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Showing research about Quote Watch

20201023-logitech-corp

Logitech’s supply chain bet pays off as sales smash estimates

Logitech reported sales growth in the calendar Q3 which climbed 74.7% higher year over year, a full 48.5% points faster than analysts’ expectations. The firm’s CEO, Bracken Darrell, has stated the firm has benefited from the trend where people are “increasingly working from multiple locations”... Read more →

20201021-kn-global

K+N takes a more conservative Q4 view than DSV-Panalpina, DP-DHL

K+N has reported Q3 revenues which fell by 3.9% year over year including a 12.8% drop in air freight due to “a slower than initially expected recovery of the aviation sector”. Similarly, ocean freight handling fell by 5.1% despite the freight forwarder experiencing improved shipping on Asia to... Read more →

202010120-chr-surcharge-ports

C.H. Robinson warns on port surcharges as shipping soars

Freight forwarder C.H. Robinson has advised its customers that surcharges will be applied for drayage services at the ports of Los Angeles, Long Beach and New York as capacity is “presently insufficient to satisfy demand due to vessel bunching and increased volumes in recent months”. Shipments... Read more →

20201015-asml-us

ASML avoids COVID-19, regulatory disruptions as shipments rise

ASML has released preliminary Q3 revenues that were “above our guidance” according to CEO Peter Wennink after the firm experienced “no major disruptions due to COVID-19 during the last quarter”. The semiconductor manufacturing equipment firm may have been helped by a widespread demand for elec... Read more →

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