Reuters - German mail and logistics group Deutsche Post posted a 19 percent drop in second-quarter operating profit as it suffered further losses at its DHL Express unit in the United States and integrated its Exel buy.

Hector Duarte Jr. - AHN Staff Reporter Miami, FL (AHN) – Prosecutors arrest the chief executive of Hyundai Motor’s logistics subsidiary, Glovis. He was taken in on corruption charges. It is suspected that Lee Ju-eun embezzled 7 billion won (US$6.73 million) in company money and...

Reuters - Apparel retailer Gap Inc. said on Friday that its chief supply chain officer, Nick Cullen, will leave the company, effective March 10.