Deutsche Post DHL Group, increased revenue and operating profit significantly in the second quarter of 2017. Group revenue increased by EUR 623 million to EUR 14.8 billion, with the international parcel and eCommerce business and the global Express business in particular driving this strong growth. With EBIT of EUR 841 million, Deutsche Post DHL Group recorded the strongest second quarter in its history, and the seventh consecutive quarter in which the company has posted an all-time quarterly … [Read more...] about Group revenue increases by 4.4% to EUR 14.8 billion in Q2
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CEVA Holdings has strong revenue growth of 6.4% in Q2
CEVA Holdings LLC reported results for the First Half of the year ended 30 June, 2017. “Our Q2 is a further improvement on Q1, delivering revenue, profitability and cash flow improvements despite market headwinds. Our underlying trading was even stronger,” said Xavier Urbain, CEO of CEVA. “The Excellence Program, with a relentless focus on impeccable execution and productivity is demonstrating a strong momentum and we shall see more impact in the coming quarters. We … [Read more...] about CEVA Holdings has strong revenue growth of 6.4% in Q2
Kale’s Canopus in stride with GST migration
In accordance to this new taxation and other regulatory changes, CANOPUS - the Customs Clearance Management (CCM) software has already permeated GST in its financial and operational modules. With the new GST equipped CANOPUS, the clients were able to experience seamless and error free migration in their existing application. Beginning from July 1st 2017, the central government of India levied the Goods & Services Tax (GST) on the consumption of goods and services pan India. … [Read more...] about Kale’s Canopus in stride with GST migration
Rhenus launches new groupage freight services
The logistics specialist has been providing seven new groupage freight services to Russian destinations further inland since May this year because of the huge level of demand from customers. The importance of transporting goods to the so-called special economic zones in particular has grown. Eastern European specialists from Rhenus and the German/Russian Chamber of Foreign Trade reported on economic developments in Russia at a press conference held at the “transport logistic” trade … [Read more...] about Rhenus launches new groupage freight services
18th annual regional audit conference a resounding success
Internal auditors must step up and face the challenges posed by digital transformation to ensure effective auditing and success of their organisations, said Abdulqader Obaid Ali, President of UAE Internal Auditors Association and CEO, Smartworld. “We talked about internal auditing in hyperloop speed as we are living in a world where digital transformation is rapidly changing the way we work, live and function. By 2020, we will have more than 30 billion devices … [Read more...] about 18th annual regional audit conference a resounding success
Road and Belt boost with new China-UK cargo rail link
China has kicked off a new rail-freight service to Britain as part of President Xi Jinping’s efforts to strengthen trade ties with Europe. The first train departed Yiwu in eastern Zhejiang province on 1 January and will cover more than 12,000 kilometers in about 18 days before reaching London, China Railway Corp. said in a statement according to Bloomberg. The service, carrying garments, bags and suitcases among other cargo, will pass through Kazakhstan, Russia, Belarus, Poland, Germany, Belgium … [Read more...] about Road and Belt boost with new China-UK cargo rail link
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