An Interview with John Manners-Bell, Author, The Death of Globalization
In May 2023, Julia Swales sat down with John Manners-Bell to talk about his latest book.
The world's largest collection of global supply chain intelligence
In May 2023, Julia Swales sat down with John Manners-Bell to talk about his latest book.
Japanese logistics player Seino Holdings saw moderate revenue growth of +3.8% to JPY 631,507m for the year end 31 March 2023.
CJ Logistics saw operating profits grow by 30.9% in the quarter to KRW 99bn (€67.8m), despite revenues declining by 1.7%.
For the first quarter of the year, Austrian Post reported an 18.7%y-o-y growth in EBIT to €47m on revenue growth up 10.5% y-o-y to €664.7m.
Aramex revenues remained stable in Q1 2023, falling by 1% y-o-y to AED 1,431m. Gross profit increased by 4% y-o-y to AED 358m.
As the 3PL seeks to drive efficiencies and profitability into its business model, GXO Logistics saw an 13.5% uptick in operating income.
USPS has reported an almost $2.5bn (€2.27bn) net loss in the three months to 31st March, with revenues dropping by 2.4%.
The Upply, Ti & IRU European road freight rates index for Europe shows that both spot and contract rates are falling q-o-q, dropping by 7.5 and 2.8 points respectively.
Amazon’s first quarter operating profit and net sales grew strongly in 2023, with net sales growing by 9% to $127.4bn
UPS reported a 6% y-o-y drop in revenues for the first quarter of 2023, taking $22,925m, down from $24,378m in Q1, 2022.
There is an impending crisis related to China’s claims on Taiwan. The escalating tensions between Taiwan’s ally, the USA, and China which can, and already is, having an impact of trade flows. The breakdown of relations started with the tariffs imposed on China by President Trump and continued under President Biden.
In 2023, Ti’s latest interim data projections indicate that the contract logistics market is expected to grow at a slighter slower pace than in 2022 as the economy enters a pronounced slowdown.