Geodis acquires Pekaes

In anticipation of a strengthening peak shipping season in North America, Levallois (France)-based Geodis has announced plans to hire 3,000 additional staff in its various warehouse and distribution centres.

DFDS, which operates one of the most extensive freight and passenger ferry networks in the North Sea, Baltic Sea and eastern Mediterranean regions, is spending approximately €200M to buy Tarifa (Spain)-based FRS Iberia/ Maroc, a leading operator of ferry services across the Gibraltar Strait. FRS operates seven vessels on three services across the Gibraltar Strait, linking Algeciras and Tanger Med, Algeciras and Ceuta, and Tarifa
and Tanger Ville.

Kuehne+Nagel has acquired Morgan Cargo, expanding its perishables network and connectivity for customers to and from South Africa, UK and Kenya.

ITS (International Transportation & Shipping), based in Reinach (Basel Canton), logged revenues of CHF58M in 2022

Shippers and forwarders organisations are calling for improved standards of data protection and confidentiality in digital trading and booking systems.

The Supervisory Board of Deutsche Bahn AG has mandated the Management Board to draw up and prepare the sale of up to 100% of DB Schenker AG