Logistics

Hormel Foods Beats Market Expectations On Demand For Higher-Priced Meats

Hormel Foods beat market expectations for second-quarter profit and raised the lower end of its full-year earnings as the Wholly dips maker sees steady dem...

Nordzucker Reports Sharp Rise In Profits, Warns On Harder New Year

Germany's second largest sugar refiner Nordzucker reported a 79% surge in annual profits but cautioned a falling market could pressure results in the new y...

Shipping Group CMA CGM Gets Q1 Boost But Sees Overcapacity Looming

CMA CGM benefited in the first quarter from a rebound in demand for consumer goods and higher freight rates linked to Red Sea disruption, but expects an in...

Edeka Minden-Hannover Reports Growth In A Challenging Market

Edeka Minden-Hannover has reported sales growth of 6.6% to around €12.0 billion in its financial year 2023 amid challenging market conditions.

Sugar Market Equilibrium Masks Significant Supply Risks

The global sugar market faces supply risks that may wreck the current equilibrium with low stocks reducing its resilience.

Checkpoint Systems Streamlines Adoption Of RFID For Quick-Service Restaurants With Tyfung Inlay

Checkpoint Systems' RFID portfolio – the Tyfung inlay – has officially secured ARC Spec Z accreditation, proving its credentials for Quick-Serv...

Lidl Expands Operations In Portugal, Croatia

Lidl Portugal has opened its sixteenth supermarket, which is also its first within a revamped sports complex.

Maersk Posts First Quarter Profits Above Expectations

Shipping group Maersk has reported first-quarter earnings above expectations and lifted the lower end of its full-year profit guidance range, supported by...