South Korean cars for North Africa
Ceva Logistics recently concluded a transport of 4,000 cars between South Korea and Libya. The January 2021 charter of a ro-ro vessel follows on from a similar movement in December 2019, where an equivalent number of cars were also moved from Incheon Port in South Korea to... more
Pekaes now firm part of Geodis
After inking the respective contracts in late 2020, Geodis has now finalised its acquisition of Pekaes after obtaining regulatory approval. This transaction mainly consolidates Geodis’ network in Poland and Eastern Europe. Marie-Christine Lombard, chief executive officer of... more
A mixed bag for C.H. Robinson
C.H. Robinson Worldwide has reported its results of 2020. Revenues surged by 5.9% to USD 16.2 billion, driven primarily by higher pricing in ocean and air services and contributions from the takeover of Prime Distribution Services, acquired in March 2020. Meanwhile, the... more
UPS at full speed
Pandemic times are UPS times. In the course of 2020, the Atlanta-headquartered courier and express company's consolidated revenues increased by 14.2% to USD 84.6 billion. Operating profit amounted to USD 7.8 billion, while adjusted operating profit was USD 8.7 billion, up 7%... more
Redefinition of System Alliance Europe
The German network System Alliance Europe (SAE), established in 2005, is transforming from a civil law partnership into a registered cooperative under German law. The aim is to empower the existing partners and to attract new ones, since the alliance has lost major full... more
Logistics more digital
From autumn 2021 the service provider Albert Craiss will be the new logistics partner for the production needs in Austria of the German technology corporation Siemens. To this end Albert Craiss is having a logistics centre built in the eastern Austrian town of Weiz. more
Ceva opens central hub in Vietnam
Ceva Logistics, the logistics arm of CMA CGM, is again investing in South East Asia. A new warehouse located in Bien Hoa City, Dong Nai Province, in Vietnam, has become operative. Located in the north east of Ho Chi Minh City, this facility has a range of connections to the... more
Agility believes in Victoria
Kuwait-headquartered Agility will invest USD 35 million in Queen’s Gambit Growth Capital, a blank-check company that will target businesses offering sustainable solutions in a number of sectors, among them clean energy, healthcare, financial technology, industrials, mobility and... more
Ipsen's integration completed
As of 1 February, Gebrüder Weiss adds Poland and Malaysia to the countries where the company operates under its own brand: the country organisations and the 126 employees taken over from Ipsen Logistics in late 2020 are now fully merged with the logistics provider’s corporate... more
Combitras joins Gruber Logistics
Gruber Logistics - repre has acquired provider Combitras, thus adding two new branches to its network in central Italy. Combitras is a historically grown company with over 30 years of experience in part loads and integrated logistics and one of the major players in the region of... more