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
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