Big money for ESR 
Asia Pacific focused logistics real estate platform ESR Cayman has just entered into a new agreement for a USD 400 million unsecured term loan facility. It consists of a three-year tranche of USD 267 million at Libor plus 2.75% and a five-year tranche of USD 133 million at Libor... more
Scottish Bullet Express joins network
In Scotland, 30-year-old Glasgow’s Bullet Express has invested in the Fortec Distribution Network to become its latest shareholder member. The logistics firm also recently opened a new storage facility, increasing its overall capacity by 25%. The company can now handle 26,000... more
Cargo theft in EMEA at new peak
According to the latest statistics of the Transported Asset Protection Association’s (Tapa), product thefts from supply chains in Europe, the Middle East and Africa (EMEA) in 2020 amounted to losses of more than EUR 172 million. These incidents occurred despite most of the... more
Warehouse this side of the channel
There are plans to build a 42,000 sqm warehouse in the DLI South zone of the port of Dunkirk. A temperature-controlled rack feeder for 68,000 pallets is to follow. It will be located in the centre of the port's container and ro-ro terminals. The facility is planned as a fully... more
Teessiders join forces
AV Dawson, which operates the North England Port of Middlesbrough, amongst others, has found a new partner. After the recent rebrand of its Middlesbrough base to Port of Middlesbrough and the launch of a GBP 10 million investment plan in its facilities, AV Dawson is supporting... more
New logistics complex in Samara
The Tolyatti Logistics Complex "Modul" has just come on stream in Russia’s Samara region, Russia. The facility is run by a joint venture of Kuibyshev Azot and Modul, one of the country’s major transport and logistics companies. Within the new regional logistics... more
Certification for Dachser Shanghai
Logistics service provider Dachser received the centre of excellence for independent validators in pharmaceutical logistics (CEIV Pharma) certification for its Shanghai branch from Iata in March 2021. The certification also covers Dachser's PVG airport branch. Dachser... more
CEP Kwik widens range of services
Nigerian CEP company Kwik Delivery is launching the release of its plugin for Prestashop. This new plugin completes the integration of the company within the “Big Four” of e-commerce frameworks: Magento, Woo Commerce, Shopify and now Prestashop. Delivery plugins are a... more
Breaking with tradition 
The outbreak of Covid-19 has caused some disruption on the roads and in warehouses too. A Canadian forwarder banks on fully electric delivery vehicles; a US chain of fast food restaurants doesn’t need drivers for deliveries; and Geodis practices social distancing in its... more
The future of logistics real estate
In a report, the research department of real estate developer Prologis Research has evaluated possible scenarios for the future development and demand for logistics real estate. Prologis Research expects a long-term increase in the structural growth rate of logistics real... more