J. B. Hunt subsidiary scoops up Cory
J.B. Hunt Transport, a subsidiary of USA-based J.B. Hunt Transport Services, is to purchase Cory 1st Choice Home Delivery for USD 100 million. The deal will be funded with J.B. Hunt’s existing revolving credit facility. John Roberts, president and CEO of J.B. Hunt: “This is... more
KGH takes over Hermes & Richard
Switzerland was the next in line in KGH's European expansion strategy. Following KGH Customs Services' recent expansion into the UK, the company continued to strengthen its position in Europe by acquiring Hermes & Richard AG, a Swiss customs service provider serving its home... more
BMJ Logistics reacts to Russia’s new import rules
Russia is augmenting its labelling regulations for imported goods to protect markets from parallel and illegal imports. The new ruling, which applies to tobacco products, shoes, perfume, blouses, coats, jackets, bed linen, photo cameras, tyres, milk, beer, bathroom and kitchen... more
Averitt launches distribution and order fulfilment service
Averitt Express has expanded its supply chain portfolio with the addition of a distribution and fulfilment service that customers with end-to-end logistics, and inventory warehousing and management solutions. The company ushered in its new Averitt distribution and fulfilment... more
Raben operating new logistics centre near Schwerin
The German logistics company Raben started a new branch office to the south of Schwerin (Mecklenburg-Vorpommern) in December. The logistics centre, which offers 13,000 pallet slots, created 20 new jobs in the region. The design of the facility ensures that the storage and... more
Rhenus acquires Core Management Logistics in UK
Rhenus Warehousing Solutions Europe has acquired the British 3PL provider, Core Management Logistics (CML). The company, headquartered in Lutterworth, provides warehousing, pre-retail, freight forwarding and distribution services in the UK. CML has three warehouses with over... more
Share Logistics nets 25% of Asthon Cargo
The Spanish forwarder Asthon Cargo, operator of offices in Bilbao, Valencia, Barcelona, Algeciras and Vigo, is to sell 25% of its capital to Share Logistics, the logistics subsidiary of the Dutch financial group Count. This modus operandi will boost Asthon Cargo’s... more
Facility for hazardous materials
Imperial Logistics opened a new hazardous materials warehouse near Osnabrück (Germany) in December. The site, which features the latest safety and environmental protection systems, has created 70 new jobs. Imperial Logistics has been honing its expertise in chemical... more
Seko acquires Goodship
Seko Logistics is starting a ‘transformative year’ for its global supply chain solutions business in 2019 by making the first full acquisition of another independent freight forwarding specialist in its 42-year history. The takeover candidate is Goodship International, a Chicago... more
Fiege building on the Dutch border
Fiege is to build a new logistics facility on a 12.5 ha site in Emmerich am Rhein, located on Germany’s border region with the Netherlands. Some 64,000 sqm of logistics space will be constructed in two phases. The first three halls, covering a total of 32,000 sqm, will go... more