Temu pledges to support its merchants in the face of 'external headwinds'
Temu owner PDD Holdings has pledged to support its merchants in the face of trade ...
GXO: NEW PARTNERSHIPDHL: GREEN PUSHAAPL: VALUE CHAINJBHT: SURCHARGES ON THE MENUJBHT: TRADING UPDATE ON ITS WAYAMZN: FISHINGPG: ANOTHER LOWDSV: MAJOR SHAREHOLDER UPDATEMAERSK: MOST DEFENSIVE AFTER NEW TARIFF THREATS TSLA: MERGER TALKDHL: HUNTINGDSV: FX RISK ON THE RADAREXPD: LOOKING AHEADPLD: DOWNSIDE RISKKNIN: TOP SCHENKER EXEC IN
GXO: NEW PARTNERSHIPDHL: GREEN PUSHAAPL: VALUE CHAINJBHT: SURCHARGES ON THE MENUJBHT: TRADING UPDATE ON ITS WAYAMZN: FISHINGPG: ANOTHER LOWDSV: MAJOR SHAREHOLDER UPDATEMAERSK: MOST DEFENSIVE AFTER NEW TARIFF THREATS TSLA: MERGER TALKDHL: HUNTINGDSV: FX RISK ON THE RADAREXPD: LOOKING AHEADPLD: DOWNSIDE RISKKNIN: TOP SCHENKER EXEC IN
It’s not been a great time for express supplier West Atlantic. A tragic crash in January had a “tremendous impact” on the company, said the CEO, and the airline has struggled to get back to ‘normal’. Normal didn’t include its financial results, unfortunately, which saw it go into the red in 2015: a loss of $6m compared with a profit of $1.3m a year earlier. It has suffered problems, including aircraft delivery delays and unplanned maintenance, which have “left certain of our customers less than satisfied” last year. But the airline hoped this was now behind it.
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