PS Logistics acquires flatbed division 
Blair Logistics, a subsidiary of USA-based PS Logistics, has acquired the flatbed division of ELS, one of the country’s largest 53-foot flatbed carriers. Now operating 500 power units and 1,250 over-length trailers, ELS was founded in 2009 and is headquartered in Kenly,... more
Daily UK services 
Europa Worldwide finds a new partner in Switzerland. Brexit started affecting the exchange of goods between the UK and Switzerland at the beginning of 2021. Now an initially slow upswing is visibly intensifying. This is where a new partnership between Europa Worldwide and... more
A new logistics provider for Egypt
The German EMS-Fehn-Group has established a new company in Egypt after decades of experience in the Middle East and North African market. EFG Logistics Services will be headquartered in Cairo, from where the team will offer road, air and sea transport services and complex... more
Creating high-precision AGVs
Using Kollmorgen technology, the Chinese chemical company Heli has introduced automated guided vehicles (AGVs) that can carry 3 t-pallets of soft bags. The specialised AGVs are in service at the company’s site in Xinxiang, moving pallets of soft bags with fertilisers within the... more
Signing up for another five years
XPO Logistics is extending its partnership with Saint-Gobain PAM UK, a producer of pipelines and fittings for water networks based in Derbyshire. The logistics provider has been operating 20 sites in the UK and Ireland for Saint-Gobain since 2018, including 31,587 sqm of... more
Swiss Post banned from takeover
Last Friday, Switzerland’s Competition Commission (Comco) forbade Swiss Post to take over the Quickmail Group. The commission said that the transaction would eliminate effective competition, and that there was also a market-friendly alternative. As both companies are engaged... more
Wincanton sold for GBP 566.9 million
Ceva, a subsidiary of the French shipping company CMA CGM, is buying the British logistics provider Wincanton for the price of GBP 566.9 million. Shareholders will receive 450 pence per share in cash as Wincanton will reach an enterprise value of GBP 764.9 million. “While we... more
Panattoni: a hub in the city centre
Panattoni Germany is welcoming three new tenants to its City Dock hub in Berlin, leasing four units of its 57,000 sqm site. Alstom Transportation Germany will take over two units totalling 2,700 sqm as a spare parts warehouse for railway vehicles. Lyerco Deutschland will use... more
Two major deals in India's real estate sector
Indo Space, a major logistics real estate player in India, has recently clinched two deals expanding its scope in the country. At the recent WEF in Davos (Switzerland), the developer signed an MOU with the Maharashtra government, planning to acquire 404,686 sqm and invest... more
First tenants for a hub in Thuringia
Garbe Industrial Real Estate has finished building a new 35,000 sqm logistics hub in Bollberg, Thuringia. Located in an industrial park, the EUR 46 million site features 31,000 sqm of hall space, 30 dock levellers and three ground-level gates for loading and unloading. The... more