Rebranding in Brazil 
International project logistics management company Trans Global Projects Group (TGP), which is headquartered in UK, has renamed transport and logistics provider NPT Brasil (NPT). Part of the TGP Group since 2018, NPT will adopt the parent brand TGP. From now on, it will... plus
Astre Association renews contract with Recoa
The Astre European Transporters Association has ratified its agreement with Recoa Collection, a company that specialises in the recovery of unpaid credits. In June 2020, three months after the outbreak of the pandemic, Astre reached an agreement with Recoa which became the... plus
What Cargo Digital World has to offer
At a recent press conference, European general cargo cooperation Cargo Line presented Cargo Digital World (CDW), a company which was founded in Paderborn in January 2021. CDW’s aim is to offer technology-based logistics solutions in cooperation with logistics start-ups. ... plus
Agility becomes DSV Panalpina
After acquiring the Inkas Group of companies in 2021, UTI Worldwide in 2015 and Switzerland-based Panalpina in 2018, Danish transport and logistics company DSV is taking over Agility Global Integrated Logistics (GIL). The transaction is valued at USD 4.2 billion (DKK 26... plus
E-commerce: great expectations
Inspired by a recent report issued by Transport intelligence (Ti) on the global e-commerce logistics market, which grew by 27.3% in 2020 and is expected to hit EUR 557 billion by 2025, Simon Wong, CEO of the Hong-Kong-based U-Freight Group said: “E-commerce has been one of the... plus
Geis contracts and improves
Germany-based Geis Group carried out a portfolio adjustment in 2020, but ended the financial year on a positive note. In 2020, the internationally active logistics service provider achieved net sales of just over EUR 1 billion. Managing partners Hans-Georg Geis and Wolfgang... plus
Toll's Express brand to stay for two years
Toll Group is selling its global express business to Australian Allegro Funds, a private equity firm. The global express business provides express parcel, freight delivery and domestic forwarding services in Australia, and transport and contract logistics services in New... plus
Strong environment for K+N
Q1/2021 brought large profits for Kuehne + Nagel. Net turnover (CHF 6 billion), ebit (CHF 431 million) and a CHF 318 million profit in this quarter were all significantly above the levels of Q1/2020. The positive turnaround, which had already begun in the second half of 2020,... plus
Ceva: two air cargo services 
Ceva Logistics, the Switzerland-headquartered logistics arm of CMA CGM, has launched two new services. First, the company announced its Skycapacity programme, guaranteeing access to global air cargo capacity for customers in a volatile market. To this end, the company has... plus
Unipart remains on course in 2020
Releasing its 2020 results, British group Unipart reported that group turnover declined slightly with GBP 786.7 million (1.6%), while underlying group profit before interest and taxation dropped to GBP 16.1 million (2019: GBP 17.8 million). Despite unprecedented demand, in... plus