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
CBRE: Logistics in Catalonia resilient
According to an analysis run by real estate group CBRE in Spain, Catalan logistics remains robust thanks to contracting linked to e-commerce. Since January, the warehouse surface in Catalonia used for e-commerce has risen to 56,000 sqm, surpassing the 54,000 sqm in 2019 - an... more
More automotive in Argentina
Dachser's Argentine affiliate launched its dedicated automotive desk in October. This dedicated office will be housed in the company’s Mendoza sales facility which was opened in spring 2020 and is intended to offer special services for complex or time-critical global logistics... more
TT Club launches Brexit website
On the background of uncertainties, TT Club has launched a Brexit webpage resource in an attempt to bring clarity. The British group’s aim is to collate, in a single accessible location, a wide variety of available information. Through researched articles and the webpage’s... more