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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....
...A recent effort to “regionalise” the US network — which involved restructuring the national parcel packing, sorting and delivery hubs, as well as its transport fleet, into eight regional networks — meant...
...It has been on an acquisition spree in logistics in recent years, helped by massive profits earned during the pandemic....
...CMA CGM’s bid for Wincanton was made by its subsidiary Ceva Logistics, a logistics company that it acquired in 2019....
...A typical journey from Shanghai to New York around the Magellan Strait at the southern tip of South America, rather than via the Panama Canal, would take an extra 23.5 days, or 6,239 nautical miles (11,555km...
Warning from head of Wallenius Wilhelmsen comes as shipping capacity set to increase by 42% in three years
...But like so many things in complex systems such as transport and logistics, they are in fact connected, often in unexpected ways....
...Enrico Vergani Partner and Lead on Shipping, Transport & Logistics, BonelliErede (lawyers) London EC4, UK...
...UK-based logistics group Wincanton is at the centre of a bidding war, with an agreed buyer increasing its offer and a third party also considering a bid....
...Leriche said Getlink had invested €80mn in new border facilities, and has the space to handle the new logistics....
...EVTOL aircraft take off vertically, like helicopters, but then transition into fixed-wing mode for travelling at higher speeds, offering faster and more efficient transport than ground-based options....
...Many analysts reckon gas’s role in power generation could give it greater longevity than oil, which is heavily used for transport and emits more carbon dioxide when it burns....
...“If the last 10 years are any guide, the risk of [the turnaround’s] not coming through are high,” said Alexander Paterson, transport analyst at Peel Hunt.Even if successful with its bid, EP Group will need...
...Along with Scandinavian rival Höegh Autoliners and Japanese conglomerates NYK Line, MOL and K Line, WW dominates an industry that transports cars built in Japan, South Korea and China to markets in Europe...
...Germany’s DHL said requests to transport goods on the Russian rail corridor had jumped about 40 per cent since container ships started diverting via a longer route in December....
...Logistics now account for 15 per cent of CMA CGM’s core profits, compared with under 4 per cent a year earlier....
...The digital component of transport and logistics is arguably as crucial to security and commerce as what gets made in shipyards....
...“I’m sure the logistics companies will be using the fact we are using [the ships] for a longer time to negotiate the cost,” he said....
...Some Chinese brand EVs had been sitting in European ports for up to 18 months, while some ports had asked importers to provide proof of onward transport, according to industry executives....
...That left the former with the upstream business focused on gas exploration and production and the latter on storage and transport....
...Beyond meeting its own logistics needs, Amazon’s third-party shipping service could mushroom into a new business area akin to its cloud computing....
...Container ships are the main means of worldwide transport for finished and semi-finished goods....
...The extra distance meant a further headache for carmakers as his company would be able to transport fewer vehicles annually than if they were using the Red Sea....
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