Logistics Industry News
A collection of Logistics latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Xin Hwa gets RM3.44mil logistics job
PETALING JAYA: Xin Hwa Holdings Bhd 's wholly owned subsidiary, Xin Hwa Trading & Transport Sdn Bhd, has secured a transportation service order worth about RM3.44mil from Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE). In a filing with Bursa…
Peter Gunn, truckie turned billionaire logistics titan, dies at 83
Peter Gunn, the Victorian truck driver who became a logistics industry pioneer after founding road transport business Cubico, has died aged 83. The Gunn family confirmed his death in Melbourne on February 26. Hannah Tattersall is the acting editor…
NTG Nordic Transport Group A/S - Update on medium-term ambition
Company announcement no. 1 – 26 NTG Nordic Transport Group A/S – Update on medium-term ambition In 2022, NTG introduced a medium‑term ambition to achieve adjusted EBIT of DKK 1,000 million by the end of 2027. This ambition…
Springcoast leads $180m investment in commerce and logistics firm Cart.com
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GXO Logistics (NYSE:GXO) Downgraded to 'Neutral' Rating by The Goldman Sachs Group
GXO Logistics (NYSE:GXO - Get Free Report) was downgraded by The Goldman Sachs Group from a 'buy' rating to a 'neutral' rating in a research report issued on Wednesday, MarketBeat Ratings reports. They currently have a $68.00 price objective on the…
Energy Markets Roiled By Iranian Conflict
The U.S.-Iran conflict has injected persistent logistics and geopolitical risk into global crude oil markets, with shipping disruptions and insurance costs tightening deliverable supply. Short-term oil price volatility is likely, driven by…
Prediction Markets Are Eroding Our Civic Soul
The odds are 100 percent that the further infiltration of prediction markets into the public square and political decisions is going to make our lives worse. Recently announced partnerships—Polymarket with Substack and X, and Kalshi with CNN…
Glass deposit scheme 'risks £300m fraud', industry warns
Plans to include glass in Wales's deposit return scheme (DRS) could drive up prices for consumers, according to a joint letter to the first minister from hospitality, retail and drinks bosses. The letter said the move to include glass in Wales…
Glass deposit scheme 'risks £300m fraud', industry warns
Huw ThomasWales business correspondent Plans to include glass in Wales's deposit return scheme (DRS) could drive up prices for consumers, according to a joint letter to the first minister from hospitality, retail and drinks bosses. The letter said…
Uncertainties cloud Middle East markets for Korean beauty, foods
Iran's closure of the Strait of Hormuz has created a barrier for Korea's major beauty and food firms exporting to the Middle East and other regions accessible through the key maritime shipping channel. With the region emerging as a rising global…
Two suspects named after protest at Wythenshawe industrial estate
Two men are to appear in court following a protest at an industrial estate in Wythenshawe. Police shut off Greeba Road on the Roundthorn Industrial Estate yesterday morning (Tuesday). Two protesters were pictured sat on top of a lorry that had red…
Cruise passengers stranded in Gulf because of Iran are 'panicking
Thousands of cruise ship passengers trapped in ports in the Gulf are reportedly panicking and losing patience as the Iran war rages on. The passengers and crews are unable to leave the ships, which have become floating hotels, after escalating…
Investing in AI infrastructure: What it means for the future of tech
Amritesh Anand, Vice-President and MD – Technology Services Group at In2IT Technologies. Artificial intelligence (AI) has become a central driver of today's digital economy. Behind the impressive breakthroughs in generative AI, natural…
Air freight costs for China shippers may jump 30% as Middle East airspace closes
Air freight costs for China-reliant shippers may rise by up to 30 per cent due to the suspension of Middle East air routes triggered by US and Israeli strikes on Iran, a Hong Kong-based logistics association said. The Hong Kong Association of…
NTG Nordic Transport Group Annual Report for 2025
Company announcement no. 2 – 26 NTG Nordic Transport Group A/S Annual Report for 2025 NTG Nordic Transport Group A/S (“NTG”) has today published the 2025 Annual Report. Selected financial highlights are presented below: Full…
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