Rhenus opens new warehouse in India
Rhenus Logistics has opened a new warehouse at Gurugram, near the Delhi NCR region in North India. The 32,500 sqm facility will enable the company to provide more scalable storage options and solutions, strengthening its integrated logistics services and solutions offerings for... more
DSV Solutions expands logistics hub
DSV Solutions is expanding its logistics centre in Lahr (Baden-Wuerttemberg, Germany). The company plans to add 24,000 sqm more storage space by the end of November, whereby the first 12,000 sqm of the expansion should be already completed by October. By doubling its storage... more
Logifarma joins Bomi Group
Bomi Group, a provider of integrated logistics serving the healthcare sector, announces the acquisition of Logifarma, a long-standing Italian company specialising in pharmaceutical logistics. Logifarma was born in 1997 in Pomezia. To date, the company is one of Italy's... more
Doubling up in Dammam
Saudi Global Ports (SGP), a subsidiary of Singapore’s PSA International, and Mawani, the Saudi Ports Authority, have agreed to build and operate two container terminals at the King Abdul Aziz Port in Dammam. Saudi Customs’ measures also support the move. more
Two traditions merging in Basel
An acquisition in Switzerland: The Basel-headquartered Nauta, a freight forwarding and logistics company founded in 1947, has acquired the company Bonatrans, founded in 1977. Marino Ballo, managing director and owner of Bonatrans, will stay on board in supporting the... more
Hyperloop project Zeleros raises EUR 7 million
Zeleros Hyperloop has completed a financing round worth more than EUR 7 million. The company starts a new and important phase in the development of its version of hyperloop, the “fifth mode of transport” and an alternative for the future to provide efficient and sustainable... more
New facility for automotive logistics
After almost a year of construction, Garbe Industrial Real Estate has completed an automotive logistics centre in Flechtorf to the south of Wolfsburg in Lower Saxony (Germany) for engineering services provider Bertrandt. The property with a 30,000 sqm hall area was officially... more
DFDS partners with Global & Local Enterprises
DFDS Logistics in Ghent (Belgium) has decided to outsource its repair and maintenance workshop to Global & Local Enterprises, which manages a chain of workshops with well-trained mechanics and supervisors. This company will now handle the repairing and maintenance of DFDS’... more
Nippon Express acquires MD Logistics
Following an equity purchase agreement concluded with MD Logistics and MD Express, a logistics group operating in the USA, Nippon Express acquired the entire equity interests of MD Logistics through its subsidiary Nippon Express USA on 22 May 2020. MD Logistics is... more
Beacon closes USD 15 million fundraising round
London (UK)-based Beacon, a next generation freight forwarding and supply chain finance company, has raised over USD 15 million in its series A fundraising round, with investors including Jeff Bezos, the founder and CEO of Amazon, and the American venture capital firm 8VC.... more