Kuehne+Nagel has officially opened its new adidas distribution centre in Mantova, Northern Italy. The logistics hub combines growth opportunities, next-level digitalisation and sustainability. With this €350 million financial commitment, the company’s single largest investment to date, Kuehne+Nagel demonstrates its commitment to more efficient and environmentally friendly logistics solutions. Additionally, more than 700 new jobs will be created, with a focus on technical and digital … [Read more...] about Kuehne+Nagel inaugurates largest-ever logistics hub
Logistics
Kuehne+Nagel and Medtronic open healthcare fulfilment centre in Milton, Canada
Kuehne+Nagel announced the opening of a new, temperature-controlled fulfilment centre for its partner, Medtronic. The global healthcare technology company develops, manufactures, and sells medical devices and therapies to treat complex medical conditions. At the 25,000 sqm site, Kuehne+Nagel supports Medtronic by distributing its products to hospitals and institutions. Medtronic also operates a service and repair centre within the facility, as well as a test and preventative maintenance … [Read more...] about Kuehne+Nagel and Medtronic open healthcare fulfilment centre in Milton, Canada
Deutsche Bahn signs agreement to sell logistics subsidiary DB Schenker to DSV
The Management Board of Deutsche Bahn AG signed an agreement on 13 September 2024 for the sale of its logistics subsidiary DB Schenker to the Danish transport and logistics group DSV for an enterprise value (EV) of EUR 14.3 billion. Including expected interest income until completion, the total sales value amounts to EUR 14.8 billion. As the new owner, DSV plans to invest around one billion euros in Germany over the next three to five years. The aim is to create a global market leader in the … [Read more...] about Deutsche Bahn signs agreement to sell logistics subsidiary DB Schenker to DSV
Cainiao doubles down on global logistics network with launch of second batch of global e-hub construction
Cainiao Group, a global leader in e-commerce logistics, announced the launch of the second batch of its global e-commerce logistics hubs (e-Hubs), aimed at creating a shared infrastructure that supports all e-commerce platforms, merchants, and brands in their efforts to sell both online and offline worldwide. This initiative is part of Cainiao’s global strategy to strengthen its end-to-end logistics capabilities and achieve the long-term goal of global deliveries within 72 hours. “In … [Read more...] about Cainiao doubles down on global logistics network with launch of second batch of global e-hub construction
UPS bolsters healthcare logistics capabilities with cold-chain acquisitions
UPS announced that it has agreed to acquire Frigo-Trans, and its sister company BPL, (together “Frigo-Trans”) industry-leading, complex healthcare logistics providers based in Germany. Once completed, the acquisition will enhance UPS’s end-to-end capabilities throughout Europe for UPS Healthcare customers who increasingly require temperature-sensitive and time-critical logistics. “The fast-paced innovation in the pharmaceutical industry is creating the need to have more integrated cold and … [Read more...] about UPS bolsters healthcare logistics capabilities with cold-chain acquisitions
Cainiao launches chartered flight connecting Xi’an and Liège, boosting China-Europe air cargo capacity
Cainiao Group, a global leader in ecommerce logistics and logistics arm of Alibaba, announced to launch its chartered flight between Xi’an, China and Liège, Belgium. The flight operates twice a week, further bolstering Cainiao’s China-Europe cross-border delivery capacity ahead of peak shopping season. The inaugural flight, a Boeing 767-300F freighter, departed from Xi'an carrying over 50 tons of cross-border e-commerce goods, including over 150,000 cross-border parcels. Upon arrival at … [Read more...] about Cainiao launches chartered flight connecting Xi’an and Liège, boosting China-Europe air cargo capacity
