Monday 19th Aug 2019 - Logistics Manager Magazine

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CMA calls for comments on Amazon-Deliveroo deal

The Competition and Markets Authority is considering launching a full investigation into plans by Amazon to take a stake in Deliveroo, on the basis that it might result in a substantial lessening of competition.

Profits rise 17 per cent at Maersk

AP Moller – Maersk increased EBITDA by 17 per cent to 1.4 bn in the second quarter, on revenue up slightly at $9.6bn.

DFDS cuts growth forecast

DFDS has cut its growth forecast for the year by four percentage points, blaming uncertainty over Brexit which it says is currently reducing UK trade and visibility.

Shapps is a man we can do business with – RHA

Grant Shapps, who has taken over as transport secretary from Chris Grayling, has a “totally different, pro-active” approach, according to RHA chief executive Richard Burnett.

Brexit plans hit profits at Waberer’s

Waberer’s, the giant Hungarian logistics operator, has blame a 6.4 per cent sales fall on lower volumes in the aftermath of the end-March Brexit date, which offset growth in the rest of the business.