Alternative Parcels hit in FY 2021/2022
The financial results for the UK-based Alternative Parcels Company (APC) in the 2021/22 financial year ending on 31 March 2022 showed some decline. Profit before tax amounted to GBP 6.41 million, a 30% drop compared with the 2020/21 financial year. The decrease was largely due... more
Now it's Bomi Group, a UPS company
As reported by the ITJ Daily on 16 August 2022, UPS has finalised its previously announced acquisition of Bomi Group, a healthcare logistics provider mainly in Europe and Latin America. Through the acquisition, the company’s healthcare unit, UPS Healthcare, will add... more
A larger footprint in Southern Germany
DHL Freight has opened a new freight terminal in Villingen-Schwenningen, Baden-Württemberg in Southwest Germany. The centre offers logistics services for the general cargo network and for direct transport services on an area of approx. 6,000 sqm. Freight can be delivered and... more
“Be different”
Overland team with a share of success. Entrepreneurs should be creative. What if all of a firm’s employees join in too? Beat Schweighauser told Christian Doepgen about Magsped’s special profile. more
A promising 9M/2022 for Agility
Agility, which remains an investor and operator in supply chain services even after the sale of GIL, has reported its results in Q3/2022 und 9M/2022. The group's earnings from January to September 2022 were KD 41.4 million (USD 135 million), an increase of 63.7%. Revenues... more
Circle expecting a good year
Milano (Italy)-headquartered logistics software company Circle Group, a provider of digitisation solutions for port and intermodal logistics and international consultancy with a focus on Green Deal and energy transition, has reported its results for the first nine months of... more
New distribution centre in Groveport
PD Ports is supporting its customer Barrett Steel with the construction of a 18,000 sqm dedicated steel distribution centre at its Groveport site in North Lincolnshire. This marks the start of a new long-term contract that will take the partnership into 2040 and beyond. The... more
Annual profit around SGD 1 billion
Frasers Property has reported its financial results for its financial year ended 30 September 2022 (FY 2022). Panote Sirivadhanabhakdi, Group CEO, commented that the group was “able to deliver improved operating performance over the course of FY 2022." Primarily... more
In-house software for Dachser
Digitalisation is making progress. Dachser has acquired an unspecified majority stake in the software provider Kasasi in Germany. The full takeover will be completed in a series of intermediate steps by 2026. Like Dachser, the medium-sized company Kasasi, which employs 50... more
Broekman and Liebherr form partnership
Liebherr Logistics is expanding its international footprint by partnering with Broekman Logistics to set up its first new location in the Netherlands. The intra-group logistics service provider currently supplies 70 sales companies and their global customers with spare parts... more