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TVS Supply Chain Solutions, a global supply chain solutions provider, reported a 42% decrease in consolidated net profit for Q3FY24. Despite the decrease, the quarter showed improvement compared to the previous quarter. The company's revenue from operations also decreased in Q3FY24. However, EBITDA remained flat compared to the previous quarter and the EBITDA margin increased.
West Sussex-based ILG has acquired Global Freight Solutions (GFS), a logistics firm which works with some of the UK’s best known High Street brands.
Japan's NYK Group has moved further into logistics sector, like its rivals, after Yusen Logistics acquired UK logistics group Noel Topco
Newbury company Global Freight Solutions (GFS) has been bought by e-commerce specialist ILG
Enterprise Carrier Management (ECM) company, Global Freight Solutions (GFS), has been acquired by industry-leading e-commerce fulfilment specialists, ILG (International Logistics Group Ltd), part of the Yusen Logistics/NYK group of companies.