Aramex lost momentum in Q4/2022 
Dubai-based Aramex has reported its preliminary financial results for the company’s Q4/2022 and FY/2022. In Q4/2022, the group concluded the acquisition of My US, a global technology-driven platform that enables cross-border e-commerce. In total, Aramex’s FY/2022 revenues... more
A good 2022 for GXO
In its results for 2022, GXO, as US 3PL formerly part of XPO, achieved a turnover of USD 9 billion, up by 13.3% compared to 2021 (USD 7.9 billion in 2021). Net income attributable to GXO increased to USD 197 million, compared with USD 153 million for 2021, and the pro forma... more
Kukla UK and Portugal going green
The logistics companies Kukla UK and Kukla Portugal, which both belong to the Robert Kukla Group based in Munich, will be joining forces to focus more on environmental logistics solutions in traffic between the two countries. Starting in February 2023, customers can access a... more
Deal closed in the stadium
The project logistics company A Projects has officially inaugurated its "sustainable logistics centre", which is located next to PSA's breakbulk terminal in the Port of Antwerp-Bruges. The company invested EUR 10 million in this new logistical platform alongside... more
Another bridgehead in Benelux
UK-based operator Europa Road recently opened a new base in the Netherlands. The road haulage division of Europa Worldwide Group set up its own groupage operation in Rotterdam after twelve months of planning. On 1 February 2023, the ten-strong team was ready for business, led by... more
Added power from the Black Forest
The family-run company Spedition Effinger was recently taken over by Bächle Logistics, a provider based in Villingen-Schwenningen in the Black Forest in Germany. Bächle Logistics was acquired by the Swiss Post group in 2018. Spedition Effinger, which owns 26 trucks and... more
Logistics for James Bond
As has only just been reported, contract logistics provider Fiege Austria took over the business activities of AV Logistic Center, a former subsidiary of AV Holding Beteiligungsgesellschaft, at the beginning of the year. AV Logistic Center’s customers included companies such as... more
From Canada to Florida
The Rhode Island-based Arpin International Group, a global removal and storage company, has purchased Stephens Moving Services of Cape Coral, Florida. Stephens specialises in servicing USA/Canada cross-border moves for private residential customers. The Arpin family... more
When Paris meets Vienna
Frasers Property Industrial, a multinational real estate company active in Asia, Australia and Europe, has sold its Austrian portfolio "4Urban" to BNP Paribas Real Estate Investment Management (Reim). The "share deal" involved four logistics and warehouse... more
A successful start for Harder Logistics facility
Germany-based Harder Logistics, which specialises in relocations, among other services, launched its new warehouse in Neu-Ulm in 2022. Managing director Marcello Danieli draws a positive balance for the past year: "With around 190 containers, the hall is already 75%... more