Tag Archives: logistics

Sika Completes Acquisition of HPS North America to Expand Presence in US Building Finishing Market

(IN BRIEF) Sika has fully acquired HPS North America, Inc., a supplier of building finishing materials in the US, including Schönox branded products. The acquisition strengthens Sika’s position in the growing building finishing market and will lead to improved efficiency … Read the full press release

DHL eCommerce Opens New 25,000 m² Hub in Coventry to Boost UK E-Commerce

(IN BRIEF) DHL eCommerce has unveiled its new 25,000 m² parcel hub near Coventry Airport, marking a significant step in expanding its operations in the UK. With a focus on sustainability and advanced automation, the facility will support growing e-commerce … Read the full press release

EBRD Venture Capital Leads $44 Million Investment Round for Polish Robotics Firm Nomagic

(IN BRIEF) EBRD Venture Capital has led a $44 million Series B investment round for Nomagic, a Polish robotics company specializing in autonomous systems for logistics and e-commerce. The funding will support the company’s product development and expand its market … Read the full press release

Casino and Avia Thévenin Ducrot Extend Partnership to Enhance Travel Retail Offering in France

(IN BRIEF) Casino and Avia Thévenin Ducrot have renewed their partnership for another three years, continuing their successful collaboration that has been running for nearly 20 years. This partnership allows Casino to supply a variety of products tailored to the … Read the full press release

DHL Global Forwarding Advocates for ‘China Plus X’ Strategy to Strengthen Global Supply Chains

(IN BRIEF) DHL Global Forwarding’s latest white paper emphasizes the importance of adopting multi-shoring strategies, expanding beyond the traditional “China Plus 1” model to include several global regions. The “China Plus X” approach aims to diversify production and supplier locations, … Read the full press release

Garanti BBVA Hosts Demo Day to Showcase Startups and Opens Applications for Third Session of Tech Program

(IN BRIEF) Garanti BBVA recently celebrated the success of five startups that completed the second year of its Garanti BBVA Partners Tech Program at a Demo Day event. The program offers essential support, including office space, mentoring, and marketing assistance, … Read the full press release

AD Ports Group and CMA CGM Group Strengthen Partnership with New Multipurpose Terminal Venture in Pointe Noire

(IN BRIEF) AD Ports Group and CMA CGM Group have signed a shareholders’ agreement to jointly develop, manage, and operate the New East Mole multipurpose terminal at the Port of Pointe Noire in Congo-Brazzaville. AD Ports Group received a 30-year … Read the full press release

CTP Expands Partnership with Milšped, Securing Key Logistics Facilities Across Serbia

(IN BRIEF) CTP has signed three major leases with Milšped, expanding their footprint to 105,000 sqm in Serbia. The new leases span CTP’s industrial parks in Belgrade, Niš, and Novi Sad, positioning Milšped to meet the growing demand for logistics … Read the full press release

Repsol and Accenture Collaborate to Integrate AI Agents for Enhanced Efficiency and Innovation in Energy Sector

(IN BRIEF) Repsol is enhancing its Digital Program by incorporating AI agents in partnership with Accenture, utilizing the NVIDIA AI platform. This collaboration aims to improve operational efficiency, streamline processes, and deliver a more personalized customer experience, as well as … Read the full press release

Wood Reaches Milestone with 500th Iraqi Employee, Strengthening Commitment to Local Workforce and Sustainable Energy Solutions

(IN BRIEF) Wood has reached a milestone by hiring its 500th Iraqi national employee, further solidifying its commitment to building a sustainable workforce in Iraq’s energy sector. The 500th employee, Rehab Zubaid, joined as an Administration Assistant, reflecting the company’s … Read the full press release

DHL Group Partners with Neste to Advance Sustainable Logistics and Achieve Net-Zero Emissions by 2050

(IN BRIEF) DHL Group has partnered with Neste to explore renewable solutions, such as renewable diesel and sustainable aviation fuel (SAF), to help the company achieve its goal of net-zero greenhouse gas emissions by 2050. The collaboration aims to reduce … Read the full press release

Rheinmetall Wins €330 Million Bundeswehr Logistics Vehicle Contract to Support Fleet Modernization

(IN BRIEF) Rheinmetall has been awarded a €330 million contract by the Bundeswehr to deliver 568 logistics vehicles, including unprotected transport vehicles and swap-body trucks, with delivery expected between 2025 and 2026. This contract is part of a larger framework … Read the full press release

CapMan Real Estate Acquires Strategic Brownfield Logistics Project Near Gothenburg to Expand Swedish Market Presence

(IN BRIEF) CapMan Real Estate has acquired a brownfield logistics development project near Gothenburg, Sweden, set to replace outdated industrial buildings with a modern EU Taxonomy-aligned logistics facility. The new 43,000 m2 facility will feature multiple tenant spaces and aims … Read the full press release

Savills Expands European Presence with New Partnership in Serbia

(IN BRIEF) Savills has formed a strategic partnership with Cortina in Serbia to support its expansion in Europe. Cortina, based in Belgrade, offers a range of real estate services including transaction advice, valuations, and project management. This collaboration will strengthen … Read the full press release

Vestas Appoints Jakob Wegge-Larsen as New CFO, Set to Join in 2025

(IN BRIEF) Vestas has appointed Jakob Wegge-Larsen as its new Chief Financial Officer (CFO), with his start date set for the second quarter of 2025. Wegge-Larsen brings significant experience from his current role as CFO at DB Schenker, as well … Read the full press release

ÖBB Rail Cargo Group Earns Gold Status in EcoVadis Sustainability Rating for Fourth Consecutive Year

(IN BRIEF) ÖBB Rail Cargo Group (RCG) has been ranked in the top 5% of companies globally in the EcoVadis sustainability rating, earning EcoVadis Gold status for the fourth consecutive year. RCG excelled in environmental sustainability, labor, and human rights, … Read the full press release

Logicor and Huhtamaki Foodservice Renew Lease Agreement in Poland

(IN BRIEF) Logicor has extended its lease agreement with Huhtamaki Foodservice in Czeladź, Poland, covering 34,600 square meters of warehouse and 2,700 square meters of office space. Huhtamaki, a global leader in sustainable packaging, has been operating in the region … Read the full press release

DSV Unveils Renewable Energy Facility in Sweden to Drive Sustainable Logistics and Decarbonization

(IN BRIEF) DSV has launched its first renewable energy facilities at its Landskrona, Sweden warehouse, featuring over 100,000 square meters of rooftop solar panels generating 14 MWp of energy. The facility, capable of powering itself, charging electric vehicles, and supplying … Read the full press release

Volvo and DHL Collaborate to Launch Autonomous Freight Operations in the U.S., Pioneering the Future of Logistics

(IN BRIEF) Volvo Autonomous Solutions (V.A.S.) and DHL Supply Chain have joined forces to revolutionize freight transportation in the U.S. using the production-ready Volvo VNL Autonomous, powered by Aurora Driver technology. The partnership aims to validate the ecosystem required for … Read the full press release

DB Schenker Expands Fleet with 40 Volvo FM Electric Trucks, Enhancing Sustainable Logistics in Germany

(IN BRIEF) DB Schenker is expanding its fleet in Germany with 40 Volvo FM Electric trucks, marking a significant step towards sustainable logistics. These 20-ton electric trucks, capable of operating with trailers, will be deployed nationwide starting December 2024. The … Read the full press release