Imperial logistics: latest results 
Before the prospective takeover by DP World in February 2022, Imperial logistics has presented the figures of its last financial year, which ended 30 June 2021. Revenues were up 13% to ZAR 52.2 billion (USD 3.69 billion), ebitda rose more strongly by 22% to ZAR 4.99 billion... plus
A Projects acquires Trans-Trading
The Belgian group A Projects, which is based in Antwerp, has inked an agreement to acquire Trans-Trading Internationale Spedition, a German international freight forwarder that has regional offices in Willich, Hamburg and Munich. With this takeover, A Projects will further... plus
Dimotrans sees crystal clear
The Lyon-headquartered Dimotrans Group recently acquired 85% of the capital of Crystal, a provider of intermodal services specialising in the air and maritime overseas segments. Four of Crystal Group's historical partners keep the remaining 15% of the capital. They will... plus
Fresh cash for AI startup
It is a good time for tech logistics start-ups: Singapore-based Portcast has completed its USD 3.2 million pre-series A financing led by Newtown Partners with Wavemaker Partners, TMV and Innoport and SGInnovate to make artificial intelligence profitable in logistics.... plus
New location in Bavaria
Gebrüder Weiss' new location in Straubing in Lower Bavaria (Germany), will be operational from October, enabling the international transport and logistics provider to further consolidate its land transport network across southern Germany. The new site will be based at a... plus
For cool freight in Singapore
At Singapore’s Changi International Airport, Ceva Logistics has launched its temperature-controlled airfreight station as a healthcare logistics hub for the Asia Pacific region. The cold station lies within the free trade zone of Singapore's airport logistics park. Ceva's... plus
Relocation around Atlanta
Tirehub, a joint tire distribution company of Bridgestone Americas and Goodyear, has opened a new logistics and distribution centre in Kennesaw, Georgia to better serve the Atlanta metropolitan area. The previous centre was in Lawrenceville in the same state, about 80 km... plus
Diligent robots in Dortmund
The Auto Store system in Dortmund, which boasts the largest number of robots in one location in Europe, is operational. The system was built in a new hall with a floor space of 7,700 sqm and is specially designed for international players in the fashion industry with a... plus
Heppner expands in Ruhr region
The French Heppner Group, which was founded in 1925 and specialises, among other things, in cross-border freight transports between France and Germany, has acquired ABC-Logistik, ABC-Warehousing and incharge, a family-run group of companies based in Düsseldorf and Krefeld.... plus
Big deal over China Logistics
The real estate affiliate of the major e-commerce player JD.com has purchased a controlling stake in the Hong Kong-listed China Logistics Property Holdings (CNLP) with a portfolio of 65 distribution centres and logistics parks. The 26.38% stake in the company currently belongs... plus