Further expansion in China
Just like other players, Seko Logistics also wants to expand its footprint in China, with its new investment partner, Ridgemont Equity Partners, backing the plans. Thus Seko opened an office in Qingdao in February, which will be followed later this year by the expansion of its... more
Five o’clock at Walker’s
The Real Tea Company is outsourcing its logistics. The English firm, which has specialised in purchasing and distributing tea since 2004, has outsourced responsibility for the management of its B2B and new B2C supply chains to Berkshire-based Walker Logistics.As online sales to... more
Loxxess ready for more hazmat logistics
The logistics and fulfilment service provider Loxxess is expanding its capacities in the field of hazardous materials logistics. The firm, based in Tegernsee in Bavaria (Germany), has thus responded to the reorganisation of production processes for key goods in the pandemic,... more
K+N takes advantage in 2020
As he presented Kuehne + Nagel's annual results for 2020 at a virtual press conference recently, CEO Detlef Trefzger spoke of a year characterised by "organic and inorganic growth, especially towards Asia.” The takeover of Apex International marks the end of a... more
La Poste and Geo Post's golden year
For 2020, La Poste reported revenues of EUR 31.2 billion, a rise of 20.0%, boosted by the e-commerce boom during the pandemic. Operating profit jumped by more than 250% to EUR 3.1 billion from EUR 889 in 2019, the operating margin was 10.1%. The parcel business witnessed a... more
Customs clearance with 3T Logistics
Transport management technology specialist 3T Logistics and Technology Group has launched a new customs clearance service for UK’s exporters and importers. The fourth-party logistics (4PL) provider aims at minimising border customs delays using centralised information through... more
Solar power for Night Star Express
Night Star Express, an association of six medium-sized logistics service providers founded in 1993, is reducing its carbon footprint by introducing solar energy on its building in 's-Heerenberg, the Netherlands. To this end, 676 solar panels were installed by the Kremer company... more
The last mile is the key
It’s not just CEP providers that are happily surfing the e-commerce wave. Classic forwarders also bank on this growing market, seeking to score in selected growing fields – as is the case with XPO Logistics after a difficult year. more
Americold's expansion pays off
For 2020, Atlanta-headquartered Americold reported revenues of USD 1.99 billion, an uptick of 11.4% in comparison to 2019. The company invested both in the extension of its network and in acquisitions, pouring USD 2.6 billion into new units and adding 62 facilities to its global... more
Mode marries Avenger Logistics
3 PL Mode Transportation, a Dallas-headquartered company, has purchased Avenger Logistics, a Chattanooga, Tennessee-based freight brokerage firm offering OTR and LTL services in North America. The financial terms of the takeover were not disclosed. The investment bankers at... more