Dutch acquisition for Lagermax 
Lagermax Logistics Austria is taking over the Dutch logistics company MOL Cargo with retroactive effect from 1 July 2022. In addition to classic transport and logistics solutions, MOL Cargo specialises in the carriage of motorbikes. The company is based in Tiel, the Netherlands... plus
Simarco goes forward
Simarco International, a supply chain, freight and warehousing company in UK and Europe, has contracted British transport provider IT Forward Solutions. The onboarding process with the new client started earlier this year, the roll-out is expected in 2023. Simarco first met... plus
A new project close to Hamburg
On its home turf in Hamburg, project developer Garbe Industrial Real Estate has purchased a plot of land in Lüneburg that is around 33,000 sqm in size and ready for development. Garbe is planning to build a logistics property measuring approx. 20,000 sqm on this site.... plus
Expeditors cautiously optimistic
Expeditors International, founded in 1979 and based in Seattle, has announced its financial results for Q3/2022. Revenues increased by 1% to USD 4.4 billion, while operating income rose by 8% to USD 527.0 million. Freight volumes dropped, however. Air freight tonnage volume and... plus
Airlines boosting Freightos
Freightos, a global freight booking and payment platform, has reported its results for Q3/2022. Revenues saw an uptick of 53%, amounting to USD 4.7 million. Transactions increased to 192,000, up 28% from the second quarter. Growth was particularly strong in airline e-bookings.... plus
More tech staff in India 
DP World recently launched its latest innovation centre in Gurugram, which will soon host 240 staff working on specific solutions for global supply chains. "The new centre, around 17 km southwest of the Indira Gandhi International Airport, will house development teams that... plus
Onmove acquires Transin Logistics
Indian trucking aggregator Onmove has acquired all the shares of Transin Logistics, a Hyderabad-based trucking aggregation platform. "Powered by a network of 34,000+ trucks catering to the exim and bulk cargo segments, Transin serves blue-chip clients such as Aditya... plus
Repeated warnings for overland transport
The European Freight Association of International Freight Forwarders (Elvis) fears an imminent economic downturn in the transport and logistics industry. According to the association, numerous indicators, including inflationary trends, point to a coming crisis. The association... plus
1,000 robots announced
DHL Supply Chain has announced a USD 150 million investment in warehouse robotics solutions and automation at its Australian warehouses. The company plans to introduce 1,000 robots by 2025. The measures include the deployment of assisted picking robots in a multi-customer... plus
Expansion in Georgia
Gebrüder Weiss is celebrating ten years of operations in the Georgian market. In the past five years, the company’s land transport services have moved nearly 75,000 consignments with a total weight of 311,000 t. Now, the current company's infrastructure is no longer sufficient.... plus