Clasquin sees margins squeezed in H1 as MSC takeover awaits clearance
French freight forwarder Clasquin, currently the subject of a takeover offer by the world’s largest ...
MAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT JBHT: SHORT-LIVED RALLY AND STEADY YIELDGXO: NEW ZENITH KNIN: STRENGTH CHRW: MOMENTUMWTC: WEAKENING
MAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT JBHT: SHORT-LIVED RALLY AND STEADY YIELDGXO: NEW ZENITH KNIN: STRENGTH CHRW: MOMENTUMWTC: WEAKENING
Royal Mail’s half-year profits dropped by almost a third, with its UK arm flailing as efforts to reach a deal with unions over pay and pensions drag on. The Independent reports that pre-tax profits dropped 30% to £77m, leaving the service reliant on a bumper festive period to correct the situation. But a strong performance from European parcel delivery subsidiary General Logistics Systems helped secure a 2% increase in group revenues to £4.8bn.
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