This week in Borderlands Mexico: US takes 76% of vehicle exports as September shipments plunge; DSV expands US-Mexico freight operations with new McAllen office; and Texas university seeks $772,700 for AI-powered Laredo freight project.
Logistics powerhouse DSV has launched its third direct air charter service to Chicago-Rockford airport, taking advantage of its proximity to the big city while avoiding delays at crowded O’Hare airport.
Three major freight forwarding companies — Ceva, DSV and Kuehne+Nagel — have recently entered transport agreements with large cargo airlines to operate dedicated international flights to Chicago for customers.
Companies tied to transportation, warehousing, manufacturing and food logistics announced more than 5,000 layoffs stretching from California to Pennsylvania.
Volvo Autonomous Solutions and DSV have started autonomous freight operations between Dallas and Houston. Volvo Autonomous Solutions, or VAS, is deploying its Autona/freight solution for DSV. The Autona/freight platform combines the Volvo VNL Autonomous truck with self-driving technology from partners Aurora and Waabi. The operations run between Aurora’s terminals in Dallas and Houston and integrate […]
DSV is shutting down operations at a Texas distribution center after losing a contract, with 391 workers affected.
This week in Borderlands Mexico : DSV plans $14.5M Arizona regional HQ amid cross-border boom; Realty Income enters Mexican industrial real estate market through GIC partnership; and EOS expands Texas manufacturing and logistics footprint with $3M investment.
Arkansas-based truckload carrier, USA Truck, has been acquired by a group of current and former leaders.
Maersk has promoted its Asia Pacific chief and former Schenker executive to lead its North America business.
This week in Borderlands Mexico: Tariffs forcing nearshoring, regional sourcing, experts say; Kuehne+Nagel boosts cross-border capacity in El Paso; and Motherson invests $50M in Mexico plant to supply Audi.
DSV announced it will sell USA Truck, an Arkansas-based truckload carrier, as it does not align with the Danish freight forwarder’s asset-light business model.
Atlas Air will provide outsourced transportation with a 777 freighter aircraft to Etihad Airways and DSV.
This week in Borderlands Mexico: Latin America poised for global trade growth, experts say; DSV begins construction of logistics hub in Texas; and COIM USA acquires acreage at TexAmericas Center.
DSV on Tuesday said it had fulfilled the final closing conditions for its acquisition of German logistics provider Schenker.
Despite a first-half lull in domestic network demand for logistics services, the world’s largest forwarder saw overall volume growth in the third quarter.
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Switzerland-based DSV added to its stable of logistics providers, buying Schenker from the debt-laden German national railway.
German railway Deutsche Bahn is selling its Schenker logistics unit to DSV of Denmark in a deal that will create the world’s largest forwarder.
Schenker has been sold, but not to the U.S. private equity group vying for control of the German logistics provider. Transport provider DSV of Denmark has emerged as the winning bidder, Reuters reported, in a deal worth 14 billion euros ($15.43 billion). A consortium of private investors led by CVC Capital Partners of New York […]
A New York-based venture capital firm and European transport specialist are vying to acquire Schenker, the logistics unit of German national railway Deutsche Bahn, which could shake up the market for logistics services in the U.S.
