Investigaciones de Panjiva — Panjiva


Showing research about Corp - Forwarders


CH Robinson Moves Fewer Boxes, Delivers Better Margins

CH Robinson reported a 4.4% year over year drop in revenues in 1Q 2019, the first decline since 3Q 2016 and below analysts’ expectations. Reduced pricing in the trucking business, lower airfreight volumes and unchanged ocean freight volumes were the main reasons for the slowdown. Notably... Read more →


DSV’s Quest for Scale Pays Off, Slowdown May Lie Ahead

Freight forwarder DSV reported 1Q 2019 revenue growth of 8.7% year over year, driven by airfreight volume growth of 10.4% and seafreight which increased by 6.5%. The latter has been largely driven by shipping through the Americas, with U.S. seaborne imports having climbed 15.6% year over year.... Read more →


K+N Volumes and Margins On The Up, UPS Heads Down

K+N and UPS provided a study in contrasts in their 1Q results. K+N’s revenues increased by 7.7% year over year including a 6.2% improvement in ocean freight volumes. UPS meanwhile saw growth of just 0.3% – the lowest since 3Q 2015 – including a 3.9% drop in international supp... Read more →


Panalpina Growth Parked Ahead of DSV Scale Push

Panalpina reported 5.0% year over year revenue growth in 1Q 2019, marking the slowest expansion by the freight forwarder since 1Q 2017. That’s largely been down to a 3.0% drop in ocean freight volumes due to a weak macroeconomic situation, according to CEO Stefan Karlen. The firm may have trie... Read more →


K+N’s Pledge Could Lead to a Commitment with Hapag-Lloyd

Kuehne+Nagel’s new container forwarding service, K+N Pledge, offers refunds if guaranteed service commitments aren’t met. That’s followed similar service commitments made by the container shipping lines, led by CMA-CGM’s Eagle service. It also comes as K+N has been incr... Read more →


Deutsche Post-DHL Bets on Charleston as Port’s Growth Slows

Deutsche Post-DHL will invest $100 million in a new distribution center located around 50 miles inland from the Port of Charleston. The facility will take several years to complete during which time the port needs to invest in de-bottlenecking to support further inland operations and keep up w... Read more →


DSV Delivers a Panalpina Deal That’s Largely About Scale

Freight forwarder DSV has agreed to acquire Panalpina at an enterprise value of $4.6 billion based on Mar. 29 stock prices. The combined entity will be the ninth largest logistics company globally by revenue behind K+N and Bollore. The deal is driven by size which DSV sees as “one of the... Read more →


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 →

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