MLP: revenue up by 51% 
In H1/2023, the operating income of Warsaw-based MLP Group, which is developing its operations in Poland, Germany, Austria and Romania, reached PLN 185.7 million (EUR 40.3 million), +51% yoy, and ebitda without revaluation amounted to PLN 97.2 million (EUR 21.1 million), +63% vs... more
A Swiss purchase for Japanese logistics group
Nippon Express is acquiring the Tramo group, a European shipper specialising in luxury furniture markets. The deal is estimated to be worth just over 10 billion yen (USD 68 million). By buying Tramo, Nippon Express aims to boost its competitiveness abroad, as a shrinking... more
Fercam to form groupage and contract logistics JV
Dachser and Fercam strengthen groupage and contract logistics business in Italy Press release - 23 August 2023 14:30 Press release: Dachser and Fercam strengthen groupage and contract logistics business in Italy Facebook LinkedIn Twitter Download as PDF Long-standing... more
A challenging year for Swiss Post
Financially, 2023 is a challenging year for Swiss Post. At CHF 165 million, the operating result as of mid-2023 was CHF 129 million below the previous year's figure. Alex Glanzmann, Swiss Post’s chief financial officer: "With digitisation, letter volumes and... more
Arrow Electronics showcases Chinese start-ups
Global technology-solutions provider Arrow Electronics hosted its annual "Arrow Technology Showcase" event in Shenzhen, China on 22 August 2023. Under the heading "Guiding Technovators to a Better Tomorrow”, the event brought together hundreds of technology... more
Celebrating post-lockdown growth
A West Midlands-based transport and logistics company which was founded during the height of the global Coronavirus pandemic has paid tribute to the Prime Accountants group for its support. Prime’s accountants were appointed by 24/7 Worldwide Exhibitions shortly after the... more
ESR sets up RBM 10 billion income fund
ESR Group has established its largest-ever RMB income fund with one of China’s major insurance companies, launching with a total investment capacity of approximately RMB 10 billion. The fund will be seeded with a prime logistics portfolio of RMB 2.3 billion from ESR’s balance... more
Agri-food logistics versus climate
In the food and agricultural industry, supply chains are dependent on relatively stable weather and mild temperatures in most crucial agricultural production zones. As climate change continues to escalate, the industry faces challenges in maintaining its supply chains.... more
PSA BDP launches Romanian office
PSA BDP, a provider supply chain, transport, and logistics solutions, has opened its first office in Bucharest, Romania. With this addition, PSA BDP now has nearly 140 offices around the globe. Romania has been actively investing in the development of its transport... more
Ceva Logistics expands presence in India
Founded in 2016, Stellar Value Chain Solutions in India is a key player in contract logistics with omni-channel fulfilment services in the e-commerce, automotive, food, and many more market segments. Ceva will acquire more than 70 facilities in 21 cities in India, taking over a... more