CNBC reports:
Key points
– Amazon fell short of analysts’ estimates for revenue in its second-quarter results.
– It also gave weaker-than-expected outlook for third quarter revenue, which Amazon CFO Brian Olsavsky blamed on tough year-over-year comparisons to its business …
29 July
Virgin Atlantic Cargo has extended its contract with air cargo terminal operator Hactl for a further five years. The extension demonstrates the continued success and commitment of the two partners, continuing their long serving partnership which is loved …
Criticism is mounting over a lack of information following the disruption to Belgium’s rail network by the severe flash floods that hit Northern Europe a fortnight ago.
One source told The Loadstar that, as calls for an official investigation into …
Booming China-Europe rail freight has expanded to Vietnam, but high demand and bad weather means lengthy delays.
Due to overstretched deepsea container trades, demand has been growing in South-east Asia for transport connections to Chinese rail hubs, via sea or …
Freight forwarders serve shippers much better than shipping lines – and large forwarders are best of all, claimed DSV Panalpina in its earnings call today.
Announcing second-quarter revenues of Dkr37.83bn ($6.04bn), up 31.4%, to make a profit after tax of …
With every passing day that the severe congestion continues to grip container supply chains, box leasing companies are making hay while the sun shines and the recent $2.9bn offer from Mitsubishi to buy US firm CAI International is looking like …
In his prepared remarks, CEO Jens Bjørn Andersen said:
“We are proud to report strong results for the first six months of 2021, where we deliver an EBIT result equivalent to our full-year EBIT of 2019.
“This is a clear …
