DHL can't help the trend
Deutsche Post DHL Group remained on the growth path in Q1/2022. Revenues went up by 19.8% to EUR 22.6 billion, while operating profit (ebit) amounted to EUR 2.2 billion (Q1/2021: EUR 1.9 billion). At 9.6%, the ebit margin was at a comparable level with the previous year... more
New terminal in Eastern Poland
Polish logistics operator Pekaes, an affiliate of Geodis since 2021, has opened a new terminal in Głogów Małopolski close to Rzeszów in Eastern Poland, where its local branch will also be headquartered. The new location aims to facilitate the handling of international... more
GLP building Rome in a day
GLP, a developer of logistics warehouses and distribution parks, recently acquired a site in the municipality of Colleferro, belonging to the metropolitan city of Rome. GLP plans to develop a warehouse facility with a total leasable area of 24,000 sqm. The site has direct... more
Big car manufacturers win this round
A number of medium-sized and smaller hauliers have lost out to well-known car manufacturers in a lawsuit before a court in Stuttgart. Following the European Commission's ruling of 19 July 2016 (AT.39824 - Trucks) against various manufacturers of commercial vehicles, including... more
Making dangerous goods transport safer
The international freight transport insurer TT Club is calling for more security and safety in lithium battery supply chains. This statement follows a number of recent fire incidents affecting container transport, ro-ro ships and air cargo movements allegedly involving lithium... more
Newly-founded OSL enters agreement
Industry veterans Peter Brun, Lars Kjærulf-Møller, Emil Hersbøll and Svend Heisselberg have founded Ocean Shipping & Logistics (OSL), which is to operate from its hub in Aarhus, Denmark. The new company decided to directly join forces with the GAC Group. The joint... more
New ranking of warehouse developers in Europe
In a ranking recently published by "Property EU”, which was founded in 2006, the industry evaluates Europe’s largest developers of logistics real estate according to the amount of their respective constructed space volume from 2019 to 2021. Projects currently under... more
South India is on
There is news beyond the war in Ukraine, the Chinese shutdowns and rising fuel prices. The St Gallen-based Swiss Inter Rail Group has established its first office in Chennai (India), to be led by branch manager Vijayan Munusamy. Inter Rail India has ben active in India since... more
Takeovers pay off for ID Logistics
In Q1/2022, France-based ID Logistics saw its total revenues grow by an impressive 23.7 % to EUR 539 million (+15.1% like-for-like). In France, ID Logistics recorded a 12.9% increase in revenue to EUR 204.2 million, which included the consolidation of Colisweb. Without Colisweb,... more
Cargo-Partner: stronger foothold in UK
After forming a joint venture with Aztek International Freight in 2021, Austria-based Cargo-Partner has now acquired the remaining two-thirds of the shares and will fully integrate the partner company into its own organisation. Two new offices, one in East London and one in... more