Investing in core business and global operations
EFL Global has acquired Trans American Customhouse Brokers. Established in 1984, Trans American has evolved into an industry innovator in customs and global logistics. It is ranked within the top 20 of all US customs brokers by annual entry filings. With this purchase, EFL... more
Regional warehouse added to logistics network
Industrial and logistics real estate specialist Panattoni has handed over the new logistics park Freiburg South, Germany, to Hornbach. The new facility provides the DIY company with around 13,900 sqm of space as well as parking spaces for cars and trucks. Hornbach will use it as... more
More than EUR 2 billion
Raben Group’s revenues of the passed the threshold of EZR 2 billion EUR in 2022, marking a new record. Since the beginning of 2021, Austria, 500 new employees and 16 locations have joined the group's network which currently encompasses 11,000 employees in 15 countries. Ewald... more
For Continental from Toledo
The CAT group recently opened a new warehouse in the P3 Illescas logistics park in Toledo (Central Spain). From this new facility, which has a capacity of more than 28,250 sqm, the logistician will provide warehousing and distribution services especially for the shipper... more
EPG acquires Groenewout
The owner-managed German logistics consulting company EPG Consulting has acquired the majority shares of Groenewout, thus enhancing its existing network of 22 locations and 900 employees. Groenewout was founded in 1966 and now is a consulting specialist in Belgium, the... more
New logistics park in South Korea
ESR-Kendall Square, the South Korean subsidiary of the ESR Group, an APAC-focussed logistics real estate developer, has completed the Geomdan Logistics Park, a 150,000 sqm logistics complex in South Korea’s Gimpo market. With this latest addition, ESR has delivered close to... more
Inter-Logistic adds space
French logistics provider Inter-Logistic Europe has commissioned GSE to expand its 3,500 sqm warehouse in Ensisheim, Alsace, by an additional 4,500 sqm. In addition, the general contractor is also upgrading the existing part of the building and installing an infiltration system... more
Latest product recognised
The Hong-Kong-based company U-Freight has gained official recognition from the Hong Kong Brand Development Council for a new product. The e-commerce logistics product E+ Solutions (E Plus), a logistics package designed specifically for small start-up e-commerce businesses, was... more
Expeditors feeling the freeze
Expeditors International, founded in 1979 and based in Seattle, has announced its financial results for Q4/2022 and the full year. In FY/2022, revenues increased by 3% to USD 17.01 billion (2021: USD 16.5 billion), while operating income fell moderately by 1% to USD 1.82 billion... more
German SME in a good shape
The German Schuon Group has presented its corporate results for 2022, in which it records a turnover of around EUR 92 million. Both the transport and contract logistics divisions showed a positive trend. Transport and forwarding services for large-volume goods from insulation,... more