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
For sweet perfumes in Singapore
Bolloré Logistics has implemented a new e-commerce fulfilment solution for two perfume and cosmetic brands within the LVMH group. The new product was created in response to growing demand for digitalisation and launched in the Singapore and Malaysian markets in spring 2021.... more
For Diageo in the Philippines
Diageo has contracted Ceva Logistics for a three-year period to handle warehousing and value-added services in the Philippines. Diageo, a major alcoholic beverage producer for the global market, has already worked with Ceva Logistics over the last two years. The logistics... more
No limits for DHL Group
Deutsche Post DHL Group has again improved its figures, in Q3 of the current financial year 2021 as well. Revenues surged by 23.5% to reach the threshold of EUR 20.0 billion, while the group's operating profit (ebit) went up by 28.6% to EUR 1.8 billion. The ebit margin... more
Expeditors getting far
Global logistics company Expeditors, which is headquartered in Seattle/Washington, has reported its Q3/2021 financial results. Revenues jumped up by 84% to USD 4.3 billion compared to the same period in 2020 (USD 2.3 billion). Operating income increased by 94% to USD 490... more
Geodis' first generation of mobile robots
Geodis is upgrading a distribution centre in Hong Kong, SAR China, by implementing warehouse-based robotics and automation technology supplied by Geek+, a supplier of smart logistics tools through advanced robotics and artificial intelligence (AI), in order to accelerate a shift... more
A good Echo from the market
Chicago-based and Nasdaq-listed Echo Global Logistics has reported its financial results for Q3/2021. In September, Echo entered into a definitive merger agreement to be acquired by funds managed by The Jordan Company, a global private equity firm. Revenues in Q3/2021... more
Cleaning products to be distributed from Venlo
Shipper HG has contracted Broekman Logistics, founded in 1960 and headquartered in Rotterdam, for warehousing & services in Venlo, the Netherlands. HG, a Benelux specialist in cleaning products, has decided to source out the warehousing and value added services. Broekman... more