Logistics

St. Modwen accepts Blackstone’s raised $1.75 bln take-private offer

Housebuilder and logistics firm St. Modwen Properties (SMP.L) said on Thursday it has agreed to a sweetened 1.25 billion pounds…

4 years ago

Maersk VC co-leads funding round in Egyptian start-up Trella

Egyptian startup Trella, a digital platform connecting truckers with freight loads, has raised $42 million in equity and debt, including…

4 years ago

Pandemic seen driving southeastern Europe warehouse boom

Logistics and warehouse companies are accelerating expansion plans in southeastern Europe where business is expected to boom as the pandemic…

4 years ago

China’s imports grow at fastest pace in decade as materials prices surge

China's imports grew at their fastest pace in 10 years in May, fuelled by surging demand for raw materials, although…

4 years ago