JD Logistics IPO is on 
The logistics arm of the e-commerce group JD.com is issuing 609.2 million shares in its current Hong Kong initial public offering (IPO), which set to close on 28 May. The price per share for JD Logistics is at HKD 40.36. At this price and with good prospects on account of the... more
New hub for La Poste
The French post office La Poste has opened a new location in the heart of France. The parcel-sorting hub in Seine-et-Marne, in the Île-de-France, is the fifth and largest of the company’s new facilities. It follows hubs in Isère, Pas-de-Calais, Var and Val-d’Oise.The gateway,... more
Further Bremen location for B+S
The German logistics services provider B+S GmbH Logistik und Dienstleistungen has moved into a 20,500 sqm logistics facility in greater Bremen. The logistician already took over a centre in the Bremen freight village developed by Goodman in 2019. B+S makes use of a total of... more
Heinemann Americas contracts logistics partner
A new partnership in the Americas: Heinemann Americas (HAI), the Florida-based affiliate of the international duty-free company Gebrüder Heinemann, and Bolloré Logistics have extended their ongoing cooperation to the new world. Since HAI opened its Miami office nearly seven... more
Mixed picture for Hoyer Group
The Hamburg-based Hoyer Group, which operates worldwide for the chemical, petroleum, gas and foodstuffs industries, has reported stable figures for 2020. Turnover declined by 1% to EUR 1.12 billion (2019: EUR 1.18 billion). While the equity ratio rose slightly to 44.5%... more
Laso transports for wind energy park
In Portugal, Laso Transportes has won the contract for the Sincelo wind farm project. It was launched at the beginning of 2021 and includes transporting 22 machines, or about 220 transports in total. The future Argomil-Mouro Wind Farm is located in a border area between the... more
Rock-it Cargo targets Saudi Arabia
Los Angeles-headquartered Rock-it Cargo (Rock-it), an event logistics firm, and Jeddah-based Sela Sport Company (Sela) have teamed up to form a global partnership to tackle the entertainment market in and around Saudi Arabia. The partnership brings together combined... more
Priority for customs clearance
Dover-based Priority Freight, a provider of time critical logistics for the automotive industry, has received ‘clearance on wheels’ status for its truck park and warehouse facility at its main site and for the warehouse in Coventry. This new simplification procedure was... more
Building a logistics site at Milton Keynes
Baytree, a pan-European logistics real estate developer, has contracted Glencar to build a new sustainable logistics scheme at a site in Milton Keynes. The 42,500 sqm site in Fenny Lock, Milton Keynes, has been specified to be Breeam “excellent”, and “well” ready.... more
Network expansion in Vietnam
Danish giant A.P. Moller-Maersk is opening three new facilities in Song Than and Bac Ninh. With the other 11 facilities already in operation in the country, these warehouses add another 38,000 sqm to the portfolio. Operations started in Q4/2020 and Q1/ 2021. The three new... more