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3PL/4PL

Latest news on third and fourth-party logistics service providers

3PL/4PL

DSV profit drops in Q1 2024

April 25, 2024

DSV reported lower earnings in the first quarter of 2024 The performance is “in line with expectations reflecting the normalization of freight markets,”...

UPS consolidated revenues down 5.3% in Q1 2024

April 24, 2024

UPS’s consolidated revenues for the first quarter of 2024 reached $21.7 billion, down 5.3% compared to the same period last year Consolidated operating...

Kuehne+Nagel reports lower earnings in Q1 2024

April 24, 2024

The Kuehne+Nagel Group reported lower earnings in the first quarter of 2024 impacted by negative exchange rate effects Gross profit sank 13% to...

Second Central Luzon Transport & Trade Conference kicks off on May 24

April 23, 2024

The second Central Luzon Transport & Trade Conference kicks off on May 24 at the Hilton Clark Sun Valley Resort This year’s biggest...

PSA BDP opens PH office

April 23, 2024

Global logistics and supply chain solutions provider PSA BDP opened its first office in the Philippines, its 140th location worldwide The office in...

Southeast Asia is top growth market in APAC region — Fedex

April 23, 2024

A FedEx report says Southeast Asia will be the top growth market in the Asia Pacific region in the near term Small and...

83% of supply chains unable to address disruptions within 24 hours

April 17, 2024

83% of supply chains are unable to respond to disruptions within 24 hours, according to a recent global study conducted by IDC The...

Softlink Global launches logistics “hackathon”

April 17, 2024

Softlink Global in collaboration with an engineering college in Maharashtra recently launched LogiTHON, a logistics “hackathon” The hackathon aims to revolutionize the logistics...

Ninja Van PH launches truck space sharing solution

April 12, 2024

Ninja Van Philippines is expanding beyond the e-commerce and last mile delivery services with the launch of a business-to-business inventory transport solution Ninja...