Picavi expanding in USA 
The German company Picavi wants to serve North American markets in a more efficient manner. Given this aim, the provider of pick-by-vision solutions for picking activities in intralogistics has founded a subsidiary named Picavi US Inc. The new entity’s managing director... more
Panattoni building for Dachser
Panattoni Europe is constructing an around 7,000 sqm building containing a hall, offices and staff rooms for the service provider Dachser. The new facility is a mere 4 km away from Dachser’s existing Maas-Rhine logistics centre in Alsdorf, near Aachen (Germany). The new... more
Boosting capacity in Hong Kong
Arvato SCM Solutions has opened a new distribution centre in Hong Kong on behalf of an international company in the high-tech sector. The facility, offering 9,300 sqm of storage space and around 420 sqm of offices complements the client’s existing distribution network that... more
Rhenus acquires Rodair Group
This month (March 2019), the Rhenus Group acquired the Toronto (Canada)-based customised logistics solutions specialist Rodair that was founded in 1996. The latter company's core business activities encompass international freight forwarding, project logistics, courier,... more
Ekol's founder buys back shares
Ahmet Musul, the founder and majority owner of the Turkish company Ekol Lojistik, has purchased 37% of Ekol shares that had been held by Rigond Finance, a subsidiary of the Abu Dhabi-based Invest AD and the Japan-based SBI, since 2010. Turkey’s competition authority has... more
Greiwing inaugurates new hub
After a successful trial period, logistics services provider Greiwing has officially inaugurated its new subsidiary in Burghausen (Bavaria, Germany). The facility took around 16 month to build and cost EUR 35 million. “By opening our new subsidiary we have again strengthened... more
Panalpina Brazil invests in cold chain logistics solutions
Panalpina Brazil has expanded its operations with a considerable investment into end-to-end logistics solutions for the cold chain. The company warehouse in Cajamar, São Paulo (Brazil), is now exclusively dedicated to the cold chain segment, with the capacity to store various... more
Takeover almost completed
The French shipping group CMA CGM has almost completed its acquisition of Ceva Logistics. According to Reuters, the carrier has obtained an 89.47% stake in the Switzerland-based logistics provider after the deadline for the first takeover bid expired. CMA CGM offered... more
Timocom notes greater use of exchange platform
Timocom, a provider of an electronic marketplace for the transport sector, continues to expand. Sales jumped by 10% or EUR 6.7 million to EUR 74.6 million last year, and the number of users who used the IT platform to handle their transport requirements rose to a record 130,000.... more
Substantial growth in oil logistics for Bolloré
The 2018 financial statements have been approved by Bolloré’s board of directors. Last year’s revenue amounted to just over EUR 23 billion, a 7% increase at constant scope and exchange rates (+26% as reported), thanks to a 9% surge in transport and logistics activities.... more