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...“The diversification into logistics also helps because it is less capital-intensive and less cyclical.”...
...“Seattle is a logistics business. It is grind and detail and logistics, and that is what has been missing there over the past 12 months,” O’Leary said....
...However, it faces fierce competition from rivals such as Amazon Logistics....
...In the short term, it is targeting sales among China’s logistics operators, and claims to have dozens of partnerships and trial projects already under way, including with ZTO Express, one of the country’...
...Wincanton is one of the few remaining independent listed logistics companies on the London Stock Exchange....
...“The offer is an absolute joke and I suspect he knows that,” one leading shareholder told the Financial Times....
...But like so many things in complex systems such as transport and logistics, they are in fact connected, often in unexpected ways....
...Beyond meeting its own logistics needs, Amazon’s third-party shipping service could mushroom into a new business area akin to its cloud computing....
...The company blamed several factors including port congestion, the Cape diversions and the end of the lease on one ship for the declines....
...While the figure was 36 per cent above that for January 2023, it would not fill one of the largest modern container ships, which carry 24,000 TEUs each....
...We’re in an environment that’s very volatile, very uncertain,” Fernandez said, adding that one bright spot was that trade volumes were picking up....
...One car logistics expert said many of the unloaded vehicles were simply staying in the ports until they were sold to distributors or end users....
...The digital component of transport and logistics is arguably as crucial to security and commerce as what gets made in shipyards....
...“More stringent regulation means you might drive people to areas where there is less regulation,” one European airline executive said. “It is a concern,” said another....
...Container lines, which handle movements of manufactured goods and components, mostly offer one service a week on their most popular routes....
...Container ships are the main means of worldwide transport for finished and semi-finished goods....
...In one corner of the hub, a conveyor belt throws small parcels down chutes into cages devoted to individual local delivery offices....
...The companies who used flexible contracts most heavily — concentrated in transport and logistics, retail and hospitality — were also more likely than low users to cite cost-cutting as their main motivation...
...Chief financial officer Brian Newman said that the macroeconomic environment “showed improvement” in the fourth quarter, but “the transportation and logistics sector conditions remained under pressure both...
...Logistics accounted for roughly 45 per cent of CMA CGM’s revenues, Saadé said, although the group is yet to close its €5bn acquisition of the logistics business of French billionaire Vincent Bolloré....
...Additional reporting by Eung Sea A version of this article was first published by Nikkei Asia on March 12. ©2024 Nikkei Inc. All rights reserved....
...“While we don’t like increasing fees, it’s one step we are taking to return our company back to profitability and cover the increased costs of transporting bags.”...
...The British Chambers of Commerce; Logistics UK; the Food and Drink Federation; the British Retail Consortium; the Cold Chain Federation; the Horticultural Trades Association and the Institute of Export &...
...We’ve seen how action around Chinese steel and aluminium dumping has morphed into worries about critical minerals, electric vehicles and more recently transport and logistics, which brings into question...
...Letter in response to this article: Shipping lives with arcane world of geopolitics / From Enrico Vergani, Partner and Lead on Shipping, Transport & Logistics, BonelliErede (lawyers), London EC4, UK...
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