Boom of logistics real estate unbowed 
MLP Group, which owns and manages logistics, commercial and industrial parks in Germany, Austria, Poland and Romania, saw its figures improve in H1/2022. Its 2.1 sqm investment property is now worth more than EUR 905.6 million. This corresponds to an increase of 25% compared to... more
Energy transition for Astre network
Because of rising energy prices and fuel shortages, Astre Dach Grieshaber Logistics and Moeller Transporte are converting their heating systems to oil- and gas-free technologies. The aim is to ensure storage quality in the network for temperature-sensitive goods. Grieshaber... more
CJ Logistics is on the move
Seoul-based CJ Logistics has reported its results for Q2/2022. The South Korean company achieved revenues of KRW 3.1 trillion (USD 2.3 billion), up 14.2% compared to the same period last year, while the operating profit rose by 28.2% to KRW 116.1 billion (USD 86 million). CEP... more
Trends of 2021 easing in 2022
A. Hartrodt presented the figures for the 2021 financial year recently. They contain unique records "in the company's history since 1887", the company says. Revenues from the forwarding segment benefited from higher freight rates and, with an additional increase... more
New facility to be established in Yachiyo
In Yachiyo, Japan, DHL Supply Chain, the contract logistics arm of DHL, has broken ground for a new logistics centre. The player thus reinforces its business presence in Greater Tokyo. The 40,000-sqm facility aims at customers in the consumer and retail sector, especially those... more
More parcels for ZTO Express
In China, ZTO Express has reported its Q2/2022 results. The CEP's total revenues were RMB 8.66 billion (USD 1.3 billion) in Q2/2022, a rise of 18.2% from the same period in 2021. Gross profit was RMB 2.2 billion (USD 328.9 million), an uptick of 31.6% from H1/2021. The core... more
Swiss Post to increase investment in logistics
Fewer parcels, but more earnings, logistics and investments: Swiss Post will use its H1/2022 profit of CHF 259 million, moderately higher than H1/2021, to further transform the group. Operating profit was up CHF 55 million year-on-year, while revenue was CHF 3.46 billion, up CHF... more
Next warehouse for Simon Hegele
South of Karlsruhe, Germany, the freight forwarder Simon Hegele has taken over a new logistics centre. The 20,000 sqm modern logistics property is intended to supply a shipper in the retail sector and an electronics plant in Karlsruhe. In addition to classic contract... more
Cosmetics thrown in the tower
It’s all about the right fragrance. The shipper Sephora, an affiliate of LVMH Moët Hennessy Louis Vuitton, banks on the warehousing and distribution of its products from an Arvato Supply Chain Solutions site in Düren (Germany). The cosmetics company has relocated to a new hall... more
New location in Bahrain
Ceva Logistics now connects commerce in Bahrain to the rest of the Middle East through its new presence in the Bahraini capital of Manama. The new office of the CMA CGM affiliate offers air, ocean, ground and contract logistics services.According to the International Monetary... more