High hurdles for force majeure 
A new start at a traditional old venue. The Swiss Shippers’ Forum in Interlaken was designed mainly for shippers and freight forwarders, as well as for other interested parties. Speakers and panel discussions addressing force majeure met with great interest, as legal... more
KKR-Led consortium sells BLK Pyeongtaek Logistics Center 
The investment firm KKR announced that Korean real estate asset manager Pebblestone Asset Management will acquire BLK Pyeongtaek Logistics Center from a KKR-led consortium. The hub is a newly developed multi-tenant modern logistics facility located in Pyeongtaek port, one of the... more
DHL must lower prices
On 1 January 2020, DHL raised the package prices for private customers by an average 3%. The company had informed the German federal network agency about the planned price increases already in autumn 2019 and had demonstrated their compliance with postal law regulations. The... more
UPS invests in electric delivery vehicles
UPS reports that its venture capital arm, UPS Ventures, has completed a minority investment in Arrival, which makes electric vehicle (EV) platforms and purpose-built vehicles that offer a highly competitive value proposition when compared to both traditional internal combustion... more
Panattoni to build another facility for Haase
Panattoni is setting up another logistics centre for Haase Hausgerätelogistik in Garbsen (Germany). The real estate developer will construct the build-to-suit property on a 30,702 sqm plot. The project comprises 15,000 sqm of logistics area, 700 sqm of office and social areas... more
More space for trucks in Saudi Arabia
Logipoint, a major logistics zones developer in Saudi Arabia, has completed phase one of the Logistics Park Modon 1 project. Phase 1 comprises 350 truck parking spaces designed to bring Modon much needed respite from congestion and pollution by taking the parked and waiting... more
Elemica takes over Eyefreight
Elemica has announced the acquisition of Eyefreight. By taking over the provider of multimodal SaaS transport management systems (TMS), the cloud-based digital supply network increases its range of capabilities: the combination of the two companies enables Elemica’s customers to... more
99.9% accuracy in the warehouse
Automotive supplier Minth has been working with cargo-partner since 2013. Now cargo-partner has begun to provide logistics services to support the company in the production of more than 88,000 cars per year, handling about 120 stock keeping units. In cargo-partner‘s... more
Supply chain software for fashion designer
Garment and fashion specialist Jump Design Group has implemented the supply chain management software Osca to make its delivery flows transparent. Among other features, the cloud-based system developed by the Bochum (Germany)-based company Setlog controls all processes relevant... more
Corona virus may trap containers in ports
“The recent position of the Chinese government and provinces to extend the Chinese New Year and impose new restrictions on the movement of people in China has a significant downstream effect on the movement of goods, which raises issues for international freight forwarders... more