From West to East Coast
The medium-sized asset-based company Total Transportation Services (TTSI), operating in Los Angeles and the Port of Long Beach (California), has completed its acquisition of Salson Logistics. Salson, a Newark-based port-to-shelf logistics provider, works for a number of US... more
A UK reach-out to Ireland
UK-based Danx Carousel has acquired the Irish company Alltrans, a full-service transportation and logistics provider which was founded by Paul Tuohy in 1993. The purchase price was not disclosed. Carousel Logistics, founded in 1986, was only recently acquired by Danish... more
New Central Europe unit for Otto
Retail and e-commerce giant Otto Group has contracted Beumer Group, a supplier of automated material handling systems, to equip a new dispatch centre in Central Europe with complete end-to-end automation. The logistics facility will be operated by the Hermes Fulfilment Group,... more
USD 250 million for logistics real estate in Asia
ESR and its affiliate Logos have completed th finance round for the co-branded Pan Asia Core+ Venture (PACV) and raised USD 250 million in equity commitments in total. This initial raising includes investment from two institutional capital partners in Europe and America: the... more
E-commerce and logistics combined
ESW, a major direct-to-consumer (DTC) E-commerce company, and Seko Logistics have concluded a partnership agreement. The alliance, which is meant to reduce the rising cost of cross-border e-commerce for DTC brands, is also a technology agreement. While ESW will support... more
Zencargo banks on tracking
London-based digital freight forwarding company Zencargo will cooperate with Tive, a data provider for shipment locations. In this partnership, Zencargo will offer customers deeper insight into the location and condition of critical goods. With its condition trackers, Tive... more
Another hub for Evri's parcel network
A new warehouse in a Bury St Edmunds business park in Suffolk, UK is now operational. Developed by the property group Jaynik, the 7,000 sqm the site next to the A14 will be run by the parcel delivery company Evri, formerly named Hermes Parcelnet. Among the shippers who have... more
More space for lithium batteries in the air
The news was announced at the current International Air Transport Association’s (Iata) annual World Cargo Symposium (WCS), but not by a classic aviation company. Instead, Ceva Logistics has expanded its owned air cargo programme by adding five more stations to its network of... more
Green warehouse south of Greenland
A.P. Moller – Maersk (Maersk) is going to build the company’s first low GHG emissions contract logistics warehouse in Denmark. The facility will be constructed in partnership with Taulov Dry Port, a Danish joint venture between ADP A/S and PFA Pension. The warehouse is part... more
Three for zero emission heavy transport
One shipper, one vehicle manufacturer and one logistics and transport company have opted for a common approach in green logistics: Ikea Industry, Volvo Trucks, and Raben Group have inked a collaboration agreement on zero emission heavy transport in Poland. To this end, Ikea... more