Collaboration in the UK logistics sector
Competition is and always will be a major part of business. However in 2024, there’s a greater need than ever to collaborate them. Can you imagine your competition as your colleagues? Kirsty Adams reports.
Competition is and always will be a major part of business. However in 2024, there’s a greater need than ever to collaborate them. Can you imagine your competition as your colleagues? Kirsty Adams reports.
The start of 2024 has proved to be somewhat unexciting for Kuehne and Nagel. The logistics service provider’s just published Q1 2024 results show that, in the face of some quite volatile markets, the company saw its performance suffer.
With revenues of €771 million in 2023 and an EBITDA margin of 14%, Staci has delivered strong financial performance.
Daniel Křetínský has finally made his offer for Royal Mail. The Czech investor who has held 27.5% of International Distributions Services Plc (IDS) shares for several years, has made an offer for the holding company of the Royal Mail and GLS of UK£0.320 per share.
Flexible storage, automation and new recruitment methods. Will UK warehouses keep pace with ecommerce? Kirsty Adams reports.
Ti’s Warehousing Cost Index details that y-o-y cost growth has slowed substantially into Q4 2023, particularly in Western economies.
The situation in the Middle East has worsened. There are now threats both to sea and air freight transport across most of the region. It also appears that types of cargo beyond just container cargoes are threatened.
The logistics infrastructure of South East Asia continues to develop, even if its progress is politically controversial. For example, Port Klang, in Malaysia, is embarking on its plan to double container handling capacity from 14m TEUs at present, to 27m TEUs in 15 years time and increase the number of container terminals from 9 to 17.
The situation in the Red Sea may be deteriorating. A series of media reports are stating that the Houthis have launched missile attacks against several different ships in the Red Sea, off the coast of Yemen, and in the Indian Ocean.
The Grand Faw Port project aims to connect east to west via a large port in Basra, a land road to Turkiye, in addition to a railway link to Europe.
Wincanton announced that it is set to acquire Invar Group Limited (Invar), a UK-based specialist in warehouse execution software, automation and controls.
The European Union’s attempt to force companies to adopt more stringent ethical and environmental due diligence in their supply chains looks as if it will finally be successful. After years of debate and negotiation, the EU Council voted to adopt the Corporate Sustainability Due Diligence Directive (CS3D) on March 15 2024. Members will now have two years in which to transpose the law into national legislation.