The beat goes on for DHL
Deutsche Post DHL Group remains a winner in recent trends and developments. Confirming its preliminary figures announced for 2020 in January, the Germany-headquartered group was able to raise its revenues by 5.5% year-on-year to EUR 66.8 billion and witnessed a substantial... more
Qatar sports logistics find 3PL
Losail Circuit Sports Club (LCSC), which hosts international motorsport events such as the Grand Prix of Qatar and Grand Prix of Doha, has contracted GAC Qatar as its third party logistics (3PL) partner. Planning and preparation for the 2021 races, due to take place at the... more
Changiju for Eurasian investments
Bejing-located Changjiu Logistics, an automotive logistics service provider, has bought 30% of the shares of the Polish company Adampol. The purchase price was EUR 18.3 million. Adampol, founded in 1990, is a 70% affiliate of Hyundai Glovis, a logistics unit of the South... more
Groundbreaking on East Coast
Philaport, the port of Philadelphia, is investing some USD 42 million in a new 18,800 sqm near-dock logistics centre. It will be run by Holt Logistics and is intended for storing and distributing a large variety of food commodities. The new warehouse is located around 1.5 km... more
Gregory Distribution swallows Pollock
England-based Gregory Distribution is taking over the Scottish company Pollock (Scotrans), including its affiliate Pollock Express. Headquartered in Bathgate, West Lothian, Pollock looks back on more than 80 years of operation. It is a well-known in Scotland and, like Gregory, a... more
The audacity of hope
The intercontinental distribution of vaccines has only just started. The goal of the Hope Consortium from Abu Dhabi is to play a key role therein between the Middle East, South Asia and Africa. The ITJ’s Christian Doepgen discussed Hellmann’s relationship with the Hope... more
Logwin remains stable
The Logwin Group reported almost unchanged revenues of EUR 1.12 billion for 2020. (2019: EUR 1.13 billion). At EUR 47.8 million, ebita moves sidewards compared to the previous year's figures (2019: EUR 47.6 million) as does the EUR 34.7 million net result for the same period... more
Airbus' new supply contract
Ceva Logistics has just won an Airbus production supply contract in Hamburg. The company is already managing spare parts and components for the aerospace client in Northern Germany. The new portfolio involves mainly the production supply for structural assembly of A320... more
Teneso wins white knight
The Karlsruhe-based German transport logistics company Teneso has won Rhenus High Tech as a shareholder for Germany. Founded in 2008, Teneso now has representatives in ten European countries, providing services in 25 European countries. It has also been offering digital... more
Further expansion in China
Just like other players, Seko Logistics also wants to expand its footprint in China, with its new investment partner, Ridgemont Equity Partners, backing the plans. Thus Seko opened an office in Qingdao in February, which will be followed later this year by the expansion of its... more