Highest accolade for DHL Group
The market capitalisation of EUR 24 billion in 2021 clinched the deal. Deutsche Post DHL Group will be the first logistics company to join STOXX Europe. Qontigo, the financial market services provider and subsidiary of Deutsche Börse, informed that the shares of Deutsche... more
Another coup for Gebrüder Weiss
The Bavarian middle-sized freight forwarder Spedition Lode and its 60 employees will join the Gebrüder Weiss network in October 2021. Financial details of the deal were not disclosed. With this latest acquisition, Gebrüder Weiss is taking another step in its expansion in... more
Waberer’s International picks CEO
Logistics company Waberer's International has named Zsolt Barna as new chief executive officer, effective 1 September 2021. Former CEO Barna Erdélyi joined the company's board of directors on 31 August 2021. Prior to his new appointment, Zsolt Barna was managing director of... more
Fraport USA's new gadget
The idea was born in the USA. Airport retail concessions developer Fraport USA is partnering with Servy, the enterprise self-service platform for hospitality, to bring its mobile ordering and delivery service, Gatewaiter, to select US airports. The new platform, powered by... more
A leap forward for Clipper Logistics
UK-based Clipper Logistics has reported the results for its financial year ending 30 April 2021. Group revenues showed an increase of 39.1% from GBP 500.7 million to GBP 696.2 million and group profit after tax reached GBP 21.7 million (2020: GBP 16.2 million), thus up 33.8%.... more
More space in Chicago
In order to expand its storage capacities for temperature-controlled containers used for transport of pharmaceuticals, operator C Safe Global has moved to a new location in Chicago that more than triples the size of its former facility in the metropolitan area. The new site now... more
Authorities to audit seafreight margins
The maritime shipping industry can now see a silver lining on the horizon: in July 2021, the US Federal Maritime Commission established an audit programme to assess ocean carriers’ compliance with federal regulations on detention and demurrage and to step up the federal agency’s... more
Fresh news from the 3PL market
Armstrong & Associates (A&A’s) has published its newest report on 3PL in 2020. According to the analysis, the pandemic showed that "3PL prevailed as an essential industry". The winner of all 3PL segments for revenue growth in 2020 was International... more
Digital solution for import containers
Dakosy, Hamburg, und dbh Logistics IT, Bremen, are developing a joint solution for the digitalised release process of import containers in Germany's sea ports. The first shipping companies and freight forwarders are expected to join the platform already this year. The joint... more
C.H. Robinson introduces surcharges
The USA-headquartered freight forwarder C.H. Robinson has announced several surcharges due to worsening port congestion in USA and beyond. From 6 September 2021 on, the company will introduce an origin congestion surcharge for goods on the link between Shenzhen and North... more