CJ Logistics surges ahead
Seoul (South Korea)-based CJ Logistics has reported its results for Q1/2022. While revenues went up by 6.1% to KRW 2.85 trillion (USD 2.2 billion), operating profit soared by 57.2% to KRW 75.7 billion (USD 570 million, which was mainly driven by the boom in the parcel and... more
Augmenting storage capacity in UK network
Maritime Transport, a container transport company headquartered in Felixstowe, is investing in storage space at the Port of Ipswich. To this end, it has signed an agreement with Associated British Ports (ABP) to operate a site with a capacity to store up to 2,500 teu. This... more
An investment in packaging
As has only just been reported, Simon Hegele Gesellschaft für Logistik und Service mbH took over 50% of the shares of Georg Schrepfer in Germany at the beginning of 2022. The remaining 50% will stay with the previous owner, Thomas Bach. For Simon Egele, the acquisition is... more
Leman's activities on the rise
The Danish transport and logistics company Leman looks back on 2021 with joy. The company's turnover took a leap of 60%, rising from DKK 2.2 billion (EUR 300 million) to DKK 3.6 billion (EUR 480 million). Operating profit was back in the black in 2021 at DKK 64 million (EUR 8.6... more
A cold takeover
The French group Clareton has acquired Christian Gaillard’s cool chain business. The unit comprises cold warehouses covering a surface of 7,000 sqm (frozen, fresh and ambient storage). The staff and 25,000 sqm of land are also part of the deal. Clareton, which recently built... more
A big surface in Germany
B+S Logistik und Dienstleistungen has acquired a logistics property in Hammersbach in the northeast of Germany’s Rhine-Main region, thus adding 40,000 sqm of space to its portfolio. One of the customers is Pepsico, a major player in the food sector. B+S will take over the... more
Logistics for an African pipeline
The decision-makers of the East African Crude Oil Pipeline (Eacop) project have chosen their main logistics contractor services (MLC). The contract goes to Bolloré Logistics after an extensive and detailed tendering process. The Eacop project will construct a 1,443 km buried... more
Ten years in Vietnam
It’s a double ten. Gebüder Weiss has opened branches in ten different countries in East Asia to date, and it is also celebrating its tenth anniversary in Vietnam this year. The logistics provider runs two offices in the country, one in the economic hub Ho Chi Minh City (Saigon)... more
Europa launches sales branch in Liverpool
UK based Europa Worldwide Group's road division has opened a new office at the Royal Albert Docks in Liverpool, its first sales branch in the city. The potential is there. At the end of 2021, the road freight market will have seen an overall increase of 27.5% compared to... more