Business
Port operator DP World’s Trade Finance arm has signed a partnership with business payments platform MODIFI. The two companies are now offering API integration for transaction operations and will facilitate access to working capital for emerging-market small and medium-sized enterprises. The integration will reduce time taken to onboard companies, credit approval and financing transactions and provide working capital to clients.
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German owner-managed forwarder Röhlig Logistics says it has significantly increased its earnings in 2022, based on preliminary figures. Managing partner Philip. Herwig said the company had increased EBIT earnings from €61 million to €84 million will all core business areas including ocean freight, air freight ...
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AP Moller-Maersk said it “delivered extraordinary financial performance” in its 2022 results, with revenue up 32% to US$81.5bn, and EBIT earnings increased 57% to $30.9bn. This was driven by solid performance across all businesses during the abnormal market conditions in the first part of the ...
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Mergers and acquisitions in the UK logistics and supply chain management sector remained lively in 2022, despite activity falling from a record in 2021, says accountancy and business advisory firm BDO.
Moreover it added, in a fourth quarter report published on 10 February, 60% of deals ...
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Britain’s beleaguered importers and exporters are facing some of the most significant challenges of all businesses, says broker ParcelHero. The Government’s Office for National Statistics (ONS) Business Insights survey revealed that 41% of companies trading overseas reported significant challenges, particularly rising transport costs with 29.6% ...
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Organisers of the Multimodal freight show and conference in Birmingham say that 2023 is on track to be the biggest event yet.
Visitor demand for the exhibition – which takes place on 13 –15 June at the NEC - has prompted early opening for registrations, resulting ...
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FDS hopes to gain approval for its purchase of Northern Ireland-based McBurney Transport Group in the first quarter of the year, said chief executive Torben Carlsen.
Speaking at a press conference to announce the Danish ferry and logistics giant’s annual results on 9 February, he said ...
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DP World has become an official partner of the McLaren Formula 1 Team. The global port and logistics operator willing use its smart solutions will bring clarity and simplicity to McLaren’s complex supplier network
It also gives DP World with a global platform to engage with ...
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DHL eCommerce Solutions, the e-commerce logistics specialist of Deutsche Post DHL Group, has signed an agreement to buy part of the equity of the Polish subsidiary of Cainiao Network, the logistics arm of Asian online retailer Alibaba Group. In the first phase following the transaction, ...
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Logistics UK members met Minister of State for Northern Ireland, Steve Baker MP, to discuss key issues facing logistics in Northern Ireland at its Freight Council in Belfast on 2 February.
Head of trade and devolved policy, Nichola Mallon described it as a valuable opportunity to ...
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