Poor start for SF Express in 2021 
The Chinese Logistics and CEP provider Shun Feng Express (SF Express Holding) has a long and winding road ahead of it in 2021. In Q1 its turnover of CNY 42.62 billion (USD 6.57 billion) was 27% up in comparison with the same period last year. It didn’t make a profit, in... more
Retailer Vox exports from Segro Logistics park
The Vox company, an interior design brand from Poland, has signed a lease for 7,700 sqm of warehousing space in the Segro Logistics Park Poznań, in Gądki (Poland). Vox interior design has been present in the Polish market for more than 30 years. It has a network of interior... more
Takeover fortifies Rhenus Switzerland's results
Rhenus Alpina’s sales in Switzerland leapt by 20% in 2020, despite the pandemic. Total revenues of CHF 410 million (CHF 341 million in 2019) were largely due to the integration of Interfracht’s activities into the group.The firm didn’t report its adjusted revenues, and doesn’t... more
Big in Poland
In Poland, CAT and the Polish subsidiary of the Mosolf Group have merged to form CAT Mosolf Polska (CMPL), which, with Gefco, makes them the largest competitors in car transport across Europe. The merger has already been approved by the relevant competition authorities and... more
Rebranding in Brazil
International project logistics management company Trans Global Projects Group (TGP), which is headquartered in UK, has renamed transport and logistics provider NPT Brasil (NPT). Part of the TGP Group since 2018, NPT will adopt the parent brand TGP. From now on, it will... more
Astre Association renews contract with Recoa
The Astre European Transporters Association has ratified its agreement with Recoa Collection, a company that specialises in the recovery of unpaid credits. In June 2020, three months after the outbreak of the pandemic, Astre reached an agreement with Recoa which became the... more
What Cargo Digital World has to offer
At a recent press conference, European general cargo cooperation Cargo Line presented Cargo Digital World (CDW), a company which was founded in Paderborn in January 2021. CDW’s aim is to offer technology-based logistics solutions in cooperation with logistics start-ups. ... more
Agility becomes DSV Panalpina
After acquiring the Inkas Group of companies in 2021, UTI Worldwide in 2015 and Switzerland-based Panalpina in 2018, Danish transport and logistics company DSV is taking over Agility Global Integrated Logistics (GIL). The transaction is valued at USD 4.2 billion (DKK 26... more
E-commerce: great expectations
Inspired by a recent report issued by Transport intelligence (Ti) on the global e-commerce logistics market, which grew by 27.3% in 2020 and is expected to hit EUR 557 billion by 2025, Simon Wong, CEO of the Hong-Kong-based U-Freight Group said: “E-commerce has been one of the... more
Geis contracts and improves
Germany-based Geis Group carried out a portfolio adjustment in 2020, but ended the financial year on a positive note. In 2020, the internationally active logistics service provider achieved net sales of just over EUR 1 billion. Managing partners Hans-Georg Geis and Wolfgang... more