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
Hardis Group's clients in Poland
Hardis Group Polska has experienced strong growth since it was founded in 2021. The group specialises in IT and cloud services for supply chains. The turnover Hardis achieved in Poland in 2022 is 22% above the objective set in early 2021. The company intends to continue this... more
For the last-mile network in Bangladesh
Shop Up, a B2B commerce platform based in Bangladesh, has secured USD 30 million in debt financing, with Lendable contributing USD 20 million as the major investor. For the global provider of debt financing to fintech companies in emerging markets, this was the first venture... more
More traffic between the British Isles
Austria-based freight forwarding company Cargo-Partner is strengthening its intermodal freight services on the British Isles. With its enhanced road haulage network, it aims to support customers importing and exporting goods to and from UK and Ireland. The portfolio also... more
DSV: a full war chest for 2023
The Danish freight forwarding group DSV is looking back on a successful 2022. Financially, gross profit increased by 33%, while ebit grew by 48%. DSV also completed the integration of Agility GIL within a year of the acquisition and ranks itself as one of the "top three... more