DHL in the land of plenty 
Deutsche Post DHL Group (DPW) has reported its preliminary results for Q2/2021 and raised its outlook for the current financial year and for 2023. Operating profit (ebit) more than doubled in the second quarter compared to the previous year and amounted to almost EUR 2.01... more
Geodis expands US footprint
Freight forwarding group Geodis has acquired Velocity Freight Transport, a freight brokerage company based in Plano, Texas. The seller is the McLane Company, a subsidiary of Berkshire Hathaway. The details of the transaction, effective 30 June 2021, were not disclosed. Mike... more
Pact for a North Asian route
Ceva Logistics, the Marseille-based logistics branch of CMA CGM, has inked an intercontinental cooperation agreement with the Wuxi Sunan Shuofang International Airport Group and its affiliated logistics company. The new weekly route starts in Seoul (South Korea) and goes to... more
Wind project finished in Portugal
The Laso Transportes Group has finished all transports for its Alto da Croa wind farm project. After twelve months of work, the contractor Greenalia has completed the construction of the Alto da Croa (Vimianzo), Monte Tourado (Vimianzo) and Croa II (Vimianzo and Dumbría) wind... more
Enhanced technology for Redwood
Chicago-based 3PL provider Redwood Logistics (Redwood) is currently integrating the recently-launched Rating API with Oracle Fusion Cloud Transportation Management (OTM). The new integration will provide OTM users with immediate rates and full tender acceptance, the company said... more
Electrolux contracts in France
Electrolux Logistics has contracted XPO Logistics to manage its logistics operations in France. The manufacturer is outsourcing its distribution to its trade customers in this country, after previously managing these channels in-house from its distribution centre in... more
Distribution site for Dräger
After eleven months of construction, Fiege has now completed the new hub for its healthcare division in Zülpich, Germany. Among other purposes, Fiege will use the 54,000 sqm logistics centre to handle logistics operations for Dräger, a specialist in medical and safety... more
Another acquisition for DP World
It is the next coup in the logistics sector: DP World is purchasing all the shares of Syncreon for an enterprise value of USD 1.2 billion. Syncreon is a US global logistics provider that was formed in 2007 when Dublin-headquartered Walsh Western International bought TDS... more
More Ikea for Wincanton
Ikea has extended its contract with Wincanton in UK to operate its customer distribution centres (CDCs) in Medway, Kent and Harlow, Essex, for five and two years respectively. In addition, Wincanton will continue to provide logistics services for Ikea’s customers in Greater... more
65th birthday
The German-Dutch family-owned company de Beijer Groep is celebrating its 65th anniversary this year. De Beijer specialises production, trade and logistics of raw materials. Founded by Wil de Beijer Senior in Arnheim (the Netherlands) in 1956, the company acquired sand and... more