A lot of money for Lineage Logistics
Lineage Logistics, a major player in temperature-controlled logistics since 2008, has raised USD 1.9 billion in equity from new and existing strategic partners for investments in facilities and technologies. Among the investors are Bentall Green Oak, D1 Capital Partners,... more
More time for industry in UK
The British International Freight Association (Bifa) does not overestimate the extension of the border operating model deadlines in UK till the year 2022. "It’s no surprise that the government has extended the deadline for the introduction of checks and customs... more
Stef Group hit hard by Covid-19
The pandemic inflicted heavy casualties on the Stef Group, a European provider of temperature-controlled transport and logistics services for food products. 2020's annual results saw operating income contracting by 28% to EUR 117 million compared to EUR 162.9 million in... more
Well prepared
The Munich-based logistician has recorded increasing demand for warehouse space and handling in the airfreight and parcels segments. Brexit brought in some new clients. more
Ready for e-commerce?
The e-commerce-boom opens up new opportunities, but are companies ready to seize them? Geodis and Accenture have jointly developed a methodological approach to measure the level of e-commerce readiness in cooperation with 200 companies. The new kid on the block is called... more
Swiss Post against the trend
Swiss Post is clearly in the black in 2020, but does not benefit from the parcel boom as much as other postal organisations in Europe. Revenue fell significantly year-on-year from CHF 450 million to CHF 272 million (-40%), which was partly due to the decline in letter volumes... more
Roll-out starts in Madrid
As part of its digitalisation strategy, Deugro, a project freight forwarder, has begun implementing cargowise, an integrated logistics execution platform developed by Wise Tech Global. Starting with the company’s branch in Madrid, the software will be employed in all branches... more
Alstom broadens contract with Wincanton
Alstom UK has extended a contract with Wincanton by three years. Alstom's supply chain partner, who has worked for the shipper since 2018, will widen its services portfolio by adding a new logistics facility.In detail, Wincanton will provide a dedicated warehouse for the... more
Less clouds in the coffee
The insolvent Bremen-based German freight forwarder Diedrich Meyer, which specialises primarily in coffee transport, is becoming operational again. With effect from March 2021 the joint venture B-LOG Bulk Logistik, which is made up of the Brake-based L.I.T. Group and the port... more
Hollemann Bulgaria joins network
Holleman Bulgaria, headquartered in Ruse on the Danube, recently joined the Global Project Logistics Network (GPLN). Holleman Bulgaria specialises in transporting and moving oversized and heavy cargo in domestic and international markets.The Holleman Group is a long-standing... more