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
Five o’clock at Walker’s
The Real Tea Company is outsourcing its logistics. The English firm, which has specialised in purchasing and distributing tea since 2004, has outsourced responsibility for the management of its B2B and new B2C supply chains to Berkshire-based Walker Logistics.As online sales to... more
Loxxess ready for more hazmat logistics
The logistics and fulfilment service provider Loxxess is expanding its capacities in the field of hazardous materials logistics. The firm, based in Tegernsee in Bavaria (Germany), has thus responded to the reorganisation of production processes for key goods in the pandemic,... more