Bolloré bounce boosts CMA CGM Q2 revenues, but job worries persist
CMA CGM Group has announced a “robust performance” in the second quarter, with revenues up ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
It’s not good news for others in the express or air freight industries when Fedex believes that the current challenges are not temporary. As part of its $1.7bn cost-cutting and revenue-enhancing measures, announced last year, some 10% of its senior US executives have accepted buyouts and will leave during the next 14 months. The majority of the measures – $1.55bn – will come from Fedex Express, and the result will be a workforce made up of some ‘several thousand’ fewer employees.
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