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The post Daily Infographic: Descartes sees ‘no end in sight’ for elevated supply chain investments appeared first on FreightWaves.
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Remember when Amazon last year scaled back its facility footprint amid an overbuild and an economic...
https://www.freightwaves.com/news/amazon-expands-same-day-delivery-invests-in-driver-safety
Outlook 2023 The outlook for EBITDA of DKK 4.5-5.0bn before special items includes continued growth but also assumes a European economic slowdown, negative impacts from the war in Ukraine, and overcapacity on the Channel. Revenue is therefore overall expected to remain at the same level as 2022....
Burrell Aviation, a new venture offering cash-strapped secondary airports a unique model of private-sector financing and operational capabilities to spur development of cargo and other non-passenger infrastructure, has hired a former sales chief at Southwest Airlines Cargo to attract airfreight subtenants.
It’s even considering starting an express regional airline to round out a comprehensive airport service bundle aimed at enticing logistics companies.
The investment group appointed Dave...
https://www.freightwaves.com/news/burrell-aviation-taps-former-southwest-exec-for-cargo-push
Over the past two years, the logistics industry has gone through a long, transformative journey that has resulted in both positive and negative changes. As 2022 comes to a close, many believe the U.S. is in a recession, with a possible global recession not far behind. Meanwhile, inflation has reached heights not seen in four decades.
“There are a lot of factors happening in our market that are working against each other,” said Peter Rentschler, CEO of Metafora. “There are rising fuel and energy...
https://www.freightwaves.com/news/do-the-right-thing-no-matter-the-market
U.S. logistics just got its next big investor from abroad.
Spanish billionaire textile tycoon Amancio Ortega, the founder of clothing brands Inditex and Zara, revealed on Tuesday that his family investment company Pontegadea had purchased five logistics warehouses in the U.S. totaling about $722 million, Bloomberg reported.
Spanish newspaper El Pais reported that the properties are strategically located in five states — Tennessee, South Carolina, Virginia, Pennsylvania and Texas — and rented...
https://www.freightwaves.com/news/spanish-billionaire-just-bet-big-on-us-logistics
Amid recovering from two years of coronavirus pandemic restraints, the U.S. Port of Oakland has revealed its plans to invest in a renewed, smart and zero-emissions port. The post Oakland set to…
https://www.offshore-energy.biz/oakland-set-to-become-green-zero-emission-port/
AFMI 2021 reveals opportunities for sustainable development across Africa
Monday 25 October 2021 – Vol.12 Ed.43.1
Commentary: African markets must improve ESG integration
Absa Africa Financial Markets Index 2021
The AFMI report assesses 23 countries according to six pillars. Pillar 3 scores on the conduciveness of the regulatory environment for local and foreign investment, gauged through tax incentives, reporting standards and market transparency. On average, scores fell by 8.2 points. This is...
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