New platform for Tanzania's businesses 
DP World is launching its wholesale e-commerce platform dubuy.com in Tanzania. The online marketplace will attempt to give Tanzanian businesses more opportunities to buy wholesale products across a variety of categories both domestically and abroad - and a broader access to... more
Bolloré and MSC clinch deal in Africa
White smoke is rising. The negotiations between the French Bolloré Group and the Geneva-headquartered MSC, which were announced in December 2021, have come to a successful conclusion. On 31 March 2022, the Bolloré Group inked the contract of sale with the MSC Group for 100%... more
Repurchase of Gefco shares?
The Gefco Group hasn't remained untouched by developments in Eastern Europe. Since RZD, the Russian railways, bought 75% of its capital in 2012, the sanctions imposed on its shareholder by the European Union are having a negative impact on the group’s activities, in the UK, for... more
Smiling faces in Hong Kong
2021 was good to Kerry Logistics. In its annual results, the Hong Kong-based group reported revenues amounting to HKD 81.7 billion (USD 11.2 billion), a rise of 53% compared to 2020 (HKD 53.3 billion). Operating profit clocked in at HKD 6.2 billion (USD 790 million), an increase... more
MSK Pharmalogistik finds new location
The family-run pharmaceutical logistics service provider MSK Pharmalogistic from Heppenheim, Germany, is moving into a new location. In the new Panattoni Park Mannheim North, the company is planning a logistics centre certified as GDP (good distribution practice) and GMP (good... more
French takeover in Singapore
Singapore-based Keppel Logistics is to be Geodis' next acquisition. The takeover is designed to increase the French Group's contract logistics footprint and e-commerce fulfilment services in Singapore and Southeast Asia, as CEO Marie-Christine Lombard said. Keppel Logistics... more
John Menzies deal fixed
The deal is inked. Agility and John Menzies PLC have reached agreement on the terms of a recommended cash offer for the takeover of 100% of the ordinary shares of the latter. The deal values John Menzies at approximately GBP 571 million (EUR 675 million) on a fully diluted basis... more
Intersport's omnichannel logistics concept
The Hamburg-based Intersport Group, which has more than 1,000 affiliated retailers in the B2B sector in Germany, has put its logistics on a new footing. The central warehouse in Heilbronn has been gradually expanded since 2018 in keeping with the company’s omnichannel... more
