USD 500 million for logistics facilities in China
ESR, a large APAC focused logistics real estate platform, has entered into a strategic partnership with Singapore’s sovereign wealth fund GIC to establish a joint venture with a total equity commitment of USD 500 million. The joint venture, which marks ESR’s latest launch in... more
Vos Logistics completes takeover of SNEL
The takeover of SNEL Shared Logistics by European Logistics Service Provider Vos Logistics has been completed. As a result of this acquisition Vos Logistics has one of the largest distribution networks in the Benelux with 65,000 sqm of storage and cross-dock facilities in the... more
Logistics offensive in France
French logistics companies have joined forces to found the joint platform "France Logistique" with the objective to regain their country’s place among the top ten of logistics markets worldwide. Former secretary of state Anne-Marie Idrac has been chosen to chair the... more
DHL Supply Chain signs contract with Nestlé
Nestlé has appointed DHL Supply Chain to manage warehousing operations for its food products in Myanmar, which include household brands such as Coffee mate, Milo and Nescafé. Total operations for Nestlé products span 4,000 sqm, accounting for more than 60% of the total cargo... more
DSV and Panalpina under one brand in Germany
After having completed the merger on the global level, the Danish transport and logistics services provider DSV has now officially taken over Panalpina’s business in Germany. DSV is represented with three divisions in this country, which are divided into the following business... more
Seko Logistics acquires Air-City
Seko Logistics has completed its largest-ever acquisition with the purchase of the New York-based freight forwarder and cross-border ecommerce experts Air-City. Similar to the purchase of Good Ship International, which added depth and expertise to Seko’s corporate gateway... more
ESR announces new lease with Amazon
ESR, an APAC focused logistics real estate platform, has signed a lease agreement for 72,392 sqm with Amazon at its human-centric development project in Kuki City, Saitama (Tokyo Metropolitan area), Japan. The ESR Kuki distribution centre is a four-storey logistics facility that... more
Record year for GO Express & Logistics
More than EUR 330 million in revenue, more than 7.5 shipments: GO Express & Logistics continues its upward trend. At the same time, the express and courier services provider is planning more investments to prepare the company for an additional increase in shipments in 2020.... more
Wisetech Global acquires Swiss company Sisa
Global logistics solutions group, Wise Tech Global, has acquired Sisa Studio Informatica SA (Sisa), a customs and freight forwarding solutions provider in Switzerland. Headquartered in Lugano, Sisa is a major player in the Swiss market for providing customs and logistics... more
Beverage logistics: Hillebrand takes over Royal
Hillebrand, a global provider in the forwarding, transport and logistics of beverages and other products that require special care, has acquired the entire business of the warehouse and transportation beverage-only provider Royal Logistics and Royal Service Transport (Royal).... more