Logistics

Nike profits down on higher costs

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Nike reported better than expected earnings on March 21 in its latest quarter, supported by strong demand although higher inventory and logistics costs weighed on its margins.

The company reported profits of $1.2 billion for the three months ending February, down 11 percent from the year-ago period, while revenues picked up 14 percent to $12.4 billion.

Piraeus Chamber of Commerce & Industry: Piraeus on track for development

The course of the market during the first quarter of the year, the energy crisis, exacerbated by the war in Ukraine, rising product prices and disruption in the supply chain, were among issues raised and discussed by the members of the Board of the Piraeus Chamber of Commerce & Industry. The meeting was attended by the President of GAIAOSE, Mr. Konstantinos Kessentes.

cargo-partner to expand logistics centre in Brnik

Brnik – Logistics company cargo-partner opened a logistics centre in Brnik in 2019, one of the largest within the cargo-partner Group. The 25,000 square metres of warehouse capacity have been filled in just over a year, significantly ahead of schedule, which is why a planned expansion has now been pushed forward.

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