DHL Group plans to cut 8,000 jobs in Germany by 2027 to save over €1 billion. Click here to read why we moved DPSTF stock rating to neutral.

We consider FedEx's balance sheet to be healthy and manageable. Total debt approached $20.2 billion as of fiscal year-end 2024, which ended May, similar to levels posted in fiscal 2023 and fiscal 2022 ...

Several small or midsize airlines that operate freighter aircraft are giving up on cargo flying to focus on ...

Mel said, “I’m calling on all shopping girlies, we’ve been hit!” She told viewers she placed a $300 order to be shipped to ...

Close to a residential complex near the airport of the Lithuanian capital Vilnius, a Boeing 757 crashed at about 5:30 a.m.

E-commerce firm Allegro plans to expand its parcel locker network by 2,500 units in its home market Poland this year, as it ...

(Reuters) - Global trade is forecast to grow, albeit less robustly, as the world reacts to U.S. President Donald Trump's ...

Since the beginning of Russia’s full-scale invasion of Ukraine in February 2022, Russia has attacked the United States and ...

DHL Group's balance sheet is in decent shape, with roughly EUR 3.6 billion in cash at the end of 2024; similar to 2023 levels. Excluding operating leases, which were placed onto the balance sheet in ...

The staff reduction followed a new contract agreed upon just two days earlier between the logistics giant and German trade ...

The Geodis announcement comes amid a series of major layoffs across North America, affecting companies tied to the ...

But EREV tech could be a crucial stepping stone for a very different category of truck as well. Truck maker Scania, part of ...