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Briefs

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Poor results prompt reorganisation at Panalpina
12/Mar/2010 by Thomas Cullen.

Swiss based forwarder Panalpina has announced heavy falls in revenue and profits for its financial year 2009 which has prompted senior management changes.... read more.

A tough year for Deutsche Post
10/Mar/2010 by Thomas Cullen.

Deutsche Post-DHL has announced a mixed set of 2009 annual results, with revenue down significantly, although it managed to bounce back to profit after a hefty loss in 2008.... read more.

A solid, if not pain-free, year for CEVA
05/Mar/2010 by Thomas Cullen.

CEVA is no longer in intensive care and in fact, in many respects, the company is out-performing its peers, according to its latest annual results.... read more.

No surprises in K+N results but provision made for competition fine
03/Mar/2010 by Thomas Cullen.

Kuehne + Nagel’s 2009 annual results released at the beginning of the week were unsurprising to the extent that they showed a heavy fall in revenue, yet a more modest fall in profit.... read more.

Cathay Pacific and Air China announce cargo merger
01/Mar/2010 by Thomas Cullen.

Cathay Pacific and Air China have agreed to merge some of their cargo operations through a purchase of 49% of Air China Cargo (ACC) by Cathay.... read more.

Almost like old times for Expeditors in Fourth Quarter
26/Feb/2010 by Thomas Cullen.

Looking at Expeditors International’s Fourth Quarter figures it is easy to forget the savagery of the recession that the air and sea freight sectors have just been through.... read more.

Lufthansa strike will have impact on air freight market.
22/Feb/2010 by Thomas Cullen.

Lufthansa Cargo is under threat from a four day strike by its own pilots and that of its parent company, Lufthansa.... read more.

US Trucker YRC survives in crowded market
19/Feb/2010 by Thomas Cullen.

The long running saga of YRC Worldwide’s problems and consequent restructuring appears to be coming to some sort of conclusion.... read more.

Wilhelmsen defies automotive slump with continuing profitability
15/Feb/2010 by Thomas Cullen.

Wilhelm Wilhelmsen, the shipping and logistics company that specialises in the automotive sector, announced a jump in net profit for the full year 2009.... read more.

NOL's Widdows expresses caution about recovery amid Group loss
12/Feb/2010 by Thomas Cullen.

Neptune Orient Lines was one of the more cautious shipping companies during the boom years and it appears to have retained its conservative approach through the bust.... read more.

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