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New indices show conflicting growth patterns for air and sea freight [21/Nov/2012]
Transport Intelligence’s (Ti) new monthly Global Shipping Index signified a pick-up in ocean freight volumes in September 2012 compared with the same month of the previous year. By comparison, Ti’s new Global Air Freight Index was less positive, with volumes remaining virtually flat. Read Full Article...
Absence of peak shipping season prevails [16/Nov/2012]
The Stifel Nicolaus Logistics Confidence Index rose 0.1 index points to 47.4 in November from 47.3 in October, according to the latest industry study undertaken by Transport Intelligence. The marginal increase follows six consecutive months of decline. Read Full Article...
Royal Mail profits rumoured to lead to IPO [14/Nov/2012]
A great deal of excitement is being generated by the latest results from the Royal Mail, Britain’s publicly owned postal services provider. Whilst the numbers are not so extraordinary, they are being taken as evidence that the Royal Mail is a viable business and thus can be sold through an Initial Public Offering (IPO) on the London stock market. Read Full Article...
How long will Maersk Line's profits last? [12/Nov/2012]
The results from Maersk Line for the third quarter have triggered a bout of optimism for the prospects of the container shipping sector. Read Full Article...
New Index shows European road freight rates sliding [09/Nov/2012]
After rising by 20% in two years, a new index compiled by Transport Intelligence indicates that road freight rates on key international routes in Western Europe have fallen steadily for the past five months. Read Full Article...
DP-DHL Express grows profits and volumes despite Mail's fall [09/Nov/2012]
Over the past nine months Deutsche-Post DHL reversed its usual performance, with poorer results from the Mail business yet stronger growth and profits from Express, Forwarding and Supply Chain. Including all of the many revisions and adjustments in DP-DHL accounts, revenue increased 5.8% to €40.9bn and an EBIT flat at €1.8bn. Read Full Article...
Signs of optimism emerge for economic improvement [07/Nov/2012]
A continuation of the same theme for the year - sluggish economic growth and high unemployment continues to plague the US, while Europe faces a recession as economic growth declines further. Despite this, signs for possible optimism appeared in October. Read Full Article...
Lufthansa Cargo remains profitable despite difficult market [02/Nov/2012]
Lufthansa Cargo has managed to remain profitable over the past nine months of this year despite the prevailing market conditions. However, revenue fell by 9.7% for the nine months to September as compared to the same period in 2011, whilst operating profit fell by 61.8% to €66m. Read Full Article...
TNT and UPS prepare response to European Commission objections [29/Oct/2012]
TNT Express has released its Q3 financials showing improved revenues and profits; management says it remains positive about the acquisition by UPS. Read Full Article...
UPS's International Division reports best third quarter in history [24/Oct/2012]
Overall, UPS’s third quarter earnings were not as dismal as some had expected, particularly following FedEx’s recent earnings report. However, declines were noted in most of the company’s reporting divisions. Read Full Article...
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