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
GW's next hub: Upper Franconia
With effect from the beginning of 2024, Gebrüder Weiss will take over the Konradsreuth branch of Amm Logistics, another forwarding company. Located near Hof in Upper Franconia, the facility will continue to operate in its current structure as part of the German general cargo... more
E-commerce for e-cigarettes
BAT's German subsidiary has signed a cooperation with Arvato to manage its e-commerce business, which is selling e-cigarettes and heating products. From the Marienfeld site, Arvato will take care of incoming goods, storage, warehousing, distribution and other tasks. The... more
Maritime automobiles 
There’s no respite for marriages between shippers, as the groom, and logisticians, as the bought bride – or for vertical integration, to put it more soberly. Now Noatum, a recently-acquired subsidiary of AD Ports, has made a move in Spain’s automotive logistics field. more
A smart acquisition
Tandem Global Logistics Netherlands is taking over Smart Logistics, which also specialises in air and sea freight. The shareholders Rieck Logistik Group, C.H. Powell Company and Azuma Shipping Co. are also participating in the takeover. Amsterdam has been chosen as the future... more
More returns on sea than air freight
Kuehne + Nagel recorded good results for the period January to September 2023, with ebit almost doubling compared to pre-pandemic levels. Net sales for the first nine months of 2023 amounted to CHF 18.2 billion. Ocean freight in particular performed well, with a net revenue of... more
Future automobile hub in Rhineland-Palatinate
Harden Industriebau is developing its first build-to-suit property in Bitburg, Rhineland-Palatinate, for a global automotive supplier. The logistics hall is being set up on 31,000 sqm of a former military airfield and will be built according to the DGNB Gold standard. A... more
Panattoni to build trimodal site in Austria
Real estate developer Panattoni is building a new logistics park Ennshafen in the economic region of Upper Austria. Completion is scheduled for 2025. The business park is linked to a trimodal network with inland shipping services via the Rhine-Main-Danube waterway, railfreight... more
DSV to provide logistics services in Neom
DSV is to partner up with Saudi Arabian special economic zone (Neom) in a USD 10 billion joint venture to further develop logistics services in the zone. Neom is expected to be completed in 2025. The joint venture will provide end-to-end supply chain management, development... more