Financial analysts today welcomed Deutsche Post-DHL’s third-quarter results, which showed higher profits, despite worsening trade.
The company posted an extraordinary 151% increase in earnings before interest and tax (ebit) of €942m, compared with €376m in the third quarter of last …

Danish ro-ro and ferry operator DFDS today reported third-quarter results which show the line overcoming the economic challenges across Europe.
DFDS reported a 2% increase in revenue for the quarter, to €600m, while its pre-tax profit was up 3%, to …

One of Australia’s largest agricultural shippers has lashed out at “rapid increases” to port infrastructure fees levied by the country’s terminal operators.
Last week, a report by the Australian Competition and Consumer Commission (ACCC) revealed how the country’s stevedores are …

PayCargo has launched itself with much fanfare into the air cargo industry.
The firm began its business – instant payments between forwarders/agents and carriers – a decade ago in the ocean freight trade, building up some 2,500 vendors on its …

It’s an old argument: does the Jones Act put ‘America First, or is it economically harmful to US states and companies? The Cato Institute believes the latter. It has published a blog post arguing that the Jones Act (which mandates …

Maersk Line has announced that its chief operating officer Soren Toft has decided to leave the company.
In a surprise statement, the Danish company said that Mr Toft “has decided to pursue an opportunity outside of the company and will …

Following a mini-recovery of container spot rates on the major east-west trades in recent weeks,  Drewry believes they will continue to rise.
However, whether the rates will increase sufficiently to cover the additional costs of compliance with IMO 2020 is …