An acquisition in 3PL 
Sheer Logistics has acquired Cargo Barn, a third-party logistics provider (3PL). This takeover will enhance Sheer’s portfolio and network while complementing its core 4PL services. Now operating under the Sheer Logistics brand, Cargo Barn will work to bolster its customer... more
Waberer's: a positive 2023
Waberer’s International (Waberer’s) has announced its financial report for 2023, with improvements in revenue, profit, and strategy. The company increased its sales revenue by 4.6% to over EUR 710 million and saw major growth in its net profit, which rose by 53.6%. Ebit and... more
Broadening business in Belgium (and beyond)
The Belgian postal operator Bpostgroup is acquiring Staci, a multichannel logistics provider, to grow its footprint in Europe and expand its service portfolio. The group has agreed to purchase 100% of Staci’s shares, gaining a network of over 80 warehouses in Europe and the... more
Stord takes over fulfilment provider
Stord is expanding its portfolio and complementing its supply chain expertise with the acquisition of Propack Logistics, a fulfilment service provider. Stord will now operate 148,645 sqm of fulfilment centres in ten markets, shipping over 25 million DTC and B2B orders... more
A fourth pharma hub in Ohio
Cardinal Health has started construction on its new 32,000 sqm pharmaceutical distribution centre in Colombus, Ohio (USA) in order to expand its capacities for the distribution of over-the-counter medications and treatments. An advanced inventory management system and... more
Welcome to the Schengen area? 
Bulgarian and Romanian hauliers complain of competitive disadvantages due to blockade. 13 years after the European Commission certified that Bulgaria and Romania meet the criteria to join the Schengen Agreement the two Balkan states will finally become a part of the Schengen... more
Aussies announce another acquisition in Europe
Four years after aquiring the Swiss logistics IT provider Sisa, Wisetech Global, a Sydney-based developer of the logistics execution software "Cargowise", has announced it has entered into an agreement to acquire Aktiv Data, a provider of electronic customs and freight... more
A multimodal hub in Singapore
Geodis is focusing on the Southeast Asian market with the opening of a new container freight station (CFS) in Singapore. The site will provide sea, air, and road transport in the region. The company has selected the Keppel Distripark free trade zone as its ideal location for... more
Collaborating in e-commerce logistics
Looking to combine logistics with e-commerce expertise, APC Postal Logistics has formed a partnership with Shipium, an online shipping platform. The companies are working together to create a fast and reliable solution for logistics operations. Shipium’s customer base in the... more
Up next: Cambodia
The end-to-end logistics provider Seko Logistics launched its new business in Cambodia on 6 March 2024, integrating its local operations with Bansard International under the new name of Seko Cambodia. Based in Phnom Penh, a team of seven employees from various backgrounds in... more