Amazon's five new sites 
Amazon is currently erecting five new facilities in the Detroit metropolitan area. The main site will occupy 252,000 sqm and is expected to be launched in the course of 2021. This hub will be the fourth fulfilment centre in Michigan, using manual work and Amazon robotics to... more
Perfect storm pushes DHL's results
With its preliminary group results for 2020, logistics group Deutsche Post DHL Group has confirmed that Covid-19 was an important driver for business last year. At EUR 4.84 billion, consolidated ebit surpassed the result originally forecast by more than 9%. The growth of... more
Geodis takes next step in USA
Geodis also sees great potential in the e-commerce trade. With its new digital platform, the France-headquartered company aims to enable US retailers to deliver goods such as fashion items, health and personal care products and other merchandise directly to consumers. The... more
Coffee service powered by TST
In Germany, TST has been selected as the new logistics services provider for the Tchibo Coffee Service. Headquartered in Worms, the company operates 75 storage and logistics locations across Europe and the USA. TST will manage the new service from its site in Trebbin in the... more
Bison moves to new pastures
At the turn of the year, 30-year old Bison Transport, one of Canada’s major logistics and trucking companies, was taken over by James Richardson & Sons, an agricultural and industrial conglomerate also from Canada. Bison’s affiliates H.O. Wolding, Searcy Trucking and Britton... more
BLG wins contract for fashion logistics
In Germany, Bremen-based BLG Logistics will be in charge of multinational fashion logistics for its client Halluber, a provider of outer garments, shoes and accessories headquartered in Munich. The logistics provider and the fashion company have concluded a long-term contract to... more
Warehouse deal closed in Madrid
The onset of winter has not prevented Prologis from completing its acquisition agreement with Spanish real estate company Colonial comprising 18 logistics facilities totalling 473,000 sqm in Madrid, Barcelona, Seville and Guadalajara. As part of the three-phased agreement,... more
New main investor for Seko Logistics
Greenbriar Equity Group, a New York-based private equity firm with investments in the global logistics industry and Seko Logistics' key shareholder since 2015, has sold part of its shares, but will continue as a minority investor. Seko, a US-American global freight forwarder... more
USD 100 million for Project44
Project44, a startup founded in 2014 that specialises in supply chain visibility for shippers and logistics companies, has secured a further USD 100 million investment funds in a Series D financing round. The new funding raised by Insight Partners will be used to expand the... more
GLP investing in Venlo
GLP has acquired a 44,000 sqm logistics asset in Venlo (Netherlands), situated close to the German border. The fully-leased facility is located in ‘Trade Port Nord’, within easy distance of the three ports of Rotterdam, Antwerp and Amsterdam. The company said that this... more