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
Röhlig goes Berlin
Bremen-based and family-owned international Group Röhlig Logistics inaugurated a new office in Berlin this month. Near the finally opened new Berlin Brandenburg Airport, the company's local team offers services by air, sea and rail. As managing director of Röhlig Germany,... more
DSV concentrates on Agility integration
The hungry Danish logistics lion has reported its interim figures for Q3/2021. Revenues in Q3/2021 amounted to DKK 49.6 billion (EUR 6.6 billion), a leap forward of 43.3% in comparison to the same period last year (DKK 28.1 billion/ EUR 3.8 billion). Operating profit (ebit)... more
Pics for risks
TT Club, the UK-based insurance provider, has found a new way to heighten awareness of the security risks in the supply chain. The corporation has launched a series of brief informative and instructive animations to highlight specific vulnerabilities. A total of seven... more
New site in Coventry
Real estate developer Bericote Properties has contracted Glencar to construct a 72,465 sqm logistics and industrial scheme in Coventry. The project will be known as Coventry Logistics Park. Works for the speculative industrial space across three new units will start in... more
Aramex welcomes European stakeholder 
It is a connection linking Franc with the Middle East. Geo Post, which is owned by Le Groupe La Poste, has invested in a 20.15% stake in CEP and logistics services provider Aramex. The shares of the Dubai-headquartered company were sold for AED 1.4 billion (USD 380 million).... more
SGL continues its rapid expansion
Nordic company Scan Global Logistics (SGL) is opening three new offices in West Africa and France - a change, since acquisitions of other companies have taken the lead over the last months. About a month ago, Group CEO Allan Melgaard inked the seventh acquisition in 2021,... more