Record figures for Cargo-Partner
Despite a difficult market environment, Cargo-Partner was able to record a significant improvement in revenue in 2021, exceeding the EUR 1.5 billion mark for the first time. The company also posted a growth of volumes in all its business segments. Compared to 2020, revenue rose... more
Domarin sells majority share
Felbermayr has taken over the majority share of the Domarin Group of companies in southern Germany. The Domarin locations and facilities in the water and shipbuilding sector will remain unaffected, as will the name of the long-established company. Domarin was founded in 1986... more
Emerging in two more markets
Six months after expanding its business into Chile, Emergent Cold Latin America, a refrigerated storage and logistics service provider based in São Paulo, Brazil, has acquired two more companies. The acquisition of Polo Logístico de Frio (PLF), which has a strong market... more
Connecting Thailand with China
The Chinese branch of the former Nippon Express Group, now NX Group, recently launched a new multimodal transport service linking up China and neighbouring Asean countries. With lead times of five days, this new offer is a multimodal service for transporting cargo by rail... more
Luxury contract for Wincanton
In UK, luxury lifestyle retailer The “White Company” has contracted Wincanton for a period of five years, which includes an outsourcing element. The cooperation is beginning immediately via multi-channel fulfilment services, including international e-commerce order... more
Expeditors tackling the cyber attack
1979-founded Expeditors International based in Seattle has reported its results for Q1/2022. The group with 18,000 employees saw its revenues climb by 46% compared to Q1/2021, achieving USD 4.7 billion, while its operating income rose by 20% to USD 462 million. According to... more
GXO remains largely Anglo-Saxon
GXO, a spin-off from XPO Logistics, has reported its Q1/2022 results. Revenues amounted to USD 2.1 billion, rising by 14% (from USD 1.8 billion) compared to the same period last year. Its operating income went up by 23.3% to a still-modest USD 37 million (USD 30 million in... more
Poland now more attractive
A Hellmann warehouse located in Stryków (Poland) now operates on a larger scale, with a recent extension doubling its handling capacity. The branch in the centre of Poland, one of the firm’s 21 in the country, has steadily grown in recent years and now covers around 6,000... more
More warehousing logistics made by Sievert
The German forwarder Sievert Logistik is set to concentrate more on its portfolio of value-added services, with the goal of increasing its annual turnover in the warehousing logistics sector to EUR 25 million by 2025. To this end the logistics services provider will now further... more