Freight: latest news, insights and analysis | ESM Magazine

Freight Forwarder Kuehne+Nagel's Profit Falls, Beats Forecast

Swiss freight forwarder Kuehne+Nagel has reported a 39% drop in quarterly operating profit but beat market expectations, aided by cost cutting measures ami...

Kuehne+Nagel's Annual Operating Profit Nearly Halves

Swiss logistics group Kuehne+Nagel reported a bigger-than-expected 49% drop in annual operating profit, citing weaker performance across nearly all its seg...

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Monster Beverage Misses Revenue Estimates As Higher Prices Pinch Demand

Monster Beverage missed Wall Street expectations for fourth-quarter revenue, as budget-conscious consumers turned wary of purchasing the company's hig...

Fever-Tree Sees Annual Core Profit Falling Short Of Market Expectations

British tonic maker Fever-Tree Drinks forecast annual core profit to fall short of market expectations, even as profit doubled in the second half on strong...

Pepco's Underlying Sales Down 2.3% In Christmas Quarter

European discounter Pepco Group has reported a 2.3% fall in underlying sales in the Christmas quarter but said it gross margin had improved,...

Proposed Tariffs Jump To Cut Ukraine 2024 Sowing Areas, Traders Say

Plans by Ukraine's national railways to raise transport tariffs will lead to increased losses for farmers, a new reduction in planted areas and lower expor...

Hapag Lloyd's Sees Nine-Month Net Profit Down 77%, Cuts Outlook

German container shipper Hapag-Lloyd has posted a net profit of €3.2 billion for the first nine months of 2023, down by 77% from a year earlier, and c...