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DKR65 million loss but Leman still smiling

Danish transport and logistics company Leman says its 2023 annual results show a loss of DKR 65 million but says this corresponds to its investment during the year. The latter includes new offices in new countries, more than DKR50 million in new storage facilities in Taulov and a double-digit million amount in IT systems. Group chief financial officer, Michael Schrøder, said it had been: “A challenging year for the entire industry, ... [+]

Geopost sells stake in home delivery firm to Rhenus

German-owned logistics firm Rhenus has acquired 15% of the shares of French logistics service provider C Chez Vous from Geopost, with the latter retaining 80%. The new structure will enable C Chez Vous to benefit from Rhenus’ position in the European home logistics market. C ... [+]

Competition watchdog to probe GXO’s Wincanton takeover

The UK’s Competition and Markets Authority has launched an investigation into the completed acquisition of Wincanton by GXO Logistics. The CMA said that it has reasonable grounds for suspecting that arrangements are in progress or in contemplation which would result in the two companies ceasing ... [+]

Descartes buys BoxTop

US logistics software company Descartes Systems has acquired Winsdor, UK-based BoxTop Technologies, for about £10.25 million. BoxTop helps its customers managed secure and efficient movement of goods from quoting through to routing, booking, and final delivery and is already a Descartes partner, using the latter’s Global ... [+]

Forth Green Freeport is go

Forth Green Freeport is open for business and its three tax sites at Grangemouth, Rosyth and Mid-Forth (Leith and Burntisland) are live as of 12 June following approval from the Scottish and UK Governments. The public / private consortium, which is chaired by Dame Susan Rice ... [+]

Logistics UK calls for Minister of Supply Chain

Logistics UK is urging all political parties to include its call for the appointment of a Minister for Logistics and Supply Chain in the next government in their election manifestos, Chief executive David Wells said that investment and growth in the logistics industry would bring dividends ... [+]

ASM helps trade prepare for Customs onslaught

Freight software firm ASM says it is offering additional support to help companies prepare for a fresh wave of Customs rules dealing with post-Brexit trade. In addition to adapting to HMRC’s new Customs Declaration Service (CDS), the final cutover for which is 4 June, traders will ... [+]

Border ambitions fall well short of reality, says BIFA

Aspiring to create the most effective border in the world is worthy – as announced by the UK Government in December – but delivering it is a long way off said the British International Freight Association (BIFA) in its response to a National Audit Office ... [+]

Multimodal registrations jump by a third

This year’s Multimodal has seen a 33% increase in visitor registrations, says the organisers of the show which takes place on 11-13 June at Birmingham’s NEC. Its popularity has also driven an increase of 17% in exhibitors with a spike in attendance from shipping lines, technology ... [+]

Trade bodies issue urgent ICS2 alert

Global and European trade associations representing shippers, forwarders and vessel operators have issued an urgent alert to all businesses moving goods into or via the European Union, Norway, Switzerland or Northern Ireland, by sea, road or rail to be ready for the new Import Control ... [+]

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