Biggest acquisition for K+N so far 
Swiss transport and logistics group Kuehne + Nagel (K+N) is acquiring the Chinese air freight company Apex, which has around 1,600 employees and handles 750,000 t of air freight and 190,000 t of sea freight per year. According to Kuehne + Nagel, this transaction is the... more
More service for time-critical spare parts
The Militzer & Münch group has introduced a new time-critical spare parts supply service at its location at Hamburg airport. The service is used particularly in cases of an “aircraft on ground” alarm (AOG). Militzer & Münch recently extended this offer to other... more
Walker links continental Europe
Berkshire (UK)-based Walker Logistics has entered into an agreement with Amsterdam-headquartered third party logistics services provider RIF Europe. The deal will allow Walker to offer its clients the opportunity to hold stock and fulfil orders bound for mainland Europe from... more
Crossing the Alps on LNG
The enormous boom in online trade, partly due to corona restrictions, has generated a growing demand for general cargo transports with smaller consignments and less weight than traditional complete loads. In response, Fercam has expanded its Europe-wide network of general... more
Free capacities in Jadeweserport
In Q1/2021, the Jadeweserport Wilhelmshaven can offer what has become a rare commodity in many ports of Europe's northern range, namely available transhipment and cargo handling capacities. With full terminals in the western ports and therefore restrictions in the intake and... more
500 daily transports going digital
Steel manufacturer Thyssen Krupp Europe, founded as a group in 1998, intends to expand its cooperation with the logistics platform Tramsporeon. The company will join the Transporeon network and assign more than 500 steel transports daily via the platform. The cooperation,... more
Fastrate Group widens its scope
Canadian Fastrate Group acquires ASL Distribution Services Limited (ASL), a 3PL provider that has been active in Eastern Canada for more than 60 years. The Fastrate Group, which was founded more than 50 years ago, started out as an LTL road haulier and intermodal carrier and... more
40 candles for Nova Systems
Just at the start of the digital revolution, Nova Systems was created in 1981 by Valerio Avesani, currently CEO, and at that time head of EDP at the Italian transport company Albarelli, in cooperation with other partners. Three years later, Nova Systems became a business... more
Ryder on the run
For Ryder, which has been listed on the NYSE since 1960 and specialises in the vehicle sales, commercial rental and automotive supply chain business, the year 2020 was no success. Revenues shrank by 5.7% to USD 8.4 billion, falling over all four quarters. Nevertheless, operating... more
Volumes to persist, says NRF
Ben Hackett, founder of Hackett Associates and in cooperation with the US National Retail Federation (NRF), recently pointed out that US retailers' sales and thus their imports to replenish inventories are set to continue booming throughout H1/2021. US retailers are... more