Geodis ambitious also for 2022 
France-headquartered Geodis Group saw significant growth in 2021. While revenues surged to EUR 10.9 billion (+28% versus 2020 and +33% versus 2019), ebitda took a similar leap, amounting to EUR 948 million (+33% versus 2020 and +38% versus 2019). Freight forwarding was the... more
DP World and Imperial to complete takeover 
Dubai-headquartered port and terminal operator DP World Logistics is now ready to take over Southern African Imperial Logistics. Both parties have announced that "all conditions precedent regarding DP World’s offer to acquire a 100% stake in Imperial, including regulatory... more
Clipper handing over to GXO?
Clipper Logistics and GXO Logistics, the spin-off of XPO Logistics' global contract logistics segment, are ready: after months of negotiations, the companies have reached agreement on the key terms of a possible cash and share offer for Clipper by GXO, which values the company... more
Two more partners for Cargo Integrity Group
Fiata, the international Federation of Freight Forwarders Associations, and BIC, the Bureau International des Containers, are joining the Cargo Integrity Group, which brings together international freight transport and cargo handling organisations to foster improvements in... more
Reshuffle at Grieshaber
Founded in 1951, Grieshaber Logistik, Germany, reported a substantial growth in turnover in 2021, reaching the EUR 100 million mark for the first time. The number of employees rose from 600 to 750. Gregor Schnell, who has been with Grieshaber Logistik since 2008 and has been... more
More space in Poland
Pall-Ex Poland has opened a new central hub in Łódź. About 140 km from Poland’s capital Warsaw, the site is located in the traditional centre of the Polish textile industry, with the city featuring impressive turn of the century factories and warehouses. Thanks to its... more
Caution due to unclear situation in Ukraine
What can be said from a logistics point of view on the first day of the Russian attack on Ukraine, whose airspace is now closed to civilian air traffic? Naturally, in a first phase of armed conflict, airport infrastructure is a prime target. For example, there has apparently... more
UPS and ASL did not succeed
The CEP giant UPS has failed with a billion dollar lawsuit against the EU commission in the European Union General Court in Luxembourg. Two Irish air freight companies had also claimed damages for lost profits in the amount of EUR 263 million in the same context. The... more
Axell Group sells off part of its portfolio
The Dutch Axell Group in Diessen is strengthening its focus on logistics. The Timmermans family has been at the helm of the family business since it was founded in 1933. In 1996, the company opened its first logistics branch in Poland, in 1999, it launched the temporary... more
For more business in France
The freight forwarder Gustav Mäuler, based in Remscheid, Germany, has doubled the palletised general cargo volumes on its routes to and from France. The owner-managed company, which specialises in transport, warehousing, contract and chemical logistics, has been connected to... more