Building up the air cargo branch 
A takeover in the Netherlands: Global Transport Solutions (GTS), the holding company of Marinetrans and Best Global Logistics, has acquired Cargo Holland, a freight forwarder specialising in air freight solutions located at Schiphol Airport. Marc Kort (CEO of Cargo Holland) has... plus
When two networks become one
It is a fresh marriage. The networks Ifln Global Projects and Largo are joining hands. The two project freight forwarder networks have formed “Project Logistics Solutions”, an alliance to strive for synergies that can accrue from greater global coverage, local know-how and... plus
For Ikea in Bergkamen
DHL Supply Chain, an affiliate of DHL Group for contract logistics, has opened an automated fulfilment centre in Bergkamen, Germany, for its customer, home furnishings group Ikea. The facility is intended to store and distribute goods for Ikea’s fast-growing B2C online business... plus
DC near Bangkok operational
Bolloré Logistics has officially opened the gates of its new warehouse and distribution centre in Thailand. The Smile Hub is situated in Bangplee, near Bangkok, 23 km from Suvarnabhumi International Airport. With a surface of 11,000 sqm, the facility will be dedicated to the... plus
ID Logistics opens its first site in Italy
With its e-commerce business booming, the French group ID Logistics has expanded into Italy and inaugurated a new facility in Casei Gerola, between Genoa and Milan. "This is now the 18th country in which we have opened our own location," said Eric Hémar, president of... plus
Fiege's next warehouse operational
Contract logistics provider Fiege has finalised its multi-user centre at the Peine Ost industrial estate, close to Hanover, Germany. 30,000 sqm warehouse surface is spread across three hall bays. Once fully completed, the new logistics centre will have created up to 150 new... plus
Reefer player changes hands
Two financial investors have taken over Envirotainer. The Swedish EQT and the fund Mubadala Investment from the United Arab Emirates have inked the deal with the previous owners, the British investment company Cinven and the Danish pharmaceutical group Novo Holdings. The... plus
Aramex invests USD 265 million
CEP provider Aramex has entered into a binding agreement to acquire Access USA Shipping, better known as "MyUS", a USA-headquartered digital platform enabling cross-border e-commerce. The purchase price is USD 265 million. The takeover is still subject to customary... plus
K+N Russia goes to Perry Neumann
It is a special kind of MBO. On 3 June 2022, the Switzerland-based logistics group Kuehne + Nagel signed an agreement to sell its business in the Russian Federation to its local managing director Perry Neumann. Since March 2022, the company had temporarily suspended all... plus
DIY store in the border triangle
Hornbach Baumarkt has taken out a lease on the Panattoni Park Freiburg Süd in Neuenburg am Rhein just as construction is getting underway. The German family-run company operates DIY and garden centres in Germany and other countries in Europe. Hombach will use the Neuenburg... plus