Geodis sees strong growth

French freight forwarder Geodis saw a 3.4% rise in activity, driven by a strong showing at Geodis America (formerly OHL) and also a range of other commercial successes, said owners SNCF (French Railways) in its half-year annual results, published on 31 July.
SNCF Logistics, which includes the freight arm of the French railways, reported a +3.7% rise in sales compared with the first half of 2016.
Overall, SNCF turned its finances around from a €159m loss in the first half of 2016 to a profit of €119m for the first six months of 2017.

Share this story

Related Topics

Latest freight forwarder news

Bloomberg: Private equity and shipping giants circle DB Schenker

German forwarding and logistics company DB Schenker has attracted bids from shipping and logistics giants as well as a private…

Read More

Share this story

US FAA legislation includes review of airport truck delays

US president Joe Biden has signed into law the Federal Aviation Administration Reauthorization legislation, which includes a section on reviewing…

Read More

Share this story

Worsening box line disruption to have limited air cargo impact

Disruption to container shipping operations out of Asia has unexpectedly worsened over recent weeks but the development is expected to…

Read More

Share this story

Air Cargo News

Air Cargo News
Established in 1983, Air Cargo News is the leading source of news, information, interviews, analyses and reports to the global airfreight industry. Our leading portfolio includes print, digital and events that give businesses in the airfreight industry the ability to connect with decision-makers in this sector.