on Monday officially launched the consolidated COSCO Shipping Energy Transportation Co., creating one of the world’s largest tanker fleets. China COSCO says the new fleet comprises of 105 vessels representing a total capacity of a little over 17 million DWT. The company is also investing heavily in…
June 04, 2016: Kuehne + Nagel quickly appointed Yngve Ruud for the business unit Airfreight Logistics after Tim Scharwath communicated that he would leave the company for DHL. He joins his new role from October 1, 2016. Dr. Joerg Wolle, chairman of the board of directors of Kuehne + Nagel…
Volvo Trucks, a separate entity to Volvo Cars, has rolled out a truck concept that could lead to much lower costs for the delivery of goods. The Swedish firm’s concept is said to use 30 percent less fuel than a comparable truck currently in operation thanks to its aerodynamic design…
GREENWICH, Conn. – June 3, 2016 – XPO Logistics, Inc. (XPO) (“XPO”) today announced that it has appointed Meghan Henson to the position of chief human resources officer. Effective immediately, Ms. Henson will lead the company`s global human resources organization. Ms. Henson has 15 years of senior experience leading domestic…
Wal-Mart is testing drones inside its distribution and fulfillment centers, believing the technology could be rolled out in six to nine months as a way to check inventory more efficiently to keep up with customer demands, according to Arkansas Online. The retailer provided a peek of its use of the…
