Agility reports a 61.3% decrease in net profit in H1
Agility reported first-half net profit of KWD 16.2 million (EUR 44.5 million), a decrease of 61.3% over the same period in 2019. Ebitda declined by 20.1% to KWD 75.8 million (EUR 208.6 million), and revenue declined 1.3% to KWD 765.1 million (EUR 2.105 billion). Tarek... more
Imbach Logistik builds in Lucerne
Imbach Logistik, a subsidiary of Galliker, a Swiss transport company, is building a new logistics facility in Lucerne (Switzerland). Already present in the area, Imbach now intends to significantly grow its footprint in Lucerne and is investing CHF 60 million in the project.... more
Samsung Mexicana orders Flexi fleet
Narrow Aisle has a contract to supply a fleet of its latest electric-powered Flexi Lithion articulated forklift trucks to Samsung Mexicana for operation in the company’s Tijuana plant, where semi-conductor devices and electronic components for the automotive and consumer sectors... more
3PL e-commerce business flourishes
According to Armstrong & Associates’ (A&A) newest report, e-commerce continues to be the most rapidly growing third-party logistics (3PL) segment. Retailers rely on Amazon and third-party logistics providers to help manage omnichannel and e-commerce operations.... more
Pall-Ex acquires Fortec
The Pall-Ex Group has acquired the Fortec Distribution network (FD) through a new subsidiary, the For-Ex Distribution Network. FD will continue to trade as Fortec Distribution and will operate as a separate pallet network in the UK, even once it becomes part of the Pall-Ex Group... more
CDCI selects Agility Logistics Park in Abidjan
CDCI (Compagnie de Distribution de la Côte d'Ivoire), one of the Ivory Coast’s major retailers, has leased warehouse space in the Agility Logistics Park (ALP) in Abidjan for its new warehousing and distribution centre. CDCI, which runs supermarkets in Ivory Coast, will use... more
Multi-user facility in Moosburg
Garbe Industrial Real Estate is pushing ahead with its activities in the greater Munich metropolitan region. The Hamburg-based project developer is creating a multi-user property for Union Investment covering 8,400 m2 of halls on a 16,700 m2 property in the town of Moosburg an... more
Transporting art in Austria
Dealing with art takes time – and money – for museums, galleries and art lovers. Now a new insurance policy is available in Austria for all parties involved to protect themselves against damages during the occasional transport of pieces of art. more
Securely packed, off to India
Cargo that needs special protection is provided with suitable packaging by the company Zaugg Emballeur. In spring it prepared a machine 8 m long for a demanding transport to India. Zaugg made sure that it took the customer’s requirements into account. more
Mortrans' successful arctic project
Mortrans has successfully carried out a transport from Murmansk Port to Yamburg Port (both in the Arctic area in northern Russia). The cargo was a pilot boat measuring 16.25 x 4.67 x 4.37 m and weighing 30 t. The boat was trucked over a distance of more than 5,000 km from... more