Frankfurt: more space for life sciences 
DHL Supply Chain, DHL Group’s contract logistics department, is extending its Life Sciences & Healthcare (LSH) Campus close to Frankfurt am Main. The new branch is adding a third logistics centre (32,000 sqm) to the multi-user facility specialising in pharmaceutical and... more
A bed of roses?
Southampton-based Meachers Global Logistics has inked a three-year contract with Millbrook Beds. The new agreement, which dates back to 8 July 2022, sees Meachers move from supporting Millbrook Beds with the UK distribution of its beds and mattresses to fully managing all its... more
US contract logistics player turns French
French major player Geodis has acquired 100% of the shares of the US-American "Need It Now Delivers" from the private equity fund Palm Beach Capital and further stakeholders. The contract logistics company, founded in 1987, has built up a road freight network... more
100% Peru
Hellmann Worldwide Logistics now holds all the shares in the Peruvian joint venture Hellmann Worldwide Logistics S.A.C, after Carlos Augusto Dammert, president of the board, decided to sell his stake of 50%. The company will now be fully integrated into Hellmann's global... more
Free trade does the trick 
How important are preferential tariffs in economic treaties? Switzerland as a neutral country – be it ‘actively’ so or not – depends on imports and exports for its economy. It’s economics ministry has teamed up with Efta to investigate the effect free trade has on companies’s... more
Cargo-Partner buys stake in Sim Cargo
The European general cargo network Sim Cargo has accepted Cargo-Partner's offer to acquire a third of its shares. With its 50 employees, Sim Cargo, which was founded in 2020, provides logistics and digital services for 260 medium-sized system partners. Both parties know each... more
Investing in life sciences environment
Singapore-headquartered ESR and its JV partner have acquired a life sciences R&D business park for RMB 268 million (USD 40 million) in Zhangjiang, Shanghai (China). Formerly known as Zhangjiang NEO, the unit of almost 9,000 sqm consists of two blocks with Pharmaceutical... more
Rhenus: latest acquisition in Spain
The Rhenus Group has acquired Aduanas Alié. The Spanish company also provides customs services in Morocco and the Maghreb. Rhenus Logistics Spain is thus reinforcing its operations involving traffic flows with Morocco, a market considered as strategic for the group. This... more
Agility also flourishing
In H1/2022, Kuwait-based Agility achieved a revenue of KD 270.5 million (USD 882 million), an uptick of 22.9%, and a net profit of KD 28.8 million (USD 94 million). Ebitda, which excludes the performance of the GIL business sold by Agility in 2021, increased by 21.5% to KD 71... more
Enhancing a niche market
In addition to the transportation of automobiles across Kazakhstan for Toyota Motor, Gebrüder Weiss is now also handling replacement parts distribution and warehousing for the Japanese automaker’s dealers in Almaty. In 2021, Toyota sold around 14,000 vehicles there – equivalent... more