Nelt terminal extends outreach from Belgrade 
Forwarding, intermodal and logistics distribution company Nelt has invested EUR 2 million in increasing capacities at its intermodal terminal in Belgrade (Serbia). The facility's usable area has been expanded to 30,000 sqm. With the upgrades, the hub can now receive and handle... more
More shares in Singapore business
The Singapore market is becoming more and more interesting for European investors. Geopost, an affiliate of the DPD Group, is increasing its stake in Ninja Van to 40%. Launched in 2014, Ninja Van started operations in Singapore and has now become a fast-growing last-mile... more
Reverse logistics becomes a fashion
Global logistics company Geodis is adding returns management to its range of e-commerce services. Retailers and e-merchants can now make use of the group's end-to-end technological and logistical solution covering the entire value chain, from order orchestration to product... more
Extending capacities near Nuremberg
Near Nuremberg, Hermes Fulfilment is expanding the capacities of its Anbach logistics centre by opening a new external storage facility in Freystadt on 1 October 2021. The 20,200 sqm logistics building in the main Ansbach warehouse was recently increased by renting additional... more
Higher revenues, lower profits for FedEx
FedEx has reported its consolidated results for the first quarter, ending on 31 August, which were affected by disruptive impacts on global supply chains and a lack of labour. Revenues grew by 14% compared to Q1 last year, and came to USD 22 billion; operating income fell by... more
Benetton Group banks on robots
The Benetton Group, a fashion company with brands such as United Colors of Benetton and Sisley and a retail network of more than 4,000 shops, has contracted Dematic to install an ‘auto-store system’ at the group’s logistics facilities in Villorba, in the province of Treviso in... more
Ice-cold combination in Massachusetts
It’s a Massachusetts deal. Ice Cube Cold Storage & Logistics, based in Fall River MA (USA), has finalised the acquisition of the Main Terminal Division of Maritime International, from New Bedford MA (USA). The newly-named Ice Cube Cold Storage & Logistics Maritime... more
New kids on the block 
Attitudes in the forwarding industry are old-fashioned, hierarchical and anti-progress? Don’t mention digitalisation? And if you do, then only to call it job-slashing technology? Not at all! One example that proves the opposite can be found in Linz. ACS Logistics founder and... more
Re-sale instead of reverse logistics
Seko Logistics, founded in 1976, is banking on recommerce in e-commerce shipment. The Chicago-based company is partnering with newly launched recommerce specialist Reconomx to help retail brands reduce their carbon footprints. The plan is to contribute to bringing down the... more
E-commerce player big in Italy
A major e-commerce player has chosen a central distribution centre for the Italian market in Landriano, near Milan: Web-based portal Yoox Net-a-Porter has opened a new single hub that doubles the store’s existing inventory capacity. The EUR 47 million project is the company's... more