Le Havre's oldest forwarder rebranded 
Seafrigo, a global provider of temperature-controlled food logistics headquartered in Le Havre, France, has streamlined its service offerings and strengthened its identity by rebranding Maison Jamein, a member of the Seafrigo group, into "Seafrigo General Cargo".... more
Takeover in Hungary and Romania
Innight Hungary, which is based in Hungary and Romania, will operate under the Night Star Express banner in the future. The driving force behind the takeover is Hellmann Worldwide Logistics, a shareholder of Night Star Express. The acquisition now allows Hellmann to deliver... more
Playing cards instead of ammunition boxes
Panattoni is realising a tailor-made new building for Spielkartenfabrik Altenburg in the city of Altenburg in Thuringia (Germany). It is Europe’s oldest known designer and producer of playing cards and part of the Belgium-based playing cards manufacturer Cartamundi.... more
Swiss Post continues transformation strategy
Swiss Post generated a group profit of CHF 457 million in 2021, 39% more than in 2020 (CHF 279 million). The pressure on the letter (-3%) and financial business remains unabated. Swiss Post will therefore continue to pursue its strategy to meet the needs of individual customers... more
Deutsche Post DHL group is in heaven
In 2021, Deutsche Post DHL Group generated revenues of EUR 81.7 billion, an uptick of 22.5% compared to 2020. Earnings almost doubled to EUR 8.0 billion (2020: EUR 4.8 billion) and the ebit margin increased to 9.8% (2020: 7.3%). Consolidated net profit after deduction of... more
DPD 2021 in full swing
France-headquartered DPD group, an affiliate of Geo Post, has reported its results for 2021. Revenues amounted to EUR 14.7 million, a 14.8% increase compared to 2020, while operating profit went up by 25%, passing the mark of EUR 1 billion (EUR 1.06 billion). 2.1 billion parcels... more
Series B funding round raises USD 40 million
Berlin-headquartered start-up Instafreight recently closed is Series B funding round at USD 40 million. The financing round was led by Heliad and the European Investment Bank (EIB). All previous investors also participated in this round. EIB vice president Ambroise Fayolle... more
Vygon takes over distributor in Peru
France-based Vygon, a global medical devices group, has acquired Macatt Medica, a distribution company headquartered in Lima (Peru). Founded in 1997, Macatt Medica has been distributing the majority of Vygon’s products, including a wide range of enteral nutrition products,... more
MBO at Le Roy Logistique
Rennes (France)-based Le Roy Logistique group, which was founded in 1947, has sold the majority of its capital to more than 20 executives, including its president Serge Rambault. The traditional shareholders are staying on board. The Le Roy family and Alian Industries will keep... more
Timar's AEO for customs handling approved
At the beginning of 2022, the Moroccan provider of international transport and logistics services obtained the status of authorised economic operator (AEO) in customs categorised security/safety for its international transport and transit activities. This categorisation,... more