Americold's expansion pays off 
For 2020, Atlanta-headquartered Americold reported revenues of USD 1.99 billion, an uptick of 11.4% in comparison to 2019. The company invested both in the extension of its network and in acquisitions, pouring USD 2.6 billion into new units and adding 62 facilities to its global... more
Mode marries Avenger Logistics
3 PL Mode Transportation, a Dallas-headquartered company, has purchased Avenger Logistics, a Chattanooga, Tennessee-based freight brokerage firm offering OTR and LTL services in North America. The financial terms of the takeover were not disclosed. The investment bankers at... more
Logistics real estate drives growth
British Glencar Construction, founded in 2016 to serve primarily the industrial, logistics, distribution manufacturing, life science and pharmaceutical sectors, has been recognised by the Financial Times as one of Europe’s fastest growing companies. The company, which is... more
ESR joins HSCI
ESR Cayman, an APAC focused logistics real estate platform, has been selected as a constituent for the Hang Seng Composite Index (HSCI), effective 15 March 2021. The ESR platform operates in the People’s Republic of China, Japan, South Korea, Singapore, Australia and India.... more
C3 for Bremen
Logistics services provider BLG Logistics is planning to set up a new hub for industrial logistics in Bremen's freight traffic centre. Starting probably in mid-2022, the provider will centralise the distribution of spare parts and machinery for an automobile manufacturer's... more
Fortec rebrand saves money
Fortec Distribution Network has rolled out a rebranding following its integration into the Pall-Ex Group. The Northamptonshire-based pallet network has undergone an image overhaul as part of its 25th anniversary, which it is now taking to the road in UK. The new look... more
Pilferers report for 2020
The annual cargo theft report 2020, compiled by TT Club and BSI, shows that theft of cargo in transit is still the most frequent crime, although uts 71% share of the total is below the 2019 level (87%). Losses from warehouses and other storage facilities increased to 25%.... more
Gruber Logistics invests in LNG
Vehicle manufacturer Iveco and Gruber Logistics from South Tyrol have signed an agreement for the delivery of 100 trucks powered by liquefied natural gas (LNG). With the Iveco S-Way LNG trucks, which will be supplied by Gasser in Bolzano, the freight forwarder will convert part... more
Logistikcluster Basel's new strategy
The Logistikcluster Region Basel – an initiative of the Basel chamber of commerce – has secured funding for the next three years. With a new strategy until 2023 and a new sponsor on board, the cluster aims to further strengthen Basel’s logistics hub with a main focus on... more
Cora contracts logistics partner
Cora, a European-wide retail group of hypermarkets of Belgian origin located in France, has chosen Kuehne+Nagel as its logistics partner in Belgium and Luxembourg. The linchpin of the partnership is a dedicated 30,000 sqm distribution centre in Heppignies, a village close to... more