Expeditors in court – not over just yet, going to appeal
Wheels of Justice still turning
GXO: EARNINGS ON THE WAYEXPD: ON THE RADARDHL: REVENUE AND OPERATING LEVERAGEDHL: TARGETING MARKET SHARE FROM DSV-SCHENKERDHL: SURCHARGES TRENDSDHL: SUPPLY CHAIN UNIT FOCUS DHL: EXPRESS VOLUMES DHL: DEMAND SURCHARGE DHL: 'COST OF CHANGE' DHL: 'FIT FOR GROWTH' FOCUSDHL: QUESTION TIMEDHL: CAREFUL ON INVESTMENTDHL: AIR CAPACITY AND RELATED COSTS DHL: DIVERSIFICATION RULESDHL: CONF CALL DAC: EARNINGS MISSDHL: RELIEF RALLYDSV: CONSENSUS SOUGHTKNIN: NEW MULTI-YEAR LOW
GXO: EARNINGS ON THE WAYEXPD: ON THE RADARDHL: REVENUE AND OPERATING LEVERAGEDHL: TARGETING MARKET SHARE FROM DSV-SCHENKERDHL: SURCHARGES TRENDSDHL: SUPPLY CHAIN UNIT FOCUS DHL: EXPRESS VOLUMES DHL: DEMAND SURCHARGE DHL: 'COST OF CHANGE' DHL: 'FIT FOR GROWTH' FOCUSDHL: QUESTION TIMEDHL: CAREFUL ON INVESTMENTDHL: AIR CAPACITY AND RELATED COSTS DHL: DIVERSIFICATION RULESDHL: CONF CALL DAC: EARNINGS MISSDHL: RELIEF RALLYDSV: CONSENSUS SOUGHTKNIN: NEW MULTI-YEAR LOW
A judge has overruled a jury’s $93.6m award to ICTSI from the ILWU, over work slowdowns at Portland. The award was reduced to $19m – “the maximum amount sustainable by the proof”. The judge said that an expert witness for ICTSI had “grossly inflated” the economic harm caused, by inflating ICTSI’s baseline shipping volume, and assuming that ICTSI would have been able to raise prices per container and increase shipping volume, according to nwlaborpress. However, the new award will still be hard to raise, amounting to just shy of $500 for each member.
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