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Ted Baker cuts supplier base and tightens stock buying cycle

Ted Baker has reduced the number of suppliers in its supply chain by a third, as it looks to concentrate negotiating power and buying efficiencies. In a statement to investors the fashion retailer said that its Spring Summer 2021 collection would be sourced from fewer than 100 suppliers, where it had previously over 150 suppliers,…

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‘High level of resilience’ at Kuehne + Nagel despite 8.7% Q2 turnover fall

Double-digit growth in air cargo turnover at Kuehne + Nagel helped to offset falls in sea, road and contract logistics during the second quarter of 2020. Turnover at the global 3PL  fell 8.7% in the second quarter, to CHF 4.9 billion (£4.1 billion) while first half turnover fell 7.5% to CHF 9.8 billion. EBIT fell…

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Chinas Changzhou National Hi-Tech-Bezirk erneuert Partnerschaft mit deutschem Großkonzern ThyssenKrupp

ThyssenKrupps andauerndes Vertrauen in das chinesische Investitionsumfeld und das Marktpotenzial zeigt sich in fünf Investitionen in fünf Jahren in Folge Der multinationale deutsche Konzern ThyssenKrupp erneuerte kürzlich seine Partnerschaft mit dem Changzhou National Hi-Tech District (CND) in Changzhou und stellt damit dessen fünfte Investition in Folge in diese chinesische Stadt dar. ThyssenKrupp entschied sich zukunftsorientiert…

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Wincanton opens Stafford DC for Screwfix

Wincanton has opened a 128,000 sq ft distribution centre in Prologis Park, Stafford, for Screwfix. The 3PL said that the DC was in addition to volume that Wincanton has taken on through its shared user network during Covid-19, and would look to support the delivery of seasonal products. Paul Taylor, contract general manager at Wincanton,…

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No-deal Brexit stockpiling hampered by Covid-19 economic impact

The coronavirus crisis has left many companies in a worse position to prepare for the end of the Brexit transition period on 1 January 2021 than they were ahead of a possible no-deal outcome in 2019, a think-tank has warned. According to the Institute of Government report titled ‘Preparing Brexit : The scale of the…

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Coface-Länderrisikobewertung: 71 Länder herabgestuft, Österreichs Wirtschaft stabil

Der Kreditversicherer Coface hat erstmalig insgesamt 71 von 162 Ländern und 134 Branchen in 28 Ländern herabgestuft. Österreich hat als eines der wenigen Länder seine Bewertung mit A2 behalten. Deutschland wurde von den Ökonomen auf A3 herabgestuft. „Viele Länder haben bereits mit dem Wiederhochfahren der Wirtschaft gestartet. Auf das Corona-Erdbeben folgt nun die Erholungsphase. Diese…

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Neu nach Totalumbau: Leiner Vösendorf eröffnet modernste Wohnwelten auf 10.000 m2

Das Team um Geschäftsleiterin Theresa Holzbecher hat hervorragende Arbeit geleistet. Kunden finden bei Leiner Vösendorf nicht mehr nur Möbel, sondern inspirierende Wohnwelten für jedes Bedürfnis sowie ein ausgewähltes Premiumsortiment österreichischer und internationaler Marken. Das Haus bietet jetzt alles, was das Einrichtungsherz höherschlagen lässt. In den vergangenen Wochen und Monaten blieb bei Leiner Vösendorf so gut…

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Xpediator back on track as volumes recover from Covid crash

Xpediator has said that its transportation volumes are moving back towards pre-Covid-19 levels, with trading in the first three months was slightly up on a like for like basis with a steady recovery since April.  It a statement to investors it said that trading for the first six months of the year had been assisted by…

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Offener Brief der Österreichischen Post an das Momentum Institut

Sehr geehrte Frau Blaha, mit großer Verwunderung haben wir den Medien Ihre Darstellung entnehmen können, wonach die Österreichische Post Briefkastenfirmen in Steueroasen betreiben würde. Zum Ausräumen von Missverständnissen dürfen wir festhalten, dass die Österreichische Post mit Unternehmensbeteiligungen in neun weiteren Staaten vertreten ist. Hierbei handelt es sich um eigenständige Unternehmen, die vor Ort operative Leistungen im…

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Digitale Messe Agro Food Tech Europe beginnt am 20. Juli

Die Agro Food Tech Europe wird als eine digitale Messe für Lebensmittel, Lebensmittelverpackungen und Agro-Technologien innovative Lösungen für die globalen Herausforderungen der Lebensmittelversorgung vorstellen, die durch die COVID-19-Krise entstanden sind. Die siebentägige Veranstaltung, die vollständig online abgehalten wird, wird ein Forum bieten, in dem sich Industrievertreter – aus Europa und anderswo – in einer sicheren…

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Logistics Manager Analysis: Supply Chain Visibility in 2020

Having a robust visibility plan can help to fix problems, or even mitigate risk entirely. Visibility can also provide insight into storage, inventor, and how trends are shaping consumer buying habits. Michelle Mooney examines why clear supply chain visibility has never been more needed. Supply chain visibility doesn’t just mean understanding what a product is,…

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Supply chain digitisation ’10 to 15 years’ behind, warns AI firm 7bridges

Logistics and supply chain is over a decade behind other industries, and needs to get “ahead of the curve” in order to compete with sector disruptors like Amazon, according the co-founder of 7bridges, an artificial intelligence-based software provider for supply chains. Speaking to Logistics Manager Phil Ashton, chief executive at 7bridges, said: “The whole of…

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VTG Rail Logistics Hellas und RCL – Hungaria verlängern ihre Kooperation

Die Führungskräfte von Rail Cargo Logistics – Hungaria und VTG Rail Logistics Hellas haben in Wien ein hinsichtlich der Bahnlogistik und des Umweltschutzes bedeutendes Kooperationsabkommen unterschrieben. Damit wurde die bisherige Zusammenarbeit mit Fokus auf Einzelwagenverkehr in die Balkan-Region um weitere drei Jahre verlängert. Das Dokument wurde im Namen von Rail Cargo Logistics – Hungaria (RCL…

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Logistics Manager Analysis: Are fashion supply chains unravelling?

With stores closed and consumers in lockdown, e-commerce alone has not been able to relieve the pressure on the high-turnover world of fashion. Can supply chains adjust to life without the latest on-trend items? Christopher Walton investigates. As retail around the world faced up to the fact that customers were just not going to come…

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ASOS sales rise despite warehousing capacity restrictions

Sales at ASOS increased 10% in the four months ending 30 June, despite the online fashion giant stifled demand and adjusted warehousing throughput in the face of the Covid-19 pandemic. Group sales at ASOS for the four-month period were up 10% to £1.01 billion, while for the ten months ending 30 June sales were up…

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„Wir geben Zukunft“ – RHI Magnesita unterzeichnet Lehrlings-Charta und treibt Digitalisierungsstrategie weiter voran

Auch in Krisenzeiten setzt RHI Magnesita bedeutende Schritte, um die zukünftigen Fachkräfte für den Wirtschaftsstandort Österreich auszubilden. RHI Magnesita, der Weltmarktführer für Feuerfestprodukte und -lösungen, verkündete bereits im März 2020 die Erweiterung des Ausbildungsbetriebes am Unternehmensstandort in Radenthein, Kärnten. Mit der Unterzeichnung der Charta „Wir geben Zukunft“ hat RHI Magnesita die Erweiterung des Ausbildungsbetriebes jetzt…

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‘The world has changed’ says Ocado as sales rise 27%

Ocado has said that customers will not be going back to pre-Covid-19 shopping behaviours and the sector should expect to see the continued growth of online grocery retail. The comments come after Ocado posted a 27.2% year-on-year increase in retail revenue in the UK during the first half of 2020, with sales topping £1 billion….

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Crosslake Fibre kündigt neues Cross-Channel-Glasfasersystem zwischen Großbritannien und Frankreich an

Erstes Unterseekabel der nächsten Generation im Ärmelkanal seit 20 Jahren. Crosslake Fibre, ein internationaler Netzwerkanbieter und Bauträger einzigartiger Glasfasernetzwerke unter See und über Land, gibt heute sein neuestes Untersee-Kabelprojekt bekannt: CrossChannel Fibre. Das historische Kabel der nächsten Generation mit einer Länge von 550 km ist das erste Unterseekabel aus Glasfaser seit fast 20 Jahren, das…

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Watch on demand: Preparing Your Warehouse for New World Challenges

Logistics Manager and Honeywell examine the warehousing challenges in the new, post-Covid-19 world, in this exclusive and free-to-watch webinar. Since the UK entered lockdown in March, consumer buying habits have shifted significantly, most notably towards online fulfilment models. And, even though restrictions are slowly being lifted, that trend is here to stay. As a result,…

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B2C e-commerce drives recovery at DX Group

DX Group said it has returned to pre-tax profitability as its post-Covid-19 volumes continued to rise, boosted by an increase in B2C volumes. The express courier had previously reported a return to operating profit in September of last year, but turnover had rebounded despite the impact of Covid-19. DX said its £10 million capital investment…

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Panattoni starts speculative West Yorkshire mega-shed

Industrial developer Panattoni is speculatively developing AEW’s Wakefield515 in West Yorkshire. The building is set to be the largest speculative warehouse under construction in the North of the UK this year and signifies one of the sectors’ largest commitments since the emergence of the Covid-19 pandemic. The unit is anticipated to be ready for occupation…

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Nearshoring to increase warehousing demand, says CBRE

Global real estate advisor CBRE has warned that there is likely to be a significant shortening and integration of supply chains, increasing the demand for warehouse space. In its report ‘The Changing Flow of International Trade’ CBRE advises investors that retailers and wholesalers are set to store months’ rather than weeks’ worth of inventory closer to…

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RHA says government is not being clear about Brexit transition preparation

The Road Haulage Association has called for urgent action after the European Commission warned businesses of the need for full border customs checks on trade with the UK from January 2021. The UK has previously said that it will phase customs checks on goods arriving from the EU following the end of the transition period. However,…

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BIFA welcomes government package to support employment and training

The British International Freight Association (BIFA) has said that it welcomes the package of measures unveiled by the Chancellor of the Exchequer today to scale up employment support schemes, training and apprenticeships. Robert Keen, director general of BIFA, said: “Whilst our members are currently rightly focused on significant business continuity issues, we welcome the additional…

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Customer-centric supply chains lead to improved financial returns

Investments in a ‘customer-centric’ supply chains have led to improved turnover and profit performance among businesses globally, according to a survey by Accenture. A survey of 900 senior executives across nine industry sectors found that the average investment in supply chains made over the past two years was an average of $153 million (£121 million)….

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Geek + sponsors Supply Chain Excellence Awards 2020

Geek + has joined Clipper Logistics, DP World and Unipart Logistics as a sponsor of the 24th Supply Chain Excellence Awards. The AMR giant joins an Awards ceremony that will celebrate true supply chain excellence and mark achievements in what has been the most challenging of years as a result of the Covid-19 pandemic. Geek+…

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Grade A warehouse space availability drops 7% as e-commerce drives demand

There is 7% less warehouse space available to industrial and logistics occupiers in the UK than there was this time last year with e-commerce fulfilment driving take-up levels. According to JLL’s latest Big Box Industrial & Logistics Market research, at the end of the first half of 2020 there was 25.4 million sq ft of…

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Umfrage: Umsätze sinken, kaum Produktionsrückholungen geplant

Unternehmen rechnen weltweit mit drastischen Umsatzeinbußen durch die Coronakrise. An eine Rückholung von Produktionen in die Europäische Union denken allerdings nur wenige. Thomas Gindele, DHK Hauptgeschäftsführer: Um Produktion und Lieferketten zu sichern, setzen die Verantwortlichen offenbar mehr auf Diversifizierung als auf Produktionsrückholung Die Covid-19-Pandemie hat massive Auswirkungen auf die Unternehmen, so das Ergebnis einer Umfrage…

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E-commerce driving force as SnapFulfil innovates in 2020

Lockdown thrust the intricacies of e-commerce onto some retailers that were unprepared for the challenge, and with a focus on warehousing costs set to be the key trend in a tough economy in 2020, SnapFulfil believes it is well-placed to help logistics operations achieve their goals. Speaking to Logistics Manager Tony Dobson, managing director at…

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Property investor sinks £23 million in Oxfordshire mid-box development

Specialist property investor Fortwell Capital has sunk £23 million with mid-box industrial and warehouse developer Tungsten Properties enabling the development of a 290,000 sq ft, seven-unit industrial scheme in Witney, Oxfordshire. The loan represents the second tranche of a £50 million revolving credit facility which Fortwell agreed with Tungsten Properties in March this year and…