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Briefs

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Maersk Line impresses in the first quarter with a return to profit
20/May/2013 by Thomas Cullen.

Bearing in-mind how low freight rates have fallen in container shipping, Maersk Line’s return to profit over the past quarter is quite impressive.... read more.

Amazon workers strike in Germany over the changing nature of retail
17/May/2013 by Thomas Cullen.

The current labour dispute Amazon is experiencing in Germany illustrates just how different the company is compared to other internet-based giants. With its colossal logistics infrastructure comes quite distinct issues such as how to manage a large, but often indifferently paid workforce.... read more.

DP-DHL reports modest gains, operating profit up 2.9% in Q1
15/May/2013 by Thomas Cullen.

Deutsche Post DHL continues to announce improvements in its financial performance with moderate increases in revenue and profits across much of its business in the first quarter, despite less than inspiring market conditions.... read more.

Contrasts in demand may be a bad omen for the airline market
13/May/2013 by Thomas Cullen.

The differing performance of the two elements of the airline market is remarkable, but also disturbing for those operating air cargo services.... read more.

Emirates grows cargo volumes despite difficult market
10/May/2013 by Thomas Cullen.

The air cargo market is currently in a depressed state as weak demand has led the largest carriers to shrink their fleets, yet Emirates SkyCargo does not appear to have been afflicted by this trend.... read more.

MOL bleeds as Japanese trio suffer in 2012
08/May/2013 by Thomas Cullen.

The Japanese shipping and logistics trio of NYK Line, Mitsui OSK Line (MOL) and K Line remained stressed in 2012, with margins wafer-thin or negative across much of their businesses. In addition, MOL suffered an enormous write-off.... read more.

Rumours circulate around syncreon’s future
03/May/2013 by Thomas Cullen.

Rumours have suggested that syncreon may be up for sale. The press agency, Bloomberg, has reported that “people familiar with the process” have commented that the owners of the company have already appointed an investment bank to find potential buyers for the firm.... read more.

CEVA condemns ‘outrageous’ distress rumours
03/May/2013 by Thomas Cullen.

Rumours about CEVA’s distress over the past few months were condemned by CEO Marvin Schlanger as “outrageous, irresponsible and frankly offensive” in an interview with Transport Intelligence on Friday (3/5).... read more.

DSV suffers in flat market
01/May/2013 by Thomas Cullen.

DSV attributed its disappointing marginal year-on-year increase in first quarter revenue to "stagnating or falling freight volumes". The company also experienced a sharp fall of 8.8% in earnings before interest and tax (EBIT).... read more.

Lufthansa grounded by one day strike
22/Apr/2013 by Thomas Cullen.

Lufthansa has been brought to a standstill by a strike of a large number of its German employees. Monday will see almost all flights in Europe cancelled as well as “massive flight cancellations and delays ….for long-haul flights beginning Sunday April, 21” according to a company press release.... read more.

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