Netherlands weather things well
Even though goods transport has only been affected indirectly by the pandemic, it nevertheless had to battle many demand problems and correspondingly lower volumes. The sector’s situation in the Netherlands, a classic transport and logistics country, was a bit different,... more
Freja partners with SDK
It is one of the major conglomerates since Queen Margret founded the Kalmar union. Pending approval by the relevant competition authorities, the Danish group SDK will become a 75% shareholder in a newly merged company with Danish Freja. The remaining 25% ownership will be held... more
To Russia with love
Austrian logistics group Gebrüder Weiss (GW) launches a new weekly scheduled service between Vienna and Moscow, effective immediately. It is the company's second regular direct connection to the Russian capital in order to expand its groupage freight services to Russia. The... more
Europa Showfreight's new contract
The event logistics division "Europa Showfreight" of British freight forwarder Europa Worldwide has contracted a substantial piece of new business, despite the ongoing challenges the exhibition industry is facing. Europa Showfreight has been appointed by Prysm Group, a... more
UPS performs as expected
For Q3/2020, Atlanta (GA)-based UPS reported revenues of USD 21.2 billion, a 15.9% increase compared to Q3/2019. For the first nine months of 2020, consolidated average daily volume increased by 13.5% in comparison to the same period in 2019. Net income amounted to USD 2.0... more
Shopify Canada in the black with record Q3
The wave of e-commerce has also advanced the business of Shopify, a proprietary e-commerce platform for online stores and retail point-of-sale systems. In Q3/2020, the Ottawa-based company, which keeps its books in USD currency, posted revenues of USD 767.4 million, a... more
Amazon in Switzerland
In the second half of 2022, Amazon Web Services (AWS), a subsidiary of Amazon.com, plans to open a new infrastructure region based in Zurich (Switzerland) with three availability zones across the country, in addition to the already existing European regions in France, Germany,... more
C. H. Robinson tackling the times
C. H. Robinson has published its figures for Q3/2020 and the months from January till September 2020 - and they are on the positive side. In Q3/2020, the 3PL's revenues increased by 9.6% to USD 4.2 billion compared to the same period in 2019, due to higher prices in some fields... more
Sri Lankan logistics and Singapore technology
The Sri Lankan logistics group John Keells Logistics (JKLL) will leverage Infor Warehouse Management Systems (WMS) and Infor Birst to digitise its logistics value chain. JKLL is a subsidiary of John Keells Holdings, Sri Lanka's largest listed conglomerate group, and a... more
Logista remains robust
In its financial year 2020, the international wholesale company Logista recorded an adjusted operating profit of EUR 257 million, a slight decrease of 1.9% compared to 2019. Sales registered a slight increase of 0.7%, standing at EUR 1.2 billion due to the improvements... more