Business
Oman-based logistics company Asyad Group has acquired freight forwarder Skybridge Freight Solutions. It says the move will expand its footprint in China, India, the US and the Gulf region. SFS serves over 1,400 customers in food, energy, automotive, pharmaceuticals and construction.
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Danish-based NTG Nordic Transport has signed an agreement to acquire a stake in Asia-based Freightzen Logistics. Founded in 2018 in Bangkok, Thailand, Freightzen employs 41 people and offers logistics solutions by air and ocean with offices in Thailand, Vietnam, and Malaysia and is currently NTG’s ...
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The Gateway 14 development at Stowmarket, part of Freeport East, has gained planning consent for two buildings to be occupied by manufacturers of eco-friendly construction materials. Turkish-owned Assan Panel which manufactures sandwich panel construction materials and exports to 85 countries across the world, will invest ...
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The Open Logistics Foundation is developing a Blockchain solution for transparent and tamper-proof customs clearance in the UK. The foundation, which is based in Dortmund, Germany, says that the Goods Passport ID (GPID) would be transparent and tamper-proof and help customs authorities, freight forwarders and ...
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Logistics UK has called on the new Labour government to urgently sort out post-Brexit border arrangements to avoid holiday traffic-type queues become a regular occurrence.
With summer holiday traffic expected to build at Channel ports from this weekend, Logistics UK is urging Keir Starmer’s government to ...
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CMA CGM-owned Ceva Logistics has signed a joint venture agreement with Almajdouie Logistics of Saudi Arabia. The signed agreement now awaits review and approval by regulatory authorities. Ceva would control the majority of the newly established joint venture. It would target industries ranging from energy and ...
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Logistics UK has called on the new Labour government to partner with the freight sector to develop its promised industrial strategy. Logistics can boost productivity for all areas of the economy, says the industry business group.
The logistics sector is key to driving economic growth and, ...
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Danish transport and logistics company Leman says its 2023 annual results show a loss of DKR 65 million but says this corresponds to its investment during the year. The latter includes new offices in new countries, more than DKR50 million in new storage facilities in ...
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German-owned logistics firm Rhenus has acquired 15% of the shares of French logistics service provider C Chez Vous from Geopost, with the latter retaining 80%. The new structure will enable C Chez Vous to benefit from Rhenus’ position in the European home logistics market. C ...
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The UK’s Competition and Markets Authority has launched an investigation into the completed acquisition of Wincanton by GXO Logistics. The CMA said that it has reasonable grounds for suspecting that arrangements are in progress or in contemplation which would result in the two companies ceasing ...
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