Transport and Logistics Network
Traffic up 2% in Norway in 2022, Renfe joins German partners to bid for terminal operating contract, and CPKC wins intermodal contract with Schneider International.
Norway: Infrastructure manager Bane Nor reports that freight traffic on the national…
DX has expanded its freight-handling capacity by opening two dedicated freight facilities in Warrington and Heathrow in the UK.
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During March 2023, DX Express activities at Warrington wer…
At the turn of the year, the Netherlands gained a new player in the project cargo and chartering market – Cory Brothers Rotterdam.
Located in Rhoon, the Rotterdam office is an expansion of UK-headquartered Cory Brothers. It provides freight forwarding …
Global “Transportation Management Systems (TMS) Market” report [98 Pages] 2023 offers most accurate analysis on key market dynamics, supply-demand status with regional segments. The report examines competitors analysis based on industry segments by Ty…
The Truckers Association of South Africa says it will soon engage with truck drivers in an attempt to avert another strike. This comes after South African truck drivers threatened to embark on a shutdown.
Their concerns include the employment of foreig…
The inauguration will be held at 11:00 am. The Prime Minister will also flag off the Vande Bharat train at 10:30 am in Thiruvananthapuram and will inaugurate the Water Metro online.
The Kochi Water Metro services will start on April 26, from 7:00 am t…
PORTS & SHIPPING[1]
25 Apr 2023 CW Team
To increase the capacity of Chennai and Kamarajar ports in the state, Union Minister of Ports, Shipping & Waterways and Ayush, Sarbananda Sonowal inaugurated significant infrastructural projects in Chennai. The …
The rapid normalisation of the supply chain environment saw Kuehne+Nagel Group report a 45 percent decline in earnings at CHF 462 million ($522 million) on 37 percent decline in turnover at CHF 6.7 billion ($7.6 billion).
“The start of the 2023 busine…
Kuehne+Nagel GroupCHF m
Q1 2023
Q1 2022
Δ
Net turnover
6,748
10,158
-37%
Gross profit
2,394
2,942
-19%
EBITDA
803
1.306
-39%
EBIT
612
1.120
-45%
Earnings
462
832
-45%
Free cash flow
415
1,037
-60%
The start of the 2023 business year was marked by geop…
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DENMARK : DSV has invested in large quantities of sustainable fuel in order to provide customers with decarbonisation solutions via its new “book and claim” solution. The solution gives DSV’s customers easy access to certified s…