Neovia acquisition in Austria
The US company Neovia Logistics, a Caterpillar affiliate for logistics services, is planning to acquire Temmel Logistik Center (TLC), an Austrian provider of automotive manufacturing inbound logistics services. The transaction is expected to be closed early in 2021, once the... more
A new centre for Hoyer
A new 38,000 sqm logistics centre in the Dormagen Chempark (Germany) is one of the biggest and most complex greenfield projects that Hoyer has ever been involved in. It took around two years to build and started operations in stages in mid-2020.Now around 20 employees working in... more
XPO's big reshuffle
The board of directors of XPO Logistics unanimously approved its plans for a radical restructuring. The strategy includes a spin-off of 100% of its logistics segment as a separate publicly traded company. The group intends to structure the spin-off as a transaction that is... more
Europeans buy out South African courier
DSV Panalpina is acquiring Globeflight Worldwide Express, a South African based courier company. The takeover includes all Globeflight’s operations in South Africa and Swaziland. The small express parcel courier sector is the core aspect of the transaction. Keith Pienaar,... more
100 candles for Simon Hegele
2020 will certainly be remembered as a special year in the history of the Simon Hegele company, which is headquartered in Karlsruhe in Germany and which celebrated its 100th anniversary this year. "After all, we managed to implement our initially planned goals with... more
No piece work for full loads
The Italian logistics software provider Nova Systems has added a new element to its services. It recently launched ‘FTL’, a full truck-load option in its BeOne suite, an integrated solution for forwarders, logisticians and customs operators. ‘FTL’ is modular and scalable,... more
Barloworld feeling Covid-19
The South African company Barloworld has reported on its last financial year ending on 30 November 2020. The company's revenue of ZAR 49.7 billion (EUR 2.7 billion), down 17% in comparison to the previous year, while the operating margin was also down from 6.6% to 4.1%. In... more
Digitalising the timber supply chain
Timber Ex-change is the new marketplace launched by the timber trade company Centersource. It is designed as a digital toolset for forwarders, sawmills and importers. The digital platform provides users with a common marketplace to streamline every step of the timber supply... more
To the women at Geodis
Currently, women make up 40% of the workforce of the logistics company Geodis. The group just held its annual “Geodis Women’s Network” (GWN) summit. “Our goal is to increase the number of women in managerial positions,” said Mario Ceccon, executive vice president human... more
Magellan and Circle join forces
Magellan, a Portuguese consultancy that provides advocacy services towards the European Institutions and runs offices in Porto and Brussels, and Circle, an Italian company specialising in automation and digitalisation solutions for port sectors and intermodal logistics sectors... more