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DHL’s new Argentina cargo flights from Miami are part of the company’s overall shipping expansion in the Americas and more than $360 million in investments between 2020 and 2022.
The Forwarding division carries goods by rail, road, air and sea under the DHL brand and includes the DHL Freight operation which runs a ground-based freight network covering Europe, Russia and traffic into the Middle East. In 2016, this division's revenue declined by 7.7 percent to €13.7 billion, but earnings before interest and taxes (EBIT ...
In 2022, Flexport "raised $935 million in a Series E funding round that values the freight forwarding company at $8 billion". It has raised $2.3 billion since its inception. [12] In June 2022, Flexport announced that Amazon worldwide consumer chief Dave Clark would be joining Flexport as its new CEO. [13]
MIQ Logistics was a third party logistics company headquartered in Overland Park, Kansas, United States.MIQ Logistics operated in global freight forwarding, customs brokerage, supply chain management, project logistics, origin consolidation, global trade management, warehouse management, and global business intelligence, with offices in North America, Asia, Europe, Africa, Australia, New ...
2013 Acquired New Orleans–based MBLX to expand international freight forwarding in the U.S. [35] 2013 Signed a purchase agreement to acquire the assets of Advantex Express Inc. as well as the shares of its two U.S. entities, Advantex Express, Inc. and Andina Group International, Inc. [36] 2013 Steven C. Preston appointed as CEO [37]
XPO provides dedicated truckload, LTL, truck brokerage, managed transportation, last mile and freight forwarding in Europe. [42] The company also manages multimodal solutions, such as road-rail and road-short sea combinations. [43] 1,000 new drivers were hired in the U.K. and Ireland in 2022. [44] [45]
In a 50/50 joint venture with Lufthansa Cargo, DHL Express co-founded a new cargo airline, AeroLogic, in 2007, based at Leipzig/Halle Airport. The carrier operated up to 11 Boeing 777F planes by 2012. [17] In December 2007, DHL became the first carrier to transport cargo via wind-powered ships, flying MS Beluga Skysails kites.
Expeditors maintains a compensation structure that is unique to the logistics industry. According to their 2003 annual report, [8] "Each of the Company's branches are independent profit centers and the primary compensation for the branch management group comes in the form of incentive-based compensation calculated directly from the operating income of that branch.
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