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...Global demand for products from these platforms is causing capacity shortages at airlines and freight forwarders, and raising airfreight costs....
...This does not include some of the group’s latest acquisitions, such as a €5bn deal for the logistics business of French billionaire Vincent Bolloré, and the purchase of British delivery and warehousing company...
...Its latest came on Friday via its CEVA Logistics unit, which has agreed to buy Wincanton in a deal that values the British delivery and warehousing company at £765mn....
...A joined-up approach will become yet more important when the country attempts to decarbonise long-haul freight, an endeavour for which the UK lacks even the logistics data to start planning properly, argues...
...Some of the companies have also targeted groups typically unloved by employers such as ex-convicts and army veterans to help fill vacancies in warehousing and haulage....
...The challenge for Maersk is growing its logistics business at scale, he says, since freight forwarders control as much as half of the world’s container cargo....
...On top of this, it has made several acquisitions such as $3.6bn for LF, a $1bn push into air freight last November and a $1.7bn deal this year for a US logistics group....
...the global freight business from within LF....
...Emile Naus, who leads operations team at the consultancy BearingPoint, says logistics and warehousing companies have become better at managing the capacity they do have....
...“The agreement involves the sale of Toll Global Logistics warehousing and trucking operations across the USA,” said Toll in a statement....
...warehousing, could be overwhelmed, adding more pressure to an already stretched global supply chain....
...NAS is a Kuwait-based subsidiary of freight and logistics group Agility Public Warehousing, and argues a tie-up makes sense, given the limited geographical overlap of the two businesses and the fragmented...
...Menzies described the bid from NAS, a subsidiary of freight and logistics group Agility Public Warehousing, as “opportunistic”....
...Last year alone it bought South Africa’s Imperial Logistics for $2bn and US warehousing company Syncreon for $1.2bn....
...Whether it contains a sofa or an iPhone, a package’s journey will usually involve several independent businesses, from huge shipping companies to freight forwarders, warehousing groups, and last-mile delivery...
...“A buffer is a nice word for overcapacity” — a development important to future demand for warehousing run by the likes of Seko or GXO Logistics....
..., warehousing and road systems....
..., warehousing and green energy, including manufacturing for wind farms, for example....
...Freight and US warehousing costs accounted for the biggest hit, said Tim Warrillow, chief executive....
...“Logistic networks are taxed, whether it’s the trucking and warehousing here in the US or ocean freight coming from Asia to the rest of the world,” chief executive Noel Wallace said on Friday....
...But Maersk has eschewed big orders and is instead looking more at expanding in warehousing, distribution and air freight....
...The latest Logistics Managers’ Index showed US warehousing prices at an all-time high....
...” of its logistics and services business — a unit that last year more than doubled its earnings before interest, taxes, depreciation and amortisation to $470m....
...Deere said labour is one of the biggest challenges, “whether it’s warehousing or truck drivers or port labour”....
...What is notable in the US is the number of transport (especially in trucking) and warehousing jobs on offer....
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