Echo's merger to close this month
Chicago-based and Nasdaq-listed Echo Global Logistics has received the green light from its stockholders for the proposed merger of Echo and Einstein Merger Sub. The American company is a Delaware corporation, a subsidiary of Einstein Mid Co and an affiliate of The Jordan... more
700 new "green" heavy duty vehicles
Stef has contracted Saipol from the Avril group to increase its fleet of HGVs in France. The vehicle in question is the Oleo 100, a “B100” type renewable energy that is powered by diesel and cuts greenhouse gas emissions by a minimum of 60% and particulate emissions by up to... more
Five for Japan
DHL Supply Chain has opened five new logistics centres in Japan to support its operations for GE Healthcare Japan, a medical technology, pharmaceutical diagnostics and digital solutions firm. The new hubs are located in Kawasaki, Sapporo, Nagoya, Osaka and Fukuoka. The... more
Geodis augments activities in Belgium
Geodis has launched a new sorting centre in Schoten near Antwerp in Belgium and a new office at Liege airport. The first facility is intended to support the expansion of an international e-eommerce customer into the Belgian market, the second for multiple customers in Europe.... more
Green hydrogen supplier settles in Duisport
Plug Power, a provider of green hydrogen for the global market, is locating its future European headquarters in the port of Duisburg. The listed company has been active in Europe for more than ten years and is looking to further expand its business activities on the continent.... more
The Mongolian project
12,600 LED street lights and lamp posts were transported to Ulaanbaatar by rail recently. The logistician Gebrüder Weiss (GW) was contracted by the Zumtobel lighting group for the undertaking. More than 80 containers in twelve months were delivered on schedule from Austria to... more
More Bauhaus products in Czech warehouse
German DIY retailer Bauhaus has renewed and extended its e-commerce logistics contract with FM Logistic. The expanded range of services offered has doubled the size of the Lovosice fulfilment centre in Czechia, close to the German border, from 30,000 to 60,000 sqm. The... more
Laurels for technology in logistics
Founded in 2016, technology company Insta Freight has reached seventh place in Deloitte's Technology Fast 50 2021. With this award, Deloitte honours the 50 growth champions in the tech industry, based on their percentage revenue growth over the past four financial years. The... more
DDS raises new funds
DDS Logistics, a French software developer for transport, logistics and international sourcing that specialises in transport management solutions (TMS), has just obtained new funds from its investors. The EUR 8 million fresh cash will be used to push two projects: the... more
Frigoscandia changes hands
Private equity holding Mutares is acquiring Frigoscandia from Posten Norge. Founded in 1948, Frigoscandia specialises in fresh, chilled and frozen food logistics solutions, providing transport services for goods at temperatures from -25° to +25°C. It operates out of 25... more