Real estate portfolio in China changes hands 
In cooperation with a global institutional investor, Hong Kong-based ESR Cayman, an APAC-focused real estate investor, has completed the acquisition of a logistics and industrial portfolio in Greater Shanghai. It represents eleven completed logistics and industrial assets... more
Schneider National's best year so far
Wisconsin-headquartered Schneider National achieved earnings of USD 532.7 million in 2021 (+86% compared to 2020). The company also reported its Q4/2021 results, with total revenues up 21% compared to Q4/2020, amounting to USD 178 million. Intermodal revenues (excluding fuel... more
Lights, camera, action for Gaumont!
The French company Gaumont, known for classics such as "Leon, the Professional", "Nikita" or "The Big Blue", recently entrusted the Hamburg-based forwarding and logistics company A. Hartrodt with a spectacular order for an international film... more
Spare part for helicopter in time
The Northland Emergency Services Trust (Nest) in New Zealand got one of its Sikorsky S-76 rescue helicopters back in the air with an urgent AOG thanks to B&H Worldwide, also an aerospace logistics specialist. Altogether, Nest owns three Sikorsky S-76 emergency rescue... more
Rhenus expands in India
Rhenus is launching Supply Chain Solutions, a new, integrated logistics services business unit in India. The provider reports that its Indian branch achieved "a record year-on-year average growth of 20 to 30% from 2010 to 2021” last year. Rhenus India is planning to... more
Another loan for ESR
With the completion of the ARA Asset Management (ARA) acquisition, ESR Cayman Limited (ESR) has enlarged its portfolio as a major APAC real asset manager, including logistics real estate in Asian countries. The integration with ARA, including its subsidiary Logos, also enables... more
PLP's new site to be finalised in 2022
PLP, a developer, manager and owner of logistics and industrial properties in UK, has contracted Glencar to build a 140,000 sqm (Crewe 460) speculative big box logistics unit at a development site at Basford West in Crewe. Construction work is expected to start imminently, and... more
Aemli 2022 – China and India retain top spots
China and India held their No. 1 and 2 ranking in the ‘2022 Agility Emerging Markets Logistics Index’ (Aemli), the company’s 13th annual snapshot of industry sentiment and ranking of the world’s 50 leading emerging markets. The UAE, Malaysia, Indonesia, Saudi Arabia, Qatar,... more
Panattoni discovering Austria
The US company Panattoni is expanding its footprint in Europe. The developer of industrial and logistics real estate is establishing a branch in the Austrian capital Vienna. The office is opening in February and is managed by project developer Jürgen Winklbauer. Panattoni... more
Almost 1 billion for Flexport
San Francisco-based Flexport, a technology platform and digital forwarder, has closed a USD 935 million series E funding round. Investors include Andreessen Horowitz and MSD Partners. In addition to existing partners DST Global, Founders Fund and Softbank Vision Fund, new... more