Business
NTG Nordic Transport Group has acquired Danish-based DTK BE. The company provides part-load, full-load and temperature-controlled transportation plus logistics services in its home country and the UK, Germanyand Sweden. DTK’s general cargo and warehousing services will cooperate closely with NTG Road while DTK’s temperature-controlled transportation division will continue independently, supported by NTG.
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Hapag-Lloyd Group says its EBITDA earnings rose to $5.0 billion in 2024 but, at $2.6 billion, profit was below that of the prior year, particularly owing to lower interest income and higher tax expenses.
Liner Shipping transport volumes rose by 4.7%, to 12.5 million TEU (2023: ...
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HMRC has confirmed that implementation of the next phase of the Windsor Framework will be delayed from 31 March until 1 May.
Meanwhile, Logistics UK head of trade and devolved policy, , Nichola Mallon, urged the government to use the time to maximum effect and continue ...
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Northern Ireland’s trade with GB is struggling to overcome challenges posed by the regulations imposed by the Windsor Framework said Logistics UK head of trade and devolved policy Nichola Mallon, giving evidence to the Northern Ireland Affairs Select Committee.
She said there is a lack of ...
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DP World’s revenue for the year ended 31 December 2024 grew by 9.7% to $20.0 billion and adjusted EBITDA earnings rose 6.7% to $5.5 billion. Revenue growth was mainly due to improved performance from ports and terminals and contributions from new acquisitions and concessions. Ports ...
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Ending of de minimis exemptions for China could cause far greater disruption than US tariff hikes, says David Taylor, director of operations at UK e-commerce consultancy, Mark 3 International.
He says that de minimis thresholds are set by each country and imported goods below those values ...
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Global trade will still grow even if all tariffs proposed during President Trump’s election campaign are implemented, and other countries retaliate, said DHL in the latest edition of its Trade Atlas, published on 12 March. However, the tariffs could significantly reduce the rate of growth, ...
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The WCAworld network’s Worldwide Conference attracted a record attendance for the second consecutive year. It brought together 4,700 freight forwarders from 179 countries over five days, with over 80,000 one on one meetings, reinforcing the vision of WCAworld chairman David Yokeum, who has long championed ...
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A lack of consultation time is forcing fresh produce traders to comment on vital matters without access to crucial information, says Seafrigo chief executive, Mike Parr.
It follows a meeting on 6March set up by the Fresh Produce Consortium for industry members to discuss with Defra ...
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EV Cargo reported EBITDA earnings growth of 84% to £53.3 million, with revenue up 8% to £848.7 million over 2023. Its Global Forwarding & Technology arm, which represents 68% of EV Cargo’s gross profit, increased by 20% as compared to 2023. EV Cargo has completed ...
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