Fortress SITC – liner shipping's insulated star performer
Is it a bird? Is it a plane? Nope, it’s a ship
French transport and logistics giant Norbert Dentressangle has seen revenues in the first nine months of the year increase by 14.1% to €3.375bn as its logistics and forwarding divisions made up for weaker haulage volumes.
Chief executive Herve Montjotin said that the stagnant French economy had placed pressure on the company’s full truckload business, although it had been buoyed by growth in its pallet distribution activities, which made up around 30% of the overall road transport revenue.
“Transport was penalised by the ...
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