Sing Post: more e-commerce, higher cost 
In its fiscal mid-year ending 30 September 2020 Singapore Post Limited increased its revenues by 9.6% to SGD 708 million (USD 525 million). Besides growth in the post & parcel and logistics segments, the strong rise of e-commerce volume across the group paved the way to this... more
Unilever banks on Logista Pharma
In Spain, the new pharmacy division of Unilever - U-Labs - runs the distribution of its products via Logista Pharma. The mass consumer group Unilever, owner of brands such as Dove Rexona or Signal, has decided that U-labs will begin operating in pharmacies through two oral... more
VTL takes next step
The general cargo cooperation VTL Vernetzte-Transport-Logistik has been advancing its future project "VTL Next" since April 2020. VTL managing director Johanna Birkhan highlights the successful introduction of an online transport cost calculator, which is designed for... more
MVG to open DG facility in Haiphong
The Vietnamese company MVG Dinh Vu (MVG), of which MOL holds 67.5% of the shares, has set up a joint venture in cooperation with local partners to open a new chemical and dangerous goods (DG) warehouse. The facility, built to comply with the local fire code, will offer a... more
Breaking ground after two years of preparation
After the preparations to lay the foundation stone for Zufalls logistics centre in Flieden near Fulda, Germany, had developed into an unexpectedly long tug of war lasting almost two years, construction work on the around 80,000 sqm site has finally begun in earnest and is... more
Bolloré creates task force for vaccines
As preparation for the arrival of 15 billion doses of vaccines against Covid-19, Bolloré Logistics has founded a “task force” to design logistics solutions allowing to distribute these vaccines once they are placed on the market. The controlled-temperature transport of... more
Agility's business in recovery
Kuwait-headquartered logistics provider Agility has reported its figures for January to September 2020. During these nine months, revenues moved sideways, by 0.7% less to KWD 1.2 billion (3.93 USD), but net profit shrank by 50.4% to KWD 31.5 million (USD 103.1 million) compared... more
Dramatic rebound for XPO Logistics?
USA-based XPO Logistics has reported its financial results for the third quarter 2020. Chairman and CEO Brad Jacobs: “Our business rebounded dramatically in the third quarter. Revenue, adjusted ebitda, adjusted EPS and free cash flow were all decisively higher than... more
20 years of cooperation in Poland - and beyond
The company Teksid Iron in Poland and Ceva Logistics, an affiliate of the CMA CGM Group, have been collaborating for 20 years. This year, 2020, they companies decided to extend their working relationship for another twelve months. Teksid is a major player in the production... more
Brownfield project in Czechia
Germany-based Garbe Industrial Real Estate has launched its first project in Czechia. The logistics site developer acquired a brownfield site in Chomutov, where it plans to develop a 32,000 sqm industrial project. The 65,000 sqm site is located just a few kilometres from the... more