The French go Benelux 
France-based contract logistics group ID Logistics has taken over 100% of GVT Transport & Logistics, the transport and logistics division of GVT Group of Logistics, which was founded in the Netherlands in 1957. In terms of importance, Benelux is the third logistics... more
Pfenning takes over HTH Logistics 
German provider Pfenning logistics, which was founded in 1932, is acquiring HTH Logistic Solutions with retroactive effect from 1 July 2021. An agreement to this effect was signed in October 2021. HTH specialises in logistics fulfilment, fashion and e-commerce logistics and... more
Waberer's leaves the trail of tears
In its financial results for Q3/2021, Hungary-based company Waberer’s International reports a 7.9% rise in revenues compared to the same period last year, reaching EUR 147.8 million. This result was 1.4% below Q2/2021, and both the ITS and RCL segments were affected.... more
Adapting intralogistics to new shopping habits
According to Tiktok's latest market research feedback study, 90% of the users of this social network in Saudi Arabia, 83% in the UAE and 79% in Egypt significantly increased their online shopping habits in 2020. In order to meet the customers' new omnichannel requirements,... more
DSV: Leicestershire is the first of six
DSV is drawing up a major plan for developing its logistics business in Europe. DSV's GBP 2.5 million investment in Leicestershire is only one of six initial systems being installed in Europe with an initial investment of over GBP 20 million with more to come across the globe.... more
Acquisition in Italy
Interporto Rivalta Scrivia has sold Kantaro SRL, a cold chain warehousing provider in Italy, to Lineage Logistics. The acquisition includes three warehouses in Nocetolo in the Reggio Emilia province between Parma and Bologna. The takeover is another step in Lineage’s... more
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