DHL sees H1 profits plummet, but XPO gains momentum in North America
There was a mixed bag of first-half results for two global logistics operators this week: ...
TSLA: NOT ENOUGHBA: NEW LOW AS TENSION BUILDSGXO: SURGINGR: EASY DOES ITDSV: MOMENTUMGXO: TAKEOVER TALKXOM: DOWNGRADEAMZN: UNHARMEDEXPD: WEAKENEDPG: STEADY YIELDGM: INVESTOR DAY UPDATEBA: IT'S BAD
TSLA: NOT ENOUGHBA: NEW LOW AS TENSION BUILDSGXO: SURGINGR: EASY DOES ITDSV: MOMENTUMGXO: TAKEOVER TALKXOM: DOWNGRADEAMZN: UNHARMEDEXPD: WEAKENEDPG: STEADY YIELDGM: INVESTOR DAY UPDATEBA: IT'S BAD
Deutsche Post’s now infamous IT project could be scrapped, the company revealed yesterday after announcing its second-quarter results. Getting rid of it completely would be very unlikely, however, because of the investment involved so far. It said it would make a decision before its Q3 results. Its NFE transformation project was put on hold in May for being overly ambitious and negatively affecting performance. Meanwhile, Q2 EBIT was down 18%.
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