Deutsche Post DHL reported Q3 ’20 results today.
Key points:
– Continued growth trajectory: Group revenue increases by 4.4% to EUR 16.2 billion; organic revenue growth even stronger at 9.0%
– Operating profit (EBIT) climbs nearly 50% to EUR 1.4 …

Industry experts have expressed “grave concerns” at the UK government’s “unnecessary insistence” on implementation of the new Customs Declaration System (CDS).
Chair of the Association of Freight Software Suppliers Steve Bartlett and director general of the UK Association for International …

Freight delays are expected at Shanghai Pudong Airport after a cargo worker was found to have tested positive for Covid-19.
The airport said today: “Due to the diagnosis of a new Covid-19 patient at the West Terminal of Shanghai Pudong …

With freight rates soaring, ocean carriers are prepared to pay more than double previous daily hire rates for chartered ships to secure tonnage and grab market share.
According to Greek-based containership non-operating owner Danaos Corporation’s CEO, John Coustas, current market …

UK shippers have been hit by a further series of container shipping ad hoc capacity contractions as a number of vessels recently skipped UK port calls or reduced their time at berth.
It’s all due to continuing congestion at the …

Amazon Air has taken off in Europe with two converted 737s, operated by ASL Airlines, with a third expected to join the fleet shortly.
The e-commerce giant launched its European operations from Leipzig/Halle Airport, where it has built a 20,000sq …

CNBC reports:

– Albert Bourla, chairman and CEO of Pfizer, hailed the trial results as a “great day for science and humanity.”
– Pfizer and BioNTech said the case split between vaccinated individuals and those who received a placebo indicated …