FedEx bets on rate hikes being accepted, despite tough market headwinds
Soft market conditions blunted FedEx’s first-quarter results, but management is confident that its rate increases ...
AMZN: EUROPEAN REVERSE LOGISTICS GXO: NEW HIGHSCHRW: CATCHING UPBA: TROUBLE DHL: GREEN GOALVW: NEGATIVE OUTLOOKSTLA: MANAGEMENT SHAKE-UPTSLA: NOT ENOUGHBA: NEW LOW AS TENSION BUILDSGXO: SURGINGR: EASY DOES ITDSV: MOMENTUMGXO: TAKEOVER TALKXOM: DOWNGRADEAMZN: UNHARMED
AMZN: EUROPEAN REVERSE LOGISTICS GXO: NEW HIGHSCHRW: CATCHING UPBA: TROUBLE DHL: GREEN GOALVW: NEGATIVE OUTLOOKSTLA: MANAGEMENT SHAKE-UPTSLA: NOT ENOUGHBA: NEW LOW AS TENSION BUILDSGXO: SURGINGR: EASY DOES ITDSV: MOMENTUMGXO: TAKEOVER TALKXOM: DOWNGRADEAMZN: UNHARMED
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.
Gemini warns of 'meltdown' when Suez reopens
Looming 'indefinite' strike set for the Port of Montreal as tensions rise
Forwarders on the hook for millions following Debenhams collapse
Shippers to opt for direct port calls over speed of service, predicts MSC's Soren Toft
Spot rates ex-Asia still falling, despite USEC congestion, with more blanks
Fallout from hurricanes a greater concern than strikes, say forwarders
Flexible airfreight must find balanced traffic flows to keep networks in tact
Comment on this article