Geodis Germany "lean and green" 
At the Trade Logistics Congress 2022 in Cologne, the contract logistics division of Geodis Germany was awarded the 'Lean and Green 1st Star' by GS1 Germany. The contract logistics service provider has been able to reduce its carbon footprint by around 30% over the past five... more
Next step for Swiss Post's regional policy
Swiss Post has opened a new regional parcel centre in Rümlang near Zurich. The hub’s sorters can process around 5,000 parcels per hour for the greater Zurich-North area. Swiss Post invested a total of CHF 11 million in the conversion of the former industrial hall. The entrances... more
More cash for ESR
The APAC-based real asset group ESR Cayman Limited (ESR) recently secured a loan of SGD 300 million (USD 218 million), with an option to upsize it to SGD 500 million (USD 364 million). Asian banks like the United Overseas Bank (UOB) and the Malayan Banking Berhad (“Maybank”)... more
Cargo-Partner's second Greek location
The team of Cargo-Partner, a freight forwarder based in Austria, has extended its network in Greece 500 km further south. Six months after the company first gained a foothold with an office in Thessaloniki, a second office has now been opened in the port of Piraeus near... more
Enlarging capacities in Satigny
Swiss player Safram, an affiliate of the French Heppner Group since January this year, will soon open the doors of a new warehouse on an existing site in the western part of Switzerland. This facility is especially dedicated to the storage of dangerous goods, meeting the... more
New ties in Mantova
A contract between shipper Adidas and Kuehne + Nagel has paved the way for a new warehouse in Northern Italy. The result will be an automated, omni-channel 130,000 sqm dedicated fulfilment centre in Mantova and is scheduled to enter service in 2024. The fulfilment centre... more
Good figures push Toll's turnaround
The Toll Group, an Australian-based subsidiary of Japan Post, has reported its results for its financial year 2022 which ended on 31 March 2022. Revenues amounted to USD 7.6 billion, while ebit remained at a modest USD 341 million. The Toll Group, which sold its loss-making... more
Wincanton's best year since 2011
In advance of its results for the financial year ending 31 March 2022, UK-headquartered Wincanton has issued a preliminary outlook. While full year revenue is expected to be up 16.3% to GBP 1.4 billion, with 19.4% organic revenue growth y-o-y excluding the Cygnia Logistics... more
Strong quarter for real estate
MLP Group, a developer, owner and manager of industrial and logistics parks, continued its positive trend in the first quarter of this year, as is shown in its Q1/2022 results. The value of investment property increased by 5.3% to around EUR 774.5 million and consolidated... more
Expansion in Slovenia and Croatia
Cargo-partner has launched its enlarged logistics centre in Slovenia. Located in the immediate vicinity of Ljubljana Airport, the facility now provides increased storage capacity in a new building with more than 18,000 pallet slots on 14,100 sqm across three floors. Part of... more