Germany’s Hapag-Lloyd reported preliminary results that were broadly in line with expectations.
Key highlights:
– Ebitda and Ebit were significantly higher despite the coronavirus pandemic;
– Freight rate improved, although transport volumes slightly below prior-year level;
– Its “Performance Safeguarding …

After the US markets closed today, CH Robinson published results for the quarter ended 31 December, highlighting the following Q4 ’20 key metrics:
– Gross profits increased 10.5 percent to $636.1 million
– Adjusted gross profits(1) increased 10.7 percent to …

Danish ferry operator DFDS announced today to have acquired Holland-based HSF Logistics Group, which was defined as”one of Europe’s leading cold chain logistics providers to meat producers and other food producers that operates temperature-controlled supply chains.”
It added: 
– HSF …

Ocean carriers are to cancel several headhaul sailings to North Europe around the Chinese New Year holiday next month.
It is a blow for beleaguered shippers that have managed, at great expense, to secure space on sailings that won’t happen.…

The port of Los Angeles (PoLA) is stepping up its battle against congestion at its container facilities.
With a new financial incentive programme for terminal operators, it is offering a total of $7.5m for faster truck turnaround times and for …

The “madness” of ex-Asia container rates is driving more un-boxing of containerised cargo.
And the resulting bounceback for breakbulk is providing a boon for secondary ports and shortsea shipping, according to chartering specialist Ahlers.
“New opportunities are arising for breakbulk, …

DHL eCommerce Solutions, the specialist in e-commerce related logistics of Deutsche Post DHL Group has launched a new integrated solution for the French e-commerce market. Customers can now benefit from doorstep delivery via Colis Privé – an expansion to the …