When looking at the list of Top 50 Global Transportation and Logistics Providers, the major takeaway is that consolidated revenues for these multibillion-dollar companies showed flat growth in 2013. This suggests top-line growth for these companies slowed during the year and, while it did for many, adjusting revenue growth for foreign currency fluctuations tells a much different story.
News & Analysis
27 Jan 2015
Gati Ltd., India’s leading express distribution and supply chain solutions provider, on Tuesday said the growth of e-commerce helped increase net earnings by 60 percent in its third fiscal quarter, which ended on Dec. 31.
26 Jan 2015
Congestion and delays at U.S. West Coast ports meant UPS had to scramble to get containerized goods into its inland delivery network and to customers. Higher purchased transportation costs were a factor in lower fourth-quarter earnings.
25 Jan 2015
With the global middle class set to grow by nearly 3 billion people by 2030, congestion threatens to choke trade and economic growth, economist Walter Kemmsies told the SMC3 2015 JumpStart conference last week.
24 Jan 2015
A dramatic drop in U.S. oil and fuel prices is proving a temporary salve for shippers pinched by rising transportation costs. The relief is only be temporary, analysts warn.
23 Jan 2015
UPS is considering "new pricing strategies," including targeted peak-season surcharge prices, after spending $200 million more than expected to deliver packages this holiday season.
23 Jan 2015
Blue Dart Express is denying that its parent DHL Express Singapore Pte. Ltd. is negotiating to sell its holdings in the Indian subsidiary to U.S. e-commerce giant Amazon.
22 Jan 2015
Three straight quarters of stronger U.S.
21 Jan 2015
Kerry Logistics is planning to convert one of its basic warehouse facilities in Hong Kong into a columbarium that will store the remains of up to 100,000 people, according to a local media report, a move that would appear to be a significant money spinner for the group.
21 Jan 2015
It will be “better luck” this year for loss-making Neptune Orient Lines as plummeting bunker fuel prices give a huge boost to the company’s cost savings drive, according to investment bankers DBS Vickers.
20 Jan 2015
Challenged by the need to make their companies ever more cost-effective and competitive, third-party logistics companies are compelled to assess ever longer — and often more confusing — lists of new technology options.