PRESS RELEASE
22 January 2020
In a highly competitive logistics market Scan Global Logistics completed a very successful investment tour at the end of 2019.
The positive outcome of that tour is already showing the first effects with the strategic …

“We recognise that our revenue and earnings will be below prior-year results and analyst consensus estimates. However, we do not believe this to be a business model/performance issue and instead believe it ties more closely to the business environment in …

The press has done a pretty good job recently nailing down all the latest relevant facts concerning the annual performance of JB Hunt and its operating units following the release of the Lowell-based group’s unaudited financials last week.
“They tread …

A Lufthansa employee, working on behalf of payment company Cargosprint, stole technical information, including algorithms, from the carrier’s technology partner, Turret Labs, a lawsuit claims.
The allegation, filed in a US court last month by Turret Labs, claims Cargosprint used …

THE Alliance yesterday published its 2020-21 network, which will launch on 1 April.
And despite the incorporation of HMM and its newbuild ULCVs, THE Alliance (THEA) will still lag behind its 2M and Ocean alliance rivals in terms of the …

XPO Logistics appears to have taken the value bull by the horns with its announcement of a big asset shake-up.
Management has long felt the company is undervalued, but the news of potential spin-offs and auctions is still surprising*, given …

“In an interview with German newspaper FAZ, K+N’s majority owner Mr Kuehne mentioned that he favours a balanced dividend payout policy so that K+N can build up reserves.” – UBS, 21 January. 
Just a quick take on Kuehne + Nagel …