The globally operating Kuehne + Nagel Group delivered strong financial results for the first quarter of 2006. With turnover up 41.7 per cent to CHF 4,290.7 million and the operational result (EBITDA) increased by 68.7 per cent to CHF 199.1 million, the past years? strong growth was exceeded. Net earnings improved by 46.2 per cent to CHF 101.6 million compared with the previous year.

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The number of mergers and acquisitions undertaken by the largest players in the worldwide express, mail and logistics sectors has reached its highest level since the height of the ‘dotcom’ boom.

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Logistics and express delivery company DHL, a unit of Germany’s Deutsche Post AG, expects its Asia-Pacific revenue to continue to grow strongly this year in tandem with the region’s economies, a senior executive said.

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After a billion-dollar shopping spree Deutsche Post has no plans to make any large acquisitions in the next two years but is always on the lookout for ones under 250 million euros (173 million pounds), its top executive said.

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TNT N.V. today announced that as a result of further negotiations with various tax authorities, the estimated realistic range of its contingent tax liability has reduced from between ?150 million and ?550 million, as disclosed in TNT’s annual report for 2005, to between ?100 million and ?250 million.

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As The International Air Cargo Association (TIACA) began its first-ever China-based Summit in Beijing on April 17, Yang Yuanyuan, director general of China?s General Administration of Civil Aviation announced that the country would be further opening its air cargo market.

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Growth is the one goal that all businesses pursue. Shareholder value is created when a business can project sustainable growth in its profit stream.

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Business is booming for ocean carriers and they are beefing up services to meet the increasing trade demands.

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Wouldn?t it be really nice to have a trustworthy GPS system to plot your course through your RFID implementation?

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Revenues for United States-based third-party logistics providers (3PLs) passed the $100 billion mark for the first time in 2005, according to a report recently released by Armstrong & Associates, a supply chain management consultancy.

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