Expeditors flying high 
The Fortune 500 logistics company Expeditors International headquartered in Seattle, Washington, has reported its Q4/2020 financial results. Net earnings saw an uptick of 45% to USD 199 million, as operating income took a leap of 56% to USD 282 million. Revenues also... more
Bridgeheads in Luxemburg and Italy
C Safe Global, a company specialising in temperature-controlled container solutions for the transport of life-enhancing pharmaceuticals, is expanding its global footprint by opening two new hub operations in Luxembourg and Florence, Italy. Partnering with DB Schenker in... more
New site in Tangier Med Logistics Zone
Gefco has opened a new warehouse in the Tangier Med Logistics Zone. The 10,000 sqm facilities came on stream at the end of January 2021. More than 135 automotive companies and suppliers will benefit from the new hub, including PSA, Continental, Faurecia, 3M, Novares and Valeo.... more
Biggest acquisition for K+N so far
Swiss transport and logistics group Kuehne + Nagel (K+N) is acquiring the Chinese air freight company Apex, which has around 1,600 employees and handles 750,000 t of air freight and 190,000 t of sea freight per year. According to Kuehne + Nagel, this transaction is the... more
More service for time-critical spare parts
The Militzer & Münch group has introduced a new time-critical spare parts supply service at its location at Hamburg airport. The service is used particularly in cases of an “aircraft on ground” alarm (AOG). Militzer & Münch recently extended this offer to other... more
Walker links continental Europe
Berkshire (UK)-based Walker Logistics has entered into an agreement with Amsterdam-headquartered third party logistics services provider RIF Europe. The deal will allow Walker to offer its clients the opportunity to hold stock and fulfil orders bound for mainland Europe from... more
Crossing the Alps on LNG
The enormous boom in online trade, partly due to corona restrictions, has generated a growing demand for general cargo transports with smaller consignments and less weight than traditional complete loads. In response, Fercam has expanded its Europe-wide network of general... more
Free capacities in Jadeweserport
In Q1/2021, the Jadeweserport Wilhelmshaven can offer what has become a rare commodity in many ports of Europe's northern range, namely available transhipment and cargo handling capacities. With full terminals in the western ports and therefore restrictions in the intake and... more
500 daily transports going digital
Steel manufacturer Thyssen Krupp Europe, founded as a group in 1998, intends to expand its cooperation with the logistics platform Tramsporeon. The company will join the Transporeon network and assign more than 500 steel transports daily via the platform. The cooperation,... more
Fastrate Group widens its scope
Canadian Fastrate Group acquires ASL Distribution Services Limited (ASL), a 3PL provider that has been active in Eastern Canada for more than 60 years. The Fastrate Group, which was founded more than 50 years ago, started out as an LTL road haulier and intermodal carrier and... more