Strong H1 figures for Asstra
The international logistics group Asstra - Associated Traffic has reported its results for the first half of 2021. Sales grew by 25% compared to the same period in 2020, amounting to EUR 207.8 million. The group's gross profits increased by 8%. Road transport remains the... more
NTG Denmark improving in key markets
The Nordic Trans Group (NTG) reported a good Q2/2021, because “business activities exceeded pre-pandemic levels in all key markets.” The well-known turbulences led to the introduction of rate increases on domestic and cross-border transports.NTG’s recent acquisitions are... more
Cool robots for Kerry
The Kerry Logistics Network is making efforts to increase automation in its operations, to enhance productivity, and to this end now makes use of robotic arms in its F&B operations in Hong Kong, to boost sorting efficiency and to raise accuracy. The company has branded the... more
Dimerco with rising figures and accolades
The Dimerco Express group, a Chinese company founded in 1971 and based in Taiwan, has reported rising figures for H1/2021. Its consolidated sales revenues from January to June amounted to almost NTD 15.6 billion (USD 560 million), an increase of 39% compared to the same period... more
A greater solar impact in Austria
Early in August the logistician Gebrüder Weiss (GW) commissioned a photovoltaic power plant at its Graz branch office (Kalsdorf, Austria) that can generate more than 460 MWh of electricity a year. It will supply around 50% of the energy needed to run the 27,000 sqm logistics... more
Regional hub moved from UK to Netherlands
Houston-based Crane Worldwide Logistics has invested in a warehouse near Amsterdam Schiphol airport (Netherlands). The facility comes on top of operational centres in Tilburg and Rotterdam, will provide additional space and is also a reaction to the implications of Brexit.... more
Double strike for Agility
Kuwait-headquartered Agility has now finalised the sale of its Global Integrated Logistics (GIL) business to DSV Panalpina. It also reports good figures for Q2/2021. The group's revenues grew by 26.6% to KWD 112.2 million (USD 373 million) and net profit amounted to KWD 38.6... more
More international investors in China
The Dutch pension fund asset manager APG Asset Management (APG), ESR Cayman (ESR) and another global institutional investor have agreed to launch a logistics development platform in China, the ESR China Development Platform (ECDP). With an initial equity commitment of USD 1... more
DPD to swallow City Sprint
DPD UK, part of the European DPD Group owned by La Poste in France, will acquire City Sprint, a major same-day and last-mile delivery company based in UK. The financial details of the acquisition were not disclosed and the transaction is still subject to regulatory clearance.... more
Dachser USA banks on e-commerce fulfilment
According to a recent market report, US-American consumers spent USD 861.12 billion online with US merchants in the full year of 2020 – a leap of 44% in comparison to 2019. This represents the highest annual US e-commerce growth over the last two decades. Dachser USA Air... more