Prologis' balance sheet in 19 countries 
Logistics real estate developer Prologis has reported its results for Q3/2020. As of 30 September 2020, the company owned or had investments in ventures, properties and development projects estimated to total approximately 91 million sqm in 19 countries. Moreover, the... more
Road transport on the uptick in Europe
Europe’s road haulage traffic caught up significantly from July till September in this special year of 2020. The freight offers for Q3, as recorded by Timocom’s transport barometer, rose to offset the slow market caused by the coronavirus pandemic in Q2. The figures exceeded... more
Expansion in China
Supply chain and e-commerce service provider Arvato Supply Chain Solutions has expanded its network in China by adding a second facility in Shanghai and a new location in Guangzhou. The new sites complement the company’s existing offices in Shanghai, Kunshan, Shenzhen and... more
More international destinations via Pamyra
The logistics platform Pamyra.de has decided to expand its European network for long-haul transports as from 1 November 2020. As from that date, it will also deliver general cargo shipments to Belgium the Netherlands, Luxembourg, Austria, Poland and Czechia. Effective... more
New and old in Middlesbrough
Middlesbrough (UK)-based freight logistics specialist AV Dawson has drafted a GBP 10 million three-year masterplan to reshape the company's recently rebranded Port of Middlesbrough facility. The plan includes the construction of a renewable energy plant, a new head office... more
K+N: less traffic, more profit
The Schindellegi (Switzerland)-headquartered Kuehne + Nagel Group stuck to profit instead of volumes in Q3/2020. While net turnover and ebit decreased over the first nine months of 2020 with CHF 14.8 billion (-5.7%) and CHF 790 million (-5.9%), ebitda with CHF 1.4 billion was... more
Relocation of banana ripener in UK
The British branch of the French Compagnie Fruitière, a supplier and ripener of fruit founded 1938 in Marseille, has taken up operations in a 23,000 sqm ripening facility at DP World London Gateway. The new ripening centre for bananas will replace Compagnie Fruitière’s existing... more
Warehouse development close to Birmingham
The authorities have given the green light for a new logistics development in Walsall to be carried out by the St Francis Group. The permission was granted for a major new warehouse of 38,000 sqm at a site in Darlaston, adjacent to the M6 near Wednesbury in the West Midlands.... more
Waberer's shares sold
Hungarian trucking company Waberer’s International reported that Mid Europa Partners (“Mid Europa”) – the majority shareholder – agreed to sell 24% of the issued share capital in Waberer’s to Trevelin Holding, a member of the Indotek group. Based in Hungary, the Indotek group... more
Parcel-driven growth at Post NL
On the basis of its business development, the Netherlands-based Post NL foresees an improved full year performance in 2020. Since Q3/2020 was strong (concrete figures will be published by 2 November), just as the first midyear, Post NL now expects its full-year 2020 normalised... more