Gefco electrified in Italy 
Citroën has contracted Gefco as its logistics partner for a fully electric vehicle in Italy. The Citroën AMI is a lightweight quad that can be driven by 14-year-olds with an AM license. The agreement covers the transport, post-production operations and storage of the... more
More funds for Beacon
The UK-based digital freight forwarder Beacon completed its second finance round in October. The company raised USD 50 million in a series B funding, with previous investors including Amazon founder Jeff Bezos. The cloud-based services provider pointed out that its business... more
Giant wind blades on the road
Heavylift and project cargo haulier Laso Transportes, headquartered in Milharado, Portugal, is working on another major national as well as international project on the Iberian peninsula. For the wind farm P.E. Gardunha, twelve projects will be run in the Iberian Peninsula... more
50 candles for Trans-o-Flex
Express services provider Trans-o-Flex, a specialist for medical health products and other sensitive goods, is celebrating its 50th anniversary with all its employees at all its locations in Germany: On 2 November the company will kick off an online event from its headquarters... more
Crossbay: from Poland to Paris
Following the acquisition of two sites in Łódź and Warsaw, Poland, the European urban logistics platform Crossbay, which was launched in 2020, has acquired a 7,500 sqm multi-storey urban logistics asset in Saint Denis, a few kilometres outside Paris, for an undisclosed sum in an... more
Better access to Norwegian market
Rhenus Air & Ocean has opened a location in Norway, the company's first ever office in Scandinavia. "Rhenus Air & Ocean is currently not represented in the Nordic countries and therefore intends to strengthen its presence in the Norwegian market by establishing a... more
B+S Logistik to join Nagel Group
Germany's B+S Logistik und Dienstleistungen will have a new shareholder as of 1 January 2022 - subject to approval by the antitrust authorities. The Nagel-Group, one of Germany's largest food logistics companies, will take over the majority of shares in the logistics service... more
Barcelona and Busan join forces
South Korea and Spain start with the same letter; and so do Busan and Barcelona. The two ports have joined forces to promote their trade relations by inking an agreement to start a joint company and opening a Korean logistics platform in the port of Barcelona's 'logistics... more
Geodis taming the little tigers
France-headquartered Geodis has decided to extend its road network capabilities in Southeast Asia. Its network now connects Singapore, Malaysia, Thailand and Vietnam. The company deploys its own fleet of vehicles and a large network of partners. The addition of the service... more
Big Brown raising its forecast
CEP provider UPS has reported its results for Q3/2021. The group's revenue amounted to USD 23.2 billion, a 9.2% increase compared to the same period last year. Operating profit was even more significant, rising by 22.6% to USD 2.9 billion, up even 23.4% on a like-for-like basis.... more