More pressure on transpacific rates as carriers bet on a China-US trade deal
Mainline operators are pushing for higher transpacific rates in May, betting on a trade deal ...
ID 14242822
© Wavebreakmedia Ltd
| Dreamstime.com
You may be forgiven for thinking that the first-half trading update by Kerry Logistics Network, out a couple of days ago*, was really, really good..
(*Released on 28 August: full report here)
… despite a “slight drop” in earnings (click to expand the table above) – on a comparable H1 24 versus H1 23 basis – for its integrated logistics (IL) unit, which was responsible for just less than one-third of group sales in the first half.
With almost US$2.4bn in H1 24 ...
Comment on this article