Ready for the shift in routes
Any logistician such as Gürhan Takil, the head of the forwarder Taklog, who serves markets in the Caucasus, the Middle East as well as in Central Asia, had to be flexible even before the outbreak of Covid-19. Since the northern route of the New Silk Road was eliminated the small... more
New brand for enhanced end-to-end solutions
PSA Cargo Solutions, a business unit of Port of Singapore Authority (PSA), will combine with BDP to form the new brand PSA BDP. This decision follows PSA’s acquisition of BDP in April 2022. Backed by the strength of PSA’s global network of more than 60 deep sea, rail, and... more
Farsound relocates
The Farsound team has moved into its new 5,389 sqm headquarters in Brentwood Essex, UK. The state-of-the art property is located close to Farsound’s old HQ building and has been designed and built entirely from scratch. The building, which is considerably bigger than the... more
Pall-Ex network to get new tracking software
Pall-Ex in UK is partnering with technology specialist The Algorithm People which will help to offer best in class tracking for customers. Following an extensive tender process, Pall-Ex chose The Algorithm People’s Optimize package to help deliver its Nexus ETA project. This... more
Two log tech companies to exploit synergies
ITA Consulting Group, provider of the B2B multi-carrier shipping solution Letmeship, is strengthening its position in the European courier, express and parcel (CEP) market with the acquisition of Parcelparcel. Founded in 2013 in the Netherlands, the company helps companies in... more
Agility grows through acquisitions
Kuwait-based Agility had a strong 2022, which was marked by two major acquisitions. The group reported full-year 2022 earnings of KWD 68 million (EUR 205 million), an increase of 180.7% over the same period in 2021, excluding results from its global integrated logistics unit,... more
Fashion brand moves to fancy Frihamnen port
Ports of Stockholm and Gant have signed a seven-year tenancy agreement for 4,700 sqm of premises at Frihamnen port in Stockholm, Sweden. The premises are on the ground floor of the Magasin 3 building, one of the historic warehouse buildings at the port with a panoramic view over... more
EUR 10 million logistics hub to open in September
Global freight forwarder Geis Group is building a new logistics terminal n Naila, Upper Franconia, Germany. Construction was symbolically kicked off with the ground-breaking ceremony on a 56,000 sqm plot of land in the Kalkofen industrial estate. Geis Bischoff Logistics will... more
UPS investing in healthcare segment
Logistics provider UPS has opened a new location for healthcare products in Giessen. It is the first UPS branch in Germany to specialise in such products. The new hub has a GMP- and GDP-compliant certified area of 27,200 sqm and also offers a modern track-and-trace system,... more
Carbon neutral warehouse for UK’s Midlands
PGS Global has invested GBP 10 million (EUR 11.3 million) in developing the greenest storage and distribution hub in central England to support the growth of European manufacturers and retailers. The purpose-built carbon neutral warehouse is attracting strong interest from... more