Swiss government confirms ICS2 participation 
It remains so. Switzerland has been participating in the Import Control System 2 (ICS2) of the European Union (EU) since 15 March 2021, based on a provisionally applied amendment to the agreement on customs facilitation and security with the EU. This means that customs data,... more
More "Kars" in Peru
KAR Logistics Perú (KAR Peru), a 50-50 joint venture company of Kawasaki Kisen Kaisha, (K Line) and Agencias Universales Perú (Agunsa Peru), has entered into full scale automobile logistics business around Lima, Peru in June 2021. Expectations for a post-Covid boom in the... more
Baxter Freight on the rise
In its recently published mid-year financial results, Nottingham-based logistics firm Baxter Freight reports that its figures are on a record mark, despite the effects of Covid-19 and Brexit. Turnover saw a big leap forward, rising from GBP 7.7 million in H1/2020 to GBP... more
To Russia with love
It is Maersk's first time in Russia. The Danish carrier's logistics arm has opened an inland container depot in Southern Russia. It is located 10 km from the port Novorossiysk, the largest port on the Black Sea. The site is connected by rail and highways to major industrial... more
An acquisition in Japan
M&G Real Estate Asia (M&G) has acquired a stake in the Singapore-based joint venture which owns the ESR Yatomi Distribution Centre (ESR Yatomi DC) in Japan on behalf of M&G Asia Property Fund. The ESR Cayman Limited (ESR)'s APAC core direct real estate fund has... more
New warehouse close to Vienna
The construction of a new logistics facility in Austria's Burgenland is now underway. The property with 31,500 sqm of hall space is being built in the Müllendorf Business Park, 55 km south of Vienna. The new building is scheduled for completion in Q1/2022. The Hamburg-based... more
CMA CGM banks on development in Indonesia
The CMA CGM Group has launched its fourth container depot in Indonesia. The site in Cakung, East Jakarta, covers a surface of 35 000 sqm and has an operating capacity of more than 4,000 teu. Indonesia exports paper and rubber as well as manufactured garments, footwear and... more
Mixed results for ZTO Express
Shanghai-headquartered ZTO Express (Cayman) has released its financial results for Q2/2021. Parcel volume amounted to 5.8. billion, a 25.6% increase compared to Q2/2020 (4.6 billion). Revenues grew by 14.4% to RMB 7.3 billion (USD 1.1 billion), recording an uptick of 14.4% (RMB... more
Not Lewis & Clarke, but Lewis & Clipper
Retailer John Lewis & Partners has contracted Leeds-based Clipper Logistics to provide further e-commerce and logistics services for points of sale in UK. The services are based in Clipper's new distribution centre in Bardon, near Leicester. The logistics company already... more
Hornbach chooses Panattoni development
Do-it-yourself chain Hornbach Baumarkt has signed a contract to lease Panattoni Park Speyer, a logistics property located in Rhineland-Palatinate, Germany. The facility will be handed over to the new tenant in November this year. Based in Bornheim (near Landau,... more