Latest news from Heavy Lift & Project Forwarding International Magazine

Damco reports continued growth

November 12 - Damco reports revenue growth of 11 percent in the first nine months of 2012, compared to the same period last year.

Year to date gross profit was up by 4 percent to USD 591 million, while EBIT grew by 6 percent to USD76 million.

Damco ceo, Rolf Habben-Jansen said the company has "significantly improved its results from 2009 onwards and this continues into 2012, even if we are in difficult times for the world's freight markets."

So far this year, ocean freight volumes have grown by 7 percent and air freight volumes are up by 122 percent (including the effect of the acquisition of Chinese air freight forwarder NTS of Shanghai). Supply chain management volumes increased with 5 percent.

In the third quarter of this year, Damco completed the acquisition of Pacific Global Networks - a leading freight forwarder in China and Australia - and announced the relocation of its headquarters from Copenhagen to The Hague in the Netherlands, which will take place in the first quarter of 2013.

www.damco.com

Heavy Lift | News

Cargolux calls at Incheon thumbnail image

Cargolux calls at Incheon

July 17 - Cargolux Italia has launched a Boeing 747 service between Milan Malpensa Airport, Italy and Incheon, South Korea.
Views: 220
BigMove goes digital for licenses thumbnail image

BigMove goes digital for licenses

July 17 - BigMove – a European alliance of 13 medium-sized logistics companies – is introducing digital driving licenses for its network of 1,000 drivers.
Views: 251
ESTA joins EC best practice project thumbnail image

ESTA joins EC best practice project

July 16 - The European association of abnormal road transport and mobile cranes (ESTA) has been asked to support a European Commission study to “explore health, safety and environment (HSE) best practice in the wind power sector”.
Views: 647

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.