Big Money pushing major 3PL merger 
The logistics sector has become more attractive to investors during the pandemic. In the USA, 3PL players Global Tranz and Worldwide Express are now merging – with the financial assistance of a consortium led by CVC Capital partners and following the advice of Armstrong &... more
New unit at Bansard International
French company Bansard International, founded in 1963, has formed B-Flexee, a new entity dedicated to emergency transport. The new solution responds to customer demand for emergency assistance in road and air transport by integrating digital developments with real-time... more
Hellmann expands in the "Hexagon"
German freight forwarder Hellmann is opening its first direct load branch in France, located in Rennes. The company is thus continuing its growth path in the French market. Hellmann's first fully owned French branch near Paris started operations in September 2019. Before,... more
Geodis greening its fleet
Geodis is investing in a fleet of special vehicles for urban deliveries in France. The freight forwarder’s French organisation has ordered 200 units that will be fuelled with biogas. Delivery is scheduled for the end of 2021. "By greening road transport in the last mile... more
Big money for Paycargo
Freight payment platform Paycargo has found more investors. A USD 125 million Series B investment was secured by global venture capital and private equity firm Insight Partners. The freight payments network currently counts 67,000 active users remitting and receiving... more
The art of logistics
At its Somaglia site in Italy, Ceva Logistics turned a logistics park into an open-air, urban art gallery. As part of the Prologis Parklife initiative, eight internationally Italian urban artists used 40,000 sqm of building facades and water tanks as canvases to create works of... more
Menzies continues shopping spree
In UK, Menzies Distribution has acquired JBT, a Scottish logistics and supply chain services company with an annual turnover of GBP 23 million. With the takeover, Menzies adds 200 vehicles and six operating sites to its network. Based in Bathgate, West Lothian, with further... more
GAC breaks ground in Doha
In Ras Bufontas Free Zone Doha, construction is underway on GAC Qatar’s new 27,000 sqm multi-user contract logistics facility. It follows the signing of an agreement between GAC and Qatar Free Zones Authority (QFZA) in February this year. The facility is expected to be... more
Renovating automation
The VVA (Vereinigte Verlagsauslieferung) Group, an affiliate of Arvato Supply Chain Solutions, has reshaped its distribution centre in Guetersloh in Germany. SSI Schäfer has built an automated shuttle warehouse with order picking system in the existing facility on a limited... more
All hands on deck! 
May saw a depressing new record set in India, with more than 28 million cases of a new variant of Sars CoV 2 reported. Bringing the foreign relief available to India and its health system is quite a logistics challenge. The ITJ spoke to Mukesh Aghi, president of the US-India... more