Swedish authorities are investigating a damaged cable in the Baltic Sea, the latest in a series of undersea cable ruptures raising concerns of Russian sabotage. Recent incidents include damage to a fiber-optic cable between Ventspils and Gotland, with a Bulgarian vessel initially suspected but later ruled out. The most recent break occurred off Gotland, prompting a response from the Coast Guard and Prime Minister Ulf Kristersson emphasizing the government’s serious approach to such incidents.
Full Article
Polish parcel locker network InPost buys UK delivery firm Yodel for £106m
The UK parcel delivery company Yodel has been acquired by Polish parcel locker firm InPost for £106 million, resulting in the creation of the third largest independent delivery business for online retailers in Britain. This takeover will increase InPost's market share in the UK from 2% to 8%. This acquisition follows InPost's earlier takeover of UK logistics company Menzies Distribution in October of the previous year. Full Article
Read more