Asian markets to expand till 2030? 
It is not necessarily only Asians which are expecting their markets to boom. A recent study conducted by UPS emphasises that "Asian markets are becoming the global epicentre for new consumer demand." According to these findings, trade among twelve key markets in... more
Thanks to Schenker, DB is back in profit
The Deutsche Bahn Group (DB) is back in the black. Despite the burdens on the rail business caused by the pandemic, the war in Ukraine and the sharp rise in inflation, the company closed 2022 with a significant operating profit. The operating result (ebit adjusted) improved by... more
EV Cargo boosts Chinese network
EV Cargo has expanded its air and sea freight office network in China with the recent opening of new branches in Shanghai, Ningbo and Qingdao, adding to its existing footprint in Shenzhen and Hong Kong. The development sees EV Cargo extend its global network of owned offices and... more
Warehouse extension for French milk branch
Real estate company Argan is building the second phase of its logistics warehouse in La Crèche, Western France. The facility is being leased to Eurial, the milk branch of the Agrial cooperative group. The two new 12,400 sqm cells will extend the future complex to 32,800 sqm... more
Truck toll hike angers German freight forwarders
The forwarding industry reacted with furious criticism to the coalition committee's decision to significantly increase truck tolls. “The decision to double the truck toll from 2024 is political hara-kiri," said Dirk Engelhardt, spokesman of the board of the German logistics... more
Ceva: high tech robots for Belgian hub
Ceva Logistics and Geek+ are teaming up to use autonomous mobile robots (AMR) to speed up and streamline the shipment of favourite footwear and apparel to their customers. The programme of modernisation at Ceva’s Grobbendonk warehouse, located in Belgium’s Antwerp province,... more
A tough year for KLN
2022 was a turbulent year for Kerry Logistics Network (KLN). Inflation, rising interest rates, overstocking, changes in consumers’ spending patterns and overcapacity all led to a sharp drop in global product demand and purchase orders in H2/2022, the company said. Despite... more
Road services consistently positive
The German-based Geis Group closed the past year with a new sales record: The global logistics service provider achieved net sales of EUR 1.335 billion in 2022, up 14.5% compared to 2021. All in all, the Geis Group employs around 6,600 people at 125 locations in seven European... more
Expansion in southeastern Europe progressing apace 
The Albanian capital Tirana is set to serve as a hub and complete the forwarding company’s network of offices in Southeastern Europe. more
Kadmar’s first green logistics park in Sokhna
The Kadmar International Group is building its first green logistics park in Sokhna Port, Egypt. The logistic park is the first ready-built warehouse to register for green certificate, providing further supply chain resiliency to businesses in Northern Africa. The project... more