Supply Chain - Logistics

X5 Signs Cooperation Agreement With Truck Manufacturer

Russian food retailer X5 Retail Group has launched a strategic partnership with truck manufacturer Kamaz, using the provider for all its fleet requirements...

Axfood's Dagab Acquires Saba Logistics Warehouse

Axfood AB's wholesaling operation, Dagab, has announced its intent to acquire logistics company Saba's warehouse operation in Helsingborg. Dagab, former...

Lidl Spain To Invest €70 Million In New Logistics Facility

Lidl has announced plans to invest around €70 million to develop a new logistics facility in Spain. The 71,800-square-metre centre will supply more...

Carrefour Opens Fifth Logistics Hub In China

Carrefour has opened a 21,000-square-metre logistics hub in Dongguan, Guangdong, China in order to aid the retailer in its south-China expansion proj...

Hapag-Lloyd, Five Asian Liners Form New Shipping Alliance

Hapag-Lloyd AG, Germany’s top container shipping line, and five Asian carriers will form a new vessel-sharing alliance to take on bigger rivals amid...

UPS Earnings Exceed Analyst Estimates On Strong US Results

United Parcel Service Inc.’s first-quarter profit exceeded analysts’ expectations, helped by a strong supply of US packages. Earnings exclud...

Adecco Shrugs Off Brexit Risk To Buy Penna For $149 Million

Adecco SA, the world’s largest provider of temporary staff, agreed to buy Penna Consulting Plc for about £105.3 million ($149 million) as...

Amazon Expands And Strengthens Logistics Operations In China To Cut Costs

Amazon is expanding its logistics operations in China as part of efforts to control the cost of shipping, in a move that some analysts say could help posit...