Profit boost for Panalpina
Panalpina’s operating profit (EBIT) rose three per cent in the first quarter to CHF 28.1 million despite a three per cent fall in gross profit to CHF 358.1m.
Panalpina’s operating profit (EBIT) rose three per cent in the first quarter to CHF 28.1 million despite a three per cent fall in gross profit to CHF 358.1m.
Rhenus acquired Freight Logistics, the Miami-based freight forwarder and logistics provider.
Kuehne + Nagel has officially opened its new Overland hub at East Midlands Gateway officially opens.
DHL Industrial Projects, part of DHL Global Forwarding, is launching a digital sub-contractor management programme to identify the best suppliers for customers’ needs and share data on the risk levels and performance of more than 1,000 sub-contractors across its operations.
The Derby and Leicester franchises of Speedy Freight have been taken over by Gary Sawyer, who already operates the Bolton, Wigan and Oldham franchises.
TWC Logistics and Lombard Shipping have joined UPN with TWC handling TF and SY postcodes for UPN and Lombard Shipping PLC handling partial IP postcodes.
Electrameccanica Vehicles Corporation, which manufactures electric vehicles, has chosen Crane Worldwide to ship cars from the factory in Chongqing, China to Los Angeles and Vancouver.
Kuehne + Nagel has launched K+N Pledge, which provides a guaranteed lead time for full container transport that covers all delivery combinations from port-to-port to door-to-door. In the event that a delay becomes unavoidable, customers who have booked KN Pledge will not pay the freight charges.
Xpediator has appointed Dan Harris as IT infrastructure service & operations director.
CMA CGM says it will hold 97.89 per cent of CEVA’s outstanding shares 16th April – settlement day for its bid.