Will the bride be wooed?
The future of Panalpina remains written in the stars. DSV may have upped its offer to CHF 180 in cash per share in the meantime, but the Basel-based Swiss logistician has now also commenced discussions with the Kuwaiti corporation Agility. Logistics professor Armin Schwolgin is... more
Ihro builds new facility and upgrades vehicle fleet
At its headquarters in Neuenstein (Baden Württemberg, Germany), the forwarding group Ihro is building a new facility combining a truck workshop, offices, and recreation rooms. In contrast to other forwarders, Ihro continues to rely on its own drivers and a large fleet of... more
Gefco expands its hub in Ontigola
Responding to rising demand, Gefco Spain has expanded a logistics hub in Ontigola, to the south of Madrid, by adding a further 10,000 sqm to the existing 20,000 sqm. The facility now has space for a total of 36,000 pallets. The company also installed LED lighting. Gefco’s... more
FM Logistic opens pharma warehouse in Romania
French logistics and transport services provider FM Logistic has opened a EUR 20 million dedicated cold storage warehouse in Bucharest (Romania) to meet demand from the growing pharma and healthcare industry. The facility comprises a 10,000 sqm area for the receipt, storage... more
Rakuten expands national presence
Rakuten Super Logistics (RSL), a national provider of e-commerce order fulfilment, will open six additional fulfilment centres in 2019, expanding its operations to a total of 18 markets. Mike Manzione, CEO of RSL, said: “Houston and Los Angeles will be our first expansion... more
Elsen overshoots the EUR 100 million turnover mark
The Elsen Group generated turnover of EUR 103 million in 2018, 11% more than in 2017. Strong growth in the group’s logistics operations business field made a major contribution to the increase. This year Elsen plans to open a site in the Göttingen region (Germany) and expand its... more
JV between Kerry Logistics and E-Services Group
Kerry Logistics is establishing a new joint venture with E-Services Group, an Asia-based international e-commerce company. The JV will strengthen global e-commerce fulfilment capabilities, especially in the Greater China region. The joint venture, Kerry ESG, will combine... more
Strong year for Europa Showfreight
Europa Showfreight, a division of UK-based Europa Worldwide, boosted its turnover by 30% and its overall profit by 17% in 2018. The team expects this year to be even more successful and is now looking to recruit new staff. Jeff Broom, Showfreight manager at Europa, said the... more
XPO hoists revenue to USD 17.28 billion
XPO Logistics has announced its full year 2018 financial results. The company's revenue rose by 12.3% to USD 17.28 billion (2017: USD 15.38 billion). Organic revenue growth, which excludes the impacts of fuel and foreign exchange, was 9.3% year-on-year. The 2018 net income... more
BLG Logistics working for Puma
The sportswear manufacturer Puma has started to build a new logistics and distribution centre on an around 12 ha tract of land in Geiselwind, located between Würzburg and Nuremberg (all Germany). The service provider BLG Logistics is responsible for the overall project... more