Kerry and Hengan form JV 
Hong Kong-based Kerry Logistics and Hengan International, a major producer of hygiene consumables in China, have put their partnership on a new basis and set up a joint venture company to create synergies in business-to-business (B2B) bulk distribution and the wholesale market... more
Geodis expands footprint in Sweden
It is a first for Geodis: in order to bring its contract logistics services to the Swedish market, Geodis is opening a 16,000 sqm facility at Arendal, close to Gothenburg. Effective 1 December 2021, the new facility will cover the full range of warehousing and distribution... more
Stef buys Langdon
Stef has extended its geographic coverage in Europe to UK. The French logistics player and the Nagel-Group have signed an agreement regarding the acquisition of Langdon Group. Specialising in temperature-controlled transport nationwide, Langdon Group is also involved in the... more
Not only China, also Vietnam
The Christmas business in the Atlantic region is under threat not only because of high transport costs and a lack of freight capacity in China, but also due to current lockdowns in Vietnam. Supply chain management experts at Setlog, a provider of SCM software with headquarters... more
Diffusion Alloys expands in Teesport
Industrial company Diffusion Alloys has opted for another long-term lease at Teesport Commerce Park, allowing for the construction of a new GBP 1.5 million (EUR 1.8 million) coating facility. Diffusion Alloys, which specialises in diffusion coatings for large components, has... more
Spanish Coral Group now Belgian
The Belgian company H. Essers executed an acquisition in Spain in mid-September for all of the shares of the Spanish firm Coral Transports & Stocks, a family business that specialises in chemical and hazardous goods logistics. The company was founded in 1995 by the Comas... more
Ceva open for business in Uzbekistan
To extend its range in Central Asia, Ceva Logistics – having already opened an office in Almaty (Kazakhstan) in 2020 – has now also established a new office in Tashkent (Uzbekistan). Landlocked Uzbekistan offers some potential for multimodal overland transport options by rail... more
New IT hub in Porto
A new IT centre in Portugal has been launched by Kuehne+Nagel. According to a press release it will “focus on developing new products, e-solutions and digital services”. About 200 software engineers will be employed in Porto by mid-2022 on standardisation and automation... more
Joint venture in Thailand
A new alliance in Thailand. Ratanakorn Asset, a Thai real estate company, and FLS have set up FLS Supply Chain Centers, a joint venture to design, build and operate warehouse complexes in the country. The logistics service provider FLS, headquartered in Laem Chabang, was founded... more
A good quarter for J.B. Hunt
In Q3/2021, the Arkansas-based US firm J.B. Hunt Transport Services achieved earnings of USD 199.8 million, an upswing of 59.2% compared to the same period in 2020. Revenues amounted to USD 3.14 billion, an increase of 27% compared to the USD 2.47 billion in Q3/2020. The... more