La Poste and Geo Post's golden year
For 2020, La Poste reported revenues of EUR 31.2 billion, a rise of 20.0%, boosted by the e-commerce boom during the pandemic. Operating profit jumped by more than 250% to EUR 3.1 billion from EUR 889 in 2019, the operating margin was 10.1%. The parcel business witnessed a... more
Customs clearance with 3T Logistics
Transport management technology specialist 3T Logistics and Technology Group has launched a new customs clearance service for UK’s exporters and importers. The fourth-party logistics (4PL) provider aims at minimising border customs delays using centralised information through... more
Solar power for Night Star Express
Night Star Express, an association of six medium-sized logistics service providers founded in 1993, is reducing its carbon footprint by introducing solar energy on its building in 's-Heerenberg, the Netherlands. To this end, 676 solar panels were installed by the Kremer company... more
The last mile is the key
It’s not just CEP providers that are happily surfing the e-commerce wave. Classic forwarders also bank on this growing market, seeking to score in selected growing fields – as is the case with XPO Logistics after a difficult year. more
Americold's expansion pays off
For 2020, Atlanta-headquartered Americold reported revenues of USD 1.99 billion, an uptick of 11.4% in comparison to 2019. The company invested both in the extension of its network and in acquisitions, pouring USD 2.6 billion into new units and adding 62 facilities to its global... more
Mode marries Avenger Logistics
3 PL Mode Transportation, a Dallas-headquartered company, has purchased Avenger Logistics, a Chattanooga, Tennessee-based freight brokerage firm offering OTR and LTL services in North America. The financial terms of the takeover were not disclosed. The investment bankers at... more
Logistics real estate drives growth
British Glencar Construction, founded in 2016 to serve primarily the industrial, logistics, distribution manufacturing, life science and pharmaceutical sectors, has been recognised by the Financial Times as one of Europe’s fastest growing companies. The company, which is... more
ESR joins HSCI
ESR Cayman, an APAC focused logistics real estate platform, has been selected as a constituent for the Hang Seng Composite Index (HSCI), effective 15 March 2021. The ESR platform operates in the People’s Republic of China, Japan, South Korea, Singapore, Australia and India.... more
C3 for Bremen
Logistics services provider BLG Logistics is planning to set up a new hub for industrial logistics in Bremen's freight traffic centre. Starting probably in mid-2022, the provider will centralise the distribution of spare parts and machinery for an automobile manufacturer's... more
Fortec rebrand saves money
Fortec Distribution Network has rolled out a rebranding following its integration into the Pall-Ex Group. The Northamptonshire-based pallet network has undergone an image overhaul as part of its 25th anniversary, which it is now taking to the road in UK. The new look... more