In a letter to shareholders that explains recent decisions made by the company, FedEx CEO Fred Smith discussed the challenges and changes faced by the business this fiscal year. The letter touches on trade disputes, e-commer...

Advent International, a private equity firm, has purchased a 75% stake in Hermes UK and a 25% stake in Hermes Germany. Hermes' parent company, the Otto Group, has relinquished its majority stake in Hermes UK but will retain ...

The COVID-19 pandemic has emphasised the need for the logistics industry to fast-track AI and other big data projects to help fix supply chain gaps, according to the Wall Street Journal. Travel restrictions, lockdowns and bo...

In response to the devastating explosions in Beirut on August 4th, Lebanon authorities have ordered the house arrest of all port officials involved in the storage of the 2,750 tonnes of volatile ammonium nitrate responsible ...

The UK government recently published some guidance for sending goods to and from the EU from January 2021, when the trading rules will change. Although the UK left the EU at the beginning of 2020, it was agreed that there wo...

United Parcel Service (UPS) has reported a 13.4% year-on-year jump in revenue for its second quarter, reaching $20.5 billion. This means it beat analysts' forecasts of around $17.5 billion. The company reported an average d...