Japanese carrier Ocean Network Express (ONE) has posted its first quarterly profit since the merger of the container businesses of K Line, MOL and NYK on 1 April last year.
ONE recorded a net profit of $5m in the first …

For those wondering how Ceva’s new shipping line shareholder, CMA CGM, will impact its offering, some light was shed in its first-half results presentation. 
Cross-selling will “accelerate Ceva’s transformation”, as will strengthening key account relations and increasing “share of wallet”, …

Is UPS going after small shippers or after small parcels? Either way, the integrator is looking for growth in the slow lane. 
Last week, it unveiled an international economy service to help shippers keep down delivery costs, with transit times …

Maintaining a tight grip on costs kept DSV moving in the right direction in the first half of the year.
Profits and revenues were up in the face of an “undeniably difficult” market, its first-half results revealed today.
The latest …

Crane Worldwide Logistics has appointed Keith Winters as its chief executive, effective immediately, taking over from John Magee, who leaves after 11 years. 
Mr Winters has worked for Crane companies for 20 years, most recently as chief executive of Davaco, …

“Ceva went through significant and structural changes in the first half of 2019 against a challenging macroeconomic backdrop. We are currently focusing on the turnaround of the company through deep operational changes and on achieving positive free cash flow as …

“We continued to make improvements in working capital, which combined with increased earnings, allowed us to generate nearly $200 million in cash flow from operations and increase cash returns to our shareholders. We are pleased with our second quarter results …