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
Trek voor!
Sub-Saharan Africa’s most productive nation has registered some increasing security risks of late. TT Club and BSI have analysed the situation and made some recommendations. more
From Rotterdam to Vienna
The C.RO Ports- and RSC/Bertschi terminals in the port of Rotterdam will be pleased to hear that their hinterland connection to Vienna has been substantially improved. The existing Hupac container shuttle has been expanded by an additional service and now runs three times a... more
Ship Track has a new owner
The Descartes Systems Group, a Canadian multinational technology company specialising in logistics software, supply chain management software and cloud-based services for logistics companies, has acquired Ship Track, a leading provider of ecommerce final-mile solutions. The... more
WMS for Chinese Genzon Cold Chain
In China, Genzon Cold Chain and Shenzhen Woer Heat-Shrinkable Material have adopted the warehouse management systems (WMS) developed by Infor. Genzon Cold Chain, a service provider for high-tech industrial solutions, is leveraging the WMS to overhaul its cold chain logistics... more
Siemens outsourcing in Czechia
The Electrical Products business unit at Siemens Smart Infrastructure in Bor, Czechia, will deepen its collaboration with the German service provider Hellmann Worldwide Logistics. Their cooperation in contract logistics dates from 2013. Starting in November, Hellmann will... more
Ready for World Shopping Day
In Spain, Ali Express, an affiliate of Alibaba, is reshaping its delivery network. The company has established three warehouses near Madrid, where it has a stock of thousands of different products sent by sellers in Asia, which can be delivered to Spanish customers within three... more