ZIM posts net loss for 2016 despite Q4 profit
ZIM made a net loss of US$163.5 million in 2016 even though it posted a net profit of US$4.6 million in the last... 
Panalpina posts higher air freight volume but lower overall profit for 2016
The Panalpina Group made a consolidated profit of CHF80.2 million (US$79.2 million) in 2016, a year-on-year decrease of...
K+N posts record earnings
The Kuehne + Nagel Group made a net profit of CHF720 million (US$710 million) in 2016, a year-on-year increase of 6%,...
IAG Cargo appoints new CFO
IAG Cargo has appointed Lewis Girdwood as its new chief financial officer from March 1, 2017. According to IAG,...
KTZ Express and Globe Tracker International sign reefer deal
Logistics provider Kazakhstan Temir Zholy Express and supply chain visibility specialist Globe Tracker International...
Hapag-Lloyd volume up but revenue down in 2016
Hapag-Lloyd posted a revenue of €7.7 billion (US$8.11 billion) for 2016, a year-on-year decrease of 12.5%, according to...
DHL invests in Thai e-commerce market
DHL eCommerce will enhance its coverage in Thailand with next-day delivery in remote areas and extend its pick-up...
Port of Portland and ICTSI terminate Terminal 6 lease
The Port of Portland and ICTSI Oregon, Inc. have mutually agreed to terminate a 25-year lease agreement to operate the...
