A mixed bag for XPO Logistics 
In Q3/2021, XPO Logistics achieved its best results in revenues in the company's history to date. Revenues increased to USD 3.27 billion, up 22% compared with USD 2.68 billion in Q3/2020. Operating income however was USD 112 million for Q3/2021, down 18.8% compared with USD... more
For more capacity on the Ivory Coast
Ceva Logistics has acquired two fish loaders imported from Spain for deployment at the port in Abidjan, Ivory Coast, The new units enable the company to offer an end-to-end solution for frozen tuna exports from the West African country. These exports are set to exceed 150,000 t... more
Setting anchor in Dubai
Bremen (Germany)-headquartered logistics company Röhlig Logistics has opened an office in Dubai. It is headed by CK Prasanth (branch manager), who reports to Kuben Reddi, managing director of Röhlig-Grindrod and Röhlig Dubai, based in South Africa. From the board, Robert... more
More P3 in Spain
Logistics real estate developer P3 Logistic Parks has invested in the Mediterranean corridor and acquired a Spanish logistics portfolio from a joint venture between KKR, Round Hill Capital and Pulsar Properties, for an amount of EUR 108 million. The estate includes around... more
Lagermax and Night Star Express join forces
The Lagermax Group, headquartered in Salzburg, and the overnight express service provider Night Star Express will be cooperating from 1 January 2022. Lagermax AED is a subsidiary of the Lagermax Group and was founded in 1991. The company has over 30 branches in Austria and... more
Logista results in financial 2021
Madrid-based Logista, which specialises in proximity distribution services in southern Europe, has presented its results for fiscal 2021. Revenues grew by 5.6%, clocking in at EUR 1.2 billion, due to improvements registered in all geographical areas and activities, except for... more
For sweet perfumes in Singapore
Bolloré Logistics has implemented a new e-commerce fulfilment solution for two perfume and cosmetic brands within the LVMH group. The new product was created in response to growing demand for digitalisation and launched in the Singapore and Malaysian markets in spring 2021.... more
For Diageo in the Philippines
Diageo has contracted Ceva Logistics for a three-year period to handle warehousing and value-added services in the Philippines. Diageo, a major alcoholic beverage producer for the global market, has already worked with Ceva Logistics over the last two years. The logistics... more
No limits for DHL Group
Deutsche Post DHL Group has again improved its figures, in Q3 of the current financial year 2021 as well. Revenues surged by 23.5% to reach the threshold of EUR 20.0 billion, while the group's operating profit (ebit) went up by 28.6% to EUR 1.8 billion. The ebit margin... more
Expeditors getting far
Global logistics company Expeditors, which is headquartered in Seattle/Washington, has reported its Q3/2021 financial results. Revenues jumped up by 84% to USD 4.3 billion compared to the same period in 2020 (USD 2.3 billion). Operating income increased by 94% to USD 490... more