Combining forces on roads in Asia Pacific
Kuehne + Nagel has entered into an agreement to acquire City Zone Express. Established in 2006 and headquartered in Malaysia, the company has over 500 employees and operates 260 vehicles and 80,000 sqm of warehousing space in Malaysia, Singapore, Vietnam, Thailand, and China.... more
Investing in future logistics tech
Infinite PL is expanding its capabilities in the logistics technology market by taking a major stake in the UK-based tech company GN TEQ Limited. With this investment, Infinite PL seeks to grow its e-commerce and digital portfolios. Born out of a joint venture based in Saudi... more
Freight's out, and away we go!
DHL and Formula 1 are extending their 20-year logistics partnership in a new multi-year deal to create more sustainable solutions for the sport and achieve their net zero goal for 2030. The two companies have seen many changes in the sport since the beginning of their... more
A Kiwi cold chain hub
Maersk has opened a new cold chain site at the Ruakura Superhub, its biggest infrastructure investment in New Zealand to date. Valued at NZD 140—150 million and built for multimodal activities, the 18,000 sqm cold chain facility will connect Maersk to key points for freight... more
Codognotto conquers Dubai
The Codognotto Group, one of Italy’s largest providers of road haulage, intermodal, integrated logistics and sea/airfreight services, has added a Dubai branch to its network of 41 companies worldwide. Situated in the heart of the UAE megacity, the new office will serve as a... more
Röhlig: financial success in 2023
The 2023 financial year was a strong one for Röhlig Logistics and its ventures. Despite macroeconomic challenges, the logistics company achieved an ebit of ca. EUR 20 million. Successfully completed at the end of the year, the Blue Star programme contributed to the provider’s... more
Aramex gets a tech update
Responding to a steadily increasing demand for efficient and high-quality supply chains, Aramex tasked the IT company Business Code with developing a new data analysis platform to tackle future hurdles. Aramex, a logistics provider based in the Middle East, is looking to... more
Handing over a Hesse hub
Four Parx, a German logistics real estate developer, has announced a new tenant for its industrial park in Hesse. Located in the heart of the Rhine-Main-region, the site, which comprises three buildings with a total area of 7,100 sqm, will be leased to a public corporation and... more
A double acquisition in Italy
European logistics provider Walden Group has acquired two companies in Italy, thus expanding its service portfolio in the healthcare and pharma sectors. Unitex, which specialises in pharmaceuticals and medical goods, will be integrated into Walden’s subsidiary, Eurotranspharma.... more
A brownfield near Stuttgart
Panattoni has completed a 25,700 sqm BTS logistics centre in the region of Ostalb, Southern Germany, for Spedition Brucker, a local logistics specialist. Panattoni Germany developed the property on a brownfield measuring around 47,000 sqm. Previously, the site belonged to a... more