Panalpina sees small profit amid 2015’s soft market

Although global freight forwarder and logistics company Panalpina suffered a drop in revenue, from $6.73 billion to US$5.88 billion in 2015, the Swiss company’s EBIT moved edged up from $117.1 billion to $117.6 billion at the close of last year, while net profit rose slightly to $88.5 billion from $86.79 billion in 2014. These results […]

North American auto industry demand boosts Nippon Express

Frequent shipments of automotive parts, paired with lower fuel costs, helped Japan-based forwarder Nippon Express Co. generate US$328 million in operating profit for the April-December 2015 period, which was up 12 percent, compared to last year, and its highest operating profit ever in the nine-month period. Sales were an estimated $US12.7 billion, up 2 percent […]