United Parcel Service (NYSE:UPS) announced on Tuesday that it struck a deal to acquire Frigo-Trans and sister company BPL for an undisclosed amount. The businesses were described as industry-leading, ...

FRANKFURT, July 12 (Reuters) - German digital freight forwarder sennder is renewing its joint venture (JV) with Poste Italiane (PST.MI), opens new tab with the aim of generating 2.3 billion euros ...

A cyberattack on two German oil suppliers has forced energy giant Shell to reroute oil supplies to other depots, according to Reuters and the Handelsblatt newspaper. Handelsblatt was the first to ...

Berlin, Weiterstadt, Cologne/Bonn, March 30, 2022 — German logistics and aviation holding Zeitfracht Group and its subsidiary German Airways will be among the first companies worldwide to commercially ...

Ben Ames has spent 30 years as a journalist since starting out as a reporter for daily newspapers in Pennsylvania and Massachusetts. He has focused on business and technology reporting since 1999 for ...

STOCKHOLM--EQT agreed to acquire four logistics properties in Germany from commercial property company VIB Vermoegen. The warehouses, located across Munich, Nuremberg, and Frankfurt, will be acquired ...

DUSSELDORF, Germany (Reuters) -DHL said on Monday it will acquire U.S. pharmaceutical logistics firm Cryopdp as part of the German company's efforts to grow its operations in the pharma sector, ...

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DB Schenker, the logistics arm of German railroad operator Deutsche Bahn AG, later this month will report more than one billion euros in operating profit, according to a person familiar with the ...

Main Capital Partners has acquired a majority stake in Eikona, a German provider of modular logistics software. Eikona was previously owned by the pan-European logistics group Schäflein and its ...