USD 31.3 million net income for Descartes 

The Descartes Systems Group has announced its financial results for the full fiscal year ended January 31, 2019. Revenues were up 16% to USD 275.2 million, compared to USD 237.4 million in the previous fiscal year. Income from operations amounted to USD 41.4 million, up 15%... plus
Panalpina montre ses muscles 

Le portail IT est rentable, le fret aérien croît et le fret maritime renverse la vapeur. Le logisticien suisse a connu une année positive. Les incertitudes et bruits tout autour de l’entreprise semblent donner des ailes aux activités quotidiennes. Reste à prouver si cela est... plus
Three new logistics parks by 2020 

Panattoni Europe, an industrial and logistics property developer, is to build three new logistics parks in Germany by 2020, in response to demand for more space. Construction work will start at Kaltenkirchen, near Hamburg, Schwanewede, north of Bremen, and Wörrstadt, near... plus
Continental Cargo Carriers relocates UK team 

The specialist part and full load operator, Continental Cargo Carriers (CCC), has completed the relocation of its Ramsgate sales and operations team to Dartford (both UK). The move was the first of a series of developments the business is announcing following its acquisition... plus
Swiss Post suffering 

2018 was full of woes for Swiss Post. The service provider was forced to repay more than CHF 200 million to the confederation and cantons for unlawfully subsidised public bus services. In addition, the Postfinance (bank) ebit shrank by more than 50%. The 2018 group revenue... plus
Pour chiens et chats 

XPO Logistics assure toutes les activités logistiques en Espagne et au Portugal d’un cybercommerçant, et ce depuis un centre à Guadalajara. Le vendeur de produits pour animaux domestiques enregistre une forte croissance sur la péninsule Ibérique. plus
Ntex builds up its trade with France 

The Swedish logistics services provider Ntex has taken over France Sped, a forwarder headquartered in Gothenburg that specialises in transport services to France and Belgium, a segment Ntex would like to expand. France Sped was founded in 1990, has seven employees and... plus
Neutral Air Partners joins forces with Priority Freight 

By appointing the Priority Freight group as its European partner in 2019, Neutral Air Partners (NAP) improves its members’ access to time-sensitive logistics solutions for the automotive market. Neutral Air Partners, headed by Christos Spyrou, has developed a global network... plus
Good year for Logwin from Luxembourg 

The Logwin Group increased its revenue to EUR 1.15 billion in 2018 (2017: EUR 1.12 billion) due to a favourable business development and concluded the fiscal year 2018 with a substantially higher operating result (ebita) of EUR 49.2 million (2017: EUR 38.1 million). The... plus
C.H. Robinson acquires Space Cargo Group 

C.H. Robinson has expanded its global network with the acquisition of The Space Cargo Group. The latter is a provider of international freight forwarding, customs brokerage, and other logistics services in Spain and Colombia. C.H. Robinson purchased Space Cargo for approximately... plus