A surprising year for A. Hartrodt 
A. Hartrodt exceeded expectations with its result in the difficult year of 2020. At EUR 112.1 million, the gross forwarding profit (gross profit) was only 0.9% below that of 2019. Andreas Schrön, chief financial officer, commented: "At the beginning of March 2020, I had... more
GLX Global Logistics expands warehouse
GLX Global Logistics Services has now taken over the completed extension of its warehouse in Grünheide, Brandenburg, Germany. Real estate developer Panattoni added 4,300 sqm of usable area, of which 4,188 sqm are warehousing space, to the existing 17,000 sqm facilities. The... more
Tapa Emea now self-sustainable
The Transported Asset Protection Association (Tapa) Emea bids farewell to its admin partner, LBA International Consultancy, after 13 years of service. Since LBA’s executive chairman Laurence Brown stepped down from his role as its executive director last December, Tapa Emea... more
Kerry Logistics in wonderland
In its interim results for the first six months of 2021, Hong Kong-based Kerry Logistics reports group revenues of HKD 36.7 billion (USD 4.71 billion), a surge of 68% compared to the HKD 21.9 billion in H1/2020 (USD 2.81 billion). Operating profit also grew significantly to HKD... more
India: major logistics player on the rise
In India, CEP giant Delhivery has acquired Bengaluru-based Spoton Logistics. It is said that the company is enlarging its footprint in order launch an initial public offering (IPO) in due course. Although financial terms were not disclosed, business estimates mention an... more
Better figures for ID Logistics
In its results for the first half of 2021, the French Group ID Logistics reports a 15% increase in revenues to EUR 893.1 million. Operating income surged 37.8% to EUR 27.7 million. Consolidated net profit thus amounted to EUR 14.8 million (H1/2020: EUR 6.5 million). The... more
Swiss Post wins with logistics
In H1/2021, Swiss Post generated a profit of CHF 247 million, CHF 217 million more than in the previous year. At CHF 3.6 billion, operating income was a good 7% higher than in H1/2020. The improved result is mainly due to rising parcel volumes, as the number of parcels delivered... more
Improvements for medical distribution specialist
Trans-of-flex showed a good performance in the first six months of this year. The group specialises in providing temperature-controlled express logistics for medicinal products, pharmaceuticals, cosmetics and consumer electronics in Germany and Austria. In H1/2021, the... more
Making it big in Kentucky
It is indeed a big addition to the network. Amazon's new hub in Northern Kentucky features a 244,000 sqm-sortation facility built on a campus that includes seven additional buildings, a new ramp for aircraft parking and a multi-storey vehicle parking structure. The company... more
Big purchase for Pilot Freight Services
Pilot Freight Services, a global logistics services provider which was founded in Philadelphia in 1971 and bought by Phillips in 1993, has acquired the American Linehaul Corporation (ALC), a non-asset based provider of expedited LTL (less than truckload) services in the United... more