Twenty years after entering the Serbian market, the international transport and logistics company Gebrüder Weiss take positive stock. “Serbia has undergone a remarkable economic development in recent years. Our decision to establish a central logistics hub for the Western Balkans here has proven to be the right one,” explained Wolfram Senger-Weiss, CEO of Gebrüder Weiss, to media representatives in Belgrade on October 18. Serbia has developed into an attractive procurement market for automotive … [Read more...] about Gebrüder Weiss celebrates 20th anniversary in Serbia
Logistics
Aramex and ZK Holding join forces through a joint venture to enhance logistics and courier services in Iraq
Aramex, a leading global provider of comprehensive logistics and transportation solutions, announced a new joint venture with ZK Holding, a leading investment company operating in Abu Dhabi. The partnership will provide fully integrated services, including domestic and international courier, freight forwarding, and contract logistics, aimed at supporting both local and international businesses in Iraq. Through this joint venture, Aramex will significantly expand its existing footprint in the … [Read more...] about Aramex and ZK Holding join forces through a joint venture to enhance logistics and courier services in Iraq
CEVA Logistics, Almajdouie Logistics finalise creation of joint venture in Saudi Arabia
CEVA Logistics, a global leader in third-party logistics, and Almajdouie Logistics, a leading end-to-end logistics solutions provider in the Middle East, signed the final agreement to create a joint venture in the Kingdom of Saudi Arabia (KSA). The signing took place during the inaugural Global Logistics Forum in Riyadh. First announced in July 2024 and subsequently approved by the relevant Saudi authorities, the newly created joint venture—CEVA Almajdouie Logistics—will leverage the strengths … [Read more...] about CEVA Logistics, Almajdouie Logistics finalise creation of joint venture in Saudi Arabia
Scan Global Logistics expands electric truck fleet for automotive logistics
Scan Global Logistics announces the introduction of its latest electric truck, exclusively dedicated to automotive logistics, transporting cars safely for the car industry. Since early September, the e-truck has been operational, primarily serving the Gothenburg area of Sweden, providing sustainable transport solutions to the car industry. The e-truck, equipped for trailer attachments, will be used for ad hoc bookings and can perform several trips per day, depending on the route length. While … [Read more...] about Scan Global Logistics expands electric truck fleet for automotive logistics
Gebrüder Weiss expands its logistics center in Tbilisi
The international transport and logistics company Gebrüder Weiss has extended its logistics terminal in Tbilisi, Georgia, by some 13,000 square meters in a move that will further expand its capacities in the Caucasus region. “This expansion is our response to the rising demand for transport and logistics services in the region, which are growing largely due to the increase in trade between the European Union, Georgia, and its neighbors Armenia and Azerbaijan,” explains Wolfram Senger-Weiss, CEO … [Read more...] about Gebrüder Weiss expands its logistics center in Tbilisi
Kerry Logistics Network partners with MUFG Bank in syndicated Sustainability-linked and Social Term Loan of HK$1B
Kerry Logistics Network Limited and a syndicate solely led by MUFG Bank Ltd. have signed a five-year HK$1 billion syndicated Sustainability-linked & Social Term Loan Facility. This Facility is a first-of-its-kind ESG-linked syndicated loan structure in the Asia Pacific, validating KLN’s pioneer position in the logistics sector and commitment to Environment, Social and Governance (‘ESG’). MUFG acted as the sole Mandated Lead Arranger, Bookrunner and Underwriter and Sustainability & … [Read more...] about Kerry Logistics Network partners with MUFG Bank in syndicated Sustainability-linked and Social Term Loan of HK$1B
