First quarter of 2024, earnings down with cost measures intensified : Kuehne+Nagel
Kuehne+Nagel GroupCHF million Q1 2024 Q1 2023 Δ Net turnover 5,508 6,748 -18% Gross profit 2,076 2,394 -13% EBITDA 576 803 -28% EBIT 376 612 -39% Earnings 278
Kuehne+Nagel GroupCHF million Q1 2024 Q1 2023 Δ Net turnover 5,508 6,748 -18% Gross profit 2,076 2,394 -13% EBITDA 576 803 -28% EBIT 376 612 -39% Earnings 278
LONDON : IBIA – The International Bunker Industry Association and BIMCO have signed a Memorandum of Understanding (MoU) to collaborate on some of the monumental challenges and opportunities
FINLAND : ABB has been selected by Maine Department of Transportation (MaineDOT) to supply a comprehensive grid-to-propeller solution for the new double-ended, hybrid-electric ferry that will provide essential
NEW DELHI : India’s 12 major ports handled 819.227 million tonnes (mt) of cargo in FY24, some 4.45 percent more than the 784.305 mt handled during last year on
MUMBAI : The Bombay High Court held that the order passed by the Director General of Shipping in 2022 for the Certification of Accommodation Barges is inapplicable to
NEW DELHI : As the Anti-subsidy duties imposed last year by the US and the EU on certain Indian exports benefiting under the Remission of Duties and Taxes
NEW DELHI : Several small exporters have requested the government to continue the amnesty scheme for one-time settlement of default in export obligation till September, an industry body
MUMBAI : Mahindra Logistics reported a fifth straight quarterly loss on Monday, hurt by subdued volume growth at its mainstay business of supply chain management. Consolidated net loss
MUMBAI : India’s cut and polished diamond exports in 2023/24 plunged 27.5% from a year ago to a $15.97 billion due to sluggish demand from the United States,
LONDON : Merchant ships and seafarers are increasingly in peril at sea as attacks escalate in the Middle East and the United Nations must do more to protect