New facility for automotive logistics 
After almost a year of construction, Garbe Industrial Real Estate has completed an automotive logistics centre in Flechtorf to the south of Wolfsburg in Lower Saxony (Germany) for engineering services provider Bertrandt. The property with a 30,000 sqm hall area was officially... more
DFDS partners with Global & Local Enterprises
DFDS Logistics in Ghent (Belgium) has decided to outsource its repair and maintenance workshop to Global & Local Enterprises, which manages a chain of workshops with well-trained mechanics and supervisors. This company will now handle the repairing and maintenance of DFDS’... more
Nippon Express acquires MD Logistics
Following an equity purchase agreement concluded with MD Logistics and MD Express, a logistics group operating in the USA, Nippon Express acquired the entire equity interests of MD Logistics through its subsidiary Nippon Express USA on 22 May 2020. MD Logistics is... more
Beacon closes USD 15 million fundraising round
London (UK)-based Beacon, a next generation freight forwarding and supply chain finance company, has raised over USD 15 million in its series A fundraising round, with investors including Jeff Bezos, the founder and CEO of Amazon, and the American venture capital firm 8VC.... more
Wabco is now part of ZF
Now that all official approvals have been granted, ZF Friedrichshafen has completed the acquisition of Wabco, a supplier of commercial vehicles. Wabco's shares, which were before listed on the New York stock exchange, were withdrawn from the stock exchange market with immediate... more
New hotspots in the west 
The national market for logistics real estate is developing particularly dynamically in western Switzerland. Major projects in the cantons of Valais, Geneva and Vaud are set to begin operations soon. The Gros-de-Vaud region, north of the city of Lausanne, is now the area of the... more
Geis breaks billion euro record
The Geis Group ended the last financial year with a new turnover record: in 2019, the international logistics services provider generated a net turnover of EUR 1,038 billion, surpassing the billion euro mark for the first time and exceeding 2018's result by 9.5%.... more
New branches in Belgium and the Netherlands
Austrian logistics services provider cargo-partner is expanding its footprint in the Benelux countries by opening a new storage facility and office areas in Roermund (the Netherlands) and a new office at Liège airport in Belgium. With the new sales and customer service... more
TST makes room for animal food
Animal food producer Nestlé Purina Petcare is concentrating its logistics operations for the German market in the new distribution centre that logistics provider TST hat set up in Worms (Rhineland-Palatinate, Germany). The 52,000 sqm multi-user real estate came on stream at... more
Cargo thefts on the rebound
Manufacturers and logistics service providers must be prepared to protect their supply chains from an expected significant spike in cargo thefts as coronavirus lockdowns begin to be lifted across the Europe, Middle East and Africa region, the transported asset protection... more