New project to be completed by 2022
Panattoni, a project developer for industrial and logistics real estate, plans to set up another business park based on its "city dock“ model in Essen, Germany. This is first city dock project to be built in North Rhine-Westphalia. It will be situated in a central... more
SSL and Allalouf join forces
Smart Solution Logistics (SSL), the logistics business branch of DP World, has taken advantage of the new relationship between UAE and Israel to start a cooperation with the shipping agency Allalouf Logistics, based in Tel Aviv. Through this collaboration, SSL is targeting... more
Indian furniture by FM Logistic
Pepperfry, a furniture and home products marketplace in India, has contracted French FM Logistic in order to provide omnichannel logistics and fulfilment services in the subcontinent’s western region. From Pepperfry Bhiwandi warehouse, 50 km northeast of Mumbai, FM Logistic... more
Phoenix acquisitions in Texas
US-American provider Phoenix Logistics has acquired Sam Dunn Express (SDX), a regional asset-based trucking company, along with the assets of Sam Dunn Enterprises, a warehousing, logistics, distribution and fulfilment firm in Longview TX. SDX will become part of Phoenix... more
Big PPP investment in Mumbai
DP World is investing in its logistics facilities in India - with local support. The Dubai-based player has started the construction of its Nhava Sheva Business Park (NSBP) Free Trade Zone (FTZ) in Mumbai. The RS 1,000 Cr (USD 1.37 billion) investment is part of the... more
Contract renewal for Unipart
Oxford-based Unipart Logistics has won a five-year contract extension with Pro Direct Sport in the USA, a major online specialist sports store. The British company Unipart Logistics, active in the United States since 1998, has been a provider of warehouse and distribution... more
Hellmann and Rhenus split up
Rhenus Freight Logistics and Hellmann Worldwide have ended their cooperation in the eastern part of Germany. After having acquired 50% of Rhenus' joint venture shares with retroactive effect from 1 January 2021, Hellmann has become the sole shareholder of the road and contract... more
Next unicorn raises its horn
The knights of open shirt sleeves and broism are making their way in Europe. The digital freight forwarder Sennder has completed its Series D financing round and receives an investment volume of USD 160 million. The funding round has now led the company's valuation to over... more
Rebranding and uniting
The France-based logistics services provider Geodis changes the name of its Geodis Industrial Projects division to Geodis Project Logistics. In addition to the group’s growing activity in the renewable energy market, as well as in the oil & gas industry, Geodis is... more
The flood of M&A continues
The Loxx logistics group, headquartered in Gelsenkirchen, home to the famous German football club Schalke 04, is to be taken over by Rhenus. Besides activities in the Rhine-Ruhr region, the company is also a supplier of international logistics services. In addition to the... more