Centerpoint buys hub in Texas 
Center Point Properties has acquired a 56,000 sgm warehouse and office building at 3507 Pasadena Freeway in Pasadena, Texas, from Link Logistics Real Estate. The company highlights the complex's portfolio of connections with the combination of rail service by Union Pacific,... plus
VW emboîte le pas à BMW 
Johor exerce un gros pouvoir d’attraction sur les constructeurs automobiles allemands. Après BMW il y a environ quatre ans, Volkswagen s’est doté d’un centre de distribution dans cet État le plus au sud du pays. Depuis là, 21 marchés nationaux sont desservis. plus
Aramex makes the day
Dubai-based CEP provider Aramex has reported its financial results for 2020. The revenues for the year amounted to AED 5.51 billion (USD 1.49 billion) a surge of 9% compared to 2019. The booming e-commerce activities left their mark over the year. Aramex’s international... plus
Uneasy times for XPO Logistics
Greenwich (USA)-headquartered XPO Logistics has reported for the full year 2020. The company generated revenues of USD 16.25 billion, a slight loss compared to the USD 16.65 billion in 2019 (-2,5%). Operating income went down significantly to USD 391 million from USD 821 in... plus
Scallog goes Brazil
Scallog, a supplier of logistics robots based in France, has formed a commercial partnership with the Brazilian company Cubicc, an integrator in picking and packing solutions. Cubicc will market Scallog’s goods-to-person robotic solutions in Brazil and more widely in South... plus
10th country joins WLP
The World Logistics Passport (WLP), a policy initiative launched by the state of Dubai in 2019 to increase trading opportunities between emerging markets, has welcomed Israel as a participant in the programme. As the tenth country to enter the WLP, whose trade strategy and... plus
First office in Manchester
At the beginning of 2021, Austria-based cargo-partner expanded its global network into the UK by opening its first British office in Manchester. This follows an investment in the local partner company Aztek International, which was founded in 2008. Cargo-partner now holds a... plus
Where UK traffic is growing
In January 2020, Munich-based logistics services provider Group 7 generated a significant 40% increase in turnover in its truck transports between Germany and UK compared to the previous year. Since its foundation in 2006, the company’s portfolio has included general cargo, as... plus
Woodland joins iPort
A new fulfilment and distribution facility has come on stream in Doncaster, Yorkshire, UK. Woodland Group, a British logistics company with offices across the USA, Ireland, Asia and Europe, has opened the warehouse due to new business won in the packaging industry. The group... plus
Chinese companies plan big takeover
SF (Shun Feng) Holding, which is listed on the Shenzen stock exchange, is offering to buy a 51.5% stake in Kerry Logistics Network, Hong Kong. The cash offer involves more than 931 million shares costing HKD 18.80 (USD 0.56) per share. In conjunction with the offer, Kerry... plus