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
Kerry, Deloitte, and Cargo Smart increase use of blockchain
Kerry Logistics, Deloitte, and Cargo Smart have connected multiple distributed ledger technology (DLT) networks for a platform to enhance efficiency for worldwide shipping industry by digitising document exchange between forwarders and carriers, as well as improving the... more
C.H. Robinson increased revenues to USD 16.6 billion
C.H. Robinson Worldwide reported financial results for the quarter and fiscal year ending 31 December 2018. Total revenues increased 11.8% to USD 16.6 billion, driven by growth across all transportation service lines. Income from operations totalled USD 912.1 million, up 17.7%... more
Gefco to be listed on Paris branch of Euronext exchange 
The French logistician is planning to open up to new shareholders. Majority stakeholder RŽD could reduce its share to less than 50%. Gefco also recently fortified its position in its French domestic market by extending a contract with Würth. more
Honold and Premium Aerotec working together
Honold Logistik and the aviation supplier Premium Aerotec have opened a new materials management centre in Augsburg (Germany). The platform is both a digitally controlled material warehouse and a hub for all deliveries to/from the four Premium Aerotec parts factories in... more
Strong Q4 rounds off a strong year
UPS has tabled its Q4 and full-year earnings for 2018. Total 2018 revenue increased by 7.9% to USD 71.9 billion on shipment growth; the revenue-yield expansion of 4.3% surpassed the 2017 yield by 200 basis points. The company opened 14 major facilities in the USA in... more