Latest news from Heavy Lift & Project Forwarding International Magazine

Logwin improves operating margin in first quarter

May 5 - The Logwin Group has reported revenues of EUR278.5 million (USD386.5 million) for the first quarter of 2014, a significant decrease on the EUR320.7 million (USD445million) achieved in the same period of 2013, which the company says is due to dives

Despite this significant decrease, the operating result (EBIT) of EUR 8.0 million (USD11.1 million) matched last year's level. The operating margin improved to 2.9 percent.

The company's Air + Ocean business segment generated revenues of EUR151.3 million (USD210 million) in the first quarter of 2014, slightly above the figure for the same period of 2013 (EUR148.9 million (USD206.6 million).

For the full year 2014, Logwin Group says it expects an improved result against the prior year despite the volatile market environment and one-time expenses for measures aiming at improving profitability.

Heavy Lift | News

Zeaborn to take full control of Zeamarine thumbnail image

Zeaborn to take full control of Zeamarine

April 18 - The Zeaborn Group has signed an agreement to acquire the remaining shares in Zeamarine – the joint venture with Intermarine that was established in May 2018.
Views: 163
Panalpina improves profitability thumbnail image

Panalpina improves profitability

April 18 - In the first three months of 2019, Panalpina boosted its profitability by 15 percent compared to the same period of last year.
Views: 87
Wallem sets out strategy change thumbnail image

Wallem sets out strategy change

April 18 - Wallem has rebranded its corporate identity to reflect the company’s updated strategy and service offering. 
Views: 102

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