Evri gets ‘Premium’ boost from merger with DHL’s UK ecommerce division
UK customers of courier Evri are breathing a sigh of relief today, following the news that DHL’s UK ecommerce division will merge with the poorly rated company.
UK customers of courier Evri are breathing a sigh of relief today, following the news that DHL’s UK ecommerce division will merge with the poorly rated company.
Q1 road freight contract rates index fell 2.3 points q-o-q. Spot rates fell more sharply, by 3.8 points q-o-q. However, year-on-year, the spot index was up by 1.6 points and the contract index rose 0.4 points.
An insight into the short-term future of sea container freight rates was given by Rolf Habben Jansen, CEO of Hapag-Lloyd, during his presentation around Hapag-Lloyd’s first quarter results on Tuesday (14/5). He commented that Hapag Lloyd would continue to “re-route ships through the Cape of Good Hope for the time being and it is difficult to predict when that will change.”
Despite uncertainties on its major Transpacific and Asia-Europe trade lanes in the first quarter, German container shipping giant Hapag Lloyd achieved a 23.6% y-o-y growth in its operating profit (EBIT) on revenues that improved by 15.0% to $5,318m.
Data from Eurostat shows European diesel prices have dropped to their lowest level for over two years. In the first two weeks of May 2025, the EU‑weighted diesel price at the pump dropped to €1.52; the last time diesel prices fell below this level was May 2022. This is the result of consistent price falls week‑on‑week …
FERCAM, the Bolzano-based logistics provider, reported €706m in revenue for the 2024 financial year, representing a 5.8% increase on a like-for-like basis following a major structural change.
Where the relatively small air and ocean forwarding business saw strong revenue growth, all of Landstar Systems trucking businesses reported falls in volumes, rates and revenues in Q1, 2025.
Maersk’s first quarter 2025 numbers saw a 7.8% increase in revenue year-on-year to US$13.3bn and a recovery in profits, with EBITDA (Earnings Before Interest, Depreciation and Amortisation) up 70% year-on-year at US$2.71bn.
Seoul-based CJ Logistics experienced strong growth in Q1 2025, despite challenges such as sluggish retail sales and a weak macroeconomic environment.
In Q1 2025, Nordic Transport Group (NTG) strengthened its growth trajectory with the acquisitions of Danish freight forwarder DTK and the UK-based group behind EDS Worldwide and Rolls Freight.
On a y-o-y basis, the USPS achieved almost no change in revenues at $19,704m in the quarter. As with most postal operators worldwide, the US Postal Service is transitioning from being a mail operator to one of a parcels carrier.
While net losses increased by 43.6% y-o-y to minus $56m in the first quarter at global contract logistics provider GXO, revenue improved by 21.2% to $2,977m.