'Significant logistical challenges' as aid flows into Morocco and Libya
Relief efforts in earthquake-hit Morocco are an enormous logistical challenge given the remoteness of the ...
Deutsche Post-DHL’s Post-e-Commerce-Parcel (PeP) division has continued to prove problematic for the group. Despite a 3.4% upturn in divisional revenue, PeP’s second-quarter operating profit plunged 58.5%, dragging the group down with it. Not even a 56.7% upturn in profitability for Global Forwarding and growth of 10.2% in Express operations could offset the PeP damage, with group profits dropping 11.2% year on year. Acknowledging the challenges posed by PeP, chief executive Frank Appel said measures were being implemented that would bring about “long-term, profitable growth”.
Knights of Old parent enters administration, but sister firm Nelson is saved
EXCLUSIVE: UPS rumoured to have eyes on DB Schenker
Maersk and Hapag-Lloyd offer their guides to 2024 ETS surcharges
Flexport fires CFO and HR VP, but sees need for a head of restructuring
'Peak season already over' as ocean freight rates collapse further
Manufacturing boom in India drives up intra-Asia freight rates
Rush for e-commerce capacity could trigger airfreight rate rise
Alex Lennane
email: [email protected]
mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
email: [email protected]
Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
Comment on this article