A new acquisition for Hub Group
The North-American Hub Group has acquired Tagg Logistics (Tagg), a provider of e-commerce, B2B and omnichannel fulfilment solutions, including warehousing and transportation services. Since its foundation in 2006, Tagg has built up a portfolio of almost 372,000 sqm of... more
Stef: 23% increase in turnover in H1/2022
The French Group Stef achieved a turnover of more than EUR 2 billion in H1/2022, a growth rate of around 23%. Amongst others, the refrigeration transport company recorded capital gains from asset disposals totalling EUR 10 million. In France, the fresh segment experienced... more
How to push furniture expansion worldwide
Maersk has entered into a partnership with Castlery, a Singaporean furniture retailer. The aim of the agreement is to reduce waiting times for orders to one to two months, approximately three times less than the industry average of three to six months. As Castlery expands... more
TFI International selling a big piece
TFI International, a Canadian transport and logistics group that is also operates in USA and Mexico, has decided to sell CFI’s truckload and Mexican non-asset logistics businesses to Heartland Express. The price was USD 525.0 million, subject to customary closing adjustments and... more
More groupage traffic for Transuniverse
In Belgium, Transuniverse Forwarding has taken over the groupage company Apmex International Forwarding based in Evergem, Ghent. The company was founded in 2003 by Alain Merckx, who has now sold it Transuniverse. Apmex specialises in services to destinations in Western... more
Integration in Belgium
Oostende (Belgium)-based business Continental Cargo Carriers, an unaccompanied trailer operation, has now been fully integrated into Europa Road. Continental Cargo Carriers was founded in 1983 and was acquired by Europa in 2018. The Belgium operation will continue to be... more
Rohlig banks on Swissness
Switzerland remains an attractive environment for business. The Bremen-based company Röhlig Logistics continues to expand its global network, this time in Europe. The group established a new branch office in Switzerland on 1 September 2022 in order to extend its coverage of the... more
At the gates of Paris
Logistics Capital Partners (LCP) has just completed the acquisition of a brownfield area in the French city of Gennevilliers. Its plan is to develop a warehouse at the gates of Paris. The redevelopment of the site will begin in September for delivery of the facility in the... more
Trans Pack moves into new headquarters
Trans Pack-Krumbach, a wholesaler for transport packaging and load securing, has built a new headquarters in a centralised location in Neuburg a. d. Kammel, Germany. Founded over 30 years ago as a classic mail order company, the company now supplies customers throughout Europe.... more
Buying 3 million litres of SAF
Bolloré Logistics and United Airlines have inked an agreement to jointly purchase three million litres of sustainable aviation fuel for 2022. This new supply will be used on all the routes operated by Bolloré Logistics, in all geographical areas. The price of the fuel was... more