Forwarding drags DP-DHL backward

Deutsche Post-DHL reported third-quarter net income down almost 90% to €49 million, as total revenue rose 3.0% to €14.42 billion. Operating profit (EBIT) for the quarter was down 70.9% to €197 million. Express and e-Commerce were the only bright spots in an otherwise dismal quarter for the German post/express/logistics giant, as a variety of issues […]

Full speed ahead for ATSG

Air Transport Services Group (ATSG) reported its third-quarter results, but the real news is what is coming next. The company reported third-quarter net income down 33.8% to $6.5 million, as net revenue from customers rose 2.8% to $142 million. At first glance, a one-third drop in net income might seem like either a poor performance, […]

A record quarter for Expeditors

US-based forwarder and logistics services provider Expeditors International reported third-quarter net income up 15.5% y-o-y to a $119 million, as net revenue increased 11.1% to $570 million. Operating income for the quarter was up 20.6% to $192 million. As was the case in the second quarter, all three metrics – net income, net revenue, and […]

FedEx reaps the rewards of cost management

A huge jump in profitability, despite a relatively modest gain in revenue, indicates FedEx’s cost-management program is bearing fruit. FedEx reported net income up 53.4% y-o-y in its fiscal third quarter (ended 28 February) to US$580 million, as revenue rose 3.7% to $11.72 billion. Operating income for the quarter was up 50.1% to $962 million. […]
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