Category Archives: Express News

Our corporate magazine is out now

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The acquisition of UTi significantly enhanced our footprint and DSV is now a global player with offices in more than 80 countries on six continents.

In this issue you can read feature stories from of Africa, Asia, Australia, North America, South America and Europe.

Read more about our business in our current issue of Moves:

  • China wants to be one of the five biggest in DSV (p. 4)
  • DSV Protect: extra security in case of an accident (p. 8)
  • Leadership training in DSV (p. 16)
  • Operating under the constant threat of a cyber-attack (p. 24)

Read more at www.dsv.com

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Interim financial report for H1 2017 released

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Only 18 months after the acquisition of UTi Worldwide our productivity and financial results are at an all-time high.

With more than 50% growth in earnings and cash flow we are very satisfied with the Group’s performance in the first half of 2017. Only 18 months after the acquisition of UTi Worldwide, our productivity and financial results are at an all-time high. On the back of a strong start to 2017, we upgrade our expectations for the year and start a new share buyback programme of one billion DKK.

Selected financial and operating data for the period 1 January – 30 June 2017:

  • (DKKm)
  • Net revenue 37,147
  • Gross profit 8,437
  • Operating profit before special items 2,369
  • Operating margin 6.4%
  • Conversion ratio 28.1%
  • Special items, costs 248
  • Profit before tax 1,845
  • Adjusted earnings for the period 1,637
  • Adjusted free cash flow 2,038
  • Diluted adjusted earnings per share of DKK 1 for the period 8.69

Read more at www.dsv.com

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Ryder Honored for the Ninth Consecutive Year as an Inbound Logistics Green Supply Chain Partner

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MIAMI–(BUSINESS WIRE)–Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, today announced that for the ninth consecutive year, it has been named an Inbound Logistics Green Supply Chain Partner. Inbound Logistics editors have selected 75 companies that demonstrate a deep commitment to green initiatives in transportation and supply chain sustainability for the magazine’s annual “G75” issue.

Read more at newsroom.ryder.com

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Mach 1 Global Services Announces Chicago Station Expansion and Relocation

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Tempe, Arizona – July 31st, 2017
Mach 1 Global Services, a Domestic and International Provider of Transportation and Logistics Services, announces today that it has expanded its Chicago branch to a new location in Elk Grove Village, Illinois, effective July 31, 2017.

Mach 1 entered the Chicago market in 2003 and this new facility will enhance a full portfolio of services to include Domestic and International Air, Ground, and Ocean Freight. In addition to offering traditional Freight Forwarding Services, this operation will serve as a primary hub for Mach 1’s internal Linehaul Network, Warehousing, and Contract Logistics for local Chicagoland clients.

Read more at mach1global.com

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Central Transport is proud to have assisted children’s charity, Kids Wish Network on two separate occasions

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Warren, Michigan, July 28, 2017 – Central Transport is proud to have assisted children’s charity, Kids Wish Network on two separate occasions in May and July. While supporting the 15th Holiday of Hope on Tour event and Project Toy Drop, Central Transport hauled more than $500,000 worth of toys, educational items, games and other necessities to local children in need.

During the events, city and county officials, firefighters, and community volunteers to bring happiness, joy and hope to children, while also fostering better relationships within the community.

Read more at www.centraltransportint.com

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Mainfreight Thailand Profile

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Mainfreight is a global logistics & forwarding company offering one stop supply chain solution with a particular focus on cost efficient, sustainable and environmentally friendly solutions.

Our Thailand branch, fully operational from 16 October, 2013 and located in Bangkok. We are a young company in Thailand’s logistics industry but our team has broad work experience & team spirit. Our team has decades of combined work experience from many leading logistics companies in Thailand.

Country Manager, Mr. Withanya or “Mo” has been leading the team since the beginning and has extensive experience in international freight, supply chain & distribution solutions.

Read more at www.mainfreight.com

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Pilot Freight Services Announces Evolution of Senior Leadership

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LIMA, Pa.—June 19, 2017— Pilot Freight Services (Pilot), a worldwide provider of transportation and logistics services, today announced the promotion of Gordon Branov, a 20-year Pilot veteran, to chief executive officer, and John Hill to president after 23 years with the company. Richard Phillips, who has served as chief executive officer for 10 years, will move into the role of chairman of the board, and Lou Cortese, former president, will retire after more than 30 years of service.

These changes, effective July 1, bring forth a lineup of Pilot leaders who have helped the company achieve decades of continuous growth and have the experience, drive, and leadership skills to maintain Pilot’s success.

Read more at www.pilotdelivers.com

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Mainfreight knows how to have fun with team mates!

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The Mainfreight team in Los Angeles takes its competitive and cooperative spirit from the office to the softball field! Our team is comprised of players from Logistics, Transport, A&O, Carotrans and even visitors from recent TLS Leadership training and Peter from TLS, himself! Our games have provided everything from our recommended daily exercise, to a chance to socialize, to a renewed sense of goal-setting and competition where we blow off some steam and have fun! The final tally isn’t in but fun has been through the roof!

To watch a game or join us on the field, contact Matt Friedman, Branch Manager, Matt.Friedman@mainfreightusa.com Telephone 562-295-5802

Read more at www.mainfreight.com

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AIT Worldwide Logistics Enters Tenth Year as a SmartWay Transport Partner

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ITASCA, ILLINOIS (July 25, 2017) – AIT Worldwide Logistics, a leading global supply chain solutions provider, continues its commitment to track and report its carbon accounting practices for a tenth consecutive year. Freight transportation is one of the fastest-growing impacts on the environment and as consumer demand increases, AIT has re-committed to respond with the most efficient and cleaner transportation practices.

Read more at aitworldwide.com

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YM Provides New Korea-Taiwan-Hong Kong Service

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Yang Ming Marine Transport Corp. (YM) has announced to launch a new Korea-Taiwan-Hong Kong (loop code: KTH) service effective from August 13th, 2017.

KTH service is jointly operated by YM, T.S. Lines Co., Ltd. (TSL) and Korea Marine Transport Co., Ltd. (KMTC) with a total of two container vessels of nominal 1,800 TEU capacity.

Read more at www.yangming.com

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