Redspher boost sales to EUR 300 million 
The logistics group Redspher, which is owned by the on-demand transport provider Flash Europe International, generated a turnover of around EUR 300 million in 2018, thereby achieving the sales target it planned for 2020. The group of companies (then known as Flash) registered a... more
Rhenus acquires Cesped in Italy
Rhenus Logistics has purchased 100% of the equity share capital of Italy-based Cesped and its related companies. Guido Restelli, MD of Rhenus Logistics in Italy and future member of Cesped’s management board, remarked: “This move offers great potential for further developments... more
Bergé and Gefco create JV
Bergé and Gefco have closed a joint venture deal to create a major finished-vehicle logistics provider in Spain. The JV - Bergé Gefco - will offer more than 3 million sqm of space for storing up to 120,000 vehicles, along with a fleet of 700 trucks, 100 railcar wagons and 40'000... more
GAC to set up shop in Khalifa industrial zone
The integrated shipping, logistics and marine services provider GAC is opening a warehouse and open yard in the Khalifa Industrial Zone Abu Dhabi (Kizad), the Middle East’s largest industrial zone and a subsidiary of Abu Dhabi Ports. The new GAC Abu Dhabi facility, expected... more
K + N nets Zalando contract
The fashion retailer Zalando has contracted Kuehne + Nagel (K + N) to provide and manage an inbound distribution centre in Halle an der Saale (Germany). The 35,000 sqm facility will go into operation in autumn this year. As many as 100 million articles per year will be... more