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Coface: Schwellenländer leiden unter Corona noch härter als China, Europa und USA

Die Auswirkungen der COVID-19-Pandemie dürfte für die Schwellenländer noch gravierender sein als für China, Europa und die USA. Coface bewertet in einem neuen Barometer die direkten wirtschaftlichen und sektoralen Risiken der Pandemie für die Entwicklung der Schwellenländer. Die Finanzlage wird zur Schlüsselfrage, denn davon hängt ihre Fähigkeit ab, auf die zahlreichen wirtschaftlichen Folgen der Krise…

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NEOS: Gewerkschaft muss aufhören, die Unternehmer zu schikanieren

Sepp Schellhorn: „Die dahinsiechende Wirtschaft darf jetzt nicht mit eingeschränkten Öffnungszeiten zusätzlich gefesselt werden.“ „Wenigstens im Handel kehrt mit heute wieder ein Fünkchen Normalität ein“, sagt NEOS-Wirtschaftssprecher Sepp Schellhorn. „Die Gewerkschaft soll also bitte aufhören, den dahinsiechenden Unternehmen jetzt, da sie endlich etwas Licht am Ende des Tunnels sehen, schon wieder Prügel vor die Füße…

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Transporteure: Neue Normalität braucht neues Miteinander

Zusammenhalt wie in Krisenzeiten sollte auch die Devise der Zukunft sein. „Wir freuen uns, dass die Wirtschaft wieder hochgefahren wird, diese sogenannte neue Normalität braucht auch ein neues Miteinander“, fordert Günther Reder, Fachverbandsobmann des Güterbeförderungsgewerbes in der Wirtschaftskammer Österreich (WKÖ). Denn ein gegeneinander Ausspielen einzelner Verkehrsträger nütze niemandem. Schließlich kämpft derzeit die gesamte Logistikbranche mit…

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Sainsbury’s expects £500 million impact as result of Covid-19

Sainsbury’s expects to incur costs of £500 million as a result of the impact of Covid-19 on its merchandise and clothing sales, despite increased volumes of food sales. The grocer said it had seen “materially reduced clothing and general merchandise sales” in stores, a reflection of differing customer priorities and reduced stocks of clothing. In…

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Inventory position top priority for retail to re-open

The number one concern among fashion and footwear retailers is establishing a baseline inventory position once Covid-19 lockdown restrictions have been lifted. According to a survey of European and North American retailers by RFID software vendor SML, having a clear view of inventory was of higher importance to retailers than improving on-line order fulfilment and…

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Fashion supply chains urged to build stronger relationships

Fashion supply chains have been urged to use the global coronavirus crisis to take stock of existing business models and create more stable and sustainable supply chains. Research firm GlobalData claimed that global clothing supply chains had “unravelled” in the face of the crisis and it said that trust and goodwill had also eroded between…

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Demand for short-term industrial space surged in March and April

Demand for short term space surged in March and April this year as the impact of Covid-19 was acutely felt by the logistics sector, according to new data from Cushman & Wakefield. Richard Evans, head of UK logistics and industrial at Cushman & Wakefield, said: “New demand continues to be above average since the lockdown…

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“Wave of demand” for warehousing to address online sales boom

JLL is expecting a “wave of demand” for warehousing as grocers increase online shopping capacity. According to the ONS online sales as a proportion of all retailing reached a record high of 22.3% in March 2020 as consumers switched to online purchasing during the pandemic. Overall online retail sales accounted for 22.3% of all retail…

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Demand for secure, tracked deliveries at DX (Group) quadruples

DX (Group) has reported record volumes in its DX Express division as a result of the impact of the coronavirus pandemic.   The express courier said that deliveries to medical laboratories, independent pharmacies and central government departments amongst other customers, has “stepped up provision to accommodate the material rise in volumes” over the last six weeks….

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Warehouse space levels may increase in short-term

Warehouse space levels may increase this year, according to the latest research from Colliers International. In terms of new supply, Colliers has tracked 4.4 million sq ft of speculative space under construction. This is on top of the space already or soon to be completed in 2020, which amounts to 3m sq ft but when…

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Editor’s Blog: recession doesn’t mean an end to investment

Businesses throughout the UK, and the wider world, are all facing supply chain issues. Some supply chains have more inventory than they expected to have at this stage of the Spring, some are scratching around the world to keep on top of demand. Some businesses have lower, or non-existent levels of demand, some have hit…

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DX Group can ‘weather disruption and uncertainty’

Express delivery specialist DX Group has said it has the ‘financial capacity’ and operational expertise to weather the disruption of measures to fight the Covid-19 pandemic. DX told investors today that although volumes fell significantly in the initial aftermath of the lockdown, all of its depots and service centres had been kept open. It also…

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3PL looks to maintain e-commerce continuity

Wigan-based e-commerce fulfilment company 3PL has said it is continuing operate, but with a decreased workforce, as it looks to meet demand for baby products, health, household, and personal care products during coronavirus lockdown. 3PL said that with fulfilment centres closing to maintain employee safety, and Amazon prioritising stocking and delivering items such as food,…

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„Lockdown“ kostet Straßentransporteure zwei Drittel der Frachtmenge

Die Unsicherheit über den Verlauf der Corona-Krise hat im März zu einem sprunghaften Anstieg von Frachtangeboten auf dem europäischen Transportmarkt geführt. „Viele Unternehmen haben mit Aussicht auf Grenzschließungen und anderen Beschränkungen im Zeichen von Corona Bestellungen vorgezogen“, kommentiert Tilman Fecke, Business Analyst bei Timocom, den ungewöhnlich hohen Anstieg von Frachtangeboten, die bis Mitte März auf…

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COVID-19: Class action to reduce business rates during corona virus crisis

Property consultant Altus Group is bringing a class action against the Valuation Office on behalf of its clients to reduce their business rates bill due to the Coronavirus lockdown. Business Rates are a statutory tax levied by central government on commercial property such as warehouses, shops, factories and pubs and is collected locally by the…

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COVID-19: Space required for container storage

In its latest COVD_19 report Gerald Eve notes that furniture retailer DFS has a 400,000 sq ft requirement for immediate occupation to store containerised stock. DFS is not the only company that faces such an issue and nor is the UK the only country that is facing the problem of where to put all the…

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JKU-Corona-Update – Prof. Cocca: “Herabstufung Italiens und auch der USA auf den Finanzmärkten wohl unausweichlich“

„Die Ratingagenturen werden wieder wichtiger werden, denn wir werden wieder mehr über Schuldenberge und die Bewertung von Ländern durch diese Agenturen diskutieren“, prognostizierte Prof. Teo Cocca, Leiter der Abteilung für Asset Management des Instituts für betriebliche Finanzwirtschaft der Linz Business School der JKU, im „JKU Corona Update“. „Die Herabstufung Italiens scheint mir unausweichlich. Das hat…

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Arcadia Group looking to borrow £50 million against distribution centre

Arcadia Group’s Sir Philip Green is looking to borrow £50 million against its state-of-the-art distribution centre in Daventry to stave off the affects of the coronavirus crisis and keep the company afloat. According to reports in Sky News the fashion retailer has approached banks and hedge funds about a new round of borrowing against its…

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First quarter warehouse take-up activity 24% ahead of long term averages

Warehouse take-up in the first quarter of this year is up 24% on the long term average, according to new research by Savills. Approximately 7.95 million sq ft of warehousing space (in units of 100,000 sq ft +) were recorded in the first three months of the year. In addition, following the outbreak of Covid-19,…

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Investors see warehouses as safe haven from COVID-19 impact

Investors continue to seek out warehouse investments as a safe haven during the coronavirus pandemic. Urban Logistics REIT will pay out £56.1 million on nine distribution centres and a distribution depot development plot all sourced off-market during the coronavirus pandemic and has a further portfolio acquisition is in the final stages of negotiation that is…

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ASOS sees sales fall 25% during COVID-19 lockdown

Sales at online fashion retailer ASOS have fallen by “20% to 25%” it said, as demand dropped following the introduction of COVID-19 protection measures. ASOS told investors today (8 April 2020) that consumer demand in an uncertain environment was “by far the biggest uncertainty” the business was facing, but all warehouses remain operational, albeit at…

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CTEK bietet Autofahrern Rat zur Pflege einer Autobatterie, auch wennein Fahrzeug wochen- oder monatelang nicht bewegt wurde

In Zeiten wie diesen, wo viele von uns unter Quarantäne stehen und Städte sich im Lockdown befinden, sollte man meinen, dass unsere Fahrzeuge nicht unbedingt an der Spitze unserer Prioritäten stehen. CTEK, eine führende globale Marke für die Pflege und Wartung von Fahrzeugbatterien, berichtet jedoch über eine beispiellose Zahl von Anfragen von Autobesitzern aus aller…

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UK manufacturing slumps as supply chains ‘crumble’

Delivery times in manufacturing supply chains are at their lowest level since records began, as output in the sector slumped in March – impeded by measures to curb the spread of COVID-19. Robot machines in industrial building According to the IHS Markit/CIPS Purchasing Managers’ Index for March vendor delivery times to UK manufacturers lengthened to…

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E-commerce sales up 23% year-on-year in early weeks of pandemic

E-commerce sales have increased by nearly a quarter since the end of February, as consumers in lockdown moved online. Data from James & James Fulfilment showed that independent online retailers had seen an average of 23% more orders compared to this time last year, while health supplements and cupboard staples had seen a triple-digit growth…

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Landlords considering licencing for emergency coronavirus space

Landlords are considering licencing for short-term warehouse space in order for occupiers to take warehouse space quickly during the COVID-19 pandemic. There are already requirements in the market for warehouse space as previously reported but Gus Haslam, head of London and south-east, logistics and industrial at Knight Frank, said: “Our short term enquiry tracker is…

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Saint-Gobain and Travis Perkins re-open construction supply chains for UK essential services

Building merchant and construction materials giants Saint-Gobain UK and Travis Perkins have re-opened some construction supply chains – primarily those that support national infrastructure – after initially closing following the prime minister’s lockdown order. Saint-Gobain UK and Ireland said that it initially took the decision on Monday evening [23 March] to close all UK distribution…

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Editor’s Blog: Without logistics, could it have been worse?

So how was the last week for you? I have to say that getting the train out of London last Tuesday was the office worker equivalent of the last helicopter out of Saigon… in all my 20 years of journalism I’ve never reported on a situation like it.   Yet, despite the Prime Minister introducing…

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Institute of Couriers: ‘Finest hour for final mile’

The Institute of Couriers (IoC) has asked e-commerce customers to mark doors with the message: “I am at home, please knock and leave goods outside”. With the whole of the UK in lockdown over the next three weeks to prevent the spread of coronavirus, the Institute of Couriers is asking people help the delivery sector…

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UK enters three week lockdown to combat COVID-19

Prime Minister Boris Johnson has ordered the closure all shops selling non-essential goods and has ordered the police to disperse public gatherings of more than two people. The measures, introduced to combat the spread of COVID-19, will be reviewed in three weeks – effective from today. Non-essential goods also includes shops selling clothing and electronics. People will only…

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Pochtler: Wirtschaftlicher Corona-Lockdown nur für ein paar Wochen tragbar

Neben der Gesundheit der Mitarbeiterinnen und Mitarbeiter, die immer höchste Priorität habe, sei es nun besonders wichtig, dass Wien gemeinsam in die Zukunft blicke und die Weichen für die wirtschaftliche Erholung nach der Krise stelle. „So kann noch größerer Schaden abgewendet werden.“, zeigt sich IV-Wien Präsident Christian C. Pochtler anlässlich des Wiener Corona-Gipfels, überzeugt. „Die…

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