On the one hand, it showed what kind of factors are behind a solid performance in a difficult market, and on the other I believe it continues to remain a rather disappointing story for stock investors and existing shareholders. Market momentum Air freight was more resilient than sea freight, althoug...

A mature business, with 131 years of glorious history, it must now continue to diversify from its core container operations, committing more capital to the intermodal activities that delivered the best performance across the group in 2015. The container division still generates almost 60% ...

The Haifa-based group said on 17 July 2014 that banks, shipowners and bondholders signed up to a restructuring plan “as a result of which creditors converted approximately $1.4bn of ZIM’s total $3.4bn debt and liabilities into a 68% ownership stake in ZIM”. After lengthy negotiations, its capi...

Fast-forward, and the stock has been trading between $14 and $15 for a month, spurred by a huge aircraft leasing deal with Amazon inked in early March. The agreement allows it to benefit from a partnership with a powerhouse in last-mile retail distribution, and comes at a time when ATSG managem...

Mr de Juniac has led AF-KLM for three years – during which the carrier has had to restructure its short haul operations, fight with labour (quite literally) and has struggle with losses in cargo, leading to a diminished freighter fleet. The airline has now, after four years of losses, posted an op...

This may prove to be one of its boldest investments in recent years. In a statement yesterday, the terminal operator said the facility would begin operations in 2019, most likely with Maersk Line as its anchor client – its sister company was specifically named as “an important customer”. ...

There is no shortage of reasons why service providers struggle to innovate: budget constraints; dwindling head-count at IT departments; and IT vendors focusing on more attractive, sexier market segments (for airlines read “passenger travel”) do not help to take the logistics industry further. Pe...

What a difference two years can make. Expectations were high in December 2013, when Hong Kong-based 3PL Kerry Logistics launched its IPO. Less than a month later, its shares had already appreciated by 40% on the domestic stock market, changing hands at over HK$14. “All the IPOs are up, it doesn’...

The usual quarterly call with analysts that followed the announcement unequivocally proves that the war of words between express operators and Amazon has just started. This is now a story of words, headline and disruption risks rather than numbers. FedEx is delivering across all its business units, ...

On the one hand, its recently released 2015 annual results showed that the ailing logistics behemoth has reversed the trend of rapidly widening losses the year before. On the other, however, its capital structure remains highly problematic and the clock is ticking on cash flow generation and debt re...