More warehouse space in Northern Germany 
Logistics group Cargo-partner, which is headquartered in Fischamend near Vienna, is expanding its portfolio in northern Germany. The opening of a new logistics site 70 km southwest of Hamburg increases the network's capacity by 10,000 sqm. The new location will serve... more
Echo Logistics is sold
Echo Global Logistics, founded in 2005, has inked an agreement to be taken over by funds managed by the private equity firm "The Jordan Company" (TJC). The transaction is valued at approximately USD 1.3 billion. Headquartered in Chicago with more than 30 offices in... more
Chinese licence for Ruscon
Russian logistics operator Ruscon's representative office in Shanghai has received an NVOCC (non-vessel operating common carrier) licence from the ministry of transport and communication of the People's Republic of China. With this licence, Ruscon, which was founded in 2008,... more
UPS invests in Great Britain
UPS is continuing its strategic expansion in UK. The company has just opened an expanded air hub at East Midlands Airport (EMA). The extended hub now covers 36,000 sqm and is equipped with automated scanning and sortation systems. The USD 190 million investment allows the... more
Scan Global goes New Zealand
New Zealand freight forwarder Orbis Global Logistics was the next on the list of its North European competitor Scan Global Logistics. On 5 October, Orbis' shares will change hands. Financial details were not disclosed. With this takeover, SGL will significantly strengthen... more
Combining two digital worlds
It is a marriage above the clouds. True Commerce, a global provider of cloud-based supply chain and omnichannel solutions, has acquired Di Central, which specialises in B2B and API solutions. This acquisition combines both companies' expertise in automation, digitalisation... more
Militzer & Münch strengthens grip on Balkans
The Switzerland-based Militzer & Münch Group has opened two new country units in the Balkans region, besides existing locations in Greece, Bulgaria and Romania. The units in Sarajevo (Bosnia and Herzegovina) and Podgorica (Montenegro), which will focus on logistics services... more
Imperial logistics: latest results
Before the prospective takeover by DP World in February 2022, Imperial logistics has presented the figures of its last financial year, which ended 30 June 2021. Revenues were up 13% to ZAR 52.2 billion (USD 3.69 billion), ebitda rose more strongly by 22% to ZAR 4.99 billion... more
A Projects acquires Trans-Trading
The Belgian group A Projects, which is based in Antwerp, has inked an agreement to acquire Trans-Trading Internationale Spedition, a German international freight forwarder that has regional offices in Willich, Hamburg and Munich. With this takeover, A Projects will further... more
Dimotrans sees crystal clear
The Lyon-headquartered Dimotrans Group recently acquired 85% of the capital of Crystal, a provider of intermodal services specialising in the air and maritime overseas segments. Four of Crystal Group's historical partners keep the remaining 15% of the capital. They will... more