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
More cool chain for Waberer's
In Hungary, WSZL, an affiliate of Waberer’s International, has inked an acquisition agreement with the logistics and domestic transportation activities of Gyarmati Trans, a logistics company which specialises in refrigerated warehousing and transportation in Eastern Hungary.... more
Another Canadian-US marriage
The Canadian company GTI Transport Solutions has purchased Foxconn logistics, a brokerage company based in Nashville, Tennessee. Foxconn logistics is a non-asset contract brokerage specialising in container management and drayage within intermodal logistics, including... more
Joint entry into Portuguese market
Stuart is entering the Portuguese market. The on-demand logistics platform, formerly a start-up acquired by Geo Poste in 2017, is launching a new delivery service with the DPD Group. DPD Now is an on-demand parcel delivery service one hour after ordering in the verticals retail... more
Urby's acquisition expands portfolio
First and last mile logistics specialist Urby, a subsidiary of La Poste and Banque des Territoires, has bought an 80% stake in Lille-based start-up Stocknord, which specialises in container rental. The acquisition is intended to broaden Urby's service offer by proposing a new... more
AOI Capital buys RK Logistics in California
RK Logistics Group, a Californian 3PL logistics firm specialising in warehousing and e-commerce fulfilment, has been acquired by a group of investors led by Miami-based AOI Capital, which was founded in 2009. This acquisition marks an expansion of AOI Capital’s participation in... more
Franck Jung reaches out to Paris
In France, the transport company Jacquemin has been taken over by Franck Jung Transports. Jacquemin specialises in the distribution of palletised freight and owns a cross-dock platform of more than 2,000 sqm. It is Frank Jung’s second acquisition after taking over Transport... more
Two new clients in Shanghai
Arvato Supply Chain Solutions has won two new contracts in the e-commerce sector in China: One of the new customers is the American nutritional supplements brand GNC. The second new e-commerce client at Arvato Shanghai's logistics centre in Qingpu is an up-coming Chinese... more
J.B Hunt gets off to a good start in 2022
In Q1/2022, the USA-based J.B. Hunt group saw its revenues grow by 33.2% to USD 3.49 billion, compared to USD 2.62 billion in Q1/2021, while operating income increased by 66% to almost USD 243.3 million. All segments contributed to the revenue growth versus the prior year... more