More growth - despite market challenges
Hellmann Worldwide Logistics increased its total sales by 24% to EUR 5.0 billion in 2022, with shipment volumes rising year-on-year to just under 20 million (2021: 18.1 million). Ebit grew by 31% to EUR 210.8 million. With an improved cash flow from operating activities of... more
Dupuy Group in USA changes hands
Ridgewood Infrastructure and Savage, through their Transportation Infrastructure Partners joint venture, has acquired Dupuy, a provider of near-port logistics infrastructure and services for customers in the food and agriculture sector. Dupuy was founded in 1936 and owns and... more
Maersk investing in Doncaster
Danish shipping and logistics provider Maersk has commissioned UK-based construction company Glencar to undertake comprehensive fit-out works at Mammoth, a 56,000 sqm warehouse development situated at G-Park Doncaster. The unit was built by logistics developer GLP and is the... more
Geis acquires majority stake in Quehenberger
The Geis Group, headquartered in Germany, is taking over 66% of the shares of Austria-based Quehenberger Logistics with retroactive effect from 1 January 2023. The remaining 34% are held by the previous majority owner Christian Fürstaller. As CEO of Quehenberger Logistics,... more
Faster deliveries between Germany and Ireland
Carousel, a European time-critical in-night logistics specialist, has launched a new air cargo route between Hannover, Germany, and Dublin, Ireland. The service was developed following consultation with existing customers requiring the shortest possible time between order... more
CFS speeds up access to Chittagong’s Port
DHL Global Forwarding has invested over EUR 2 million to expand its dedicated container freight station (CFS) space in Bangladesh. CFSs are a scarcity in Bangladesh, with less than 20 CFSs countrywide. These facilities help pick up goods from multiple suppliers and consolidate... more
Digitalisation is a marathon, not a sprint
Renewing and integrating forwarding software with experts –the example of Lamprecht Transport. It isn’t child’s play to translate the know-how of forwarding companies into suitable IT tools. A Lamprecht Transport digitalisation project is carrying this out in cooperation with... more
Expanding finished vehicle logistics in Spain
Ceva Logistics is expanding its finished vehicle logistics (FVL) services by taking full control of its 50/50 joint venture, Bergé Gefco. Ceva purchased the remaining 50% of the joint venture from Bergé, and the transaction was approved by the Spanish National Markets and... more
Increasing logistics activities in Europe
The company is on track for growth: logistics service provider DB Schenker has opened a new sustainable logistics centre in Contern, Luxemburg. The multifunctional warehouse is located near Luxembourg Airport and well connected to the regional highway network. It features 18... more
Seven new locations to bolster position in Asia
Emo Trans, a provider of international logistics and supply chain solutions, has opened three new offices in Bangladesh and four new offices in Indonesia. Both Indonesia and Bangladesh offer vast opportunities for growth, the company said. Deddy Syah has been appointed... more