TPT partners with TCS in South Africa 
Tata Consultancy Services (TCS), a global IT services, consulting and business solutions organisation, has partnered with Transnet Port Terminals (TPT) in South Africa, part of Transnet SOC, a state-owned freight transport and handling company, to help the latter develop an... more
HB Commercial sets up remanufacturing facility
HB Commercial, the vehicle service, parts, rentals and sales group, has opened a new remanufactured caliper and brake-shoe profiling facility at its parts supply centre in Bury St Edmunds. With its head office based in Ipswich, plus fully equipped workshops and support hubs... more
Ceva Logistics implements Cargo Wise technology
Ceva Logistics, part of the CMA CGM Group, has commenced the rollout of Cargo Wise, the integrated logistics execution platform. With this strategic investment, Ceva Logistics will simplify and standardise all 4PL operational processes across its global network. Cargo Wise... more
FSN Capital invests in MHP
Scandinavian private equity company FSN Capital is to take over a majority holding in the MHP Solution Group, a provider of logistics software in the DACH region, from Elvaston Capital. The agreement provides for FSN Capital to acquire 77% of the shares in the company, with... more
DB Schenker offers stability package
DB Schenker has approved a stability package for customers of its competitor Damco. Intended for affected companies, the package includes an offer to take over short-term service agreements of up to two months’ contract period for the same conditions as agreed with Damco.... more
St Francis Group sells logistics space
St Francis Group announces the sale of 52,000 sqm of logistics space to Tristan Capital Partners. A Tristan Capital Partners fund has bought a GBP 68 million UK logistics portfolio from the Richardson family, which comprises Cransley Park, Kettering and Velocity 42, Redditch... more
Fedex Logistics opens FTZ facility in El Paso
Fedex Logistics has launched another foreign trade zone (FTZ) location in El Paso, Texas, USA, the latest site to be opened by the company in addition to existing locations in Los Angeles, New York, Dallas and Chicago. These facilities enable importers and exporters shipping... more
Zufall and konfid.io launch "Zukonft"
Medium-sized family business Zufall logistics group has partnered with the Berlin-based company konfid.io, software experts for blockchain technology, to found the joint venture “Zukonft”, as part its strategy to position itself for future and long-term competitiveness. A... more
Simacan and Transfollow form partnership
Simacan, the cloud platform for transport and logistics, a Transfollow, an eCMR platform that links up the digital systems of shippers, carriers and customers, plan to deepen their cooperation and connect their logistics platforms for transport execution. Both companies... more
Kuehne + Nagel distributes dividends
At Kuehne + Nagel's extraordinary general meeting, shareholders overwhelmingly voted for the new allocation of the available net profit for the business year 2019 which was approved by the company's ordinary general meeting of 5 May 2020. Hence, as of 8 September 2020, an... more