Logistics

Maersk Posts Second-Quarter Profits Above Forecast, Adjusts FY Guidance

Shipping group A.P. Møller-Mærsk has reported second-quarter earnings above expectations, and adjusted its profit guidance for the full year u...

Covirán Appoints Esteban Gutiérrez Lizancos As Director General

Spanish retail cooperative Covirán has appointed Esteban Gutiérrez Lizancos as its new general director.

Russia Will Return To Black Sea Grain Deal When Its Interests Are Upheld: Kremlin

The Kremlin has restated its position on the Black Sea grain deal, saying it was ready to return to it "immediately" once the part...

Russia's X5 Buys Victoria, Deshevo Stores In Kaliningrad Region

Russian retailer X5 Group said it had agreed to acquire Victoria and Deshevo stores operated by Victoria Baltia in the Kaliningrad region, a Russian exclav...

Logistics Firm DSV Hikes Profit Guidance After Strong Q2

Denmark's DSV, the world's third-largest freight forwarder, raised its full-year profit guidance earlier this week on the back of stronger-than-expected se...

Lidl Spain To Open 20 New Stores In 2023

Lidl Spain plans to increase purchases and exports of Spanish products and focus on further growth by investing around €230 million to add 20 new stor...

Kuehne+Nagel's Q2 Operating Profit Halves As Challenging Environment Persists

Swiss logistics group Kuehne+Nagel has reported a 51% drop in second-quarter operating profit, as industry conditions deteriorated due to a challenging eco...