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
A new logistics hub near Leipzig/Halle Airport
Garbe Industrial Real Estate has acquired a plot of land measuring around 100,000 sqm in Kabelsketal (Saxony-Anhalt, Germany), only a few kilometres west of Leipzig/Halle Airport. Garbe is planning to build a 61.500 sqm logistics hub on the site. Construction is scheduled to... more
A holistic logistics specialist in the making
Sievert Logistik has founded a new import/export division to offer its customers the full range of customs clearance services. These user-friendly new options, which are not linked to a transport order, enable customers and shippers to ensure that their consignments are quickly... more
Warehouse space added in Singapore
JC Movers has signed a lease for a brand-new warehouse at Tampines, making this its second storage facility in Singapore. With this addition, the removal company aims to expand its storage capacity to meet the needs of its growing pool of customers as well as provide affordable... more
Kukla at full throttle
With its eleven associated companies and the head office in Munich, Germany, intermodal and short-sea logistics provider Kukla transported 180,000 units and achieved a turnover of EUR 248.7 million in 2022, 22% more than in 2021. According to the company, the... more
Expanding logistics capacity in South America
A new fulfilment centre in Chile: Kuehne + Nagel (K+N) has signed a long-term contract with Decathlon, a French company specialising in the marketing of sporting goods and apparel, to expand its operations, warehousing and distribution capacity in Latin America by 30%. As... more
15 parcel sorting centres planned by 2030
Swiss Post is moving closer to households and businesses in the greater Basel area with the opening of its new CHF 75 million regional parcel centre in Pratteln (BL). The new facility enables the company to sort up to 10,000 parcels an hour, allowing it to process the items more... more