New ranking of warehouse developers in Europe
In a ranking recently published by "Property EU”, which was founded in 2006, the industry evaluates Europe’s largest developers of logistics real estate according to the amount of their respective constructed space volume from 2019 to 2021. Projects currently under... mehr
South India is on
There is news beyond the war in Ukraine, the Chinese shutdowns and rising fuel prices. The St Gallen-based Swiss Inter Rail Group has established its first office in Chennai (India), to be led by branch manager Vijayan Munusamy. Inter Rail India has ben active in India since... mehr
Takeovers pay off for ID Logistics
In Q1/2022, France-based ID Logistics saw its total revenues grow by an impressive 23.7 % to EUR 539 million (+15.1% like-for-like). In France, ID Logistics recorded a 12.9% increase in revenue to EUR 204.2 million, which included the consolidation of Colisweb. Without Colisweb,... mehr
Cargo-Partner: stronger foothold in UK
After forming a joint venture with Aztek International Freight in 2021, Austria-based Cargo-Partner has now acquired the remaining two-thirds of the shares and will fully integrate the partner company into its own organisation. Two new offices, one in East London and one in... mehr
More cool chain for Waberer's
In Hungary, WSZL, an affiliate of Waberer’s International, has inked an acquisition agreement with the logistics and domestic transportation activities of Gyarmati Trans, a logistics company which specialises in refrigerated warehousing and transportation in Eastern Hungary.... mehr
Another Canadian-US marriage
The Canadian company GTI Transport Solutions has purchased Foxconn logistics, a brokerage company based in Nashville, Tennessee. Foxconn logistics is a non-asset contract brokerage specialising in container management and drayage within intermodal logistics, including... mehr
Joint entry into Portuguese market
Stuart is entering the Portuguese market. The on-demand logistics platform, formerly a start-up acquired by Geo Poste in 2017, is launching a new delivery service with the DPD Group. DPD Now is an on-demand parcel delivery service one hour after ordering in the verticals retail... mehr
Urby's acquisition expands portfolio
First and last mile logistics specialist Urby, a subsidiary of La Poste and Banque des Territoires, has bought an 80% stake in Lille-based start-up Stocknord, which specialises in container rental. The acquisition is intended to broaden Urby's service offer by proposing a new... mehr
AOI Capital buys RK Logistics in California
RK Logistics Group, a Californian 3PL logistics firm specialising in warehousing and e-commerce fulfilment, has been acquired by a group of investors led by Miami-based AOI Capital, which was founded in 2009. This acquisition marks an expansion of AOI Capital’s participation in... mehr
Franck Jung reaches out to Paris
In France, the transport company Jacquemin has been taken over by Franck Jung Transports. Jacquemin specialises in the distribution of palletised freight and owns a cross-dock platform of more than 2,000 sqm. It is Frank Jung’s second acquisition after taking over Transport... mehr