Bolloré anchors in Strasbourg
Bolloré Logistics and Strasbourg Airport have joined forces to set up a logistics centre dedicated to the pharmaceutical industry on Skyparc, Strasbourg Airport's business park. The 10,000 sqm temperature-controlled warehouse, operated by Bolloré Logistics under its own... more
White paper on Brexit impact
In its white paper "What Post-Brexit Really Means for Businesses", DDC FPO, an USA-based provider of business process outsourcing (BPO) solutions for the freight industry, examines current short and mid-term effects of Brexit. In its outlook for the coming 12-18... more
To sunny times in Austria and Germany
Gebrüder Weiss (GW) is banking on solar power. The logistics group has built four new photovoltaic systems in southern Germany and Vorarlberg (Austria) to meet its electricity needs. The systems have been installed at the logistics terminals in Nuremberg, Esslingen, Aldingen... more
New York money for Texan freight forwarder
ATL Partners, an equity firm based in New York City, recently launched a funding round of about USD 300 million to invest in Austin (TX)-headquartered Arrive Logistics. The relatively young logistics firm, which was founded in 2014 and also runs an office in Chicago,... more
No surprises for UPS in first quarter
UPS reports consolidated revenue of USD 22.9 billion in the first quarter of 2021. This is a significant rise of 27% compared to Q1/2020. Consolidated average daily business volume grew 14.3% year-on-year. Consolidated operating profit clocked in at USD 2.8 billion, showing... more
Biggest location for DHL in Germany
Deutsche Post DHL is investing a low three-digit million euro sum into the expansion of its parcel centre in Aschheim (Germany). The new warehouse is being built adjacent to the existing facility. By connecting the two locations via a tunnel for trucks, the company will... more
The takeover carousel
The transport and forwarding industry has particular regional strengths in France. French SMEs with international activities, for example to and from the British Isles, are rounding out their portfolios with targeted prime acquisitions. more
Poor start for SF Express in 2021
The Chinese Logistics and CEP provider Shun Feng Express (SF Express Holding) has a long and winding road ahead of it in 2021. In Q1 its turnover of CNY 42.62 billion (USD 6.57 billion) was 27% up in comparison with the same period last year. It didn’t make a profit, in... more
Retailer Vox exports from Segro Logistics park
The Vox company, an interior design brand from Poland, has signed a lease for 7,700 sqm of warehousing space in the Segro Logistics Park Poznań, in Gądki (Poland). Vox interior design has been present in the Polish market for more than 30 years. It has a network of interior... more
Takeover fortifies Rhenus Switzerland's results
Rhenus Alpina’s sales in Switzerland leapt by 20% in 2020, despite the pandemic. Total revenues of CHF 410 million (CHF 341 million in 2019) were largely due to the integration of Interfracht’s activities into the group.The firm didn’t report its adjusted revenues, and doesn’t... more