FSN Capital invests in MHP 
Scandinavian private equity company FSN Capital is to take over a majority holding in the MHP Solution Group, a provider of logistics software in the DACH region, from Elvaston Capital. The agreement provides for FSN Capital to acquire 77% of the shares in the company, with... plus
DB Schenker offers stability package
DB Schenker has approved a stability package for customers of its competitor Damco. Intended for affected companies, the package includes an offer to take over short-term service agreements of up to two months’ contract period for the same conditions as agreed with Damco.... plus
St Francis Group sells logistics space
St Francis Group announces the sale of 52,000 sqm of logistics space to Tristan Capital Partners. A Tristan Capital Partners fund has bought a GBP 68 million UK logistics portfolio from the Richardson family, which comprises Cransley Park, Kettering and Velocity 42, Redditch... plus
Fedex Logistics opens FTZ facility in El Paso
Fedex Logistics has launched another foreign trade zone (FTZ) location in El Paso, Texas, USA, the latest site to be opened by the company in addition to existing locations in Los Angeles, New York, Dallas and Chicago. These facilities enable importers and exporters shipping... plus
Zufall and konfid.io launch "Zukonft"
Medium-sized family business Zufall logistics group has partnered with the Berlin-based company konfid.io, software experts for blockchain technology, to found the joint venture “Zukonft”, as part its strategy to position itself for future and long-term competitiveness. A... plus
Simacan and Transfollow form partnership
Simacan, the cloud platform for transport and logistics, a Transfollow, an eCMR platform that links up the digital systems of shippers, carriers and customers, plan to deepen their cooperation and connect their logistics platforms for transport execution. Both companies... plus
Kuehne + Nagel distributes dividends
At Kuehne + Nagel's extraordinary general meeting, shareholders overwhelmingly voted for the new allocation of the available net profit for the business year 2019 which was approved by the company's ordinary general meeting of 5 May 2020. Hence, as of 8 September 2020, an... plus
Plans for new logistics site in Birmingham
St Francis Group has assembled a site of 117,359 sqm in Kings Norton, Birmingham (UK) for the development of new industrial warehouse space. Gareth Williams, director at St Francis Group: “We are delighted to have secured these strategic sites and to be able to promote a... plus
Better control for forklifts
After integrating the warehouse management system PSIwms from PSI Logistics into Junheinrich's forklift operation function, the forklifts that Polish retailer CCI deploys in its distribution centre can now be controlled automatically. The PSIwms software used... plus
Geodis launches parcel service
To provide European consumers with reliable delivery at an affordable price from North America, Geodis is launching a new, guaranteed four-to-six-day B2C delivery service from the United States to 27 European countries for companies seeking to develop their international online... plus