A toast to the Canadian market 
The Mullen Group has entered into a letter of intent to acquire Container World Forwarding Services and its subsidiaries by Q2/2024. Container World is a Canadian logistics provider specialising in the alcoholic beverage and hospitality industries. It provides forwarding,... plus
PS Logistics acquires flatbed division
Blair Logistics, a subsidiary of USA-based PS Logistics, has acquired the flatbed division of ELS, one of the country’s largest 53-foot flatbed carriers. Now operating 500 power units and 1,250 over-length trailers, ELS was founded in 2009 and is headquartered in Kenly,... plus
Service UK quotidien 
Europa Worldwide change de partenaire en Suisse. Début 2021, le Brexit a pesé lourd sur les échanges de marchandises entre la Grande-Bretagne et la Suisse. Le redressement progressif gagne pourtant en vitesse. C’est là qu’intervient le nouveau partenariat entre Europa Worldwide... plus
A new logistics provider for Egypt
The German EMS-Fehn-Group has established a new company in Egypt after decades of experience in the Middle East and North African market. EFG Logistics Services will be headquartered in Cairo, from where the team will offer road, air and sea transport services and complex... plus
Creating high-precision AGVs
Using Kollmorgen technology, the Chinese chemical company Heli has introduced automated guided vehicles (AGVs) that can carry 3 t-pallets of soft bags. The specialised AGVs are in service at the company’s site in Xinxiang, moving pallets of soft bags with fertilisers within the... plus
Signing up for another five years
XPO Logistics is extending its partnership with Saint-Gobain PAM UK, a producer of pipelines and fittings for water networks based in Derbyshire. The logistics provider has been operating 20 sites in the UK and Ireland for Saint-Gobain since 2018, including 31,587 sqm of... plus
Swiss Post banned from takeover
Last Friday, Switzerland’s Competition Commission (Comco) forbade Swiss Post to take over the Quickmail Group. The commission said that the transaction would eliminate effective competition, and that there was also a market-friendly alternative. As both companies are engaged... plus
Wincanton sold for GBP 566.9 million
Ceva, a subsidiary of the French shipping company CMA CGM, is buying the British logistics provider Wincanton for the price of GBP 566.9 million. Shareholders will receive 450 pence per share in cash as Wincanton will reach an enterprise value of GBP 764.9 million. “While we... plus
Panattoni: a hub in the city centre
Panattoni Germany is welcoming three new tenants to its City Dock hub in Berlin, leasing four units of its 57,000 sqm site. Alstom Transportation Germany will take over two units totalling 2,700 sqm as a spare parts warehouse for railway vehicles. Lyerco Deutschland will use... plus
Two major deals in India's real estate sector
Indo Space, a major logistics real estate player in India, has recently clinched two deals expanding its scope in the country. At the recent WEF in Davos (Switzerland), the developer signed an MOU with the Maharashtra government, planning to acquire 404,686 sqm and invest... plus