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...The abandonment of the bid is a setback for CMA CGM’s efforts to develop a stronger logistics function to complement its core shipping business....
...Wincanton is one of the few remaining independent listed logistics companies on the London Stock Exchange....
...“Market conditions currently are just not in a state where we believe we can really truly reflect the true intrinsic value of these businesses,” he said....
...Zara owner Inditex said it would spend nearly €2bn to build more logistics “muscle” as it announced accelerating sales growth that pushed its shares to a record high....
...The failure to ensure that the UK’s two, multibillion pound carriers had this logistics support was symbolic of the Royal Navy’s threadbare state, serving and former officers and military analysts said....
...James Wroath, chief executive of Wincanton, said the deal would enable “the pursuit of both existing and new growth opportunities”....
...Lawrence A RandManaging Director, 55 Pine Street LLCVisiting Professor of Economics, Brown University, Weston, MA, US...
...777’s woes leave Everton in limbo and cast uncertainty over a number of clubs across Europe and South America that the investment firm owns....
...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....
...Thani bin Ahmed Al Zeyoudi, the UAE’s minister of state for foreign trade, says that it is pursuing “government to government” engagement on minerals and that there is “a lot of focus on the African continent...
...“If all of sudden there was some legal ruling in the United States that said there was an issue with Shein or some other ecommerce company in . . . China that would have an impact.”...
...About half of funding should come from both banks and state agencies such as Export Finance Australia....
...States such as Florida are becoming uninsurable, as providers pull out of the market altogether....
...elites signal they’re in touch with Real America....
...LondonMetric’s all-share offer for LXi REIT, at the start of the year, will bring the urban logistics owner together with LXi’s diversified portfolio with a market value of just under £4bn....
...He rightly reminds the reader of the importance of logistics, of creating a “war economy”, focused on the production of arms, and for Ukraine of its supporters keeping it supplied with equipment and ammunition...
...Talks are under way between Qatar, the US and the Jewish state to secure the release of as many as 50 civilian hostages, said a person briefed on the situation....
...The chief executive of business group Logistics UK said pushing back decarbonisation deadlines is “the last thing industry needs” and will “discourage” private investment in the UK....
...The logistics hub is in an industrial area of warehouses, which has access to the airport’s airfield....
...Amazon is investing $115mn in exchange for a minority stake in the television networks that screen some of America’s biggest sports....
...A expected jump in the number of car-carrying ships is set to flood ports with vehicles, making congestion at terminals even worse, the head of the industry’s biggest shipping line has said....
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