Fedex can't help winning 
Fedex remains a winner of the 2020 pandemic. The company recently reported its consolidated results for the quarter ended 30 November 2020.In the three months from September to November, revenues surged from USD 17.3 billion to USD 20.6 million (+16.1%) compared to the same... plus
Hegelmann adds 1,000 trucks
Due to the spot market’s high demand for FTL transport, Germany’s Hegelmann Group is adding 1,000 trucks to its fleet in 2021. The acquisition involves replacement and expansion investments in roughly equal parts. The first tranche of 550 trucks from Daimler has already been... plus
New option for dangerous goods declaration
The Geis Group, based in Neu-Isenburg near Frankfurt (Germany), digitalised the registration of dangerous goods for its customer Siemens Healthineers within a few weeks, with the support of IT service provider Dakosy.The freight forwarding group, which surpassed the threshold of... plus
AIT Worldwide fills its war chest
Less than three months after taking over Fiege's IFF activities, AIT Worldwide Logistics has concluded its partnership with private equity group Quad-C Management. While Quad-C sold its full stake, the New York City-based middle-market financial firm The Jordan Company (TJC)... plus
KWE's new facility learns how to fly
The Malaysian affiliate of Japanese Kintetsu World Express (KWE) has started operations at the new warehouse in the Free Commercial Zone (FCZ) of Penang Airport, Malaysia. This follows a new warehouse which opened 3 km from Shanghai Pudong Airport in August 2020. Penang is... plus
XPO gives birth to GXO
US-headquartered XPO Logistics has created an umbrella spin-off of the group’s logistics business. The new company is to be named GXO Logistics. Brad Jacobs, current chairman and CEO of XPO Logistics, emphasised that the group's recent investments in technology have launched GXO... plus
Dachser bypasses congestion in US ports 
In response to the congestion in the ports on the US West Coast that has been increasing since February this year, Dachser has launched a LCL expedited service connecting China to the USA with a cut on dwell time. Providing much-needed reliability with fixed weekly schedules... plus
Picking tool easing the thirst
In November 2020, international logistics provider cargo-partner was contacted by a European beverage company that wished to put the distribution of its rapidly growing number of online customer orders on a new footing - especially in the USA. The customer chose... plus
Scottish Football Logistics worldwide
As official logistics partner of new Scottish premiership champions Rangers Football Club, Seko Logistics is gearing up for its biggest-ever sports logistics order fulfilment and global shipping campaign. Manager Steven Gerrard and his squad claimed Rangers’ 55th league... plus
More revenue for Gebrüder Weiss
Austria-headquartered transport and logistics company Gebrüder Weiss (GW) has reported its audited results for the pandemic year 2020. Revenues amounted to EUR 1.77 billion, a surge of 3.7% compared to 2019 (EUR 1.71 billion). The e-commerce boom produced a 29% increase in... plus