Growing in the Romanian market
As its latest project, Nosta Group recently opened a new hub in Bucharest, Romania, as part of its strategy to expand its air and sea freight capacities in this country’s growing market. Led by managing director Szilard Sarkozi, the Bucharest team will concentrate on serving... more
DHL lands new contract in Europe
Vitesco Technologies, a developer of drive systems, has chosen DHL as its lead logistics partner (LLP) in line with its strategy to improve the sustainability of its supply chains. Under the agreement, DHL will centrally manage logistics operations for Vitesco Technologies’... more
Not just fun and games
Toys R Us Asia has opened its new regional distribution hub in Shenzhen, China, in partnership with APL Logistics. The new site will support the toys manufacturer’s operations in Asia. Leveraging APL Logistics’ expertise in distribution and supply chain solutions, the company... more
Boosting cross-border business
Courtesy of Dachser, two new border connect services will give UK exporters access to major European groupage networks. The solution seeks to support UK businesses against the impact of post-Brexit conditions. With Connect40 and Connect42, exporters shipping on delivered... more
157 GDP certifications
157 of DB Schenker’s pharma stations have received a good distribution practice certification, strengthening its position in the medical goods market in America, Europe, and Asia. The company’s life+ portfolio now has the logistics capacity to cover 80% of global healthcare... more
Dachser boosts food logistics
With the acquisition of Brummer Logistik, Dachser is strengthening its presence in Austria’s food logistics market. The takeover includes the entire operating business of the Brummer Group, which was founded in 1977 and generated a turnover of EUR 128 million in 2023.... more
Yamaha's new supply chain partner
Yamaha Motor Corporation USA has chosen Shippeo as its strategic partner to improve its supply chain visibility in multiple modes. Shippeo provides real-time transportation visibility and will be supporting Yamaha in its ocean, rail, and road operations. The platform... more
An acquisition in 3PL
Sheer Logistics has acquired Cargo Barn, a third-party logistics provider (3PL). This takeover will enhance Sheer’s portfolio and network while complementing its core 4PL services. Now operating under the Sheer Logistics brand, Cargo Barn will work to bolster its customer... more
Waberer's: a positive 2023
Waberer’s International (Waberer’s) has announced its financial report for 2023, with improvements in revenue, profit, and strategy. The company increased its sales revenue by 4.6% to over EUR 710 million and saw major growth in its net profit, which rose by 53.6%. Ebit and... more
Broadening business in Belgium (and beyond)
The Belgian postal operator Bpostgroup is acquiring Staci, a multichannel logistics provider, to grow its footprint in Europe and expand its service portfolio. The group has agreed to purchase 100% of Staci’s shares, gaining a network of over 80 warehouses in Europe and the... more