August 7 - A number of global transport and logistics companies have posted results for the first half and second quarter of 2015.
Logwin posted revenues of EUR532 million (USD578 million) in the first half of 2015, which is slightly below the EUR543.2 million (USD590 million) reported in the same period of 2014. A strong rise in the company's air and ocean business was offset by a decline in revenues of the solutions business unit.
CEVA Logistics posted a 10.2 percent year-on-year drop in revenue for the second quarter of 2015 at USD1.776 billion.
Meanwhile, C.H. Robinson generated total revenues of USD3.545 billion in the second quarter of 2015 - a slight 1.2 percent increase compared with the same period of 2014.
C.H. Robinson's ocean transportation net revenues increased 17 percent year-on-year for the reporting period, while air transportation revenues decreased 9.9 percent. Logistics services revenues grew by 22.6 percent in the period ending June 30.
Group revenue at Deutsche Post DHL Group grew by 7.3 percent in the second quarter of 2015 to EUR14.7 billion (USD15.9 billion). The DHL divisions grew by 9.1 percent in the reporting period.
Revenues in DHL's Global Forwarding division increased by 3.8 percent year-on-year to EUR3.8 billion (USD4.13 billion), but revenue decreased by 1.5 percent when adjusted for currency effects.
As a result of unsatisfactory earnings development in the DHL Global Forwarding division, the management team has initiated a comprehensive turnaround programme with restructuring measures.
Elsewhere, Ritchie Bros. generated revenue of USD155.5 million in the second quarter of 2015, a 10 percent increase compared with the USD141.8 million generated in the same period of 2014.
