More news from Company News

Expansion

Uber Freight to expand its 4PL business in Europe

The Company announced investments in its operational structures and a second European site. Uber Freight is also strengthening its leadership: Mike Doucleff is set to take charge of the European business.
Acquisition

Will MSC take over German shipbuilder Meyer Werft?

In 2024, the German government and the state of Lower Saxony saved the shipyard from bankruptcy with 400 million euros in liquidities and credit facilities totalling 2.6 billion euros. MSC aquiring the company would would continue the vertical…
Company News

Kühne + Nagel and Amazon agree on a strategic partnership

The focus is on logistics services for the Amazon Web Services infrastructure. The partnership includes an option to purchase existing KN shares.
Restructuring

DB Cargo turnaround yet to take effect

The DB Group's freight division will not turn a profit by the end of the year, the company's Executive Board has admitted. Cargo chief Bernhard Osburg now plans to extend the turnaround strategy to the group's foreign subsidiaries as well.
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