Conf call redux: does Kuehne + Nagel know its toys from its teus?
Yo bro, where’s the growth?
A February fire at Ocado’s Andover facility is expected to cost the online grocer somewhere in the region of £100m. The Guardian reports this contributed to the £143m loss reported in its six-month figures to June. However, the fire, at the site which Ocado claims provides around 10% of its delivery capacity, was apparently shrugged off by investors, with shares climbing more than 5%. However, it reportedly put a damper on Ocado plans for expansion as it looks to embark on a new relationship with Marks & Spencer – which replaces its existing grocery delivery deal with Waitrose next autumn.
Image: andoverandvillages.co.uk
Etail by air – here to stay or on a short shelf life?
HMM sees opportunities in Hapag-Lloyd’s exit from THE Alliance
The rise and rise of China's ecommerce platforms
Legal battle heats up over 'unseaworthy' and 'reckless' MV Dali
DSV chief reticent on Schenker: the focus on growing market share
Increasing scrutiny could stall rise of ecommerce platforms, as TikTok faces US ban
Another strong month for US ports as container flows continue to rise
MSC redeploys 'Israel-linked' box ships away from Persian Gulf
Alex Lennane
email: [email protected]
mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
email: [email protected]
Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
Comment on this article