A solid year for DSV
Despite softening demand and a general decline in global trade, DSV can look back on a satisfactory 2023, with the company’s results in line with expectations after its strong performance in 2022. Geopolitical tensions resulted in a 33.1% drop in ebit in DSV’s air & sea... more
Turning back the clock
Four years after Britain’s departure from the EU, Europa Road is returning to pre-Brexit delivery times. Europa Worldwide Group’s road freight division has a facility located close to the Dartford Thames Crossing, around 32 km from the centre of London. The groupage hub... more
In the heart of Stuttgart
CTP is purchasing a hub in the centre of Stuttgart, thus adding 39,000 sqm to its portfolio. The logistics real estate developer has agreed to a sale and lease back transaction with Mahle Behr, which is currently using it as a research and development site. It features 30,000... more
AED 621 million for Abu Dhabi hubs
Khalifa Economic Zones Abu Dhabi (Kezad Group) is investing AED 621 million (EUR 157 million) in several new developments in the United Arab Emirates, which will boost its warehousing capacity by 43%. Its building project in the Khalifa Industrial Area will cover 97,500 sqm of... more
100 robots, one warehouse
More than 100 autonomous mobile robots have been put into operation at DB Schenker’s new contract logistics hub in Rudna, Czechia. The highly automated facility features robotisation, seven packing lines with 162 stations, a vertical order picker and an automated sorter.... more
Toll: two footholds in Poland
Toll Global Forwarding has opened two new branches in Poznan and Krakow in Poland. Based in Australia, the logistics provider has a workforce of 16,000 and operates in 150 countries. The expansion will improve its access to markets in Eastern Europe and the Baltics. Toll... more
Improving ETAs, minimising delays
Bluebox Systems’ new product aims to improve real-time ETA information and arrival time calculations, benefitting both shippers and transport companies. The challenges during the Covid-19 pandemic and recent tensions have shown the vulnerability of supply chains, making accurate... more
Two moves for Ebenezer in Singapore
Ebenezer Logistics took over the Singapore-based Havi Logistics, a specialist for the transport and storage of temperature-sensitive goods, on 29 December 2023, thus adding multiple assets in the cold chain sector to its portfolio. The deal includes 2,787 sqm of cold storage... more
AIT picks a Dutch spare part
Chicago-headquartered AIT Worldwide Logistics has acquired Global Transport Solutions Group (GTS). The financial terms of the deal were not disclosed. The international freight forwarder specialises in time-critical marine spare parts logistics and is based in the Netherlands.... more
Taking the cold chain down South
CJ Logistics America is opening a new cold storage warehouse in Gainesville, Georgia. The 25,084 sqm building is being developed by RL Cold and will feature Alta’s expert refrigeration systems and QFM blast freezing. Products can be brought to desired temperatures within 24... more