Logistics real estate a winner 
According to an analysis published by BNP Paribas Real Estate, Germany’s logistics markets grew very strongly in the Corona pandemic. With a record 9 million sqm (incl. owner-occupiers) in use in 2021, the previous year’s figures were exceeded by 32 % and the ten-year average by... more
C.H. Robinson all over the ocean
3PL C. H. Robinson has released its full-year results for 2021: revenues went up by 42.5%, amounting to USD 23.1 billion. Operating income grew almost to the same extent, with a 37.8% uptick to USD 1.08 billion. Yet, profit margin rose only slightly from 4.15% in 2020 to 4.68%... more
Swedish double strike in the south
Founded in Gothenburg in 2003, Swedish freight forwarder NTEX recently acquired the transport and forwarding company Scanroad in Belgium and shares in the Italian freight company ITX Cargo. It is a further step on a path already taken, since the Swedes acquired Scanroad Sweden... more
GDP and WDA for NX Spain
Two certificates at the same time: Nippon Express de España has obtained the wholesale distributor authorisation (WDA) and good distribution practice (GDP) certification from the Catalan department of health. Effective 24 January 2022, temporary storage, import/export... more
Developing Angola's logistics sector
Port and terminal operator DP World and the government of Angola have inked a memorandum of understanding (MoU) to develop the country’s trade and logistics sector. The Dubai-headquartered DP World player started operations at the multipurpose terminal (MPT) at the Port of... more
New Australian location for Geodis
Geodis is planning to open a new warehouse facility in Australia. The 4,500 sqm warehouse, which is due to be operational by H2/2022, will feature 4,000 pallet locations, 1,500 sqm of bulk space, and a cool room for perishable goods supply to marine and hospitality logistics... more
Money from Logista
At their recent general meeting, the shareholders of Madrid-based Logista, a specialist for proximity distribution services in southern Europe, approved the distribution of a dividend of EUR 164 million, up 5.1% compared to the previous year. This dividend represents the... more
Latin American location for Leschaco
In February 2022, the Transantartic S.A.C. (TPL), a freight forwarding company based in Lima, Peru, was taken over by the German logistics group Leschaco (Lexzau, Scharbau). The Peruvian player had been a part of the Leschaco Group's agent network for more than ten years.... more
A bright future for the logistics market
Dublin-based intelligence provider research and markets has published its latest "Global Logistics Market Report and Forecast 2022-2027’". According to its findings, the global logistics market reached a business value of about USD 9,525 billion in 2021. Driven by... more