Bright Industrial invests in Hamburg 
In Hamburg, yet more areas are being developed for the logistics industry. The real estate company Bright Industrial Investment has acquired the site of Rofin-Sinar Laser, a Coherent Group company, in Hamburg. Under the sale-and-lease-back contract, Coherent will remain on... more
Mullen Group acquires IWD 
The Canadian Mullen Group (MTL), a publicly traded corporation listed on the Toronto stock exchange, intends to acquire International Warehousing & Distribution (IWD). IWD is based in Mississauga, Ontario, and provides customs warehousing services, air import/export... more
More opportunities with e-commerce
The French logistics group Geodis and Accenture Interactive, part of Accenture (NYSE: ACN), have published a whitepaper on e-commerce. Amongst others, the study confirms that the pandemic fostered online sales and that many brands estimate that e-commerce in 2020 will represent... more
Larger hubs for fashion distribution
E-commerce makes it possible. Arvato Supply Chain Solutions is expanding its logistics hubs in Dortmund and Dorsten/Marl in Germany. The new warehouses are required primarily for existing customers from the fashion industry, whose goods volumes in the online trade have... more
Joint depot company founded in Port Klang
Yang Ming Marine has jointly set up a joint venture depot company named Jambatan Merah Formosa Depot at Port Klang, Malaysia, in cooperation with the Taiwan Foundation International and Malaysian investors. The opening ceremony was held on 1 October 2020. The new company... more
Xpediator swallows Nidd Transport
The Xpediator Group, formerly trading as “Delamode” and now a logistics services provider active across the UK and Europe, has acquired the UK-based international groupage freight forwarder Nidd Transport. GBP 4.6 million were invested in the transaction. Nidd focuses on... more
DSV extends Panalpina warehouse
Danish transport and logistics services provider DSV has added around 1,800 sqm to its storage capacities in Dresden, Germany. With the modern new warehouse, the former Panalpina location closes a gap in the region. Managing director Frank Sobotka, managing director finances... more
Vaccine readiness
Once a serum to help keep the outbreak of Covid-19 at bay has been developed, then its distribution will present the next major challenge. The need for the strict temperature control in the concomitant services could well put the brakes on rapid distribution. more
Trade between UAE and Israel has begun
As part of the recently signed peace agreement, trade between Israel and the United Arab Emirates (UAE) started on 15 September. The DHL network has also responded to these developments by connecting important hubs such as Tel Aviv and Dubai and has started to offer services... more
Supply Chain Valley in Venlo is born
A new hub for innovations in the supply chain is being created in Venlo in the Netherlands. Various companies, including online retailer vida XL and the companies Moonen Packaging, Seacon Logistics and Arvato Supply Chain Solutions, as well as the Brightlands Institute for... more