Consumer panic buying in March due to the current pandemic saw a supermarket giant record its highest-ever quarterly sales growth, whilst another says strict purchasing limits hurt its sales.
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CMA CGM sees an upturn in shipping volumes following Coronavirus
CMA CGM said there is a rebound in shipping volumes and exports increasing from the China market after coronavirus impacted global shipments from the country last month.
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Coronavirus costs DHL more than $100 million last month
In the Deutsche Post-DHL’s group 2019 financial results, the logistics company said it achieved record earnings but sees significant effects following coronavirus.
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DSV Panalpina to cut 4,000 jobs following acquisition
Swiss logistics company Panalpina Welttransport Holding, which was acquired by DSV in 2019, has made the decision to cut over 4,000 jobs from the European freight forwarding company DSV Chief Financial Officer Jens Lund said in an interview Thursday.
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$300 million revenue increase for Australia Post’s parcels and services
Australia Post has announced its group revenue for the first half of $3.8 billion, up four per cent year-on-year.
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