GXO wants to grow - in employees
GXO, the spin-off of XPO Logistics, has announced its strategy to extend its workforce by 22,000 team members by the end of 2022 to help its global warehouse operations keep pace with growing customer demand. The company requires more staff to run its new warehouses and deal... more
A Spaniard consolidating in Portugal
Varma Food & Personal Care (VFPC) signed its first international distribution alliance in 2020. It has now complemented it by signing an exclusive distribution agreement in Portugal, thus expanding its capacity to export beverages. VFPC is a unit of Spain’s Varma Group, a... more
Continuing to develop well overall
The Logwin Group, a Grevenmacher-based Luxembourgian logistician, has said that it has performed well so far in 2022, despite difficult conditions, which have also seen freight rates fall from their historic high in the course of this year. The corporation generated revenues... more
Leaving the UK for the USA – Boohoo!
The Boohoo Group, a fashion retailer based in UK, has asked DHL Supply Chain (DHLSC) to manage its first US distribution centre. For the retailer, whose annual sales exceed USD 2.4 billion, DHLSC will operate a new 93,000 sqm centre in Elizabethtown PA, southeast of Harrisburg.... more
XPO playing it down
XPO Logistics is forecasting revenues of approximately USD 3.04 billion, a profit of USD 181 million to USD 185 million and an ebitda of USD 348 million to USD 352 million for Q3/2022. Revenues keep rising, while volumes are showing a year-over-year decrease in weight per day of... more
First investment in Valencia
GLP has reached an agreement with Romar Global Care, a manufacturer of healthcare, hygiene, and drugstore products for customers such as the retail chain Lidl, for the construction and lease of a 50,400 sqm building in Spain. This development will mark GLP’s first logistics... more
Dutch warehouse goes up in the air
Kuehne + Nagel has opened a new logistics centre in Veghel, the Netherlands. The e-distribution facility features a refillable beverage system and is to serve K + N’s customer "Air Up". Kuehne + Nagel already provides warehousing and distribution services for this... more
It is Werner & Baylor now
In USA, Werner Enterprises has closed its acquisition of FAB9, which trades under the name of Baylor Trucking. The price of the transaction was not disclosed. Founded in 1946, Baylor is a truckload carrier that operates 200 trucks and 980 trailers in the east central and... more
For a big site in Sheffield
It is already the second project. Glencar, a UK construction company, is to build a 34,000 sqm logistics facility at TCC’s Shepcote Lane Site in Sheffield on behalf of the major developer and investor in commercial real estate Trammell Crow Company (TCC). It will be a steel... more
More logistics space at Strasbourg airport
Bolloré Solutions Logistiques (BSL), a subsidiary of Bolloré Logistics specialising in contract logistics, launched its first logistics centre dedicated to the pharmaceutical industry at Strasbourg airport in January 2022. The 10,000 sqm temperature-controlled logistics... more