Price for logistics real estate at a record high
2022 was a year of record growth in global logistics property rents since Prologis Research began tracking them in 2007. According to the Prologis Logistics Rent Index, which analyses markets in North America, Europe, Asia and Latin America, global rents increased 30%... more
1,000 facilities and 168 companies
Making sure your cargo is safe is a never-ending task. Yet, the Transported Asset Protection Association (Tapa) in the Europe, Middle East & Africa (EMEA) region has recently recorded its 1,000th Facility Security Requirements (FSR) certification. The aim is to reduce cargo... more
How to improve logistics for life sciences
The British life sciences GDP logistics firm Biocair recently proposed new solutions to improve viable transport services for the sector. According to the World Health Organization (WHO), approximately 50% of vaccines globally are wasted. This is partially due to damage... more
On big and small anniversaries
Cargo-Partner in Hong Kong recently celebrated the 15th anniversary of its regional head office for the Asia-Pacific region. 2023 also marks the 40th anniversary of the founding of the Austrian group at Vienna Airport. As the company's regional head office, the Hong Kong... more
Wisetech Global's next coup
Sydney (Australia)-headquartered Wisetech Global (WTC), developer of the logistics software Cargowise, recently acquired the US-based company Blume Global (Blume). Amongst others, Blume provides a software solution facilitating intermodal rail in North America. The price of... more
Double strike at Waberer's International
Hungarian transport company Waberer’s is planning to build a 47,000 sqm logistics centre close to Budapest Airport. The warehouse, a HUF 18 billion (EUR 48 million) investment, will offer services for e-commerce and retail shippers. Completion is scheduled for Q1/2024. There... more
Intertruck is sold to Turkey
UK-based Unipart Group has sold its Intertruck business to the 1950-founded group Sampa. Mike Ferris, Unipart International managing director explained the reason for the transaction: "Unipart continues its focus on growth in strategic markets outside of the heavy... more
From research to logistics practice
In city logistics, emission-free vehicles are on the increase. In Germany, Dachser Group is entering the second phase of its "emission-free delivery" programme. The freight forwarder and logistics provider currently runs twelve emission-free inner-city delivery areas... more
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