Aramex's optimisation pays off 
In Q1/2022, Aramex saw a rise in activities while cutting costs at the same time. Revenues went up by 2% to AED 1.45 billion (USD 390 million), especially pushed by the logistics & freight-forwarding business. Improving operational efficiencies and cost, by the... more
Hellmann back on track
The seven lean years are over. In 2021, Hellmann witnessed an increase in the number of shipments of 25% compared to 2022 (16.2 million to 20.3 million). The group's turnover went up by EUR 1.5 billion, representing an uptick of 61% and crossing the EUR 4 billion threshold.... more
A cabin in the woods
With the takeover of the Germany wood logistics company Bruno Reimann Rhenus is acquiring expertise in raw wood logistics and the marketing of cut, residual wood and wood fuel, among other things. Bruno Reimann has its headquarters in Bad Harzburg, Lower Saxony, and is... more
The two towers
It is the latest strike of the British group Tower Cold Chain. With the launch of its Los Angeles hub, the specialist for temperature-controlled services founded in 2007 confirms its focus on pharmaceutical businesses and airlines. The hub, located 29 km from LAX... more
Agility stable with broadened portfolio
Agility, which is still receiving earnings from discontinued operations with the recently-sold GIL department, moved sidewards with its profits in Q1/2022. While revenues grew by 22.3% to KD 132.1 million (USD 430.2 million) compared to the same period last year, whereas... more
First half year strong for Frasers
Cologne-based real estate developer Frasers Property Limited (FPL) has announced the results for its first half of 2022 ending at the end of March. Earnings before interest and tax were EUR 138 million on assets under management of approximately EUR 7.3 billion. The company's... more
CJ Logistics surges ahead
Seoul (South Korea)-based CJ Logistics has reported its results for Q1/2022. While revenues went up by 6.1% to KRW 2.85 trillion (USD 2.2 billion), operating profit soared by 57.2% to KRW 75.7 billion (USD 570 million, which was mainly driven by the boom in the parcel and... more
Augmenting storage capacity in UK network
Maritime Transport, a container transport company headquartered in Felixstowe, is investing in storage space at the Port of Ipswich. To this end, it has signed an agreement with Associated British Ports (ABP) to operate a site with a capacity to store up to 2,500 teu. This... more
An investment in packaging
As has only just been reported, Simon Hegele Gesellschaft für Logistik und Service mbH took over 50% of the shares of Georg Schrepfer in Germany at the beginning of 2022. The remaining 50% will stay with the previous owner, Thomas Bach. For Simon Egele, the acquisition is... more