XPO Logistics, Inc. has announced its financial results for the fourth quarter 2020. Revenue increased to $4.67 billion, compared with $4.14 billion for the fourth quarter 2019.
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Road and air freight distribution specialist, E-Gistics Ltd, is celebrating a £131,000 cash injection after its new online distribution platform for vendors and independent hauliers earned it a valuable government incentive.
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CEVA Logistics has further expanded its reach in South East Asia with the opening of a new warehouse located in Bien Hoa City, Dong Nai Province in Vietnam. Strategically located to the north east of Ho Chi Minh City, this new facility has a range of convenient connections to the Eastern Economic Zone as well as the city.
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JAS Worldwide, the global freight forwarding services provider headquartered in Atlanta, GA, has signed a Share Purchase Agreement with Geopost, the international parcel division of French group La Poste. JAS will acquire Tigers, a freight forwarding and supply chain management subsidiary of Geopost, once all regulatory approvals have been obtained from the relevant authorities.<
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Xpediator, a provider of freight management services across the UK and Central and Eastern Europe, has announced the Group expects to deliver profits for the year ended 31 December 2020, significantly ahead of market expectations.
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