HMM reports 500% rise in operating profit, and eyes fleet and route expansion
South Korean container line HMM is yet another major carrier to enjoy a bumper 2024, ...
Deutsche Post-DHL chief executive Frank Appel has issued a thinly veiled warning to competitors that it will be looking to use a predicted downturn in trading volumes to win market share.
Speaking at the company’s third-quarter results in Bonn today, which saw third-quarter group revenue hit €24bn and EBIT reach €2bn, Mr Appel was repeatedly asked about the outlook for volumes over the next few quarters.
“Crises are moments where strong players take advantage, and we’ll be stronger than competitors going forward,” ...
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