In the realm of e-commerce logistics, acquisitions have become a quick route to establishing market presence. It’s a trend where innovative start-ups and seasoned specialists are frequently acquired by much larger global logistics players. Hardly a month goes by without the announcement of a major deal.
Chinese logistics giant Sinotrans had a 13.33% y-o-y drop in revenues to RMB 47,837m (€6,144m) in the first half (H1) of 2023. The January to June results also showed a 6.73% y-o-y drop in operating profits to RMB 2,172m (€278.99m).
Intermodal Europe 2023 has long been renowned as the European meeting point for the intermodal industry. This year’s agenda will open with the highly regarded Global Market Outlook panel, where experts from Sun Intermodal, Alphaliner, European Shippers Council, WorldCargo News and Seas at Risk are among names confirmed to provide a comprehensive outlook on the key issues facing the intermodal market in 2023 and beyond.
Amazon has taken another step forward in the development of its logistics services. Last week, the company announced the launch of a new product called “Supply Chain by Amazon” which it describes as “an end-to-end, fully automated set of supply chain services
Prologis is optimistic about the prospects for the logistics property market. In a just-published view of the market in the US, the logistics property developer has identified a number of drivers that it thinks will continue to support both prices and utilisation of logistics property.
E-Cargobikes.com: Second-generation cargobikes Julia Swales talked to Alan Braithwaite, a Director of e-cargo bikes.com, and an advisory board member of The Foundation for Future Supply Chain, to find out what’s happening now, a year on from her last interview with CEO James FitzGerald. The first major change on this ‘journey’ is the transition to a …