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Maersk has reported a 78 per cent fall in profit to $371m (£231m) in the third quarter despite a nine per cent rise in sales. It said both container and tanker activities faced difficult markets owing to excess supply of tonnage and a fragmented competiti

Tesco.com’s operations and development director Neil Ashworth has taken over as chairman of The Chartered Institute of Logistics & Transport in the UK

FedEx Express has launched a new operation in Northern Ireland, from a 20,000 sq ft facility at Kilroot Business Park in Carrickfergus, County Antrim which will create 52 new jobs

Electrical retailer Comet, which has been going through a major restructuring of its supply chain, is to be sold to private equity investors for £2

Food and grocery companies believe that lead times will fall over the next five years, according to research by IGD Supply Chain Analysis