Where UK traffic is growing
In January 2020, Munich-based logistics services provider Group 7 generated a significant 40% increase in turnover in its truck transports between Germany and UK compared to the previous year. Since its foundation in 2006, the company’s portfolio has included general cargo, as... more
Woodland joins iPort
A new fulfilment and distribution facility has come on stream in Doncaster, Yorkshire, UK. Woodland Group, a British logistics company with offices across the USA, Ireland, Asia and Europe, has opened the warehouse due to new business won in the packaging industry. The group... more
Chinese companies plan big takeover
SF (Shun Feng) Holding, which is listed on the Shenzen stock exchange, is offering to buy a 51.5% stake in Kerry Logistics Network, Hong Kong. The cash offer involves more than 931 million shares costing HKD 18.80 (USD 0.56) per share. In conjunction with the offer, Kerry... more
DSV benefits from 2020
If a company is pushing a share buyback programme, its war chest is full. That is the case of the Danish DSV, which has reported its annual results for 2020. Revenues for the full year amounted to almost DKK 116 billion (EUR 15.46 billion), a significant rise of 18.3%... more
Data converter for customs handling
There is a growing need among companies for solutions to integrate existing excel or CSV data into customs applications in order to better visualise customs processes and avoid double entries. In response to this market demand, the Hamburg-based software company Dakosy has... more
Index dampens hopes of fast comeback
According to the recent Agility Emerging Markets Logistics Index, 51.5% out of 1,200 industry professionals surveyed don’t expect a full economic and logistics recovery until 2022 to 2024. They see Latin America and Sub-Saharan Africa as the last regions to bounce back. It... more
AJW operative in Malpensa
In December 2020, the British AJW Group opened a new 11,000 sqm warehouse in Milan to mainly support Easyjet’s EU operations, having become recently a supply chain solution provider of the airline. The new facility located adjacent to Malpensa airport, Milan, holds inventory... more
Shipper Wilo's new contract
Wilo, a manufacturer of pumps and pump systems for building services, water management and industry founded in 1872, contracted Hellmann Worldwide Logistics to manage its Dortmund-based company’s global movement of goods. In this respect, the logistics provider will operate... more
A good year for Echo Global
Chicago-headquartered Echo Global Logistics has reported its financial results for 2020. In total, revenues surged by 14.9% to USD 2.5 billion in comparison to the prior year, as gross profit increased 1.6% to USD 374.1 million from 2019. TL revenue went up by 22.3% to USD... more
Seko distributing Life
For the sales region of North America, the shipper Vivo Life has partnered with Seko Logistics for the distribution of health and fitness supplements. The shipper from Glastonbury, UK, started its business range in the US market in time for its first Green Friday marketing... more