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...IDS is comprised of Netherlands-based parcels business GLS and the UK’s Royal Mail, the postal service and courier company....
...The operator of the Channel Tunnel has offered €50mn in support to encourage companies to open new cross-Channel rail services to rival Eurostar....
...Wincanton specialises in providing distribution and other supply-chain services directly to companies. Wincanton did not immediately respond to CMA CGM’s announcement....
...French shipping specialist CMA CGM has agreed to buy Wincanton in a deal that values the British delivery and warehousing company’s equity at £765mn....
...CMA CGM’s bid for Wincanton was made by its subsidiary Ceva Logistics, a logistics company that it acquired in 2019....
...EP has until May 15 to make a firm offer for IDS under UK rules governing takeover bids for public companies....
...The French company’s bidding vehicle, Ceva Logistics UK Rose, said on Monday that it had received firm commitments to accept its bid from investors holding 16 per cent of Wincanton’s shares, while investors...
...of service,” Xie said....
...While EP Group also holds some 30 per cent of PostNL, the Netherlands’ legacy postal service, a potential takeover of IDS would mark the first logistics business that Křetínský controlled....
...But after years of budget cuts the once-powerful Royal Navy will need its allies to provide many of the additional vessels needed to form a carrier strike group — in particular a key logistics ship....
...Big share moves in Europe today include Denmark-based container logistics company AP Møller-Maersk, French telemarketing and tele-services provider Teleperformance, Danish audio tech company GN Store Nord...
...Kristoffersen said that, unlike some other parts of the shipping industry, car-carrier lines had not been able to bring in spare, unused ships to maintain the same service frequency of services....
...Amazon’s logistics-as-a-service offering — which allows other retailers to use the company’s huge transport, storage and delivery network — was also “growing very significantly”, said Jassy....
...Cargotec: Shares in the Finland-based container logistics company soared 13 per cent after it posted its strongest ever quarterly results, including an order book of €1.7bn....
...Beyond meeting its own logistics needs, Amazon’s third-party shipping service could mushroom into a new business area akin to its cloud computing....
...He stressed that the company made no “promises on future profits” as it depended on the pace of investments....
...A huge fire broke out on Friday at a factory in Berlin owned by the arms company Diehl, which also supplies Ukraine....
...There were CEOs at Royal Mail and GLS, its Netherlands-based logistics business, and a chair for the overall group....
...) among all awarded companies in each sector and service area received a gold rating...
...Logistics and transportation company ISO Tank Management and waste management business Skrya, in third and 10th place in the ranking respectively, are based in the city-state....
...Grosvenor, the Duke of Westminster’s property company, is taking a big bet on flexible workspaces to meet West End office tenants’ post-Covid requirements and generate higher returns....
...Some logistics companies offer a “southern route” that avoids Russia, going via Kazakhstan, Azerbaijan and Turkey....
...It has a sizeable war chest of more than $100mn and a portfolio that includes logistics company Kobo360 and software training group Andela, which has also received investment from the Chan Zuckerberg Initiative...
...The company plans to offer seven-days-a-week delivery of parcels — as it does now — even if its regulator Ofcom allows it to cut back some other services....
...Their decision means that nearly all big car car-carrier operators have now switched their Asia to Europe services to the longer route round the Cape of Good Hope....
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