Strong environment for K+N 
Q1/2021 brought large profits for Kuehne + Nagel. Net turnover (CHF 6 billion), ebit (CHF 431 million) and a CHF 318 million profit in this quarter were all significantly above the levels of Q1/2020. The positive turnaround, which had already begun in the second half of 2020,... more
Ceva: two air cargo services 
Ceva Logistics, the Switzerland-headquartered logistics arm of CMA CGM, has launched two new services. First, the company announced its Skycapacity programme, guaranteeing access to global air cargo capacity for customers in a volatile market. To this end, the company has... more
Unipart remains on course in 2020
Releasing its 2020 results, British group Unipart reported that group turnover declined slightly with GBP 786.7 million (1.6%), while underlying group profit before interest and taxation dropped to GBP 16.1 million (2019: GBP 17.8 million). Despite unprecedented demand, in... more
Freja's blue suede shoes
Danish company Freja Transport & Logistics has set up a new warehouse in Skanderborg. Here, the company handles the e-commerce orders for its German customer Deichmann for the Danish and Swedish markets. Freja stores no less than 40,000 pairs of shoes on a limited space... more
Doubling its size in Singapore
The demand is there. Aerospace logistics company B&H Worldwide is doubling the size of its operation in Singapore. The new facility is located adjacent to its existing operation within the ALPS Free Trade Zone at Changi Airport. It will provide significant additional... more
Kering's new world hub soon fully operative
Global luxury goods manufacturer Kering Group has just unveiled its new warehouse in Trecate, close to Novara in Northern Italy. Kering manages a number of brands in fashion, leather goods, jewellery and watches like Gucci, Saint Laurent, Brioni, Ulysse Nardin and others.... more
Groupe Hautier's next takeover
The expansion continues. After a first phase of takeovers during 2010-2011, the French Groupe Hautier snapped up the French firms Resano, Gervais and Monteau transport over the past three years. Now, the group, founded in 1914 on the port of La Rochelle, is acquiring another... more
Radiopharma Logistics Group certified
Radiopharma Logistics Group (RLG) has announced that the Iso and Afnor certifications for its three affiliate companies were renewed in February 2021. RLG comprises the three companies Isovital (founded in 2005), Isolife (2007) and Isotopes Services International (ISI). RLG took... more
Healthcare partner for Fiege
Fiege took over the handling of e-commerce logistics for the healthcare retailer recusana at the beginning of April this year. Recusana is an affiliate of the McKesson Corporation, specialises in material for wound care and delivers dressings, hygiene supplies and skincare... more
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