Panalpina ups its Q3 earnings 
Panalpina, a Basel (Switzerland)-based logistics corporation, reported that its net turnover dropped from CHF 1.721 billion to CHF 1.7 billion in the third quarter of business year 2013. In contrast, the service provider’s operating profit rose by 6% to CHF 403.1 million, from... more
Standstill in Europe nearly over? 
This year’s annual general meeting of the Association of European Vehicle Logistics (ECG) took place recently in the German capital Berlin. It focused mainly on the fact that sales in the European car market are continuing to crumble, due to the ongoing poor economic situation... more
Times still tough for TNT Express
The international CEP service provider TNT Express, headquartered in the Netherlands, has still not been able to start moving ahead. Its Q3/2013 turnover sank by 6.6% to EUR 1.621 billion (from EUR 1.736 billion noted in the same period in 2012). Net earnings slumped by 25%,... more
Swisslog lands big order from SCA in the Netherlands
Swisslog, an international intralogistics provider based in Switzerland, has signed an agreement with the global hygiene and forest products company SCA to design and realize an automated finished goods warehouse at an existing production facility in Hoogezand (Netherlands).... more
Claas entrusts procurement logistics services to Duvenbeck
The international agricultural machinery producer Claas, headquartered in Harsewinkel (Germany), has awarded a three-year contract to the medium-sized German logistics group Duvenbeck. The pact, which covers comprehensive logistics services for eight Claas locations in Europe,... more
Amazon building new logistics centres in Czechia
The US online retailer Amazon is building two new logistics centres in Czechia by 2014, and will create up to 10,000 jobs in the country. The facilities will be located near Prague airport and in the city of Brno. The world’s largest online trader said that it wants to establish... more
Teleshopping company QVC prolongs contract with Hermes
QVC, a renowned multimedia shopping company, has extended its partnership with the German logistics service provider Hermes by a further ten years. Frank Iden, CEO of Hermes Logistik Group Germany, described the step as a “signal for the industry” where such contracts are... more
Panalpina agrees to settle US antitrust class action suit
The Basel (Switzerland)-based logistics service provider Panalpina has entered into a preliminary agreement to settle a US class action lawsuit alleging anticompetitive industry practices regarding certain freight surcharges. Panalpina agreed to pay USD 35 million, which... more
TNT Express constructs new road and air hub in Saudi Arabia
TNT Express and Saudi officials recently celebrated the first day of construction of the company’s future air and road hub at Dammam’s King Fahd international airport (KFIA), Saudi Arabia. The new facility, which will enter service by January 2015, will have 4,800 sqm of sorting... more
Norbert Dentressangle raises Q3 turnover
The French transport and logistics service provider Norbert Dentressangle (ND) boosted its Q3/2013 turnover to EUR 1.03 billion, a 6.2% increase compared to the EUR 967 million achieved in the same quarter a year ago. ND’s logistics division was the strongest contributor with... more