A large-scale global marriage
Scan Global Logistics (SGL) and Trans Group are closing ranks and combining their operations under one brand, Scan Global Logistics. The decision concerning the merger of the American Trans Group and the SGL Group, which were sold jointly to the US private equity firm AEA... more
Singaporean acquisition Down Under
ESR has completed the acquisition of 10% of the total issued units in ESR Australia Logistics Partnership (EALP) by RBC Investor Services Trust Singapore for AUD 60.5 million (SGD 62.4 million / USD 46.6 million). This acquisition in Australia marks ESR’s first overseas... more
Roofing ceremony in Roermond
It's an investment from Singapore in Europe. Frasers Park in the Roerstreek-Noord industrial park in Roermond, the Netherlands, held its roofing ceremony recently. Frasers Property Industrial, which acquired the 50,000 sqm site of in November 2020, is a business unit of... more
Express service for automotive manufacturer
Priority Freight finds a time-critical logistic solution for an automotive manufacturer: The company's plant in Spain required immediate support transporting 2 t of automotive parts from Tianjin, China, in just 48 hours. When the call came in from the customer in Spain on... more
Agility's GIL on a good footing
Global forwarder Agility has released its results for Q1/2021. A net profit of KWD 12.6 million (USD 42 million) represents an increase of 28.7% over the same period in 2020. Ebit surged by 31% to KWD 26.9 million (USD 89.4 million), while revenues went up likewise by 28.6% to... more
Kloosterboer strikes in Bremerhaven
Rotterdam-based cool chain logistics provider Kloosterboer has acquired Columbus Spedition, a forwarder that specialises in temperature-controlled food logistics, effective May 2021. Kloosterboer recently sold parts of its activities in Scandinavia and is now investing in... more
Combinex takeover rounds off portfolio
C.H. Robinson's European arm is taking over Combinex Holding in the Benelux region. Combinex was founded by Arie Troost in 2006 and specialises in the transport of dry, fresh and frozen goods for the pan-European market. The freight forwarder, whose own fleet comprises... more
Under Armour's start in UK
Ceva Logistics has begun the full omni-channel distribution of Under Armour’s sports apparel products in UK. The provider runs Under Armour’s UK e-commerce business as part of an on-going, multi-year contract, with up to 200 employees operating from Ceva Logistics’ dedicated... more
Sennder's physical-digital expansion
Digital forwarder Sennder has acquired Dutch carrier Cars & Cargo, which operates in France and the Benelux countries. The price of the transaction was not disclosed. As part of the takeover, Cars & Cargo’s fleet of 240 trucks will be fed into Sennder’s system.... more
Apex takeover takes last hurdle
The authorities have given the green light for Kuehne + Nagel's acquisition of Apex International Corporation (Apex). Apex, which is especially dedicated to the transpacific and intra-Asia trade routes, is now part of the K+N group. The freight forwarding group, which in... more