Upswing for Logwin 
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The Luxemburg-headquartered Logwin Group saw its revenues gain 51.6% in the first six months of 2022, rising to almost EUR 1.2 billion (H1/2021: EUR 771.1 million). Ebita almost doubled to EUR 71.8 million. The air + ocean business departments contributed most with a EUR... mehr
Frankfurt: more space for life sciences 
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DHL Supply Chain, DHL Group’s contract logistics department, is extending its Life Sciences & Healthcare (LSH) Campus close to Frankfurt am Main. The new branch is adding a third logistics centre (32,000 sqm) to the multi-user facility specialising in pharmaceutical and... mehr
A bed of roses? 
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Southampton-based Meachers Global Logistics has inked a three-year contract with Millbrook Beds. The new agreement, which dates back to 8 July 2022, sees Meachers move from supporting Millbrook Beds with the UK distribution of its beds and mattresses to fully managing all its... mehr
US contract logistics player turns French 
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French major player Geodis has acquired 100% of the shares of the US-American "Need It Now Delivers" from the private equity fund Palm Beach Capital and further stakeholders. The contract logistics company, founded in 1987, has built up a road freight network... mehr
100% Peru 
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Hellmann Worldwide Logistics now holds all the shares in the Peruvian joint venture Hellmann Worldwide Logistics S.A.C, after Carlos Augusto Dammert, president of the board, decided to sell his stake of 50%. The company will now be fully integrated into Hellmann's global... mehr
Der Freihandel bringt’s 
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Wie wichtig sind präferentielle Zölle aus Wirtschaftsabkommen? Ob aktiv oder nicht, die Schweiz als neutrales Land ist als Wirtschaftsnation von Im- und Exporten abhängig. Gemeinsam mit der Efta hat die Seco untersucht, welche Wirkung der Freihandel in den letzten Jahren... mehr
Cargo-Partner buys stake in Sim Cargo 
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The European general cargo network Sim Cargo has accepted Cargo-Partner's offer to acquire a third of its shares. With its 50 employees, Sim Cargo, which was founded in 2020, provides logistics and digital services for 260 medium-sized system partners. Both parties know each... mehr
Investing in life sciences environment 
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Singapore-headquartered ESR and its JV partner have acquired a life sciences R&D business park for RMB 268 million (USD 40 million) in Zhangjiang, Shanghai (China). Formerly known as Zhangjiang NEO, the unit of almost 9,000 sqm consists of two blocks with Pharmaceutical... mehr
Rhenus: latest acquisition in Spain 
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The Rhenus Group has acquired Aduanas Alié. The Spanish company also provides customs services in Morocco and the Maghreb. Rhenus Logistics Spain is thus reinforcing its operations involving traffic flows with Morocco, a market considered as strategic for the group. This... mehr
Agility also flourishing 
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In H1/2022, Kuwait-based Agility achieved a revenue of KD 270.5 million (USD 882 million), an uptick of 22.9%, and a net profit of KD 28.8 million (USD 94 million). Ebitda, which excludes the performance of the GIL business sold by Agility in 2021, increased by 21.5% to KD 71... mehr