Wincanton snaps up Cygnia 
Wincanton, a logistics service provider for the UK market, is acquiring 100% of the shares in Caledonia Bidco, the parent company of Cygnia Logistics, from Crescent Capital. Cygnia, which will continue to operate under its own brand, is a mid-market e-commerce and multichannel... plus
Logistics for climate-neutral project in Chile
The Swiss Kuehne + Nagel group will organise the offshore project logistics for the power-to-methanol part of the pilot phase of the Haru Oni project in Chile for Siemens Energy. The project is a collaboration between Siemens Energy and Porsche (both Germany) and Highly Innovate... plus
TGP refresh in India
UK-based Trans Global Projects Group (TGP), an international project logistics company headquartered in Kent, has founded its own national unit for project logistics in India. TGP Projects India became operational in July. Active in India for over 30 years, TGP used to have... plus
100% of ICT Logistics transferred
It is a Danes-only transaction with an international focus: ferry operator DFDS is acquiring all the shares of Danish freight forwarder ICT Logistics. Since 2006, DFDS has owned 19.9% of the shares in ICT Logistics, which prvides transport solutions between Scandinavia and... plus
A warehouse for a dozen countries
The shipper paves the way: Diageo, a major alcoholic beverage player worldwide and owner of brands such as Johnnie Walker, Captain Morgan, Baileys, Guinness, and FM Logistic have opened a new tax warehouse in Dudestii Noi, Timisoara County, in Romania. Around 12.6 million litres... plus
How young Hyperloop teams made it in Vegas
People do not go to Las Vegas only to get married. It was a tight race, and only two got through. The “Swissloop Tunnelling” research team from the Swiss Federal Institute of Technology (ETH) in Zurich was one of only two teams from the final twelve teams to qualify to complete... plus
Who brings Mexican tuna to USA?
Mexico’s Grupomar has contracted a new logistics service provider to bring its ‘Tuny’ branded canned tuna products to the United States. Grupomar is one of Mexico’s major producers of canned tuna and introduced its ‘Tuny’ brand in the 1990s. Dachser México now manages export... plus
Logistics hub in strategic location
French logistics group Geodis is building a new 130,000 sqm logistics hub in the Netherlands. To this end, the group is acquiring 215,000 sqm of land at Trade Port Noord from Greenport Venlo. The logistics facility will comprise a 130,000 sqm contract logistics site... plus
More warehouse space in Northern Germany
Logistics group Cargo-partner, which is headquartered in Fischamend near Vienna, is expanding its portfolio in northern Germany. The opening of a new logistics site 70 km southwest of Hamburg increases the network's capacity by 10,000 sqm. The new location will serve... plus
Echo Logistics is sold
Echo Global Logistics, founded in 2005, has inked an agreement to be taken over by funds managed by the private equity firm "The Jordan Company" (TJC). The transaction is valued at approximately USD 1.3 billion. Headquartered in Chicago with more than 30 offices in... plus