Old Dominion does well in 2021 
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In 2021, USA-based transport firm Old Dominion, NC, saw its revenues surge by 31.4% to USD 1.4 billion. Profit grew even stronger, by 46.9% to almost USD 279 million. The average number of full-time employees increased by 20.3% in Q4/2021. Old Dominion’s president and chief... plus
Logistics real estate a winner 
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According to an analysis published by BNP Paribas Real Estate, Germany’s logistics markets grew very strongly in the Corona pandemic. With a record 9 million sqm (incl. owner-occupiers) in use in 2021, the previous year’s figures were exceeded by 32 % and the ten-year average by... plus
C.H. Robinson all over the ocean 
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3PL C. H. Robinson has released its full-year results for 2021: revenues went up by 42.5%, amounting to USD 23.1 billion. Operating income grew almost to the same extent, with a 37.8% uptick to USD 1.08 billion. Yet, profit margin rose only slightly from 4.15% in 2020 to 4.68%... plus
Swedish double strike in the south 
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Founded in Gothenburg in 2003, Swedish freight forwarder NTEX recently acquired the transport and forwarding company Scanroad in Belgium and shares in the Italian freight company ITX Cargo. It is a further step on a path already taken, since the Swedes acquired Scanroad Sweden... plus
GDP and WDA for NX Spain 
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Two certificates at the same time: Nippon Express de España has obtained the wholesale distributor authorisation (WDA) and good distribution practice (GDP) certification from the Catalan department of health. Effective 24 January 2022, temporary storage, import/export... plus
Developing Angola's logistics sector 
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Port and terminal operator DP World and the government of Angola have inked a memorandum of understanding (MoU) to develop the country’s trade and logistics sector. The Dubai-headquartered DP World player started operations at the multipurpose terminal (MPT) at the Port of... plus
New Australian location for Geodis 
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Geodis is planning to open a new warehouse facility in Australia. The 4,500 sqm warehouse, which is due to be operational by H2/2022, will feature 4,000 pallet locations, 1,500 sqm of bulk space, and a cool room for perishable goods supply to marine and hospitality logistics... plus
Money from Logista 
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At their recent general meeting, the shareholders of Madrid-based Logista, a specialist for proximity distribution services in southern Europe, approved the distribution of a dividend of EUR 164 million, up 5.1% compared to the previous year. This dividend represents the... plus
Latin American location for Leschaco 
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In February 2022, the Transantartic S.A.C. (TPL), a freight forwarding company based in Lima, Peru, was taken over by the German logistics group Leschaco (Lexzau, Scharbau). The Peruvian player had been a part of the Leschaco Group's agent network for more than ten years.... plus