Rhenus acquires the Spanish logistics specialist LTK 
The Rhenus Group has taken over the Spanish company LTK. Founded in 2002, the integrated supply chain specialist is headquartered in Madrid and has warehouse capacity at three other business sites in Spain: Álava in the Basque region and Seville and Cádiz in Andalusia. Overall,... more
Intervest buys logistics site in Venlo
As part of the strategic expansion of its logistics portfolio in the Netherlands, Intervest Offices & Warehouses has acquired a portfolio of three existing buildings and an option for an additional plot of land in Venlo. This real estate can be used to develop a logistics... more
CCS-UK: new ro-ro solution to help avoid border delays
CCS-UK User Group and CCS-UK (operated by BT) have jointly developed a solution to assist in the smooth movement of imports to the UK via ro-ro ports or the Channel Tunnel. The solution was approved by HMRC and Border Force at the end of January 2020, for use if there is no deal... more
"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 –... more
High hurdles for force majeure 
A new start at a traditional old venue. The Swiss Shippers’ Forum in Interlaken was designed mainly for shippers and freight forwarders, as well as for other interested parties. Speakers and panel discussions addressing force majeure met with great interest, as legal... more
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... more
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... more
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... more
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... more
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... more