Segro exits Austria 
Segro has sold City Park Vienna, which comprises a cross-dock warehouse, a recently developed urban warehouse park and development land, to Nuveen Real Estate. The asset was sold for EUR 65 million, in line with the December 2019 book value. The warehouses total 20,100 sqm... more
Ekol strengthens partnership with Regatta
Ekol Logistics in Poland and UK-based outdoor clothing company Regatta recently signed a new six-year contract. The companies have been working together since January 2018. Until now, Ekol Poland has been running a 10,000 sqm warehouse for Regatta and storing 28,000 stock... more
Gebrüder Weiss down under
Austrian transport and logistics company Gebrüder Weiss is looking forward to opening country branches in Australia and New Zealand on 1 July 2020. These will be the company’s first offices in the southern hemisphere. The future air & sea locations will be situated in... more
ALS and Norsea join forces on wind logistics
In partnership with Norsea (part of the Wilhelmsen group), ALS is increasing its investment in the onshore and offshore renewables sector by launching a new logistics company, Elevon, whose sole focus is to support the wind industry. Furthermore, Wallenius Wilhelmsen and the... more
Paycargo Capital offers credit facility
Paycargo Capital, a sister company of the online payment platform Paycargo, is working with businesses in the fresh produce supply chain to provide fast and flexible financing for the movement of perishable cargo. Customers of Paycargo in North America can apply for credit of... more
Temperature control is essential
Logistics service provider trans-o-flex has measured the temperature in non-temperature-controlled delivery vehicles throughout Germany – result: no shipment is safe without temperature control. "Regardless of the time of day and whether the shipment is transported in... more
Europa opens warehouse in Corby
Europa Warehouse has moved into its new GBP 60 million 3pl facility in Corby on schedule. The team has already won a substantial new client contract, which means that the facility is reaching capacity. Located on a 101,172 sqm site at Midlands Logistics Park, the ground... more
ESR develops last-mile facility in Incheon
ESR has signed the agreement on a development joint venture named ESR-KS II with APG and Canada Pension Plan Investment Board. ESR-KS II will be seeded initially with a prime land site situated in Incheon City, on which a large-scale, multi-tenant facility with a gross floor... more
Planet project celebrates kick-off meeting
Planet (progress towards federated logistics through the integration of TEN-T into a global trade network) has celebrated its kick-off meeting. Planet is a research and innovation project co-founded by the EU through the Horizon 2020 mobility for growth programme. With a... more
Quehenberger opens facility in Belgrade
The demand for logistics services in Serbia is increasing significantly. Quehenberger Logistic SRB has just moved into a new facility, attractively situated, right next to the highway, near the Šimanovci pay toll, at the western entrance to Belgrade. The new location offers... more