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
Amazon sizing down?
Amazon is planning to close three warehouses in western Scotland, UK. On the other hand, two new fulfilment centres are said to be in the pipeline. A spokesman of the retail giant underlined that all employees will be given the chance to work at other Amazon locations. With... more
British player snaps up unaccompanied transport
UK-based Culina Group, which specialises in the transport of fast-moving consumer goods (FMCG), is taking over International Road Ferry (IRF). The price of the transaction has not been disclosed. IRF has offices in Rotterdam, Grubbenvorst (Venlo), Felixstowe, and Thetford,... more
ID Logistics ends 2022 on a high
The French Group ID Logistics achieved a turnover of EUR 686.3 million in Q4/2022, an upswing of almost 25% compared to 2021 (and +4.7% like-for-like). Generated revenue also rose significantly to more than EUR 2,5 billion for 2022, a growth of 31.3% (and 11.3% like-for-like).... more
Duisport expands packaging business
Duisport’s Packing Logistics division (DPL), which has been part of the group since 2007, took over RTI Packaging’s branch in Göppingen, Germany, on 1 January 2023. Jan-Malte Wöhrle, managing director at DPL, spoke of "increased storage space and increased crane... more