Logistics

Maersk Reports Lower Container Volumes, Keeps Full-Year Guidance

Shipping group Maersk has reported first-quarter earnings above expectations and maintained its profit guidance for the full year even as container volumes...

Kuehne+Nagel Profit Falls Yet Beats Forecasts, In 'Challenging' Markets

Freight forwarder Kuehne und Nagel's operating profit fell 45% in the first quarter, but exceeded forecasts, as markets and supply chains recovered from pa...

Danish Logistics Firm DSV Eyes Recovery In Global Trade Volumes

Denmark's DSV has predicted a recovery in global trade volumes after the firm surpassed profit forecasts in the first quarter despite seeing lower volumes...

Pernod Ricard Upbeat On Q4 As Consumer Demand Recovers In China

French spirits group Pernod Ricard reported a bigger-than-expected decline in third-quarter sales but said it was confident of delivering a strong performa...

Philip Morris Trims Annual Profit Forecast On Elevated Costs

Marlboro maker Philip Morris International Inc cut its full-year profit forecast on Thursday, hit by rising tobacco leaf prices, energy and labour costs.

EBRD Provides Loan Of €20m To Kosovo’s Proex Shp

The EBRD has approved a €20-million loan to Proex Shp, one of Kosovo’s largest retail chains, which operates 34 stores under the Interex banner.

Rimi Lietuva To Build New Logistics Centre In Elektrėnai

Rimi Lietuva has entered into a partnership agreement with the real estate development company Darnu Group for a new logistics centre in the Baltic States.