More Raben in Romania 
The Raben Group has added two new locations in Oradea and Buzau to its nine existing warehouses in Romania. The existing three warehouses in Bucharest, Sibiu and Timișoara, which have been operational since 2021, have a cross-docking area that can also offer logistics solutions.... plus
Nordic Transport Group buys US player
The Nordic Transport Group (NTG), founded in Denmark in 2011, is acquiring US-based Aries Global Logistics. AGL is an international air and ocean freight forwarder founded in 1985. This is the group’s largest deal so far, after it bought the Swiss Group Gondrand in 2018, amongst... plus
2021 a pushy year for Liebherr
In 2021, the Liebherr Group achieved a total turnover of EUR 11.6 billion which corresponds to a rise of 12.6% or EUR 1.3 billion compared to the previous year. The group was thus almost able to match its previous record year in 2019 in terms of annual turnover. Net profit for... plus
New platform for Tanzania's businesses
DP World is launching its wholesale e-commerce platform dubuy.com in Tanzania. The online marketplace will attempt to give Tanzanian businesses more opportunities to buy wholesale products across a variety of categories both domestically and abroad - and a broader access to... plus
Bolloré and MSC clinch deal in Africa
White smoke is rising. The negotiations between the French Bolloré Group and the Geneva-headquartered MSC, which were announced in December 2021, have come to a successful conclusion. On 31 March 2022, the Bolloré Group inked the contract of sale with the MSC Group for 100%... plus
Repurchase of Gefco shares?
The Gefco Group hasn't remained untouched by developments in Eastern Europe. Since RZD, the Russian railways, bought 75% of its capital in 2012, the sanctions imposed on its shareholder by the European Union are having a negative impact on the group’s activities, in the UK, for... plus
Smiling faces in Hong Kong
2021 was good to Kerry Logistics. In its annual results, the Hong Kong-based group reported revenues amounting to HKD 81.7 billion (USD 11.2 billion), a rise of 53% compared to 2020 (HKD 53.3 billion). Operating profit clocked in at HKD 6.2 billion (USD 790 million), an increase... plus
MSK Pharmalogistik finds new location
The family-run pharmaceutical logistics service provider MSK Pharmalogistic from Heppenheim, Germany, is moving into a new location. In the new Panattoni Park Mannheim North, the company is planning a logistics centre certified as GDP (good distribution practice) and GMP (good... plus
French takeover in Singapore
Singapore-based Keppel Logistics is to be Geodis' next acquisition. The takeover is designed to increase the French Group's contract logistics footprint and e-commerce fulfilment services in Singapore and Southeast Asia, as CEO Marie-Christine Lombard said. Keppel Logistics... plus