"Strong year" for DSV Panalpina 

DSV Panalpina has released its 2019 annual report, commented by CEO Jens Bjørn Andersen: "Q4/ 2019 was in line with our expectations and we can report ebit of DKK 6.654 million (EUR 890,373) for 2019, an 8.4% organic growth on 2018. 2019 was a strong year for our company –... plus
Dur de faire valoir la force majeure 

Une réorganisation dans un environnement traditionnel: le Swiss Shippers’ Forum à Interlaken s’est adressé aux chargeurs, transitaires et autres acteurs. Le public a témoigné un grand intérêt pour les interventions et panels sur le thème de la «force majeure» étant donné que des... plus
KKR-Led consortium sells BLK Pyeongtaek Logistics Center 

The investment firm KKR announced that Korean real estate asset manager Pebblestone Asset Management will acquire BLK Pyeongtaek Logistics Center from a KKR-led consortium. The hub is a newly developed multi-tenant modern logistics facility located in Pyeongtaek port, one of the... plus
DHL must lower prices 

On 1 January 2020, DHL raised the package prices for private customers by an average 3%. The company had informed the German federal network agency about the planned price increases already in autumn 2019 and had demonstrated their compliance with postal law regulations. The... plus
UPS invests in electric delivery vehicles 

UPS reports that its venture capital arm, UPS Ventures, has completed a minority investment in Arrival, which makes electric vehicle (EV) platforms and purpose-built vehicles that offer a highly competitive value proposition when compared to both traditional internal combustion... plus
Panattoni to build another facility for Haase 

Panattoni is setting up another logistics centre for Haase Hausgerätelogistik in Garbsen (Germany). The real estate developer will construct the build-to-suit property on a 30,702 sqm plot. The project comprises 15,000 sqm of logistics area, 700 sqm of office and social areas... plus
More space for trucks in Saudi Arabia 

Logipoint, a major logistics zones developer in Saudi Arabia, has completed phase one of the Logistics Park Modon 1 project. Phase 1 comprises 350 truck parking spaces designed to bring Modon much needed respite from congestion and pollution by taking the parked and waiting... plus
Elemica takes over Eyefreight 

Elemica has announced the acquisition of Eyefreight. By taking over the provider of multimodal SaaS transport management systems (TMS), the cloud-based digital supply network increases its range of capabilities: the combination of the two companies enables Elemica’s customers to... plus
99.9% accuracy in the warehouse 

Automotive supplier Minth has been working with cargo-partner since 2013. Now cargo-partner has begun to provide logistics services to support the company in the production of more than 88,000 cars per year, handling about 120 stock keeping units. In cargo-partner‘s... plus
Supply chain software for fashion designer 

Garment and fashion specialist Jump Design Group has implemented the supply chain management software Osca to make its delivery flows transparent. Among other features, the cloud-based system developed by the Bochum (Germany)-based company Setlog controls all processes relevant... plus