Managing 500,000 shipments by 2024
Contract logistics specialist ID Logistics is extending its Ideo control tower in Europe with the creation of a subsidiary in Poland. The new location will add about thirty more supply chain managers to Ideo’s network, which is based in Saint-Priest, France. From 2024, Ideo... more
LEI and EFL Global merge
The supply chain and logistics provider EFL Global, which is headquartered in Sri Lanka, has acquired the Canadian family-owned logistics company Locher Evers International (LEI). The acquisition is effective immediately, and the company will operate as a subsidiary of EFL... more
Astre growing in Portugal
Transport and logistics service provider Astre has added Transportes do Valado to its network, thus expanding its portfolio on the Iberian Peninsula. Valado is a Portuguese company that operates in 193 countries worldwide. It has a fleet of 114 road transport vehicles and has... more
Sea freight and overland transport boost business
The German general cargo cooperation Cargo Line closed FY/2022 with around 13.11 million outbound shipments and a 3.3% increase in turnover to EUR 1.57 billion. The European land transport segment in particular grew by 1.3% to 3.16 million shipments. The company’s operations... more
Growing step by step
Carousel, headquartered in UK, recently acquired Dublin-based Alltrans, which has boosted its Ireland network. The companies have successfully integrated their IT and operational systems and are now investing in additional sites at Dublin airport in Ireland. Meanwhile,... more
New plant in India opened
With its new plant in Bangalore, the Hubner Group is strengthening its presence in India and significantly increasing its production capacities for mobility markets in the Asia-Pacific region. Hubner India produces inter alia over 500 gangway systems for Indian Railways and... more
Seifert approaches the EUR 300 million mark
The German-based Seifert Logistics Group (SLG) closed its 75th financial year with a record turnover of over EUR 260 million, which is an increase of 20% compared to 2021. The main growth drivers were the logistics division and the opening of the new logistics centre in Ulm... more
Rhenus expands footprint in the Balkans
Continuing its expansion in Croatia, Rhenus is taking over logistics provider Trans Integral, two years after the successful integration of freight forwarder Log Adria. This acquisition is part of the plan to enlarge Rhenus Group’s presence in the region and augment its... more
DB Schenker's 18th terminal in Poland
DB Schenker is expanding its network of 17 terminals in Poland and opening a new facility in Toruń, Kuyavian-Pomeranian region. The property includes a cargo handling hall with an operating area of more than 4,800 sqm and modern office spaces on a plot spanning 41,000 sqm.... more
SGL launches logistics hub for Eastern Europe
Scan Global Logistics (SGL) is opening its first wholly owned office in Bucharest, Romania, which is fast becoming the logistics hub for Eastern Europe. The new location will help strengthen the forwarder’s position in the Balkan Peninsula by leveraging its existing locations in... more