Another acquisition for DP World 
It is the next coup in the logistics sector: DP World is purchasing all the shares of Syncreon for an enterprise value of USD 1.2 billion. Syncreon is a US global logistics provider that was formed in 2007 when Dublin-headquartered Walsh Western International bought TDS... more
More Ikea for Wincanton
Ikea has extended its contract with Wincanton in UK to operate its customer distribution centres (CDCs) in Medway, Kent and Harlow, Essex, for five and two years respectively. In addition, Wincanton will continue to provide logistics services for Ikea’s customers in Greater... more
65th birthday
The German-Dutch family-owned company de Beijer Groep is celebrating its 65th anniversary this year. De Beijer specialises production, trade and logistics of raw materials. Founded by Wil de Beijer Senior in Arnheim (the Netherlands) in 1956, the company acquired sand and... more
Geodis builds next bridgehead in Morocco
France-based logistics provider Geodis recently inaugurated a new warehouse in Mohammedia, north of Casablanca, where it is already well-established. The facility will be used to serve a manufacturer of household appliances and telecommunications. The 11,000 sqm warehouse,... more
K+N shares Apex
Expansion at any price is not Kuehne + Nagel's business model. The freight forwarding group, which most recently invested CHF 1.1 billion in the purchase of Apex in Asia (financed by the group's own funds and approximately 750,000 new Kuehne + Nagel shares issued out of... more
Gefco is definitely for sale
Reuters brings it to light: the news agency reports that vehicle transport group Gefco has been put up for sale by its majority owners, the Russian Railways RZD and car manufacturer Stellantis, which became the umbrella organisation of Groupe PSA and Fiat Chrysler Automobiles in... more
Another hub for Poste Italiane
Poste Italiane has inaugurated a logistics centre in Landriano, Lombardy (Italy). The parcel and sorting hub is part of an investment of EUR 60 million to strengthen the player's e-commerc capabilities, amongst others. The facility covers 40,000 sqm of indoor space and can... more
Fiata and ICHCA join forces
Fiata (International Federation of Freight Forwarders Associations) as global representation of freight forwarders and the International Cargo Handling Coordination Association (ICHCA) have renewed their memorandum of understanding (MoU) and thus reinforced the ties between the... more
Less cargo theft in Brazilian hot spots
Sensitech’s supply change intelligence centre has published its most recent report on cargo theft in Brazil. According to its findings, cargo theft in São Paulo decreased by 1% in Q1/2021 in comparison to Q4/2020, while in Rio de Janeiro, the decline was 3% from Q4/2020. Food... more
Panattoni builds for Amazon
Project developer Panattoni is developing a logistics real estate for Amazon in Salzgitter, Germany. At the distribution centre, incoming parcels from the retailer’s European logistics network will be sorted and picked up by local independent carriers to be delivered to... more