integrated logistics Archives - The Loadstar Making sense of the supply chain Tue, 05 Nov 2024 22:24:39 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 31889032 Aesop’s grape-hungry fox has a lesson for DHL’s dealmakers https://theloadstar.com/aesops-grape-hungry-fox-has-a-lesson-for-dhls-dealmakers/ https://theloadstar.com/aesops-grape-hungry-fox-has-a-lesson-for-dhls-dealmakers/#respond Tue, 05 Nov 2024 12:32:10 +0000 https://theloadstar.com/?p=284264 If you have followed our DeskOne live coverage of the conference call that followed the Q3 24 release of DHL Group’s results today, you may well be aware that headline group numbers were, as expected, broadly in line with preliminary figures released last week.
A couple of substantial add-ons…
… however follow, for your perusal: air freight performance in DHL Global Forwarding (GF) was disappointing in terms of gross profit (GP) per unit, ...

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]]> https://theloadstar.com/aesops-grape-hungry-fox-has-a-lesson-for-dhls-dealmakers/feed/ 0 284264 DHL – ‘strategy diamond’ takes out complexity. Any shareholder value? https://theloadstar.com/dhl-strategy-diamond-takes-out-complexity-any-shareholder-value/ https://theloadstar.com/dhl-strategy-diamond-takes-out-complexity-any-shareholder-value/#respond Tue, 24 Sep 2024 12:30:26 +0000 https://theloadstar.com/?p=280987 Let’s start from the Q&A session with the equity analysts at the DHL Group’s ‘Strategy 2030’ event held in Frankfurt today (24 September) to get a feeling for how it went.
Covered live by DeskOne (a snapshot is below, click to expand it; more here)…
… the main topics spanned*:
– How confident are you guys of hitting mid-term targets?
– How on earth, in forwarding, can you hit conversion ratio targets to 2030 ...

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]]> https://theloadstar.com/dhl-strategy-diamond-takes-out-complexity-any-shareholder-value/feed/ 0 280987 Integrators gone nuts? From DHL’s ‘demand fee’ to UPS’s ‘surge fee’… https://theloadstar.com/integrators-gone-nuts-from-dhls-demand-fee-to-upss-surge-fee/ https://theloadstar.com/integrators-gone-nuts-from-dhls-demand-fee-to-upss-surge-fee/#respond Fri, 23 Aug 2024 11:04:32 +0000 https://theloadstar.com/?p=278946 Accused of profiteering in the good (for them) old pandemic days, the major ocean carriers quietly kept counting the dollars, billions, awesomely rewarding shareholders in the peak Covid years up to 2023.
Those exceptional times led to legal battles – often tied to a slew of allegedly unfair surcharges – that so far haven’t cost much but the evergreen feeling remains: the consumer was ripped off.
As we know, transport and logistics ...

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]]> https://theloadstar.com/integrators-gone-nuts-from-dhls-demand-fee-to-upss-surge-fee/feed/ 0 278946 ‘One FedEx’ (+9.5%) greatness stands out https://theloadstar.com/one-fedex-9-5-greatness-stands-out/ https://theloadstar.com/one-fedex-9-5-greatness-stands-out/#respond Tue, 11 Jun 2024 12:38:59 +0000 https://theloadstar.com/?p=274038 Keeping in mind that we live in a world where deflation is a relatively distant memory while inflation still prevails*, to read yesterday’s dividend hike announcement by FedEx (FDX) was quite shockingly awesome.
(*In this context, click here for Premium’s pertinent take on stagflation from January 2021.)
Far from saying Belt-Tightening FedEx… ohhh right, ‘One FedEx’… offers guidance in reading the Fed cycle in cutting fed funds (here’s the pattern since 1980), ...

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]]> https://theloadstar.com/one-fedex-9-5-greatness-stands-out/feed/ 0 274038 FedEx CEO talks Amazon (and DHL); break-up calls; USPS value-destroyer https://theloadstar.com/fedex-ceo-talks-amazon-and-dhl-break-up-calls-usps-value-destroyer/ https://theloadstar.com/fedex-ceo-talks-amazon-and-dhl-break-up-calls-usps-value-destroyer/#respond Thu, 30 May 2024 10:27:04 +0000 https://theloadstar.com/?p=273115 Bernstein’s ‘40th Annual Strategic Decisions Conference [SDC] Webcast‘ held yesterday, 29 May, featuring FedEx CEO Raj Subramaniam, was pretty insightful.
Not always convincing for investors, the commander-in-chief pulled off a cogent performance, I reckon.
It’s quiet period now – the last quarter of the ’24 fiscal year closes in just over 24 hours for the Memphis integrator – but Subramaniam didn’t miss his chance to talk up FedEx’s prospects and its tech ...

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]]> https://theloadstar.com/fedex-ceo-talks-amazon-and-dhl-break-up-calls-usps-value-destroyer/feed/ 0 273115 ‘One FedEx’ – what to expect https://theloadstar.com/one-fedex-what-to-expect/ https://theloadstar.com/one-fedex-what-to-expect/#respond Thu, 16 May 2024 12:18:17 +0000 https://theloadstar.com/?p=271942 At the 31st Bank of America’s Annual Transportation, Airlines, and Industrials Conference held earlier this week, FedEx CFO John Dietrich (pictured below)…
… shared his views on market conditions, challenges and opportunities. He also made a few remarks of particular interest* concerning business reporting lines and corporate structure as well as UPS and the lost USPS contract.
(*Soon after sell-side analyst Ken Hoexter of Bank of America Merrill Lynch started the grilling, ...

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]]> https://theloadstar.com/one-fedex-what-to-expect/feed/ 0 271942 DHL Group: Forwarding burns cash, Supply Chain outshines the rest https://theloadstar.com/dhl-group-forwarding-burns-cash-supply-chain-outshines-the-rest/ https://theloadstar.com/dhl-group-forwarding-burns-cash-supply-chain-outshines-the-rest/#respond Tue, 07 May 2024 10:50:23 +0000 https://theloadstar.com/?p=271165 The ‘2023 Super League Ace‘ title within the DHL Group was confirmed in the first quarter (Q1 24): untouchable DHL Supply Chain enjoyed very healthy growth in the first three months of the year at Ebit level.
Moreover: Group 2024 guidance was maintained. And then forget PeP Germany, which is non-core for us…
… and, incidentally, has increasingly become non-core for the group over the past 15 years (click to expand the ...

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]]> https://theloadstar.com/dhl-group-forwarding-burns-cash-supply-chain-outshines-the-rest/feed/ 0 271165 CEO Caesar Luikenaar: a few growing pains as WEC Lines eyes new horizons https://theloadstar.com/ceo-caesar-luikenaar-a-few-growing-pains-as-wec-lines-eyes-new-horizons/ https://theloadstar.com/ceo-caesar-luikenaar-a-few-growing-pains-as-wec-lines-eyes-new-horizons/#respond Thu, 18 Apr 2024 12:13:01 +0000 https://theloadstar.com/?p=269803 Dutch shipowner WEC Lines is undergoing “open heart surgery” in its goal to combine shipping and logistics, recently appointed CEO Caesar Luikenaar (above) told The Loadstar.
WEC Lines has remained focused on its role as a shipping line throughout its 50-year existence, currently seeing some 80% of its turnover from shortsea feeder operations in Europe, while niche services in the Africa region, focusing on commodity trades, account for the remaining 20%.
However, ...

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]]> https://theloadstar.com/ceo-caesar-luikenaar-a-few-growing-pains-as-wec-lines-eyes-new-horizons/feed/ 0 269803 Mega M&A not on the menu for ‘One UPS’ – but it has a plan https://theloadstar.com/mega-ma-not-on-the-menu-for-one-ups-but-it-has-a-plan/ https://theloadstar.com/mega-ma-not-on-the-menu-for-one-ups-but-it-has-a-plan/#respond Wed, 27 Mar 2024 13:04:12 +0000 https://theloadstar.com/?p=268149 Given the stock performance of UPS at the end of trade stateside yesterday (26 March)…
… we don’t have to think too hard about what kind of opportunity, as long promoted by management, the…
… Investor & Analyst Day held at the company’s Worldport air hub in Louisville… REALLY WAS.
The hangar opened for the first time to the public three years after a similar show took place but under very different circumstances ...

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]]> https://theloadstar.com/mega-ma-not-on-the-menu-for-one-ups-but-it-has-a-plan/feed/ 0 268149 Commercial risk to Maersk from its integrator strategy is ‘too high’ https://theloadstar.com/commercial-risk-to-maersk-from-its-integrator-strategy-is-too-high/ https://theloadstar.com/commercial-risk-to-maersk-from-its-integrator-strategy-is-too-high/#respond Fri, 08 Mar 2024 11:51:13 +0000 https://theloadstar.com/?p=266872 Maersk’s ambition to become “the integrator of container logistics”, combining shipping and port terminals with logistics services, “looks flawed”, according to investment bank Bernstein.
The Danish giant has spent more than $8bn in an M&A spree since 2020, pursuing its end-to-end logistics strategy.
“Not only do we doubt competitive advantage from integration, but also we worry that this move sours commercial relationships with forwarders, who typically represent 50% of container shipping volumes,” ...

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