Allegro Cuts Costs Amid Inflation in Central and Eastern Europe

Allegro Cuts Costs Amid Inflation in Central and Eastern Europe

Polish e-commerce giant Allegro is improving profitability through cost control, expecting strong Q1 results. However, the Central and Eastern European (CEE) market faces high inflation and consumer spending cuts. Allegro needs refined operations, optimized supply chains, and expansion into emerging markets to navigate these challenges. Other platforms and sellers should also learn from this, focusing on cost control and meticulous operations to weather the economic downturn.

01/04/2026 Logistics Industry Insights
Read More
Fedex Considers Acquiring Frances TATEX for European Growth

Fedex Considers Acquiring Frances TATEX for European Growth

FedEx is expanding its European market presence. Following the acquisition of Polish company Opek, FedEx plans to acquire French company TATEX. This strategic move aims to counter competition from UPS and enhance FedEx's service capabilities and market share within Europe. The acquisition of TATEX will allow FedEx to further strengthen its logistics network and offer more comprehensive solutions to its customers across the continent.

01/28/2026 Logistics
Read More
CH Robinson Acquires Apreo Logistics to Expand in Europe

CH Robinson Acquires Apreo Logistics to Expand in Europe

C.H. Robinson acquired Apreo Logistics S.A., a Polish freight forwarding company, to expand its European presence, strengthen core capabilities, and diversify transportation modes. This acquisition aligns with CHRW's long-term strategic plan, enabling them to better serve European and global customers and gain a stronger foothold in the competitive European logistics market. The move is expected to enhance their service offerings and improve their competitive advantage within the region.

01/26/2026 Logistics
Read More
FAYSAL Bank SWIFT Code Eases International Transactions

FAYSAL Bank SWIFT Code Eases International Transactions

This article analyzes the SWIFT code FAYSPKKA112 of FAYSAL BANK LIMITED, highlighting its significance in international remittances. By detailing the structure of the SWIFT code and important considerations when using it, a comprehensive guide for cross-border remittance is provided to ensure that users' funds are accurately and securely delivered to the intended bank.

08/20/2025 International Settlement
Read More