DHL Global Forwarding misses profit expectations, despite strong Q4
DHL Global Forwarding this week revealed that last year’s performance by the division had been ...
Agility, which is aligning itself in the ‘digital’ forwarder category, has announced a mixed set of results for its third quarter, as challenges in the freight forwarding industry hit its logistics division.
Its Global Integrated Logistics (GIL) business saw ebitda fall 1% year on year to KWD7.8m ($25.6m), which, the company said, was down to increased operating expenses for new facilities and new digital investments.
But the biggest surprise was a 15.8% fall in air freight tonnage – way beyond the industry average. IATA’s ...
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