The German mail and logistics company posted revenues of 60.4 billion euros for the year, rising 5.4 percent from 2016, despite encountering headwinds from currency effects. Deutsche Post DHL Group recorded a consolidated net profit after non-controlling interests of 2.7 billion euros (U.S. $3.3 billion) in 2017, inching up 2.8 percent
Business
Panalpina moves highest volumes in company history
Switzerland-based forwarder and logistics services provider Panalpina ended an eventful year, in which it made some notable acquisitions in the perishables sector, and reported record-breaking volume and profitability. Air freight volume for the full year increased 8.1 percent to a record 995,900 tonnes. While it may be tempting to assume that the figure
Going Dutch: How Schiphol is solving cross-border e-commerce issues
Last December, clandestine teams of Chinese executives began showing up at airports across Europe, probing the facilities that they visited for strengths and weaknesses. They tracked shipments, timed customs delays, rated services and mapped out logistics infrastructure. While these cloak-and-dagger movements may seem to be wrapped in political intrigue, of a
DHL asks, is your business falling behind in supply chain digitalization?
It’s not just a catchy headline any longer: your business is missing out – or even falling behind – and DHL has the data to prove it! According to the integrator’s polling, 95 percent of companies are not capturing the “full benefits of digitalization technologies for their supply chains.” “This is a transformative
15 New Airlines Seek Operating Permits as Business Booms
Expert faults growth report, says passenger traffic dropping About 15 new private and commercial airlines have applied for operating permits as the demand for air travel steadily rises in the country. The spokesman of the apex regulatory body, the Nigerian Civil Aviation Authority (NCAA), Sam Adurogboye, said the applications were being
FedEx won’t drop the NRA so these companies are dropping FedEx
Unlike dozens of other companies, FedEx has stood firm with the National Rifle Association Companies cutting FedEx ties Despite a massive online campaign and an exodus by other major companies that had previously partnered with the National Rifle Association in various ways, FedEx has stood firm that it will not cut ties with the group.
Increased volume not translating to better margins, e-commerce study shows
You don’t have to be Alan Greenspan to see that e-commerce is the new frontier of retail, but what does the shifting market mean for logistics companies supporting the change? According to a study conducted by market research organization Transport Intelligence (Ti), conducted during the recent holiday season, logistics firms may
Ryanair nears deal with Italian pilots
Indian Govt To Divest Stake In Air India By 2018-End
The central government plans to divest its stake in the national passenger carrier Air India by the end of 2018. According to the Minister of State for Civil Aviation Jayant Sinha, the Air India group will be divested as four different entities and that the "information memorandum" will be issued in
Boeing to have 51 percent stake in venture with Embraer: paper
FILE PHOTO: Boeing's logo is seen during Japan Aerospace 2016 air show in Tokyo, Japan, October 12, 2016. REUTERS/Kim Kyung-Hoon/File Photo Boeing Co will have a 51 percent stake in a joint company currently being negotiated with Brazilian aircraft maker Embraer, O Globo newspaper columnist Lauro Jardim reported on Sunday. Boeing has agreed