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Showing research about Corp - Forwarders

20190320-fedex-revenues

Fedex Focuses on Profitability as Revenue Growth Slows

Fedex reported fiscal 3Q, or calendar 1Q, revenue growth of just 2.9% compared to a year earlier. That was the slowest rate for the third party logistics provider since 2Q 2015. The slowdown was widespread across the business with the express parcel segment saw a 1.0% drop in revenues. The com... Read more →

20190314-forwarders-total

DSV Diversifies Shipping Volumes to Lead Forwarders in February

The freight forwarding industry saw a 4.4% year over year decline in volumes on U.S.-inbound seaborne routes in February. The reversal in fortunes affected 19 of the top 20 shippers with UPS suffering the most significant decline with a 16.3%  drop followed by DB-Schenker’s 15.5% slide. The ou... Read more →

20190227-kn-revenues

K+N’s Tough End to 2018 May Need More Than a Cost Cutting Fix

K+N has reported 4Q revenues that rose by 6.8% year over year, the slowest rate in two years. That was likely due in part to a drop in air freight volumes as well as a 3.3% decline in achieved revenues per unit in seafreight. The firm blames weakness in European trade routes for the slowdown, ... Read more →

20190220-expeditors-revenues

Expeditors Faces Slowing Growth, Narrowing Margins

Third party logistics operator Expeditors International reported a 17.6% surge in revenues in 4Q 2018. That was 3.7% points better than analysts’ expectations and included a 21.0% jump in ocean freight volumes in October. Yet, growth is starting to slow with Expeditors’ U.S. seaborne volumes h... Read more →

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