The world’s two largest shipping companies went head-to-head today as DSV and Kuhne + Nagel (K+N) reported third-quarter results in a period of deep restructuring, and in an increasingly difficult market. DSV saw its first full quarter impact on Schenker’s business, with ocean freight volumes growing 52% compared to the same period last year, although…
The UN’s flagship event on global logistics and trade resilience is heading to the Middle East. The United Nations Conference on Trade and Development (UNCTAD) announced on Wednesday that the Kingdom of Saudi Arabia will host the second edition of the United Nations Global Supply Chain Forum (GSCF) in November 2026. Read also: How AI…
Avride, the autonomous delivery vehicle technology vendor, today announced $375 million in new funding from two notable backers; Its owners, Dutch artificial intelligence (AI) developer Nebius Group, and Uber Technologies Inc. Avride, based in Austin, Texas, already had a business partnership with Uber, which plans to launch its Avride robotaxi service on the Uber platform…
Growing trade opportunities between South America and sub-Saharan Africa are not receiving enough attention, despite a clear improvement in volumes, according to a DHL executive. Amadou Diallo, CEO of DHL Global Forwarding in the Middle East and Africa, told The Loadstar that… To read this article you need to subscribe. Help us continue investing in…
The fallout from the port fee battle between the US and China continues to ripple through the global shipping sector, as companies scramble to adapt, according to a report by the South China Morning Post. However, despite the drama, industry participants still expect China to maintain its supremacy as a leading shipbuilder – especially if…
Turck Vilant Systems has introduced a smart RFID forklift system that can be installed on almost any type of forklift to facilitate inventory tracking across the warehouse. Regardless of whether users are transporting pallets of goods or a single high-value asset, the intelligent RFID system knows what the forklift is transporting at all times. Turck’s…
Written by Alex Linnane 10/22/2025 Freightos has appointed veteran freight forwarder Michael Schecher to its board of directors, effective this week. Mr. Chesher is well-known in the industry, with a history that includes roles at Panalpina (SVP), DHL Global Forwarding (EVP), Ceva Logistics (COO) and ISS Global Forwarding (CEO). He now runs a consulting company,…
China’s recent expansion of port duties targeting U.S.-bound ships has had a much smaller impact than expected, according to a new report from maritime analyst Linerlytica. Read also: China maintains its dominance in shipbuilding despite dispute over US port duties The policy, which took effect on October 14, expanded port fees to include ships owned…
EUROSTAR announced on October 22 that it will invest €2 billion to order up to 50 Avelia Horizon double-decker high-speed trains from Alstom. Under the framework agreement between Alstom and SNCF Passenger, Eurostar’s parent company, Eurostar has confirmed an order for 30 trains with an option to purchase a further 20 trains. The high-speed operator…
The transshipment business in the Middle East has developed significantly this year, following the reorganization of global shipping alliances, with the three main hubs of Jebel Ali in Dubai, Khalifa Port in Abu Dhabi, and Salalah in Oman, enjoying a boom in shipping. The reversal in fortunes was most pronounced in Salalah, which began to…