Kuehne + Nagel reveals acquisition price of Apex International

Logistics company Kuehne + Nagel will pay more than CHF 1 billion for the acquisition of Apex International, reveals the company's annual report, in which Kuehne + Nagel reports of a strong second half-year. Overall, Kuehne + Nagel saw a drop in container volumes in 2020.

Habben Jansen now says container boom could continue into third quarter

Hapag-Lloyd CEO Rolf Habben Jansen now believes that the red-hot container market could stretch all the way into the third quarter. The problems resulting from this make the German container line and Maersk adjust their strategies in an effort to avoid equipment shortages going forward.

DHL will pay extra green bill for customers' LCL general cargo

In a rather unusual move in the logistics sector, DHL Global Forwarding says it is prepared to pay an extra green bill when customers transport general cargo at sea. The logistics company describes it as a game changer when speaking to ShippingWatch.

Long-term container contracts increase by upwards of 75 percent

The long-term container contracts currently being negotiated will be unusually expensive for the customers this year. Scan Global notes increases in the range of 50 to 75 percent, the logistics operator tells ShippingWatch. Others point to a doubling of price levels.

DSV wants to enable customers to pick greener routes

DSV Panalpina is working on an improved digital platform that will help enable customers to choose more climate-friendly routes and to pay extra for green fuel. A growing demand has created momentum, says DSV Panalpina chief to ShippingWatch.

DSV Panalpina invests heavily in new 2025 strategy

Digitalization and optimization should help secure DSV Panalpina the ambitious yield announced in its new 2025 plan. DSV plans to achieve its target through large-scale investment, and does not expect it to result in cuts to manpower, CFO Jens Lund tells ShippingWatch.

DSV Panalpina launches ambitious 2025 targets for each division

DSV Panalpina lands an operating profit of USD 1.5 billion for 2020, which was largely characterized by the coronavirus. With the Panalpina acquisition fully integrated, the logistics company also announces a new financial target ahead of 2025, including within sea freight.

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