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
Redwood Logistics launches parcel service
Redwood Logistics, a full-service, strategically integrated logistics provider based in Chicago (USA), has launched a new service offering an integrated, cost-saving solution for parcel shipping. Redwood's parcel service implements a proven process that combines initial... more
Big Move branches into project logistics
Big Move, a heavy haulage network with offices in Germany, Austria, Slovenia, Poland, Belgium and the Netherlands, has founded a new branch named Big Move Projekt. As an interface, Big Move Projekt has access to all staff and technical resources of the parent company and its... more
K + N's Toronto branch obtains seafreight certification
Kuehne + Nagel’s branch in Toronto (Ontario, Canada), recently obtained a KN PharmaChain seafreight certification, the company’s 200th certificate worldwide. Kuehne + Nagel customers in Ontario can now benefit from certified capabilities along the entire supply chain.... more
Revitalising industrial real estate in Hanau
In a joint venture, Garbe Industrial Real Estate and Bremer Projektentwicklung have acquired a 35,000 sqm plot of real estate in Hanau (Germany). The dismantling and demolition of the existing facilities is expected to start in Q1/2019. After revitalisation, the partners... more
More capacity for small consignments
Vereinigte Verlagsauslieferung (VVA), which belongs to Arvato SCM, is expanding and upgrading its office in Gutersloh (Germany), where the company’s book logistics services are located. The new installations will increase the company’s capacity for the order picking of small... more
Lagardère selects GAC Dubai as contract logistics partner
Lagardère Travel Retail has appointed GAC Dubai’s contract logistics team to handle goods sold at duty free retail stores at airports in Saudi Arabia and the future Abu Dhabi midfield terminal complex. Under a multi-year agreement with effect from 1 March 2019, GAC Dubai... more
Positive financial outlook for Ceva
2018 has been a year of structural changes for Ceva. One highlight was the company’s successful initial public offering on the SIX Swiss stock exchange. A transformational refinancing followed, involving an overhaul of the pre-IPO structure, an extension of maturities and a... more
DHL and FIA World Endurance Championship renew contract
DHL Global Forwarding and the FIA World Endurance Championship (WEC) have extended their logistics partnership. "Our motorsport logistics team ensures that everything is in place for every race. For each overseas race of the WEC DHL carries more than 800 t of sea freight... more