The two towers 
It is the latest strike of the British group Tower Cold Chain. With the launch of its Los Angeles hub, the specialist for temperature-controlled services founded in 2007 confirms its focus on pharmaceutical businesses and airlines. The hub, located 29 km from LAX... more
Agility stable with broadened portfolio
Agility, which is still receiving earnings from discontinued operations with the recently-sold GIL department, moved sidewards with its profits in Q1/2022. While revenues grew by 22.3% to KD 132.1 million (USD 430.2 million) compared to the same period last year, whereas... more
First half year strong for Frasers
Cologne-based real estate developer Frasers Property Limited (FPL) has announced the results for its first half of 2022 ending at the end of March. Earnings before interest and tax were EUR 138 million on assets under management of approximately EUR 7.3 billion. The company's... more
CJ Logistics surges ahead
Seoul (South Korea)-based CJ Logistics has reported its results for Q1/2022. While revenues went up by 6.1% to KRW 2.85 trillion (USD 2.2 billion), operating profit soared by 57.2% to KRW 75.7 billion (USD 570 million, which was mainly driven by the boom in the parcel and... more
Augmenting storage capacity in UK network
Maritime Transport, a container transport company headquartered in Felixstowe, is investing in storage space at the Port of Ipswich. To this end, it has signed an agreement with Associated British Ports (ABP) to operate a site with a capacity to store up to 2,500 teu. This... more
An investment in packaging
As has only just been reported, Simon Hegele Gesellschaft für Logistik und Service mbH took over 50% of the shares of Georg Schrepfer in Germany at the beginning of 2022. The remaining 50% will stay with the previous owner, Thomas Bach. For Simon Egele, the acquisition is... more
Leman's activities on the rise
The Danish transport and logistics company Leman looks back on 2021 with joy. The company's turnover took a leap of 60%, rising from DKK 2.2 billion (EUR 300 million) to DKK 3.6 billion (EUR 480 million). Operating profit was back in the black in 2021 at DKK 64 million (EUR 8.6... more
A cold takeover
The French group Clareton has acquired Christian Gaillard’s cool chain business. The unit comprises cold warehouses covering a surface of 7,000 sqm (frozen, fresh and ambient storage). The staff and 25,000 sqm of land are also part of the deal. Clareton, which recently built... more
A big surface in Germany 
B+S Logistik und Dienstleistungen has acquired a logistics property in Hammersbach in the northeast of Germany’s Rhine-Main region, thus adding 40,000 sqm of space to its portfolio. One of the customers is Pepsico, a major player in the food sector. B+S will take over the... more