Amazon cancels Chinese orders and eyes US expansion
US consumers may find there is less choice come Christmas, after Amazon cancelled some orders ...
On the heels of the agreement to take over Duke Realty for $26bn, warehousing behemoth Prologis sees only a minor slowdown in the market – and has upped its guidance for the year.
It anticipates net earnings per share of $5.15 to $5.25 this year, 5.6% higher than the midpoint of the range predicted in April, when management then upped its guidance by 10%, in the wake of first-quarter results.
“The pandemic drove record demand for the past two years, which translated ...
European port congestion now at five-to-six days, and getting worse
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