XPO poised for takeover 
The British authorities have cleared the path for the anticipated acquisition of Drinkflow by XPO Logistics, but have not yet published the full text of the decision. The CMA started its supervision in September this year. The Kuehne + Nagel Drinkflow Logistics Holdings is... more
AIT takes panther jump
The booming e-commerce trade continues to take its toll in the world of logistics. The American logistics company AIT Worldwide Logistics has acquired Panther Logistics, a British firm with experience in e-commerce residential transportation logistics. This takeover adds... more
ESR's strategy in Asia
ESR Cayman, a major logistics real estate platform focused on China, Japan, South Korea, Singapore, Australia and India, has published its five-year vision roadmap and targets around ESG (environmental, social and governance) performance. The group has set out a clear vision... more
Huge interest in advice on trade with UK
A Brexit webinar recently hosted by Europa Road showed the massive interest in expert advice at the end of the transition period before Brexit sets in. Europa Road, part of the logistics operator Europa Worldwide Group, reported that HMRC estimates there will be around 6.3... more
Cargo-Partner becomes cargowise
Austria-headquartered transport and info logistics provider cargo-partner is planning a worldwide introduction of the cloud-based logistics application Cargo Wise in its entire network across 40 countries. The software enables logistics services providers to carry out... more
Secured trade lane between Egypt and Italy
The first pilot project to ship containers from Italy to Egypt under the control of RFID eSeals has been completed. The fast & secure trade lane between the ports of Genoa and Alexandria is now a fact. The project, developed within the framework of the European project... more
Beacon goes Hong Kong
The British company Beacon is expanding into Asia. Besides doubling the size of its team, the digital freight forwarder has launched its first physical presence in Asia by opening a new office in Hong Kong. Since March, Beacon’s headcount has increased from 35 to 75, while... more
Tiffa and Kale for paperless
Tiffa EDI Services and Kale Logistics Solutions (Kale) have joined hands to promote paperless trade in maritime sector of Thailand through their integrated and comprehensive port community system (PCS). The integrated platform enables the SME players in the value chain to... more
More investors go digital
Loadsmart, a digital freight startup, has just informed about the results of its series C fundraising, its latest funding round. The USD 90 million round was led by the Black Rock fund, co-led by Chromo Capital, with participation from Perry Capital and Bramalea Partners,... more
For sipping Ricard in Thailand
French label Pernod Ricard has contracted CMA CGM's affiliate Ceva Logistics for five years to take over warehousing and distribution for the company in South East Asia. Pernod Ricard is one of the world’s major alcoholic beverages producers. Under this new contract, Ceva... more