Migros to build hub with multimodal access
Migros has begun building its new online distribution centre in Regensdorf near Zurich (Switzerland). The property will have a total area of 38,000 sqm on four floors, with completion scheduled for 2026. The new warehouse is primarily intended for the distribution of online... more
Another speculative warehouse near Paris
A group of real estate developers are building a new warehouse close to Paris on a speculative basis. The Harbert European Real Estate Fund V, Foncière Magellan and Grand Paris Aménagement have joined forces to develop a 20,400 sqm two-storey business park. It will be located... more
14th Emerging Markets Index: stability and upheaval
The Agility Emerging Markets Logistics Index for 2023 has just been published. Now in its 14th edition, the Index ranks countries for their logistics competitiveness based on their logistics strengths, business climates and digital readiness. In this year's rankings, China... more
Triple investment in Northern Germany
CHI Group, an air cargo handler founded in 1994 and based in Frankfurt (Germany), recently acquired shares in three companies in the Hamburg metropolitan area. Tri-Log International, Innovative Quality Logistics and Uwe Marx Transporte offer forwarding (sea and airfreight)... more
GCL loves cars
Global Critical Logistics (GCL), which specialises in events & sports logistics, recently acquired the UK-based Classic Automotive Relocation Services (Cars), a company that was founded in 1989 to organise shipments of historic, rare, and prestigious vehicles. Cars’... more
3PL in the worldwide perspective
Armstrong & Associates (A&A), a publisher of third-party logistics (3PL) market information and consulting, has released its latest research report. According to the study “Downshift: Latest Global and Regional Logistics Costs and Third-Party Logistics Market Trends and... more
Fresh juice for Scan Global
Copenhagen (Denmark)-based Scan Global Logistics (SGL) has found allies to fund its ambitious expansion plans. The company has sold the majority of its shares to CVC Capital Partners Fund VIII (CVC) via its original investor group led by AEA Investors Small Business Private... more
Last-mile deliveries in Iberia
In December 2022, Rhenus Home Delivery, a specialist for end-customer deliveries, acquired exactly 49.9% of the shares in the Portuguese logistics group Grupo Totalmédia, which was founded in 1998. More shares are to be purchased in the next few years. With the acquisition,... more
Rough times for Post Nord
The Swedish Post Nord is going through difficult times. It generated revenues of SEK 10.95 billion (EUR 970 million) in Q4/2022, 2% below the figures of Q4/2021. All in all, parcel volumes declined by 4%, while mail volumes dropped by 13%. At SEK -20 million, operating... more
A big building project in Basel
Rhenus Port Logistics is investing in a trimodal transhipment terminal at the Port of Switzerland in Kleinhüningen. The terminal 4 is scheduled to be completed by December 2023.A photovoltaic system is being installed on the roof to generate around 2.4 million KWh of green... more