Précis: The Group delivered a profit of USD 1.2bn (USD 1.2bn) and a return on invested capital (ROIC) of 10.0% (11.7%) for Q1. Excluding divestment gains and one-off tax income from the settlement of an Algerian tax dispute, the Group recorded a zero profit (profit of USD 1.1bn) and a ROIC of 1.1% (11.2%). Cash flow from operating activities was USD 1.2bn […]
Précis: UPS today announced it has the necessary financing in place for its intended recommended public offer for TNT Express N.V. Related Content: New report: UPS acquisition sees it leapfrog DHL in Europe TNT a step to global growth for UPS? Image: Primary Event: 10th North American 3PL Summit Premium`: No read more […]
Précis: Sale driven by a strategic focus on growth of company's core businesses Related Content: Supply Chain Technology Insight from Caterpillar’s Tom France. Caterpillar considers strategic options for 3PL business Image: Primary Event: 10th North American 3PL Summit Premium`: No read more […]
Précis: Hoofddorp, The Netherlands, 8 May, 2012 – CEVA Logistics, one of the world’s leading supply chain management companies, today reports results for the three months ending 31 March 2012. Highlights Image: Premium`: No read more […]
Précis: Andrew Austin, CEO of Priority Freight examines some of the latest trends affecting the logistics industry. Logistics – or at least the traditionally narrower definition of Transport – was long known as the barometer for industry, and an indication of the well-being, or otherwise, of the economy. Increasing demand for logistics services would nor […]
Précis: In 1Q12, TNT Express experienced mixed economic conditions in Europe and slowing Asia-Europe trading volumes. Europe & MEA was affected by negative price and product mix developments. Results in Asia-Pacific, while under pressure because of weakness out of Asia, benefited from the strong performance of the Australian operations and cost reductio […]
Précis: Supply Chain Executives from Hi-tech and Electronics Companies in the Asia Pacific have answered some key questions on their Asia Pacific supply chains, in the aftermath of the Thai floods and Japanese Earthquake and Tsunami. Related Content: Hi-Tech Supply Chain Executives describe Disaster Planning As ‘Below-Average’ Mitigating Risk & Impro […]
Précis: St. Gallen / Casablanca, 26 April 2012. Militzer & Münch, the internationally active transport logistics company, opened a new logistics terminal in Casablanca in mid-April. The facility comprises an area of about 8,200 m² and is located near the airport. With the new terminal, Militzer & Münch is extending its contract logistics business wh […]
Précis: I had the pleasure of listening to Peter Gibbons, the EVP of Global Supply Chain Operations of Starbucks earlier today at the CSCMP Europe conference in Frankfurt. Peter gave a great presentation entitled: “How influential is your supply chain?” He started his presentation with an amusing anecdote- which I’m sure many supply chain leaders could re […]
Précis: Weber Logistics announces the appointment of quality and process improvement executive, Des Sugrue, as its new vice president of customer experience. Sugrue will report to Weber’s CEO, Harry Drajpuch, and be responsible for customer service, information technology, and operational quality and consistency across Weber’s 17 distribution centers and […]