A portfolio of five major distribution centres located across the UK has been sold to a fund managed by ICG Real Estate, part of ICG plc, a London Stock Exchange-listed global ...
13hon MSN
Equites Property Fund sells its UK distribution centres for R4.47bn, focuses on South Africa
Equites Property Fund has divested its five UK distribution centres for £200.5 million, allowing the company to refocus on ...
In 2026, labor shortages and rising costs have made automation a necessity, with AI-driven cobots, humanoids, and IT-OT convergence transforming manufacturing and logistics. From Agentic AI enabling ...
Foot Equivalent Units—fell 3.2% sequentially, compared to March’s 2,353,611 TEU, its fourth-highest monthly tally on record, ...
GXO Logistics (NYSE:GXO) reported a stronger first quarter of 2026 and raised its full-year profit outlook, as executives pointed to growth in new business wins, a record sales pipeline and early ...
LM Group News Editor spoke with GXO Chief Executive Officer Patrick Kelleher about the company's quarterly results, and other ...
Maersk is enduring $500 million in monthly cost hikes from the Iran war, offset so far by rising spot rates and surcharges.
Logistics stocks plunged on the announcement on Monday, and one of the hardest-hit companies was GXO Logistics ( GXO +0.12%), ...
The contract logistics provider posted revenue of $3.3 billion in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $3.22 billion. GXO Logistics expects full-year ...
When a small-sized firm that raised cash by selling shares tries to buy a company four times bigger, investors may arbitrage.
Plus: Oil surges ahead of RBA call; Labor pulls plug on full EV tax break; Amazon opens logistics empire to the world.
The steady global growth of the healthcare 3PL market is primarily attributed to the growing pharmaceutical industry, rising demand for biologics ...
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