XPO Logistics had such a good Q1 that during the obligatory conference call with analysts on Tuesday, management very nearly ran out of superlatives.
Nearly.
Top-billing went to some big new customer news at the contract logistics division, GXO Logistics, …
Maersk has recorded the best quarter in its history, reporting a net profit of $2.7bn for the first three months of the year, compared with $209m for Q1 20.
The Danish transport and logistics group attributed “around $2bn” of the …
Aircraft are much fuller than they used to be – that’s the main takeaway from the most recent air cargo industry data.
This has revealed higher demand in April after a dip in March and, alongside the drop in capacity, …
Japanese carrier ONE has followed the decision by a string of airlines to ban the shipment of Vivo Y20 mobile phones.
Following a fire, which started in a shipment of Vivo mobile phones at Hong Kong Airport last month, a …
Rail-focused forwarders continue to benefit from the recent Suez Canal chaos: the higher demand making new services and routes possible.
Hong Kong based U-Freight said demand was up for both LCL and FCL cargo, as the Ever Given fallout makes …
Deutsche Post-DHL today reported record quarterly financial results, as all its divisions saw rising volumes, revenues and profits.
Group revenue grew 22% to €18.9bn ($22.7bn), while ebit more than tripled to €1.9bn, as its divisions “benefited from the continued strong …
Logistics company switches to solar power at four locations in Germany and Austria / Amount of electricity generated annually: around 1,540 megawatt hours / Important step towards climate neutrality
Nuremberg / Esslingen / Aldingen / Lauterach, May 3, 2021. The …
