Strong growth in France 
The Hermes Group is benefitting from the continuously growing e-commerce sector. The group increased its revenue by around 6% to EUR 3.2 billion in financial year 2018/2019. The company handled a total of 817 million parcels in Europe in 2018, 6.7% more than in the previous... more
DP DHL Group grows revenue and earnings in Q1
Deutsche Post DHL Group increased both revenue and operating profit in Q1/2019. The company generated revenue of EUR 15.4 billion between January and March, 4.1% more than in Q1/2018. Operating profit (ebit) shot up by 28.1% to EUR 1.2 billion. In particular, earnings from... more
Descartes acquires Core transport technologies
Descartes Systems Group has acquired Core Transport Technologies NZ (Core), an electronic transport network that provides global air carriers and ground handlers with shipment scanning and tracking solutions. Core has been connecting commercial airlines, ground handlers and... more
Agility achieves targets
Kuwait-based Agility reported Q1/2019 earnings of KWD 20.3 million (EUR 59.4 million), up 7.3% vis-a-vis Q1/2018. It was a 10.2% increase excluding IFRS-16 impact. Q1 revenue was KWD 378.8 million (EUR 1.1 billion), and ebitda was KWD 46.3 million (135.5 million), increases of... more
Prologis and L’Oréal open carbon-neutral hub
Prologis and L’Oréal have opened their new carbon-neutral logistics facility in Muggensturm, south of Karlsruhe (Germany). The real estate covers an area of more than 100,000 sqm and is therefore L’Oréal’s largest distribution hub worldwide. From this location, the cosmetics... more
Panalpina's AGM approves all board proposals
At the annual general meeting (AGM) of Panalpina World Transport, 62.24% of the share capital was represented. All proposals of the board of directors were approved by a clear majority, and Thomas E. Kern was elected as chairman of the board. The AGM approved the situation... more
Dachser USA launches automotive competence centre
Continuing its commitment to developing automotive sector logistics solutions, Dachser USA recently inaugurated the automotive competence centre in Atlanta, which provides dedicated customer service teams that are trained to address the complex logistics operations associated... more
PSA and SATS set up sea-air connectivity in Singapore
The port operator PSA International and the ground handling provider SATS have signed a memorandum of understanding (MoU) to provide cargo owners and logistics service providers with seamless connectivity for greater supply chain efficiency, and to boost Singapore’s status as a... more
Raben snaps up majority shareholding in Sittam
Netherlands-based Raben Group is increasing its stake in Sittam from 20% to 51% in July 2019. Through the share purchase the Dutch company will become the Italy-based forwarder general cargo transport provider’s majority shareholder. The Bertola family, Sittam’s majority... more
Open: Norway’s first low-carbon distribution terminal
DB Schenker has opened its new Oslo City hub, the first low-carbon city distribution centre in Oslo. The centrally-located terminal will reduce CO2 emissions of city goods distribution by 80%, through the use of electric cars and e-bikes. Jochen Thewes, CEO of DB Schenker:... more