Yang Ming reports massive rise in profit, and orders more ships
Taiwanese carrier Yang Ming today reported revenue of $6.94bn last year, representing a 54% increase ...
Deutsche Post-DHL has binned its profit target for the year, as a result of the coronavirus pandemic.
The German group, a bellwether for the logistics industry, said in yesterday’s trading update it was withdrawing its 2020 ebit guidance, “given the significant impact of Covid-19 on all parts of the economy”.
However, it said that its preliminary group ebit was €590m for the first quarter of 2020, while preliminary operating profit came in at €1bn, “after adjusting for the effects related to the ...
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Comment on this article
Luis Alba
April 09, 2020 at 1:28 pmWhy not with the amount of packages stolen they sure can make a profit. So far in this month alone, 2 packages stolen from distribution canter and no one cares. Totàl lost for me over 2k in merchandise