Staff counts

Omicron outbreak in Australia wreaking havoc with supply chains

Australia’s Omicron wave has skyrocketed staff shortages in container logistics, putting the sector under “enormous strain”.
This week, local media reported bare supermarket shelves across the country, due to “up to half” of all truck drivers being absent from work, thanks to either a positive test result or isolation rules.
Industry sources say the country’s testing rules, combined with a lack of test kits for transport workers, is at the root of …

The post Omicron outbreak in Australia...

https://theloadstar.com/omicron-outbreak-in-australia-wreaking-havoc-with-supply-chains/

New UK logistics staff shortage looms as 79,000 EU workers go home

On top of port congestion, skyrocketing freight rates and the prospect of Brexit chaos, UK logistics operators are also facing the increasing likelihood of critical staff shortages, according to new report from Logistics UK.
The twin challenges of the pandemic and Brexit have led to nearly 80,000 EU nationals leaving the country’s logistics industry in the past 12 months, leaving a significant skills gap, Logistics UK’s Skills and Employment Report 2020 found.
Director of …

The post New UK...

https://theloadstar.com/new-uk-logistics-staff-shortage-looms-as-79000-eu-workers-go-home/

Turnover and profits down as Kuehne + Nagel struggles through the pandemic

Kuehne + Nagel today reported reduced turnover and profits for the first nine months of the year, as it struggled to limit the effects of the coronavirus pandemic.
However, it did report year-on-year ebitda growth for both the nine-month and third-quarter periods.
The latter grew from Sfr472m ($520m) in 2019 to Sfr900m this year, but group revenue for the quarter was down 4%, to just over Sfr5bn, while nine-month group revenue declined …

The post Turnover and profits down as Kuehne + Nagel...

https://theloadstar.com/turnover-and-profits-down-as-kuehne-nagel-struggles-through-the-pandemic/

CH Robinson ‘still strong’, despite revenue declines in a ‘volatile’ Q2

“Solid”, “strong” and “well-positioned” is how CH Robinson described its second-quarter performance, despite net revenue falling 11.6%, to $614.5m, and income from operations declining by 17%, to $188.8m.
CEO Bob Biesterfeld said: “Despite a volatile environment, we were able to deliver solid performance across all of our business units, due to the tireless efforts of the CH Robinson team members around the world and our diversified portfolio of logistics services.
“We also …

The post CH...

https://theloadstar.com/ch-robinson-still-strong-despite-revenue-declines-in-a-volatile-q2/

Employee software app given free to help transport and logistics firms cope with Covid-19

9 April 2020– (LONDON) As cases of COVID-19 continue to soar, the pressure on logistics and transport businesses providing vital frontline delivery and collection services, along with the guidance surrounding social distancing, shows no signs of letting up.  As a result, more and more of these organisations are relying upon technology to keep their key workers, drivers and home-based office staff informed, as well as to continue to communicate and collaborate.
Ensuring …

The post Employee...

https://theloadstar.com/employee-software-app-given-free-to-help-transport-and-logistics-firms-cope-with-covid-19/

Panalpina board must resign and DSV will cherry-pick best staff to keep

DSV looks set to pick out the best of Panalpina’s staff and keep them, but others will face a DSV-led committee to decide how the companies will be integrated.
The set-up has been detailed in DSV’s offer prospectus for Panalpina, which also reveals that DSV insists all Panalpina’s board members resign and, following an extraordinary shareholders’ meeting, DSV will appoint a new board. 
The filing states that Panalpina has in place “a global …

The post Panalpina board must resign and DSV will...

https://theloadstar.com/panalpina-board-must-resign-and-dsv-will-cherry-pick-best-staff-to-keep/

Market Insight: Damco FF – a people business, but does it have too many?

The past few years have been particularly hard for Damco.
Its move from Copenhagen to The Hague in February 2013 was a disaster. It went from profit to a net loss of $111m that year, partly attributed to one-off relocation costs, which widened in 2014, spiraling to -$293m, and parent Maersk admitted that the forwarder had “lost its way”.
Damco financials 2014

Damco financials 2015
Damco’s plan to be “closer to its customer base” backfired badly when …

The post Market Insight: Damco FF – a people...

https://theloadstar.co.uk/market-insight-damco-ff-people-business-many/

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