Saturday 24th Feb 2018 - Logistics Manager

Viewing all International logistics articles

Profits rise at Channel Tunnel operator

  Channel Tunnel operator Getlink increased sales by four per cent last year to €1 billion while EBITDA was up six per cent at €526 million.

Baxter named Nottingham’s fastest grower

Baxter Freight has been named the fastest growing mid-sized company in Nottinghamshire in BDO’s Nottinghamshire Growth Barometer list which measures turnover growth of mid-sized firms in the county.

Maersk and IBM launch blockchain company

Maersk is joining forces with IBM to launch a company to use blockchain technology to offer a global trade digitisation platform built on open standards and designed for use by the entire global shipping ecosystem.

GEFCO acquires Morocco-Europe operator

GEFCO has acquired GLT, a European-Moroccan transport specialist to strengthen to take advantage of the growth in trade between Europe and Morocco in the automotive, retail, and  fashion industries.

Stena increases North Sea ro-ro capacity

Stena Line is increasing capacity on its Rotterdam-Killingholme ro-ro service from January with the introduction of two new ships, the MV Misida and MV Misana.

Alibaba to invest $15bn in logistics

Alibaba, the giant Chinese online retailer, is to invest RMB100 billion ($15.2 billion) over the next five years to further strengthen its global logistics network so that it can fulfil orders in China within 24 hours and worldwide within 72 hours.

56pc revenue rise at Xpediator

Xpediator plc, parent company of Delamode, increases turnover by 56 per cent to £49.1m in the first half of 2017, while operating profit was up 24 per cent to £1.3m.