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
Big Three for GLP
GLP, a developer of logistics warehouses and distribution parks, announced today, 14 January 2021, that it is launching the construction of 300,000 sqm of warehouses across seven units and four sites in Bedfordshire, Northamptonshire and Milton Keynes in UK, following the grant... more
Doubling warehouse capacities in South Africa
DHL Global Forwarding is building a new warehouse costing ZAR 126.5 million (USD 8.3 million) in Johannesburg. The provider's new 13,000 sqm facility will be located within the bonded zone at Skyparks Business Estate close to O.R. Tambo International Airport. Twice the size... more
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