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
Codognotto and Vectorys in tandem
Aiming to expand its service portfolio in North Africa-Europe, the Italy-headquartered forwarding and logistics group Codognotto has inked an agreement with the Vectorys Group, a Tunesia-based multinational company specialising in transport and logistics services in North... more
Röhlig banking on digitisation and expansion
In 2022, Bremen-based logistics company Röhlig Logistics achieved the "most successful year in our company's history", as managing partner Philip W. Herwig explained. The family-owned business does not publish revenues, yet ebit increased from EUR 61 million to EUR 84... more
WDS established on the West Coast
The WFS-affiliate World Distribution Services (WDS) celebrated the launch of its new warehouse in Tacoma, Washington with a "grand opening ceremony". The 28,000 sqm warehouse is WDS’s first west coast facility. It offers cross-dock and transload services,... more
Happy beginning, happy return
Illinois-headquartered Seko Logistics has formed a partnership with Happy Returns, a Paypal company. Using a US-network of return bars, Happy Returns offers shoppers a solution for sending back online purchases. At more than 5,000 return bar locations, consumers can return items... more
New facility in Singapore
Freight forwarding company JAS Worldwide has started operations at a new warehouse dedicated to pharma and healthcare logistics in Singapore. The facility is certified to both GDP standards and has Singapore's Health Sciences Authority's GDPMDS certification. Controlled room... more
GW closes another gap on the map
At the beginning of February this year, Gebrüder Weiss added Albania’s capital Tirana as the latest new link to its network in South East Europe. The Austria-based forwarder spoke of "closing the geographical gap between Montenegro and North Macedonia." Current... more
XPO's spin-off takes its toll
XPO Logistics generated revenues of USD 1.83 billion in Q4/2022, surpassing the USD 1.77 billion achieved in Q3/2021. Yet, the company witnessed a net loss due to three impacts primarily related to the RXO spin-off completed in November: a USD 64 million non-cash goodwill... more
Xpediator wins on the Continent
In a first draft of its 2022 unaudited results, UK-based freight management company Xpediator reported rising revenues due to a strong Continental business. The Braintree-based freight forwarder stated that its 2022 revenues were just below GBP 400 million (EUR 454 million), up... more