Fresh cash for AI startup
It is a good time for tech logistics start-ups: Singapore-based Portcast has completed its USD 3.2 million pre-series A financing led by Newtown Partners with Wavemaker Partners, TMV and Innoport and SGInnovate to make artificial intelligence profitable in logistics.... more
New location in Bavaria
Gebrüder Weiss' new location in Straubing in Lower Bavaria (Germany), will be operational from October, enabling the international transport and logistics provider to further consolidate its land transport network across southern Germany. The new site will be based at a... more
For cool freight in Singapore
At Singapore’s Changi International Airport, Ceva Logistics has launched its temperature-controlled airfreight station as a healthcare logistics hub for the Asia Pacific region. The cold station lies within the free trade zone of Singapore's airport logistics park. Ceva's... more
Relocation around Atlanta
Tirehub, a joint tire distribution company of Bridgestone Americas and Goodyear, has opened a new logistics and distribution centre in Kennesaw, Georgia to better serve the Atlanta metropolitan area. The previous centre was in Lawrenceville in the same state, about 80 km... more
Diligent robots in Dortmund
The Auto Store system in Dortmund, which boasts the largest number of robots in one location in Europe, is operational. The system was built in a new hall with a floor space of 7,700 sqm and is specially designed for international players in the fashion industry with a... more
Heppner expands in Ruhr region
The French Heppner Group, which was founded in 1925 and specialises, among other things, in cross-border freight transports between France and Germany, has acquired ABC-Logistik, ABC-Warehousing and incharge, a family-run group of companies based in Düsseldorf and Krefeld.... more
Big deal over China Logistics
The real estate affiliate of the major e-commerce player JD.com has purchased a controlling stake in the Hong Kong-listed China Logistics Property Holdings (CNLP) with a portfolio of 65 distribution centres and logistics parks. The 26.38% stake in the company currently belongs... more
Panalpina's funeral and Agility's integration
The Danish holding has changed its name from DSV Panalpina to DSV. The DSV shareholders approved this step, which was proposed by the board of directors, at a recent extraordinary general meeting at the group's headquarters in Hedehusene near Copenhagen, Denmark. DSV... more
Amazon's German expansion manifest
As part of Amazon's expansion scheme in Germany, Garbe Industrial Real Estate is developing a sorting centre for the online retailer in Erding, 30 km north-east of Munich. The new facility will have a floor area of around 5,200 sqm. The property is scheduled to be ready for... more