Paycargo launches new free communication service 
Paycargo has set up a new free communication mechanism via its online payment platform that allows vendors such as airlines, ship terminals, and maritime operators to share key information with the 20,000-plus payer users in the company’s online system. The service, which... more
Craiss increases capacities
The German transport company Albert Craiss is taking precautions to counteract supply bottlenecks that may be caused by the corona crisis: besides extra trips to help deliver supplies to a retail chain in Baden-Wuerttemberg, the logistics services provider has substantially... more
Wabco and ZF expect to close merger in Q2
Wabco and the global technology company ZF Friedrichshafen (ZF) report that they have received all approvals from regulatory authorities required to close their previously announced merger, with the exception of the Chinese state administration for market regulation (SAMR).... more
Two new logistics halls
Garbe Industrial Real Estate plans the construction of two new logistics halls on its logistics site in Werne (North Rhine-Westphalia, Germany). An older, outdated logistics facility is currently being demolished for this purpose. Garbe plans the construction of two new... more
Mountpark develops new facilities in North England
Mountpark Logistics it is funding a speculative development of 68,300 sqm at Omega South in Warrington between Liverpool and Manchester (UK). The facilities will be built by Omega Warrington Limited. Located at the gateway site to Omega South, the new development represents... more
ESR grows in its core markets
ESR, an APAC focused logistics real estate platform, has announced its results for the financial year 2019. The group recorded revenue of USD 357.4 million in FY 2019, up 40.6% from USD 254.1 million in FY 2018. Net profit was USD 245.2 million, representing 20.8% growth from... more
Pandemic hits Austrian logistics companies hard
The Austrian Zentralverband Spedition & Logistik (central association for forwarding & logistics) calls on the Austrian government to take measures to maintain European supply chains. One of the main demands is the installation of a system of information between the... more
Geodis expands air and rail capacities
Geodis is responding to the capacity bottlenecks caused by Covid-19 with a comprehensive expansion of its existing services. For instance, the company will provide new charter flights between Europe, Asia, USA and Latin America as well as alternative transport options per rail.... more
Yusen acquires additional shares of AB Logistics
Yusen Logistics Thailand announces will acquire additional shares of AB Logistics of the Ajinomoto Group and make it a subsidiary on 1 April. Accordingly, the company name will also be changed from ABLT to Yusen Food Supply Chain (Thailand). Yusen Logistics Thailand will... more
Timocom: quick response in difficult circumstances
In this time of crisis, Timocom is expanding the means of access to its logistics system. “We want to contribute to ensuring the supply of the population and the maintenance of supply chains even under the current exceptional conditions,” says Timocom’s managing director Tim... more