Business
FedEx has reported first quarter revenue figures (ending August 31) marginally lower at $21.6 billion compared with $21.7m in same period of 2024 while operating margin was down from 7.3% to 5.6% It said results were negatively affected by reduced demand for priority services, increased demand for deferred services, and constrained yield growth. In addition, higher operating expenses and one fewer operating day negatively affected the quarter’s results, although this ...
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The government has delayed introduction of customs checks on traffic from Great Britain to Northern Ireland that were set to come into effect from 30 September under the Windsor Framework, reports Logistics UK.
Head of trade at the business group, Nichola Mallon, said the industry was ...
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German-based transportation management platform Transporeon – now owned by the US Trimble Group – is offering a freight audit service.
Freight Audit SelfService is described as an easy-to-use freight cost settlement and billing solution, designed to replace the “patchwork of spreadsheets and emails to process and ...
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Belgian postal operator Bpostgroup has acquired UK and European fulfilment provider Staci for £1.3bn as part of its plan to become a leader in e-commerce and omnichannel fulfilment.
Staci UK has a presence in the US, Europe and Asia. Bppostgroup says the partnership will allow it ...
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HM Revenue and Customs (HMRC) has launched a competitive procurement exercise for the next phase of the Trader Support Service (TSS) for businesses moving goods between Great Britain and Northern Ireland.
It said the procurement exercise will begin by early 2025, to deliver ongoing support for ...
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The government has re-extended the deadline for introduction of import checks on medium-risk fruit and vegetables from the EU which were due to be introduced in January 2025 to 1 July 2025.
Products will not be subject to import checks at the GB border or charged ...
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CMA CGM has launched Startup Awards for new companies in maritime transport, logistics, and media, in collaboration with BFM Business and La Tribune.
Entrepreneurs worldwide in these three sectors are invited to apply via the website of ZEBOX, the international accelerator initiated by CMA CGM group ...
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German rail group Deutsche Bahn has signed an agreement to sell DB Schenker forwarding arm to Danish owned logistics giant DSV for € EUR 14.3 billion, or €14.8bn including expected interest.
DSV said that the combined companies will have an expected revenue of about €39.3 billion ...
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Forth Green Freeport (FGF) has submitted its Full Business Case (FBC) to the Scottish and UK Governments, described as a major step in the process of unlocking around £25 million of seed funding capital for key underdeveloped sites.
The submission will now be reviewed by both ...
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Europa Road’s Belgian arm, Ostend-based Europa Road NV says it handled a record number of consignments in July.
Europa Road NV exceeded its previous best month with a 30% increase in shipments for July – a record since the launch of its dedicated sales team in ...
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