Showing posts with label damco. Show all posts
Showing posts with label damco. Show all posts

Thursday, April 19, 2018

 Kerry Logistics has appointed two more directors namely Mathieu Renard Biron & Patrick Chea in its team.  Mathieu Renard Biron as Managing director based out of Hongkong & Bangkok will be responsible for strategic development of group international freight forwarding division on both strategic & operational level. In earlier roles he has worked with several logistics, freight forwarding & manufacturing corporations since 1991 & last served as Geodis group...

Saturday, May 16, 2015

Damco, the troubled logistics arm of Danish shipping giant AP Moller-Maersk (APMM), made a $9m loss in the first quarter of 2015 as its airfreight volumes fell 19%. The division's total supply chain revenue fell nine percent, year on year, to $683m for the January to March 2015 period, of which eight percent was due to exchange rate movements. Netherlands-based...

Wednesday, February 25, 2015

Damco, the global logistics arm of Danish shipping group AP Moller Maersk, more than doubled its annual losses to $293m for the full year 2014. The ocean giant parent said that Damco's losses were due to “significant” impairment hits  in 2014 and “reduced profitability” in its ocean and airfreight segments. Netherlands- headquartered Damco, which recorded...