A more balanced third quarter
USA-based Schneider National has reported its results for Q3/2022 and for the nine months that ended on 30 September 2022. In 9M/2022, its operating revenues increased by 25% to just above USD 5 billion. Revenues climbed by 18% to USD 4.4 billion, whilst income from operations... more
Chattogram to open in December
A.P. Moller-Maersk’s new 9,000 sqm warehouse at Chattogram (Bangladesh) will soon be operational. The three-storied facility is expected to go live by December. The hub is situated close to Chattogram Port and well-connected by the outer ring road and Karnaphuly tunnel to the... more
Rituals in Hanover
The home and body scents company Rituals Cosmetics and the service provider Arvato Supply Chain Solutions opened a logistics hall at the Hanover Fair site (Germany) last week. Arvato will now handle Rituals Cosmetics’ online business for Germany, Austria, Switzerland, and... more
LMR now spelt Grammer Logistics
The US corporation Grammer Logistics has purchased the company Logistics Management Resources (LMR), based in Baton Rouge LA. LMR specialises in serving the chemicals, industrial gases and related industries. Grammer Logistics itself is a portfolio company of Stellex Capital... more
A Danish acquisition this time
In Denmark, Rhenus Warehousing Solutions has taken over DKI Logistics, including its warehouse investment firm DKI Automatic. The authorities approved the deal so that DKI is already an official part of the Rhenus Group. The responsible managers finally signed the contract... more
Close to Madrid
Farsound is expanding its operations in Spain with the opening of a new facility close to Madrid-Barajas Airport. The company’s new warehouse and operational facilities will be located in San Fernando de Henares, a town in the province of Madrid, and will be fully... more
More mega-trucks in Spain
XPO Logistics has launched three new mega-truck routes in Spain connecting Bilbao with Valladolid and Madrid with Barcelona on a daily basis. The routes are integrated into XPO’s day and night LTL distribution network with the specific aim to expand service to companies in the... more
US trucking's new normal?
Knight-Swift Transportation has reported its results for Q3/2022. Its operating income amounted to USD 265.4 million, down 1.7% compared to the same period last year, although the group's revenue grew by 15.5%. These trends continued into October, as supply chains appeared to be... more
A collaboration in e-commerce
Kerry Logistics has launched a new international e-commerce express solution under its Kerry e-commerce division in collaboration with S.F. Express. The aim is to provide a more economical and speedier delivery service to expedite goods from Hong Kong to Singapore, Malaysia,... more
CPG deblocking boxes
The USA's Container Port Group (CPG), based in Cleveland OH, has launched a new department. The group, which specialises in intermodal drayage and logistics, now has an expedited services team as part of its larger logistics unit, which already has 26 terminals. The team will... more