Peel Ports moves into forwarding arena with acquisition of Quality Freight
The blurring of supply chains continues, as Peel Ports moves into the forwarding business with ...
jigsaw puzzle with last piece to be placed
The first-quarter (Q1) results of DHL Global Forwarding, Freight (DGFF) were simply outstanding. Never, in recent memory, has the air freight market leader by volumes achieved such a solid quarterly performance on so many levels, with record operating income, or ebit, of €100m.
One obvious caveat, however, is that its headline numbers were likely propped up by IFRS-induced accounting changes, while it also got a little bit of help from currencies. But so what?
(Source DP-DHL)
The improvement was so significant ...
COMMENTS 0