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
Stress test for supply chains
With transport chains so long today (for example from China), flexible back-up systems are needed in the background, to deal with unforeseen interruptions. Josef Müller spoke to three Austrian logistics managers to find out how they manage their chains. more
Selected as vaccine distributor in Turkey
Like in other regions of the world, Phase 3 clinical trials of a further Covid-19 vaccine have recently started in Turkey. Transorient, an international freight management company based in Istanbul, has been chosen as the logistics partner from clearance to country-wide... more
Grab the airport
Digitalisation has many faces. Grab, the airport e-commerce platform, recently transacted its five millionth order. The order was placed in Dallas Fort Worth International Airport (DFW) using the American Airlines app. Grab provides contactless order and payment services in... more
Harder Logistics builds in Neu-Ulm
Project logistics specialist Harder Logistics has held the ground breaking ceremony for its new facility in the Riffelbank industrial park in Neu-Ulm (Germany). The company sealed the purchase of the plot a month ago. The investment totals around EUR 7 million, including... more
Canadian Post prepares for the storm
A recent survey commissioned by Canada Post showed that 48% of Canadian shoppers plan on spending mostly or exclusively online this coming holiday. As well, 54% were open to begin shopping earlier than usual. To be prepared, Canada Post will employ more than 4,000 temporary... more
Acquisition close to Paris
Wissous Froid, a company founded 20 years ago, has been sold. It is the parent company of Prest distribution and Prest logistique, two companies specialising in the transport, regional distribution and logistics of temperature-controlled agro-food products in the greater region... more
Making the point in Poing
On an existing Logicor site in Poing near Munich (Germany), a new logistics facility is being developed to serve as a central warehouse for the company Hummel Möbelverleih. In Pro Real, an owner-managed real estate consultant, paved the way for the deal for this 10,000 sqm... more
Newbuild at London Gateway underway
The building of the 147,000 sqm warehouse for DHL Supply Chain at DP World London Gateway has begun. In a joint enterprise, DHL will construct the facility at Plot 3040 on London Gateway’s Logistics Park. The main facility build is due to commence in early 2021. On... more