DSV Panalpina sees growth but profit falls after merger
The first ‘full-year’ figures for the new DSV Panalpina show its freight forwarding operation benefitting from a “significant Panalpina impact,” but is it trading profitability for volumes?
Email :
Tel :
Thomas is a widely respected writer and has been analyzing the global logistics market for over 15 years. He has edited a number of international publications and written for most of the leading trade publications in Europe. He has written several in-depth reports on a variety of subjects including Automotive and Chemical logistics. Thomas has been vital in adding value to Ti’s Logistics Briefing service for the last 10 years and works on many global consultancy projects.
The world's largest collection of global supply chain intelligence
The first ‘full-year’ figures for the new DSV Panalpina show its freight forwarding operation benefitting from a “significant Panalpina impact,” but is it trading profitability for volumes?
XPO Logistics demonstrated its focus on profits in 2019, reflecting the logic that is drawing Bradley Jacobs to consider restructuring the company by selling off a number of its largest divisions.
The air cargo sector has taken a step towards consolidation with the deepening of the ‘North Atlantic Joint Venture’ between KLM-Air France, Delta Cargo and Virgin Atlantic Cargo.
There has been the usual excitement around Amazon’s annual results published last week. The share price rose by around 10% after their publication alongside talk of an unexpectedly rapid increase in sales.
The just published UPS figures for the fourth quarter and the full year 2019 show a core US Express business that continues to grow respectably although other parts of the business experienced some turbulence. Pensions were, once again, a burden.
Although the medical seriousness of so called ‘coronavirus’ is not clear, it will have significant implications for the logistics sector in the short-term.
XPO Logistics is exploring options.
Looking at the fourth quarter and full year results from J.B. Hunt, the US market appears to still be growing but not particularly rapidly.
The headline number of €86bn is eye-catching but it is unclear what the latest investment plan for Deutsche Bahn will really deliver.
Walmart is attempting to reposition itself and its logistics in the rapidly changing Indian economy.
The issue of the status of workers in logistics businesses such as express and last-mile has long been controversial.
Container shipping rates have been all over the place for the past few months.