Big money for Paycargo
Freight payment platform Paycargo has found more investors. A USD 125 million Series B investment was secured by global venture capital and private equity firm Insight Partners. The freight payments network currently counts 67,000 active users remitting and receiving... more
The art of logistics
At its Somaglia site in Italy, Ceva Logistics turned a logistics park into an open-air, urban art gallery. As part of the Prologis Parklife initiative, eight internationally Italian urban artists used 40,000 sqm of building facades and water tanks as canvases to create works of... more
Menzies continues shopping spree
In UK, Menzies Distribution has acquired JBT, a Scottish logistics and supply chain services company with an annual turnover of GBP 23 million. With the takeover, Menzies adds 200 vehicles and six operating sites to its network. Based in Bathgate, West Lothian, with further... more
GAC breaks ground in Doha
In Ras Bufontas Free Zone Doha, construction is underway on GAC Qatar’s new 27,000 sqm multi-user contract logistics facility. It follows the signing of an agreement between GAC and Qatar Free Zones Authority (QFZA) in February this year. The facility is expected to be... more
Renovating automation
The VVA (Vereinigte Verlagsauslieferung) Group, an affiliate of Arvato Supply Chain Solutions, has reshaped its distribution centre in Guetersloh in Germany. SSI Schäfer has built an automated shuttle warehouse with order picking system in the existing facility on a limited... more
All hands on deck!
May saw a depressing new record set in India, with more than 28 million cases of a new variant of Sars CoV 2 reported. Bringing the foreign relief available to India and its health system is quite a logistics challenge. The ITJ spoke to Mukesh Aghi, president of the US-India... more
Jan de Rijk Logistics shifts focus
In its recently published results for 2020, Roosendaal (Netherlands)-based Jan de Rijk Logistics is in the black, with profits before tax of EUR 6 million for 2020 compared to EUR 5.5 million in 2019, while turnover moved sidewards to EUR 228.6 million (2019: EUR 230.4 million).... more
Universal Wolf and Ferguson collaborate
Fergusons Transport, a major haulier in the northeast of England, has expanded its partnership with design and manufacturing specialist Universal Wolf. This moves follows the companies’ joint effort to build and deliver 750 hospital beds to support the NHS during the... more
DPD France contracts Axians
Parcel service provider DPD France will continue to use Cargonet, a logistics system developed by Axians ICT Austria, for another ten years. DPD has been working with the software platform for 25 years. "We have been working with DPD on a pay-per-use model from the very... more
Sustainably dynamic
At ‘transport logistics’ in Munich, the industry’s leading international trade fair that took place online in May, Lkw Walter showed, amongst other things, ways in which sustainable transport solutions can reduce CO2 emissions and empty runs, through combined railway transport... more