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Supply
Chain by the Numbers |
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- April 21, 2011
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Containers in the Briny Deep; Large US Companies Hiring Overseas while Dumping Jobs Here; Rates were Good for CSX in Q1; DHL Moving More Boxes than Projected |
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$40 million |
What global parcel carrier DHL is investing in its Cincinnati hub, as it is seeing a strong recovery in its global shipments into and out of the US after a disastrous foray into the US domestic parcel market that led to almost $10 billion in losses. The company told Bloomberg this week its volumes in the US are as much as 115,000 per day, beating its projections when it closed the US business to focus on international by 15,000 parcels daily.
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Revenue growth at rail carrier CSX in the first quarter, according to the company's earnings release earlier this week. That 13% rise came with overall volume growth of just 7%, implying rates have increased substantially over the same period last year. The $395 million profit for Q1 was 14.1% of revenue, up from a 12.2% profit margin for the comparable 2010 period. |
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