A good year for Wincanton
Wincanton, headquartered in British Chippenham, has published updated information on its recent business results. After a difficult H1/2020, the group returned to growth in Q3 of the financial year. Wincanton’s revenue rose by over 10% in Q3 compared to the prior year, with... more
Aramex optimises rating
Online platforms are at the forefront in these pandemic times. Open Pricer, a cloud-based pricing platform provider for parcels and road freight carriers, is entering into a strategic agreement with Aramex, whereby Open Price will provide the integrator with a digital pricing... more
Is air-sea the key for Djibouti's hub plans?
Djibouti has strong international backing on the issue of "making Djibouti a hub for air-sea logistics for the region." In a recent summit conference, the outlook of combining Djibouti's expertise in the port and Ethiopian Airlines’ experience in the air with Air... more
Big deal in North America
Canada-headquartered TFI International is buying UPS Freight, the less-than-truckload (LTL) and dedicated truckload (TL) divisions of United Parcel Service for USD 800 million on a cash-free, debt-free basis before working capital and other adjustments. Amongst others, TFI... more
More space for Iceland Foods
British frozen food retailer Iceland Foods' new contract with XPO Logistics raises the prior level of warehousing and distribution services. In a joint strategy, the freight forwarder will increase growth capacity for the British supermarket chain, with scalable initiatives... more
Chinese investment for Italian Post
Poste Italiane and Cloud Seven Holding recently inked an agreement to form an e-commerce partnership. The Italian group acquired 51% of the shares of Sengi Express, a company based in Hong Kong that specialises in providing logistics solutions for Chinese e-commerce companies... more
A new player in Portugal
Munich (Germany)-based forwarder Spedition Robert Kukla has just opened an office in Portugal. Robert Kukla Portugal is headquartered in Lisbon and headed by Paula Dias. The managing director’s main task will be to expand the company’s short sea services to Northwestern... more
Polish distribution on new grounds
Clothing manufacturer LPP is building a new warehouse in Brześć Kujawski (Poland). The new distribution hub’s logistics processes will be coordinated by the warehouse management system PSI wms provided by PSI Polska Sp. z o.o. The 75,000 sqm facility is scheduled to open in the... more
Investors returning
Big money counts. There’s no dearth of investment opportunities for holding companies in today’s global business climate. Established as well as newly-founded logistics enterprises are a part of the trend – as illustrated by two examples from the USA. more
Braskem moves to the coast
Braskem, a Brazilian producer of biopolymers, has transferred its storage facility for this type of bioplastics from Antwerp to Rotterdam, strengthening this location's central logistical role in the storage and transit of bioplastics in Europe. The São Paulo-headquartered... more