DHL Global Forwarding to focus on productivity before market share regain
Month: November 2015
Press Release: IMF Managing Director Christine Lagarde Discusses Economic Challenges with GCC Countries
Global GDP worse than official forecasts show, Maersk CEO says
Economy News -COPENHAGEN (BLOOMBERG) – The world’s economy is growing at a slower pace than the International Monetary Fund and other large forecasters are predicting.. Read more at straitstimes.com.
Source: Global GDP worse than official forecasts show, Maersk CEO says
XPO beats profit target | Logistics Manager
XPO Logistics made an operating profit of $166 million in the third quarter, compared with $24.2m in 2014. In Europe, adjusted EBITDA in Europe was up over 26
Deutsche Post cuts profit target on freight IT woes
Germany’s Deutsche Post slashed its 2015 operating profit target for the second time this year on Wednesday, taking a 345 million-euro ($376 million) hit from a troubled revamp of IT systems at its freight division.
Maersk Issues Profit Warning on Weaker Shipping Market
Danish conglomerate A.P. Møller-Maersk cut its full-year profit guidance, saying global demand for container shipping—the conglomerate’s biggest contributor—has been weaker than expected.
Source: Maersk Issues Profit Warning on Weaker Shipping Market
Signs of global manufacturing slowdown bottoming out as PMI hits seven-month high | Global manufacturing | Markit Commentary
Global manufacturing started the fourth quarter showing tentative signs of renewed life.
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