Nippon Express acquires MD Logistics
Following an equity purchase agreement concluded with MD Logistics and MD Express, a logistics group operating in the USA, Nippon Express acquired the entire equity interests of MD Logistics through its subsidiary Nippon Express USA on 22 May 2020. MD Logistics is... mehr
Beacon closes USD 15 million fundraising round
London (UK)-based Beacon, a next generation freight forwarding and supply chain finance company, has raised over USD 15 million in its series A fundraising round, with investors including Jeff Bezos, the founder and CEO of Amazon, and the American venture capital firm 8VC.... mehr
Wabco is now part of ZF
Now that all official approvals have been granted, ZF Friedrichshafen has completed the acquisition of Wabco, a supplier of commercial vehicles. Wabco's shares, which were before listed on the New York stock exchange, were withdrawn from the stock exchange market with immediate... mehr
Neue Hotspots im Westen
Der Markt der Logistikimmobilien entwickelt sich in der Westschweiz besonders dynamisch. Im Wallis, in Genf und in der Waadt stehen grössere Projekte kurz vor der Inbetriebnahme. Die Region Gros-de-Vaud, nördlich von Lausanne, weist im nationalen Vergleich mittlerweile am... mehr
Geis breaks billion euro record
The Geis Group ended the last financial year with a new turnover record: in 2019, the international logistics services provider generated a net turnover of EUR 1,038 billion, surpassing the billion euro mark for the first time and exceeding 2018's result by 9.5%.... mehr
New branches in Belgium and the Netherlands
Austrian logistics services provider cargo-partner is expanding its footprint in the Benelux countries by opening a new storage facility and office areas in Roermund (the Netherlands) and a new office at Liège airport in Belgium. With the new sales and customer service... mehr
TST makes room for animal food
Animal food producer Nestlé Purina Petcare is concentrating its logistics operations for the German market in the new distribution centre that logistics provider TST hat set up in Worms (Rhineland-Palatinate, Germany). The 52,000 sqm multi-user real estate came on stream at... mehr
Cargo thefts on the rebound
Manufacturers and logistics service providers must be prepared to protect their supply chains from an expected significant spike in cargo thefts as coronavirus lockdowns begin to be lifted across the Europe, Middle East and Africa region, the transported asset protection... mehr
New facility in Jaroslavl
By setting up a new logistics hub in Jaroslavl, about 250 km to the northeast of Moscow, Arvato Supply Chain Solutions continues to expand its footprint in Russia. A few months before this current extension, the provider inaugurated a distribution centre in Noginsk. Overall,... mehr
Much space for large merchandise
Hermes Fulfilment Ansbach and Hermes Einrichtungs Service have inaugurated a new logistics hub in Ansbach (Bavaria, Germany). Spanning a total area of 76,000 sqm and costing EUR 90 million, it is one of Bavaria's largest recently developed real estates. It will be deployed... mehr