Ekol's founder buys back shares 
Ahmet Musul, the founder and majority owner of the Turkish company Ekol Lojistik, has purchased 37% of Ekol shares that had been held by Rigond Finance, a subsidiary of the Abu Dhabi-based Invest AD and the Japan-based SBI, since 2010. Turkey’s competition authority has... more
Greiwing inaugurates new hub
After a successful trial period, logistics services provider Greiwing has officially inaugurated its new subsidiary in Burghausen (Bavaria, Germany). The facility took around 16 month to build and cost EUR 35 million. “By opening our new subsidiary we have again strengthened... more
Panalpina Brazil invests in cold chain logistics solutions
Panalpina Brazil has expanded its operations with a considerable investment into end-to-end logistics solutions for the cold chain. The company warehouse in Cajamar, São Paulo (Brazil), is now exclusively dedicated to the cold chain segment, with the capacity to store various... more
Takeover almost completed
The French shipping group CMA CGM has almost completed its acquisition of Ceva Logistics. According to Reuters, the carrier has obtained an 89.47% stake in the Switzerland-based logistics provider after the deadline for the first takeover bid expired. CMA CGM offered... more
Timocom notes greater use of exchange platform
Timocom, a provider of an electronic marketplace for the transport sector, continues to expand. Sales jumped by 10% or EUR 6.7 million to EUR 74.6 million last year, and the number of users who used the IT platform to handle their transport requirements rose to a record 130,000.... more
Substantial growth in oil logistics for Bolloré
The 2018 financial statements have been approved by Bolloré’s board of directors. Last year’s revenue amounted to just over EUR 23 billion, a 7% increase at constant scope and exchange rates (+26% as reported), thanks to a 9% surge in transport and logistics activities.... more
Swift delivery service for horse breeders
To mark the start of the breeding season, Night Star Express is offering a weekend delivery service to horse breeders and stud farms. If required, horse sperm that is shipped on a Saturday reaches its consignee before 08.00 on Sunday. The company’s experts know that the... more
Bolloré and CLS Logistics sign MOU in Ethiopia
A memorandum of understanding (MoU) covering the creation of a joint venture has been signed by Bolloré Transport & Logistics and CLS Logistics, its partner for over eleven years. The pact was inked in Addis Ababa in the presence of Jean-Yves Le Drian, the French minister... more
Land transport ramps up results
Gebrüder Weiss (GW) generated net sales of EUR 1.67 billion in financial year 2018, 8.3% more than in FY 2017. The road transport sector once again proved to be the mainstay of the Austrian logistics company. The organic growth rate amounted to 7.5% in a competitive environment.... more
Bohnen Logistik working for Heineken Germany
The contract logistics service provider Bohnen Logistik, a member of the Germany-based Duisport Group, has been mandated by Heineken Deutschland to manage its central warehouse for beer and wine products in Werne, Westphalia. The beverage producer’s supply chain director,... more