All divisions of KN affected 
As a result of the coronavirus pandemic, business volumes declined sharply in the first quarter of 2020. Kuehne + Nagel Group's net turnover (-6.2%), gross profit (-5-1%) and earnings (-23.2%) were significantly below last year's levels. Furthermore, currency fluctuations had a... mehr
VTL plans upgrade
Despite the currently difficult situation, the general cargo cooperative VTL has given the green light for the comprehensive future project VTL Next. “We do not just want to react, we want to shape our future by our own efforts. The sooner we get started, the better,” said VTL’s... mehr
Flächen bleiben attraktiv 
Die Nachfrage nach Logistikimmobilien in Italien ist immer noch vorhanden, wie eine Transaktion von Ende März zeigt. mehr
Logisticians appeal to federal council
Three Swiss logistics industry experts have written an open letter to the country’s Federal Council to raise awareness of industry concerns in connection with the measures to combat Covid-19. In the letter, Wolfgang Stölzle, director of the Supply Chain Management Institute at... mehr
Rhenus expanding in the Netherlands
Rhenus Contract Logistics recently opened its sixth warehouse in the Netherlands. The additional 31'885 sqm warehouse is a dedicated operation for a Rhenus customer in the medical device industry. “We have served this customer for more than ten years; the last seven years in... mehr
Panattoni building for Dachser
Panattoni is to build the sixth facility for Dachser. The new logistics centre will be located in Magdeburg (Germany). The new project comes hot on the heels of the logistics centre in Alsdorf near Aachen that Panattoni built for Dachser in summer 2019. The property... mehr
GM picks Ceva to manage ventilator supply chain
Ceva Logistics has been appointed by General Motors as its 4PL to manage its entire ventilator production supply chain. Under GM’s contract with the US Department of Health and Human Services, the logistics company is responsible for delivering hundreds of parts which will be... mehr
JV to boost investment in South Korean logistics real estate
APG, Canada Pension Plan Investment Board (CPP Investments) and ESR have entered into a strategic agreement to establish a new development joint venture, ESR-KS II, with a total equity allocation of USD 1 billion, representing an investment capacity to deliver as much as USD 2... mehr
Csafe Global supplies US Antarctic programme
Csafe Global has gone to the ends of the earth to ensure the samples gathered by the United States Antarctic programme are protected on their journey from Antarctica to the USA. Scientists collect samples to be shipped back to their home institutions for further analysis. The... mehr
