Special transport of a giant mirror 
It might have been a gift for Snow White's stepmother. Safran Reosc, a subsidiary of Safran Electronics & Defense, contracted Gefco France to transport a giant mirror prototype for the European Southern Observatory (ESO)'s ELT (extremely large telescope) from France to Spain... more
More automotive logistics hubs in New Jersey
Jaguar Land Rover has signed a five-year contract with UK-based Unipart Logistics to support its expansion in northeastern USA. A new 85,000 sqm aftermarket site in Mickleton NJ is the first US dual-brand site for Jaguar Land Rover, serving 90 retailers and the port of... more
Young SME Acito Logistics expands portfolio
Acito Logistics, which was founded in 2014 and is based in Weil am Rhein and Efringen-Kirchen (Germany), has now left the status of a start-up behind it. The company, which specialises in logistics solutions for companies from Germany and Switzerland, set up its logistics... more
Bolloré receives billion-euro offer from MSC
In December the Bolloré Group received an offer from the Geneva-based MSC Group to acquire its entire African logistics operations. The offer was submitted on the basis of a valuation (net of minority interests) of EUR 5.7 billion. Bolloré has granted MSC exclusivity until the... more
LF Logistics sold for USD 3.2 billion
Just before Christmas Copenhagen-based A.P. Moller-Maersk announced the acquisition of LF Logistics, a Hong Kong-based contract logistics company that specialises in omni-channel fulfilment services in the Asia-Pacific region. According to CEO Soren Skou the move represents... more
Swiss Post keeps on expanding
The next coups have been completed. On 1 January Swiss Post acquired the company Stella Brandenberger Transport, based in Pratteln near Basel (Switzerland). The family business employs almost 80 people and specialises in domestic transport for overseas containers. In addition,... more
Posti Group sells Russian investments
Posti Group has completed its divestment from companies forming the Itella Russia business group. The buyer is international logistics services provider Tablogix, which has been active in the Russian market since 1994. Posti sees its divestment of Itella Russia as a further... more
"A strong year for forwarders"
Transport Intelligence (TI), a consultancy located near Bristol (UK), expects 2021 to have been a brilliant year for freight forwarders. According to its analysis, the forwarding market is forecast to have grown by 12% in value compared to 2020. In terms of modes of transport,... more
Clipper Logistics grows in Europe
Leeds (UK)-based Clipper Logistics has reported its results for the first six months of its financial year which ended on 31 October 2021 (H1/FY 2022). While revenues increased significantly by 33.1% to GBP 406.1 million (EUR 476 million), the group's ebit surged 12.1% to GBP... more
Patrizia's latest coup aims at Maasvlakte
Patrizia, a German investor in global real assets, is acquiring a 233,000 sqm distribution centre from Dutch logistics developer DHG. Valued at EUR 230 million, the facility is located in the container hub Smartlog Maasvlakte in Rotterdam. The acquisition, which - according... more