Warehouse space for mountain men 
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Bergzeit, the shipper belonging to the South Tyrolean company Sportler, has commissioned an expanded shuttle warehouse with more than 57,000 new bin locations as well as batch picking in Otterfing, Bavaria (Germany). The new systems were integrated during ongoing operations and... more
400,000 sqm in preparation 
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There is strong demand for warehouse space also in Europe. DHL real estate has plans for developing 14 units, constructed on ten development sites that are located in major logistics markets in Germany, Netherlands, Sweden, Finland, Italy and Poland. The group spoke of a... more
Dutch acquisition for Lagermax 
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Lagermax Logistics Austria is taking over the Dutch logistics company MOL Cargo with retroactive effect from 1 July 2022. In addition to classic transport and logistics solutions, MOL Cargo specialises in the carriage of motorbikes. The company is based in Tiel, the Netherlands... more
Simarco goes forward 
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Simarco International, a supply chain, freight and warehousing company in UK and Europe, has contracted British transport provider IT Forward Solutions. The onboarding process with the new client started earlier this year, the roll-out is expected in 2023. Simarco first met... more
A new project close to Hamburg 
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On its home turf in Hamburg, project developer Garbe Industrial Real Estate has purchased a plot of land in Lüneburg that is around 33,000 sqm in size and ready for development. Garbe is planning to build a logistics property measuring approx. 20,000 sqm on this site.... more
Expeditors cautiously optimistic 
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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 
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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 
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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 
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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 
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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