Duisport pulls out of Belarus 
The Port of Duisburg, i.e. its executive board, supervisory board and shareholders, have decided to terminate all business activities in Belarus with immediate effect. The reason given is Belarus' support for the war in Ukraine. Duisport will specifically say goodbye to two... more
Takeover in Switzerland
On 1 May 2022, Camion Transport (CT), a haulier headquartered in Wil in the eastern part of Switzerland, is taking over the transport operations of Willi Schärer Transport, which is based Pratteln near Basel. Camion Transport is one of country’s largest transport and... more
Good start for hydrogen at Gebrüder Weiss
After a one-year introductory period, GW’s first hydrogen truck has passed its acid test. The transport and logistics provider now deploys a Hyundai Xcient fuel cell lorry, which is stationed in Altenrhein (Switzerland), for daily short-distance general cargo transports.... more
Le Havre's oldest forwarder rebranded
Seafrigo, a global provider of temperature-controlled food logistics headquartered in Le Havre, France, has streamlined its service offerings and strengthened its identity by rebranding Maison Jamein, a member of the Seafrigo group, into "Seafrigo General Cargo".... more
Takeover in Hungary and Romania
Innight Hungary, which is based in Hungary and Romania, will operate under the Night Star Express banner in the future. The driving force behind the takeover is Hellmann Worldwide Logistics, a shareholder of Night Star Express. The acquisition now allows Hellmann to deliver... more
Playing cards instead of ammunition boxes
Panattoni is realising a tailor-made new building for Spielkartenfabrik Altenburg in the city of Altenburg in Thuringia (Germany). It is Europe’s oldest known designer and producer of playing cards and part of the Belgium-based playing cards manufacturer Cartamundi.... more
Swiss Post continues transformation strategy
Swiss Post generated a group profit of CHF 457 million in 2021, 39% more than in 2020 (CHF 279 million). The pressure on the letter (-3%) and financial business remains unabated. Swiss Post will therefore continue to pursue its strategy to meet the needs of individual customers... more
Deutsche Post DHL group is in heaven
In 2021, Deutsche Post DHL Group generated revenues of EUR 81.7 billion, an uptick of 22.5% compared to 2020. Earnings almost doubled to EUR 8.0 billion (2020: EUR 4.8 billion) and the ebit margin increased to 9.8% (2020: 7.3%). Consolidated net profit after deduction of... more
DPD 2021 in full swing
France-headquartered DPD group, an affiliate of Geo Post, has reported its results for 2021. Revenues amounted to EUR 14.7 million, a 14.8% increase compared to 2020, while operating profit went up by 25%, passing the mark of EUR 1 billion (EUR 1.06 billion). 2.1 billion parcels... more
Series B funding round raises USD 40 million
Berlin-headquartered start-up Instafreight recently closed is Series B funding round at USD 40 million. The financing round was led by Heliad and the European Investment Bank (EIB). All previous investors also participated in this round. EIB vice president Ambroise Fayolle... more