FM Logistic opens pharma warehouse in Romania 
French logistics and transport services provider FM Logistic has opened a EUR 20 million dedicated cold storage warehouse in Bucharest (Romania) to meet demand from the growing pharma and healthcare industry. The facility comprises a 10,000 sqm area for the receipt, storage... plus
Rakuten expands national presence
Rakuten Super Logistics (RSL), a national provider of e-commerce order fulfilment, will open six additional fulfilment centres in 2019, expanding its operations to a total of 18 markets. Mike Manzione, CEO of RSL, said: “Houston and Los Angeles will be our first expansion... plus
Elsen overshoots the EUR 100 million turnover mark
The Elsen Group generated turnover of EUR 103 million in 2018, 11% more than in 2017. Strong growth in the group’s logistics operations business field made a major contribution to the increase. This year Elsen plans to open a site in the Göttingen region (Germany) and expand its... plus
JV between Kerry Logistics and E-Services Group
Kerry Logistics is establishing a new joint venture with E-Services Group, an Asia-based international e-commerce company. The JV will strengthen global e-commerce fulfilment capabilities, especially in the Greater China region. The joint venture, Kerry ESG, will combine... plus
Strong year for Europa Showfreight
Europa Showfreight, a division of UK-based Europa Worldwide, boosted its turnover by 30% and its overall profit by 17% in 2018. The team expects this year to be even more successful and is now looking to recruit new staff. Jeff Broom, Showfreight manager at Europa, said the... plus
XPO hoists revenue to USD 17.28 billion
XPO Logistics has announced its full year 2018 financial results. The company's revenue rose by 12.3% to USD 17.28 billion (2017: USD 15.38 billion). Organic revenue growth, which excludes the impacts of fuel and foreign exchange, was 9.3% year-on-year. The 2018 net income... plus
BLG Logistics working for Puma
The sportswear manufacturer Puma has started to build a new logistics and distribution centre on an around 12 ha tract of land in Geiselwind, located between Würzburg and Nuremberg (all Germany). The service provider BLG Logistics is responsible for the overall project... plus
New logistics site for Yusen in the Netherlands
Yusen Logistics Benelux has opened a new logistics centre in Moerdijk (Netherlands). The multi-customer warehouse offers a storage capacity of 30,000 sqm, accessible via 30 loading docks, along with 900 sqm of office facilities. The flagship facility in Moerdijk will also be... plus
Deutsche Post DHL and SF Holding conclude supply chain deal
Deutsche Post DHL Group has concluded a landmark deal to transfer its supply chain operations in mainland China, Hong Kong and Macau to SF Holding. The transaction involves the supply chain business and has no bearing on DPDHL Group’s business activities in international... plus
Ebitda target is coming closer
In 2018 Agility reported a net profit of KWD 81.1 million (USD 267 million), up 18.4% compared to 2017. Revenue for the year reached KWD 1.55 billion (USD 5.1 billion), and ebitda was KWD 154.8 million (USD 509.6 million), increases of 10.2% and 14.5%, respectively.... plus