Agility achieves targets 
Kuwait-based Agility reported Q1/2019 earnings of KWD 20.3 million (EUR 59.4 million), up 7.3% vis-a-vis Q1/2018. It was a 10.2% increase excluding IFRS-16 impact. Q1 revenue was KWD 378.8 million (EUR 1.1 billion), and ebitda was KWD 46.3 million (135.5 million), increases of... more
Prologis and L’Oréal open carbon-neutral hub
Prologis and L’Oréal have opened their new carbon-neutral logistics facility in Muggensturm, south of Karlsruhe (Germany). The real estate covers an area of more than 100,000 sqm and is therefore L’Oréal’s largest distribution hub worldwide. From this location, the cosmetics... more
Panalpina's AGM approves all board proposals
At the annual general meeting (AGM) of Panalpina World Transport, 62.24% of the share capital was represented. All proposals of the board of directors were approved by a clear majority, and Thomas E. Kern was elected as chairman of the board. The AGM approved the situation... more
Dachser USA launches automotive competence centre
Continuing its commitment to developing automotive sector logistics solutions, Dachser USA recently inaugurated the automotive competence centre in Atlanta, which provides dedicated customer service teams that are trained to address the complex logistics operations associated... more
PSA and SATS set up sea-air connectivity in Singapore
The port operator PSA International and the ground handling provider SATS have signed a memorandum of understanding (MoU) to provide cargo owners and logistics service providers with seamless connectivity for greater supply chain efficiency, and to boost Singapore’s status as a... more
Raben snaps up majority shareholding in Sittam
Netherlands-based Raben Group is increasing its stake in Sittam from 20% to 51% in July 2019. Through the share purchase the Dutch company will become the Italy-based forwarder general cargo transport provider’s majority shareholder. The Bertola family, Sittam’s majority... more
Open: Norway’s first low-carbon distribution terminal
DB Schenker has opened its new Oslo City hub, the first low-carbon city distribution centre in Oslo. The centrally-located terminal will reduce CO2 emissions of city goods distribution by 80%, through the use of electric cars and e-bikes. Jochen Thewes, CEO of DB Schenker:... more
Noatum Logistics expands its network in Spain
Noatum Logistics has opened its largest logistics facility in Spain. With an area of 10,000 sqm and 16 docks, it is located in Ribarroja (Valencia), specifically in the Valencia Logistics Park. With this new warehouse the company now has a storage capacity of 33,000 sqm. Noatum... more
Ceva Logistics signs deal with Lush in UK and Ireland
Ceva Logistics has been awarded a three-year deal to manage and deliver Lush products to its stores across the UK and Ireland. Under this agreement, Ceva will be in charge of moving the full range of items sold by Lush. Lush is an ethically responsible cosmetics producer selling... more
Hoyer to double its investments in 2019
The international logistics company Hoyer generated a turnover of EUR 1.167 billion in FY 2018, thus increasing its equity ratio to 44%. Earnings before taxes amounted to EUR 40.218 million. In 2018, the Hamburg (Germany)-based provider spent EUR 83.9 million on replacing... more