HMM appears to be going into its partnership with THE Alliance early, announcing that it will be dumping its beleaguered Asia-North Europe service later this month.
It will be terminating its AEX rotation and, instead, making use of capacity from …
Maersk Group recorded an underlying net profit of $134m in the second quarter of the year, compared with just $15m in the same period last year, which the company attributes to an improved performance by its liner division.
“Q2 was …
The German online food delivery market will tomorrow see its latest casualty, as Deliveroo ends its involvement in Germany, four years after it entered the market.
“This was not an easy decision and one we have not taken lightly,” the …
Court injunctions are blocking further protests at Hong Kong International Airport (HKIA), at least in the short term. Channel News Asia reports that the gateway received an interim order preventing people “unlawfully and wilfully obstructing” the airport’s operations. Earlier in …
Wrong. Despite all this:
You may have paid too much attention to its headline numbers, conveniently – or unconsciously – ignoring its underlying cash flow performance.
Yawn
Gross profit rose but was nowhere close to covering its operating expenses in …
”Our transformation has now entered a new phase, where we focus 100% on executing on the strategy to become the global integrator of container logistics.” – AP Møller-Mærsk (APMM), 15 August 2019, second-quarter (Q2) results.
The audited results of AP …
Brexit uncertainty is making itself felt at DFDS, with the carrier revising its earnings forecast downwards after a six-month performance that led to declining profits.
First-half revenues climbed 9.9% to Dkr8.1bn ($1.2bn), driven mainly by its expansion in the Mediterranean, …
