Logistics

Geopolitical Upheaval And Legislative Change: More Turmoil For Shipping?

The maritime sector has been beset with disruption recently – geopolitical, legislative and climactic. Lena von Fritschen, director, market inte...

Dutch Discount Retailer Enters Portugal, Eyes Further Expansion

Dutch discount retailer Action has opened its first store in Portugal, in Vila Nova de Gaia, with three more openings planned in the north of the country l...

Kuehne+Nagel's Annual Operating Profit Nearly Halves

Swiss logistics group Kuehne+Nagel reported a bigger-than-expected 49% drop in annual operating profit, citing weaker performance across nearly all its seg...

UK Retailer Sainsbury's Plans To Cut 1,500 Roles

British supermarket group Sainsbury's said it plans to cut about 1,500 roles, as it seeks cost savings to invest back into the business.

North Macedonia’s KAM To Boost Sustainability Efforts With €6m EBRD Loan

The European Bank for Reconstruction and Development (EBRD) has approved a €6-million loan for North Macedonia retailer KAM to support its expansion p...

France's CMA CGM Unit Raises Offer For UK's Wincanton

CEVA Logistics, a unit of French shipping firm CMA CGM, raised its offer to buy Wincanton to about £604.7 million ($766.2 million), hoping to fend of...