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
Schneider banking on UK
The Basel-headquartered Schneider Group has acquired Global Freight Connections (GFC), which is based in Basildon, UK. GFC was founded in 2002 by Paul Marshall and is a long-standing partner of several Schneider affiliates in France and Switzerland. The price of the transaction... more
A Danish marriage
Titan Containers has acquired Alpha Containers in Denmark. Founded 1998, Alpha Containers will continue to run the business from its existing office in Aarhus. Alpha Containers has a strong position in Jutland, where Titan Containers has recently invested in a large plot of land... more
A good year for the channel operator
The Getlink Group, which operates the Eurotunnel among other mobility infrastructures, witnessed a strong year in 2022. The group's revenue amounted to EUR 1.6 billion, more than doubling the results of 2021 (+107%). Getlink spoke of "a new all-time high since the... more
Taiwan as an alternative 
Two technology firms transfer logistics offices out of Hong Kong. It is currently difficult for Hong Kong to maintain its global appeal, as was underlined recently by the deliberations of two chip developers to move their logistics centres to Taiwan – even though a military... more
A strong year for Bertschi
The family-owned Bertschi Group has published selected figures of its 2022 results. The Swiss group saw its volumes declining in H2/2022. Nevertheless, revenues went up by 8% to cross the threshold of 1 billion and reaching CHF 1.1 billion. “This success is the result of,... more
Knight Swift hit in Q4/2022
USA-based forwarder Knight-Swift Transportation witnessed a difficult Q4/2022. The company’s operating income dropped by 41% to USD 203 million (Q4/2021: USD 342 million), and freight demand was considerably lower than expected. The winner of the quarter was LTL, which... more