Expeditors cautiously optimistic 
Expeditors International, founded in 1979 and based in Seattle, has announced its financial results for Q3/2022. Revenues increased by 1% to USD 4.4 billion, while operating income rose by 8% to USD 527.0 million. Freight volumes dropped, however. Air freight tonnage volume and... more
Airlines boosting Freightos
Freightos, a global freight booking and payment platform, has reported its results for Q3/2022. Revenues saw an uptick of 53%, amounting to USD 4.7 million. Transactions increased to 192,000, up 28% from the second quarter. Growth was particularly strong in airline e-bookings.... more
More tech staff in India 
DP World recently launched its latest innovation centre in Gurugram, which will soon host 240 staff working on specific solutions for global supply chains. "The new centre, around 17 km southwest of the Indira Gandhi International Airport, will house development teams that... more
Onmove acquires Transin Logistics
Indian trucking aggregator Onmove has acquired all the shares of Transin Logistics, a Hyderabad-based trucking aggregation platform. "Powered by a network of 34,000+ trucks catering to the exim and bulk cargo segments, Transin serves blue-chip clients such as Aditya... more
Repeated warnings for overland transport
The European Freight Association of International Freight Forwarders (Elvis) fears an imminent economic downturn in the transport and logistics industry. According to the association, numerous indicators, including inflationary trends, point to a coming crisis. The association... more
1,000 robots announced
DHL Supply Chain has announced a USD 150 million investment in warehouse robotics solutions and automation at its Australian warehouses. The company plans to introduce 1,000 robots by 2025. The measures include the deployment of assisted picking robots in a multi-customer... more
Expansion in Georgia
Gebrüder Weiss is celebrating ten years of operations in the Georgian market. In the past five years, the company’s land transport services have moved nearly 75,000 consignments with a total weight of 311,000 t. Now, the current company's infrastructure is no longer sufficient.... more
Paris–Warsaw
The French Hardis Group is acquiring Cloudity, a company specialising in digital transformation and the integration of sales force solutions, headquartered in Warsaw (Poland), with offices in Berlin (Germany) and Stockholm (Sweden). The Polish company is targeting a turnover... more
Müller and the ice cube
The Luxembourg-based European infrastructure fund "Cube Infrastructure" is buying 70% of the shares in Müller Logistik in Wiener Neudorf, a specialist for the transport for temperature-controlled cargo. The previous sole owner, Fritz Müller, will retain 30% of the... more
Cool chain on a grand scale
A thriving segment in Turkey; bulkers piling up in the Sea of Marmara. Turkey’s agricultural sector accounts for approximately 20% of GDP – and depends heavily on logisticians offering international controlled-temperature operations. The cool chain is growing strongly – while... more