Austrian Post defies macroeconomic environment with growth
Austrian Post reported a 5% EBITDA growth on revenues up 8.7% y-o-y, even in the face of macroeconomic factors.
Austrian Post reported a 5% EBITDA growth on revenues up 8.7% y-o-y, even in the face of macroeconomic factors.
With widespread complaints from shippers over the rise in freight rates, it is interesting to see how profitable container shipping lines are in the present environment.
Between January – March 2024, Ti ran a survey aimed at supply chain professionals which sought to gain an understanding of the current state of the logistics market.
With just months before the US presidential election, Donald Trump, the likely Republican candidate, has doubled down on his controversial trade policies. In an interview with business channel, CNBC, he re-committed to the imposition of severe tariffs on imports in order, as he sees it, to create a fairer balance for American businesses and consumers.
Cambodia is attempting to transform its logistics infrastructure and position itself better on global supply chains by building a large new canal.
Ti’s Chief Executive and Founder of the Foundation for Future Supply Chain, Professor John Manners-Bell, recently moderated a panel on Artificial Intelligence at the Kuehne + Logistics 1st Supply Chain Orchestration Summit in conjunction with Capgemini in Brussels, Belgium.
With the surge in e-commerce and fast fashion, the significance of effective reverse logistics processes has become increasingly apparent. Recent studies indicate that return rates for online fashion purchases can range from 30% to 60%, a stark contrast to the 8-10% return rates for in-store purchases. Understandably, fulfilment centres, distribution centres, and third-party logistics (3PL) …
Superficially, 2023 was a painful year for DHL. The Group’s just published results show that revenue fell by 13.4% to €81,758m and ‘consolidated net profit’ fell by 31.4% to €3,677m when compared to 2022.
French state-controlled Le Groupe La Poste saw operating profit grow 19.0% y-o-y to €2,134m in the year ending 31 December 2023.
GXO looks like it has pipped CMA-CGM/CEVA at the post through a last-minute knock-out bid for Wincanton.
According to current Red Sea situation, it becomes very important for global shippers to look for alternatives to transport their goods, as this is impacting the global trade. Among many solutions such as rerouting and halting, switching modes of transport and not stick to sea freight serves as the best option as global trade may get delayed but does not comes to an immediate stop.
Amidst falling Mail segment revenues and growing Parcels segment revenues, PostNL is seeking a revision to its universal service obligation.