AIT expands to Southeast Asia 
AIT Worldwide Logistics, a provider of supply chain solutions is expanding to Penang (Malaysia) and Singapore, close to sea and airports. The company will now have offices in six countries in Asia. AIT’s regional director of Singapore, Malaysia and Thailand, Siau Hwee Tan,... more
Back in the outback: GW supports solar racing
It was solar energy that propelled ETH’s Solar Racing Team across 3,000 km through the Australian outback. The Centauri team was supported by Gebrüder Weiss and achieved 12th place in the "Challenger" category. The route led from Darwin to Adelaide, with the team... more
Newport to finance Panattoni's new park
Newport Logistics has secured the financing of the Panattoni Park Ennshafen in Upper Austria. Under the Newport Logistics Fund II, the company intends to raise EUR 100 million for investments in Western Europe. The construction phase of the park will begin in 2024. Panattoni... more
Data makes a network denser 
Waco, a global freight management and logistics organisation founded in 1973 that now has 127 members in 119 countries, has negotiated a partnership with Bluebox Systems. Air and maritime freight activities are set to become more transparent. more
Kezad to build new Emirati logistics hub
Kezad Group, a developer of economic zones in the UAE, is building infrastructure projects worth AED 330 million in Abu Dhabi. The projects are part of AD Ports Group’s five-year organic capex programme scheduled for 2023-2027. Kezad Al Ma’mourah Area B1 has been planned by... more
RZDL introduces regular China service
The Russian rail logistics company RZD Logistics has launched a regular service to transport consolidated cargoes from Russia to China. Shipments will go from Bely Rast to Xi'an, from where some of the goods will be delivered to final consignees in other Chinese provinces.... more
A refresh for pharma logistics services
Geis Group is currently restructuring its pharmaceutical logistics portfolio. In Nuremberg, Geis Eurocargo has built up a new fleet of refrigerated vehicles, implemented an IT solution and modernised the pharmaceutical handling area in recent months. "We serve hospitals... more
Stef expands in the Netherlands
Stef Group is taking over the Dutch provider Bakker Logistiek, with the transaction expected to close in Q1/2024. The acquisition will expand Stef's territorial coverage of the production and consumer industries in the Netherlands and extend its range of logistics services for... more
UPS Q3 revenue down in all segments
UPS has published its financial report Q3/2023, showing downward trends in comparison to 2022. Consolidated revenues were USD 21.1 billion, a 12.8% decrease from Q3/2022. Operating profit margin and diluted earnings per share were nearly 50% down on last year’s values.... more
New software solutions for Prologistik
The French company DSIA, a developer of software for the logistics industry, is being taken over by the Prologistik Group. With the new addition to its network, Prologistik will expand its business into the French market and gain access to new sectors and regions. The... more