Waberer's shares sold
Hungarian trucking company Waberer’s International reported that Mid Europa Partners (“Mid Europa”) – the majority shareholder – agreed to sell 24% of the issued share capital in Waberer’s to Trevelin Holding, a member of the Indotek group. Based in Hungary, the Indotek group... more
Parcel-driven growth at Post NL
On the basis of its business development, the Netherlands-based Post NL foresees an improved full year performance in 2020. Since Q3/2020 was strong (concrete figures will be published by 2 November), just as the first midyear, Post NL now expects its full-year 2020 normalised... more
Investment in e-commerce logistics
Poland’s largest e-commerce delivery solutions provider, R2G Polska, which operates under the Apaczka brand, is the target of investment plans of Mavason, a subsidiary of the Abris CEE Mid-Market III LP fund. The fund 21 Concordia and its founders will purchase the majority... more
Good figures in Croatia
In Croatia, Gebrüder Weiss (GW) has crowned a so far strong business year with the opening of a new logistics terminal. The company was able to increase its shipment volumes in land-based traffic in the first half of 2020 by an impressive 15% compared to the previous year.... more
Innova Capital sells Pekaes
It is one of the players whose trucks you often see on European roads - and certainly a key player for transport in and around Poland. Now, Pekaes, an LTL and FTL network, has been acquired by the French group Geodis in an agreement with Innova Capital. Founded in 1958,... more
Fedex: ambitious plans in the Philippines
The US-American company Fedex is investing around USD 30 million into its new main facility in the Philippines in Clark. Clark is a redevelopment of a former US airbase located in the Pampanga province, in the Central Luzon region of the Philippines, lying on the northern shore... more
Three-year-contract with Brazil's "Toys R us"
Ceva Logistics, the logistics arm of CMA CGM, has inked a three-year contract to provide warehousing, logistics and e-commerce services to the Ri-Happy Group, Brazil’s largest toy retailer. The logistics company will support all of Ri-Happy Group’s omni-channel capabilities... more
More warehouse space for Dachser Mexico
The Mexican subsidiary of global logistics provider Dachser is expanding its bonded warehouse facility located in Parque el Marqués at Querétaro, a manufacturing hub in Central Mexico. The industries on the spot include automotive assembly, auto parts, aerospace and household... more
Belgian Separation Group taken over
German logistics services provider Greiwing Logistics acquired the Separation company, which is headquartered in Eynatten, Belgium, effective 1 October 2020. The company specialises in optoelectronic separation processes for plastic granulates and has been established in the... more
Fresh risk assessment for South Africa
British international freight transport insurer TT Club and BSI, a business improvement company, have jointly published a report entitled ‘Freight Crime in South African Supply Chains’. South Africa ranks among the top countries in the world, and first on the African continent,... more