K+N shares Apex 
Expansion at any price is not Kuehne + Nagel's business model. The freight forwarding group, which most recently invested CHF 1.1 billion in the purchase of Apex in Asia (financed by the group's own funds and approximately 750,000 new Kuehne + Nagel shares issued out of... more
Gefco is definitely for sale
Reuters brings it to light: the news agency reports that vehicle transport group Gefco has been put up for sale by its majority owners, the Russian Railways RZD and car manufacturer Stellantis, which became the umbrella organisation of Groupe PSA and Fiat Chrysler Automobiles in... more
Another hub for Poste Italiane
Poste Italiane has inaugurated a logistics centre in Landriano, Lombardy (Italy). The parcel and sorting hub is part of an investment of EUR 60 million to strengthen the player's e-commerc capabilities, amongst others. The facility covers 40,000 sqm of indoor space and can... more
Fiata and ICHCA join forces
Fiata (International Federation of Freight Forwarders Associations) as global representation of freight forwarders and the International Cargo Handling Coordination Association (ICHCA) have renewed their memorandum of understanding (MoU) and thus reinforced the ties between the... more
Less cargo theft in Brazilian hot spots
Sensitech’s supply change intelligence centre has published its most recent report on cargo theft in Brazil. According to its findings, cargo theft in São Paulo decreased by 1% in Q1/2021 in comparison to Q4/2020, while in Rio de Janeiro, the decline was 3% from Q4/2020. Food... more
Panattoni builds for Amazon
Project developer Panattoni is developing a logistics real estate for Amazon in Salzgitter, Germany. At the distribution centre, incoming parcels from the retailer’s European logistics network will be sorted and picked up by local independent carriers to be delivered to... more
Carbon neutral air cargo
It is an encounter of the third kind: IAG Cargo, the cargo division of International Airlines Group, and freight forwarder Kuehne + Nagel have completed a chain of 16 charter flights from Stuttgart to Atlanta - the first ones to be carbon neutral. The key was to secure 1.2... more
New tenant in the north
Germany-based online furniture retailer riess-ambiente.de is relocating its headquarters and warehousing. With the gradual move into the Logistik Park Hamburg Nord (Kaltenkirchen/Nützen), which is part of the Panattoni portfolio, from August 2021, it will finally have approx.... more
Exploring the Antarctic with Astre
European-based logistics network Astre is reaching far south. It is one of the main sponsors of the "Polar Pod" expedition, which will explore the waters at the South Pole from 2024. It is the next project of the well-known French polar explorer Jean-Louis Étienne.... more
Xpediator raises expectations for 2021
UK-based Xpediator, an international freight management company, has raised its financial outlook for the full year on the basis of its good results in H1/2021. As stated in the general meeting on 8 June 2021, demand for the group's services in all three divisions has been... more