Supply Chain

LVMH Says 'Impossible' To Control Final Destination Of Products Sold By Third-Party Distributors

LVMH said it was 'impossible' to control the final destination of products sold by third-party distributors after a report said the French luxury group's c...

Maersk Sees Global Trade Growth Rising As Much As 7% In 2025, Says Exec

Maersk expects global trade growth rising as much as 7% next year, bolstered by strong demand from the United States where a potential port strike and tari...

Maersk France Warehouse Now Fully Operational

Maersk, the Danish shipping and logistics company, is now providing fulfilment services for one of the world’s leading e-commerce companies at a faci...

EU Delays Deforestation Ban But Discards Changes

Negotiators for EU institutions agreed a compromise on a ban on the import of commodities linked to deforestation, which will be delayed by a year but with...

JM Smucker Raises Annual Profit Forecast On Resilient Demand, Higher Prices

Jif peanut butter maker JM Smucker raised annual profit forecast and beat second-quarter estimates, benefiting from resilient demand for packaged and froze...

Hapag-Lloyd Keeps Recently Raised Outlook Despite Nine-Month Profit Drop

German container firm Hapag-Lloyd on Thursday posted a 47% drop in net profit for the first nine months of 2024 but retained its recently raised earnings o...

Lamb Weston Opens New Production Facility in The Netherlands

Lamb Weston, the global potato processing company, has opened a new production facility in Kruiningen, The Netherlands.

Amazon Developing Driver Eyeglasses To Shave Seconds Off Deliveries, Sources Say

Amazon is developing smart eyeglasses for its delivery drivers to guide them to, around and within buildings, as it tries to smooth the final stretch of an...