Third location in Turkey 
Cargo-partner continues to expand and has just opened its third location in Turkey. After entering that market in summer 2018, the Austrian service provider has set up its third facility in Bursa. Cargo-partner now has 33 employees in Turkey - 18 in Istanbul, eleven in... more
DHL Express opens new hub in Madrid
DHL Express has opened a hub at Barajas Adolfo Suarez Airport in Madrid. This expansion of the company's global network strengthens the position of Madrid as an important hub for international commerce, especially between Europe and Latin America. By investing in... more
Rituals selects Arvato for US e-commerce fulfilment
Arvato SCM Solutions began operating the e-commerce fulfilment for Rituals Cosmetics US online business some weeks ago. The services delivered by Arvato’s consumer products business unit are implemented and managed at the centrally-located Arvato multi-client distribution centre... more
Fiege stores, packs and ships for fittings manufacturer
The logistics company Fiege recently inaugurated a new location in Melle (Germany), where it provides services for Hettich, a furniture fittings manufacturer. Hettich designs and produces various functional fittings. Its product portfolio includes everything from drawer and... more
Planet Mark certification for Yusen's new site
Yusen Logistics UK expanded its service offering with the opening of its state-of-the-art flagship warehousing facility in Wellingborough (UK) last year. Strategically located near major transport routes and road networks, the facility was the first unit at Prologis Park... more
Panalpina betters bottom line
Panalpina presented mostly positive figures for 2018 at its headquarters in Basel (Switzerland). The takeover offer tabled by DSV and the possible collaboration with Agility were not mentioned. CEO Stefan Karlen said the two topics were matters for the board of directors.... more
Europa expands hub in preparation for Brexit
Three years after its inauguration, Europa Worldwide Group, a major supplier of logistics services, has invested GBP 2 million in a reconfiguration programme at its hub in Dartford (United Kingdom). The upgrade was part of a long-term strategy to expand the site to meet growing... more
BUD Cargo City gains another lessee
The Austrian logistics services provider cargo-partner will lease facilities at BUD Cargo City, the forwarding hub at Budapest airport, which will open at the end of 2019. The hub will comprise 7,500 sqm of storage space as well as offices. The airport is investing EUR 32.6... more
Ceva cuts debts and raises revenue
Ceva Logistics has reported its results for Q4/2018 and full year 2018. Revenue rose to USD 7.35 billion in 2018, 5.2% more compared to the previous year. The group’s ebitda was USD 198 million in 2018 with an ebitda margin of 2.7%. Net debt was down to USD 1.19 billion as... more
K+N banks on improvements via eTouch up to 2022
The strategy of the forwarding & logistics giant Kuehne+Nagel (K+N) remains multifold, as CEO Detlef Trefzger and CFO Markus Blanka-Graff pointed out during the company's annual press conference in Schindellegi (Switzerland). The 2018 turnover came in at just below the... more