DHL Global Forwarding and Hapag-Lloyd partner to further sustainability goals

Network AssociationBehind the WheelFuel TechHigh Tech / High Touch
Written By Jennifer Joslyn

🚢 DHL Global Forwarding and Hapag-Lloyd have agreed to a partnership to further the sustainability goals of both companies.

Hapag-Lloyd is shipping 18k TEU’s and decarbonizing the heavy transport with advanced biofuels such as FAME - a fatty acid methyl ester. The newer fuel tech will lower greenhouse gas emissions by over 80% and further push the companies towards their 2050 and 2045 net-neutrality goals.

Read more from DC Velocity ▶

You also might like...
Hertz's Tesla Bet Is A Cautionary Tale
Hertz's Tesla Bet Is A Cautionary Tale

A few years back, Hertz took a bold step by purchasing 30,000 Teslas, aiming to electrify 20% of its rental fleet.

Peloton Files Federal Complaint Against Flexport Over Unreasonable Charges
Peloton Files Federal Complaint Against Flexport Over Unreasonable Charges

Peloton has lodged a complaint against digital freight forwarder Flexport with the Federal Maritime Commission, alleging that Flexport's practices resulted in millions of dollars in unreasonable demurrage and detention charges.

Costco's Strategic Gaps in Rhode Island, West Virginia, and Wyoming
Costco's Strategic Gaps in Rhode Island, West Virginia, and Wyoming

Costco, the membership-only warehouse chain, has significantly expanded across the U.S., boasting over 600 locations.c

UPS Overcomes First-Quarter Challenges with New USPS Contract
UPS Overcomes First-Quarter Challenges with New USPS Contract

United Parcel Service (UPS) reported a disappointing start to the year with first-quarter earnings revealing a 5.3% drop in revenue and a 31.5% plunge in operating profit compared to last year.

Boeing Compensates Alaska Airlines $160 Million for 737 Max 9 Grounding
Boeing Compensates Alaska Airlines $160 Million for 737 Max 9 Grounding

Boeing recently paid Alaska Airlines a hefty $160 million as compensation for grounding their 737 Max 9 jet.

Nikola's Legal Drama with EMBR Over Trevor Milton's Involvement
Nikola's Legal Drama with EMBR Over Trevor Milton's Involvement

So, Nikola Corp, the electric-vehicle maker, is in a bit of a legal tussle with EMBR.

Navigating Apple's Enduring Partnership with Chinese Suppliers Amid Global Expansion
Navigating Apple's Enduring Partnership with Chinese Suppliers Amid Global Expansion

Apple has deep-rooted ties with Chinese suppliers spanning three decades, making it challenging to sever connections despite diversifying its sources.

Texas Appeals Court Invalidates 1872 Jobs Agreement Between Palestine, TX and Union Pacific
Texas Appeals Court Invalidates 1872 Jobs Agreement Between Palestine, TX and Union Pacific

A recent Texas appeals court decision has declared an 1872 jobs agreement between Palestine, Texas, and Union Pacific to be unenforceable, bringing the railway company closer to its goal of shutting down a rail car shop in the town.

EU Approves CMA CGM's Acquisition of Bolloré Logistics with Conditions to Safeguard Fair Competition
EU Approves CMA CGM's Acquisition of Bolloré Logistics with Conditions to Safeguard Fair Competition

The European Commission gave the green light to CMA CGM's acquisition of Bolloré Logistics SE, with conditions, following an investigation into potential competition issues.

GXO Challenges CMA CGM in Logistics Acquisition Battle
GXO Challenges CMA CGM in Logistics Acquisition Battle

Shares of UK logistics company Wincanton surged as a bidding war unfolded, sparked by a 26% higher offer from US rival GXO.

Alibaba Reveals Chinese Government Stakes in Business Units
Alibaba Reveals Chinese Government Stakes in Business Units

Alibaba Group Holding Ltd. revealed a deeper involvement of Chinese government entities in its various business arms following an inquiry from the US Securities and Exchange Commission.

FedEx's Potential Profit Boost is From Rethinking the Postal Partnership
FedEx's Potential Profit Boost is From Rethinking the Postal Partnership

FedEx might actually benefit from losing its colossal contract with the U.S. Postal Service, according to Brandon Oglenski, an analyst at Barclays Bank.

J.B. Hunt's Strategic Deal with Walmart is a Boost in Intermodal Assets
J.B. Hunt's Strategic Deal with Walmart is a Boost in Intermodal Assets

J.B. Hunt Transport Services has struck a long-term deal with Walmart, snagging their intermodal assets and committing to volume and capacity provisions.

DeliverDirect is Revolutionizing E-Commerce Shipping with Delta Cargo and SmartKargo Partnership
DeliverDirect is Revolutionizing E-Commerce Shipping with Delta Cargo and SmartKargo Partnership

Efficiency in e-commerce shipping is crucial, and Delta Cargo and SmartKargo have joined forces to tackle common pain points for small parcel shippers.

Walmart Acquiring Vizio to Boost Advertising Business
Walmart Acquiring Vizio to Boost Advertising Business

Walmart has announced its acquisition of TV maker Vizio for $2.3 billion in cash, aiming to bolster its profitable advertising business.

Amazon, SpaceX, and Trader Joe's Challenge Constitutionality of Labor Board in Legal Battles
Amazon, SpaceX, and Trader Joe's Challenge Constitutionality of Labor Board in Legal Battles

Amazon, along with SpaceX and Trader Joe's, is challenging the constitutionality of the National Labor Relations Board (NLRB) in legal filings.

Knight-Swift Acquires Terminal Assets from Yellow and Venturing into LTL Sector
Knight-Swift Acquires Terminal Assets from Yellow and Venturing into LTL Sector

Companies have invested nearly $2 billion to acquire terminal assets from Yellow, comprising 128 properties and 25 leases.

Yellow Corp. Asset Acquisition Bid Rekindled
Yellow Corp. Asset Acquisition Bid Rekindled

A bid to acquire the remaining assets of bankrupt Yellow Corp. might be back on track, as a ballot sent to local union heads suggests.

Lessons Can Be Learned from Tesla's Success and Arrival's Demise
Lessons Can Be Learned from Tesla's Success and Arrival's Demise

Starting a new automaker is no easy feat, and it's been a rarity in the last four decades. It's not just about designing a car but also establishing the necessary infrastructure.

Ryder System Expands Dedicated Transportation with Cardinal Logistics Acquisition
Ryder System Expands Dedicated Transportation with Cardinal Logistics Acquisition

Ryder System is expanding its dedicated transportation services through the acquisition of Cardinal Logistics, previously owned by H.I.G. Capital.

ONE, PPIH, and NAX Japan Launch World's First Dual-Temperature CA Refrigerated Container Trial
ONE, PPIH, and NAX Japan Launch World's First Dual-Temperature CA Refrigerated Container Trial

Ocean Network Express (ONE) has partnered with Pan Pacific International Holdings Inc. (PPIH) and NAX Japan to launch the world's first trial of a dual-temperature refrigerated container equipped with Controlled Atmosphere (CA) functions.

Major Truck Manufacturers Join Forces in PACT to Accelerate Electric Truck Infrastructure
Major Truck Manufacturers Join Forces in PACT to Accelerate Electric Truck Infrastructure

Three major medium- and heavy-duty truck manufacturers - Daimler Truck North America (DTNA), Navistar Inc., and Volvo Group North America - have teamed up to create Powering America’s Commercial Transportation (PACT), an initiative aimed at advancing electric truck infrastructure.

Shares Soar as Spirit and JetBlue Appeal Ruling Blocking Merger
Shares Soar as Spirit and JetBlue Appeal Ruling Blocking Merger

Shares of Spirit Airlines surged approximately 10% following the announcement that both Spirit and JetBlue plan to appeal a federal judge's ruling against their merger on antitrust grounds.

Warren Buffets Company Completes Acquisition of Pilot Travel Centers
Warren Buffets Company Completes Acquisition of Pilot Travel Centers

Warren Buffett's Berkshire Hathaway has completed its acquisition of the final 20% stake in Pilot Travel Centers, a major truck-stop operator.

Federal Judge Blocks JetBlue's Acquisition of Spirit Airlines
Federal Judge Blocks JetBlue's Acquisition of Spirit Airlines

A federal judge has put the brakes on JetBlue Airways' acquisition of Spirit Airlines, a deal valued at $3.8 billion, stating that it would negatively impact price-sensitive consumers by removing the discount carrier from the market.

Uber to Close Drizly Alcohol Delivery App
Uber to Close Drizly Alcohol Delivery App

Uber is bidding farewell to its alcohol delivery app, Drizly, which it acquired for a substantial $1.1 billion investment three years ago.

SpaceX Successfully Tests Starlink's Direct-to-Device Text Service via T-Mobile Network
SpaceX Successfully Tests Starlink's Direct-to-Device Text Service via T-Mobile Network

SpaceX achieved a significant milestone by successfully transmitting text messages via its Starlink satellites using T-Mobile's network.

FedEx Expects Significant Business Loss with USPS
FedEx Expects Significant Business Loss with USPS

FedEx is anticipating a significant loss of business with the U.S. Postal Service when its current contract expires.

Lazada Initiates Layoffs Amidst Southeast Asian E-commerce Competition
Lazada Initiates Layoffs Amidst Southeast Asian E-commerce Competition

Lazada, the Southeast Asian e-commerce platform owned by Alibaba, has initiated a new round of layoffs that will be affecting employees across all Southeast Asian markets.

Amazon Slashes Fees to Compete with Shein in Fast-Fashion Market
Amazon Slashes Fees to Compete with Shein in Fast-Fashion Market

Amazon is feeling the pressure from fast-fashion app Shein and has decided to cut referral fees for cheap clothing items in an effort to compete.

Jennifer Joslyn
Previous

June boasted 372k new jobs offered by employers
Next

Supply and demand spurn a Mexican beer shortage