GXO Logistics reports 20% boost in revenue and $1bn in new business last year
The world’s largest pure-play contract logistics operator, GXO Logistics, recorded a 20% increase in annual ...
Danish ferry group DFDS has laid up around 20% of its capacity – 12 of its 50-strong fleet – in response to the coronavirus pandemic.
And it has revealed that it expects first-quarter profits to have fallen 10%, year on year.
In addition to closing two routes last month – Oslo-Copenhagen and Newcastle-Amsterdam, which were more reliant on passenger revenues – chief executive Torben Carlsen said some 25% of its cross-Channel departures had been suspended.
He believed this was a similar amount to ...
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