Swap bodies for Hermes
Aves One, an investor in the long-life logistics asset sector, has acquired and ordered around 2,000 swap bodies worth approximately EUR 17 million. About 1,200 brand-new swap bodies were purchased, and most of them have been leased to the Hamburg-based logistics company... more
Eurodis nearly doubles annual growth rate
Eurodis, the transport network for parcels and pallets, increased the number of transported shipments by 9% in 2018. The growth rate is nearly double that of 2017. Christian Knoblich, managing director of Eurodis, said: "Firstly, with the 9% increase we grew above the... more
Goodman acquires prime industrial site in London
The Goodman Group, through Goodman UK Partnership (GUKP), has acquired a 9.5 acre site in Park Royal, London. Situated in London’s largest industrial area, the strategic employment site is 8 km from Central London and just over 22 km from Heathrow Airport, providing... more
New centre for humanitarian logistics in Dubai
DHL Global Forwarding has consolidated its portfolio of humanitarian logistics services within its first global competence centre for humanitarian logistics. The move is designed to meet growing global demand for such services. The centre offers non-governmental... more
Uncalm before the storm
The logistics industry in the United Kingdom is gearing up its loins for what it now considers the inevitable – a hard Brexit. The business mood is fluctuating between a stiff upper lip and the fear of a total traffic logjam in the Southeast of England. more
Van Moer acquires Antwerp East terminal
The Belgian company Van Moer Logistics has taken over the majority share of the Antwerp East NV terminal, which is located in a strategically favourable position directly on the Albert canal and in the centre of the fast growing industrial zone of Grobbendonk (Belgium). The... more
Iata certification for Rhenus Amsterdam
Rhenus Air & Ocean has obtained the centre of excellence for independent validators in pharmaceutical logistics (CEIV Pharma) certification from Iata for its Amsterdam Schiphol branch in the Netherlands. In 2018, Rhenus started to review its procedures for the handling... more
Dnata raises stake in two freight forwarders
Air services provider Dnata has bolstered its position in the UAE and the international freight forwarding industry by increasing its share in two of its Dubai-based JV companies. Dnata has purchased a 50% stake in Dubai Express, Freightworks and a 25.5% stake in Bolloré... more
Europa Capital acquires Dutch logistics asset
The real estate investment company Europa Capital has purchased a logistics warehouse in Oss (Netherlands) from a private seller for EUR 28.3 million. The 51,502 sqm property is fully leased to XPO Logistics and located in the southeast of the country close to major German and... more
Revenue over USD 5 billion for YRC Worldwide
The Kansas (USA)-based logistics provider YRC Worldwide reported consolidated operating revenue of USD 5.092 billion for full-year 2018, while consolidated operating income amounted to USD 147.2 million, which included a USD 20.8 million net gain on property disposals. ... more