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UK delivery company Evri acquired by Apollo Funds

UK delivery company Evri acquired by Apollo Funds

Advent International, have agreed to sell its entity UK delivery company Evri to Apollo Funds.  It comes days after JD.com, China’s largest retailer by revenue, reportedly showed interest in bidding for Evri. But the bidding didn’t stop there, as Alibaba also put its name down in the process.  Evri is

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Early demand for Asian imports pushes shipping prices up

Early demand for Asian imports pushes shipping prices up

Companies worried about supply chain issues are stocking up, causing shipping rates to soar. Shippers have had to contend with increased ocean container rates since May, when rates spiked sharply.  Inc.com reports companies have been stocking up since April. The Red Sea disruptions have made it difficult. In addition, tariffs

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