Forward Air acquires FSA Logistix 
Forward Air Corporation is to acquire nearly all of the assets of FSA Logistix, a privately held final mile provider. The deal will cost some USD 27 million plus an additional contingent consideration based upon future revenue generation. FSA specializes in last mile... more
U-Freight launches e+
As the global e-commerce market develops apace, a significant increase in the number of small business start-ups is being seen. They often have limited resources and are looking for cost effective behind-the-scenes assistance with order fulfilment, plus associated logistics and... more
Double-digit growth for Rhenus in Switzerland
In 2018 Rhenus Alpina, the Swiss arm of the Rhenus Group, saw its revenues rise by around 10% to CHF 346 million (2017: CHF 314 million). As a whole the market environment remained demanding throughout the year, but despite all adversity Rhenus was able to maintain or improve... more
Dematic automates warehouse for IVF Hartmann
Dematic is automating the warehouse of IVF Hartmann, a provider of medical consumables located in Neuhausen am Rheinfall (Switzerland). The intralogistics specialist is equipping IVF Hartmann’s new 400 sqm building with a fully automated tray storage solution and a... more
Picavi expanding in USA
The German company Picavi wants to serve North American markets in a more efficient manner. Given this aim, the provider of pick-by-vision solutions for picking activities in intralogistics has founded a subsidiary named Picavi US Inc. The new entity’s managing director... more
Panattoni building for Dachser
Panattoni Europe is constructing an around 7,000 sqm building containing a hall, offices and staff rooms for the service provider Dachser. The new facility is a mere 4 km away from Dachser’s existing Maas-Rhine logistics centre in Alsdorf, near Aachen (Germany). The new... more
Boosting capacity in Hong Kong
Arvato SCM Solutions has opened a new distribution centre in Hong Kong on behalf of an international company in the high-tech sector. The facility, offering 9,300 sqm of storage space and around 420 sqm of offices complements the client’s existing distribution network that... more
Rhenus acquires Rodair Group
This month (March 2019), the Rhenus Group acquired the Toronto (Canada)-based customised logistics solutions specialist Rodair that was founded in 1996. The latter company's core business activities encompass international freight forwarding, project logistics, courier,... more
Ekol's founder buys back shares
Ahmet Musul, the founder and majority owner of the Turkish company Ekol Lojistik, has purchased 37% of Ekol shares that had been held by Rigond Finance, a subsidiary of the Abu Dhabi-based Invest AD and the Japan-based SBI, since 2010. Turkey’s competition authority has... more
Greiwing inaugurates new hub
After a successful trial period, logistics services provider Greiwing has officially inaugurated its new subsidiary in Burghausen (Bavaria, Germany). The facility took around 16 month to build and cost EUR 35 million. “By opening our new subsidiary we have again strengthened... more