Volatile transport volumes in Europe
The uncertainties regarding the development of the corona crisis led to a rapid increase in freight offers on the transport market. "Many companies submitted their orders in advance to be prepared for the expected border closures and other restrictions caused by the... more
Outdoor enthusiasts scale the peaks with Panattoni
Right on schedule, on 31 March 2020, Panattoni handed over the extension of the logistics centre at the location Standort Rottenburg-Ergenzingen, south of Stuttgart (Germany), to the online retailer and outdoor specialist Bergfreunde. Because of the corona crisis, the transfer... more
Schäflein initiates courier service
Because most shops in their city are closed, three companies in Schweinfurt (Bavaria, Germany) have launched a courier service. Logistics services provider Schäflein delivers goods weighing up to 500 kg on the same day. On the website www.schaeflein-city.de retailers place... more
UPS delivers Quiagen coronavirus testing kits worldwide
UPS is working with Qiagen, a global provider of molecular diagnostics and sample preparation technologies, to deliver nucleic acid extraction kits critical to Covid-19 testing, as well as the company's novel Qiastat-Dx Coronavirus testing cartridges to destinations around the... more
Rhenus acquires freight forwarding business in Düsseldorf
Effective 1 June 2020, Rhenus Freight will take over the freight forwarding operations of L.W. Cretschmar at this company's headquarters in Düsseldorf, Germany. The takeover involves customer and business relations for this segment and the staff employed in the freight... more
Realterm closes EUR 100 million European logistics fund
Realterm has announced the successful closing of Realterm Europe Logistics Fund (Relf) at its hard cap of EUR 100 million to invest in the high flow-through (HFT) logistics real estate sector in Europe. Relf is the ninth fund raised across the Realterm platform and the firm’s... more
Kimera Labs opts for Csafe Global parcel solutions
Csafe Global, a provider in temperature-controlled container solutions, will begin delivering its passive parcel shipping containers to Kimera Labs this month, allowing the company to ship their products anywhere in the world to further ongoing medical research. Kimera Labs... more
Kuehne + Nagel plans no dividends for the moment
Kuehne + Nagel's ordinary annual general meeting for this year will take place as scheduled in Schindellegi (Canton Schwyz, Switzerland) on Tuesday, 2 May 2020. Pursuant to the guidelines issued by the Swiss federal council on the measures to combat the coronavirus... more
Cargoclix installs Slot within 24 hours
The spread of the Covid-19 pandemic is throwing supply chains into confusion. Truck drivers in the food industry often report long waiting times at ramps for the loading and unloading of their cargo. The Freiburg (Germany)-based on-line market platform Cargoclix has now set... more
Portfolio changes hands
E-commerce is growing rapidly and could be worth EUR 500 billion soon. Logistics firms such as U-Freight are adapting their business to the development, and also have to invest in infrastructure. This is becoming increasingly important for financial investors. more