On 04 October 2024, the offering of 26,444,523 new shares in DSV A/S was successfully completed through an accelerated bookbuilding process. The New Shares will be issued as a result of DSV’s Board of Directors exercising the authorisation in Article 4a1 of DSV’s Articles of Association according to which the Board of Directors is authorised to make share capital increases up to nominally DKK48,000,000.

The offer price is DKK1,410.50 per share, raising gross proceeds to DSV of DKK37.3 billion (approximately €5.0 billion).

The Offering was made to institutional investors in Denmark and internationally at market price and without pre-emption rights to DSV’s existing shareholders.

As part of the Offering, the Company allocated cornerstone commitments in respect of DKK21.0 billion in aggregate, including US$1.1 billion from funds and accounts under management by direct and indirect investment management subsidiaries of BlackRock Inc., ~€600.0 million from Canada Pension Plan Investment Board (CPP Investments), ~US$700.0 million from funds and accounts managed by Capital Group, US$400.0 million from Norges Bank Investment Management, a division of Norges Bank, DKK1.0 billion from BLS Capital Fondsmæglerselskab A/S and DKK500.0 million from ATP.

Subject to certain exceptions, DSV has in connection with the Offering agreed to undertake a customary lock-up commitment for a period ending 180 calendar days from settlement of the Offering. In addition, the members of DSV's executive management and board of directors have agreed to undertake a lock-up commitment for a period ending 180 calendar days following the date of settlement of the Offering, subject to certain customary exceptions.

The proceeds from the Offering will be used to partly finance the expected acquisition of Schenker AG from Deutsche Bahn.

As the Offering was oversubscribed, an individual allocation of the New Shares was made.

Subject to settlement of the Offering, after the capital increase has been registered with the Danish Business Authority, the share capital of DSV will consist of 240,444,523 shares of DKK1.00 each, equivalent to a nominal value of DKK240,444,523.

The New Shares represent approximately 12.4% of DSV’s registered share capital before the capital increase and will account for approximately 11.0% of DSV’s registered share capital upon completion of the capital increase.

The New Shares, if issued, will rank pari passu in all respects with existing shares in DSV.

BNP PARIBAS, Danske Bank A/S, HSBC Continental Europe S.A., Germany, J.P. Morgan SE and Nordea Danmark, Filial af Nordea Bank Abp, Finland are Joint Global Coordinators and Joint Bookrunners.

Moalem Weitemeyer and Freshfields are acting as Danish and international legal advisors respectively to DSV. Plesner Advokatpartnerselskab and Clifford Chance (US) are acting as Danish and US legal advisors to the Joint Global Coordinators.

Global air freight markets showed continued strong annual growth in demand in August 2024. Total demand rose by 11.4% compared to August 2023 levels (12.4% for international operations). This is the ninth consecutive month of double-digit year-on-year growth, with overall levels reaching heights not seen since the record peaks of 2021.

Capacity increased by 6.2% compared to August 2023 (8.2% for international operations). This was largely related to the growth in international belly capacity, which rose 10.9% on the strength of passenger markets. Industry-wide capacity has reached an all-time high.

The sector recorded a second consecutive month of record high demand year-to-date. Even with record levels of capacity, yields are up 11.7% on 2023, 2.0% on the previous month, and 46.0% above pre-pandemic levels. This strong performance is underpinned by slow but steady growth in global trade, booming eCommerce, and continuing capacity constraints on maritime shipping.

Industrial production stayed level in August month-on-month and global cross-border trade fell marginally with -0.3%. In August both the Purchasing Managers Index (PMIs) for global manufacturing output and the PMI for new export orders were below the 50-mark at 49.9 and 48.4 respectively, indicating contraction. Inflation saw a mixed picture in August. In the US and EU, inflation rates fell to 2.6% and 2.4% respectively, the lowest rates since 2021. In contrast, Japan’s inflation ticked up 0.3 percentage points to 3.0%, the highest rate in ten months. China’s inflation rate continued its moderate upward trend, growing by 0.1 percentage points to reach 0.7%, the highest rate in six months.

Asia-Pacific airlines saw 14.6% year-on-year demand growth for air cargo in August – the strongest of all regions. Demand on the Asia-Africa, Asia-Europe and within-Asia markets grew by 21.2%, 18.4% and 16.1% respectively. Intra-Asia demand growth decreased by 5.0 percentage points from the previous month, partially linked to the social unrest in Bangladesh and Typhoon Shanshan in Japan. Both events impacted local logistics operations with airport closures and flight cancellations.

North American carriers saw 4.8% year-on-year demand growth for air cargo in August– the lowest of all regions. Demand on the Asia-North America trade lane, the largest trade lane by volume, grew by 9.3% year-on-year, while the North America-Europe route saw a more modest increase of 6.1%. August capacity increased by 2.4% year-on-year.

European carriers saw 13.5% year-on-year demand growth for air cargo in August. The Middle East–Europe trade lane led growth, up 28.9%, maintaining a streak of double-digit annual growth that originated in September 2023. The Europe–Asia route, the second largest market, was up 18.4%. Within Europe also saw double-digit growth, up 15.0%. August capacity increased 9.4% year-on-year.

Middle Eastern carriers saw 13.5% year-on-year demand growth for air cargo in August. As mentioned above, the Middle East–Europe market performed particularly well surging 28.9%, ahead of Middle East-Asia which grew by 13.5% year-on-year. August capacity increased 4.0% year-on-year.

Latin American carriers saw 14.2% year-on-year demand growth for air cargo in August. Capacity increased 8.0% year-on-year.

African airlines saw 7.5% year-on-year demand growth for air cargo in August. Demand on the Africa–Asia market increased by 21.1% compared to August 2023, maintaining a streak of double-digit annual growth that originated in the second half of 2023. August capacity increased by 11.4% year-on-year.

Total cargo traffic market share by region of carriers are Asia-Pacific 33.3%, Europe 21.4%, North America 26.9%, Middle East 13.5%, Latin America 2.8%, and Africa 2.0%.

STG Logistics announced the successful completion of a US$300.0 million debt and equity financing package. This financing, backed by STG's existing lenders and equity sponsors, will provide the Company with significant capital to fuel its ongoing expansion and strategic growth initiatives.

The new funding will enable STG to continue investing in innovative solutions, expand its service offerings, and enhance operational efficiency as it advances its mission of delivering best-in-class logistics services across the country.

ByBox has announced its rebranding to Thinventory, a strategic move that reflects its expanded capabilities and strategic vision. The rebranding is part of the Company's effort to better align its identity with its comprehensive suite of logistics solutions. Thinventory aims to enhance its service offerings and strengthen its market position by leveraging advanced technology and innovative logistics strategies.

The Company believes that the new brand will resonate more effectively with its clients and stakeholders, supporting its growth ambitions in the logistics sector. Thinventory's rebranding is expected to enhance its visibility in the market, enabling it to attract new clients and expand its customer base. By adopting a new identity, Thinventory aims to communicate its commitment to innovation and excellence in logistics services.

The Supervisory Board of Deutsche Bahn AG has approved the sale of DB Schenker to the Danish transport and logistics group DSV at an extraordinary meeting. At the same time, the federal government today granted the approval required for the transaction under the Federal Budget Code (BHO). The sale is expected to be completed in the course of 2025 once all regulatory approvals have been obtained.

On 13 September 2024, the Management Board of DB AG had signed an agreement under which it sells its logistics subsidiary to DSV for an enterprise value of €14.3 billion. Including the expected interest income until closing, the total sales value is up to €14.8 billion.

The sale of DB Schenker marks an important milestone for DB in its efforts to fully focus on restructuring the rail infrastructure in Germany and providing climate-friendly passenger and freight transport operations in Germany and Europe.

The proceeds from the sale will significantly reduce DB’s debt and thus make an important contribution to the financial stability of the DB Group. At the same time, DB Schenker will gain a strong strategic owner in DSV.

In December 2023, DB launched an open, transparent and non-discriminatory process for the sale of DB Schenker in accordance with EU law. As a result, DSV has prevailed with clearly the most economically advantageous offer for Deutsche Bahn.

DB Schenker, with around 72,700 employees at over 1,850 locations in more than 130 countries, will be able to continue its development in the future in partnership with DSV. Planned investments of around €1.0 billion euros in the coming years are intended to promote additional growth potential. DSV has made a clear commitment to German co-determination and to existing collective and company agreements.

DSV stated that it was ‘very pleased’ that Deutsche Bahn has confirmed that their two conditions for approving the sale of Schenker to DSV have been obtained. This means that it can continue its efforts to be ready for closing this transformational transaction according to the agreed plans.

Radiant Logistics, Inc. announced it has acquired the operations Focus Logistics, Inc., a Michigan, US based, privately held company with operations in Romulus, Michigan that has operated under the Company's Service By Air brand since 2006. The Company structured the transaction similar to its previous transactions, with a portion of the expected purchase price payable in subsequent periods based on the future performance of the acquired operations.

Originally founded in 2003 and operated by Terrie Evans and Cliff Kisielewski, Focus provides both domestic and international freight forwarding services in support of the marine, aerospace, brand management and trade show industries.

On a post-closing basis, Focus is expected to transition to the Radiant brand and will combine with existing company owned operations in the Detroit area and operate under the leadership of Cliff Kisielewski who will assume the role of General Manager for the newly combined organisation. Terrie Evans will be transitioning into a well-deserved retirement after over 30 years of service in the transportation industry.

Sin-Kung Logistics has signed a share sale agreement with Tan Sri Halim Mohammad and Puan Sri Mazmin Noordin to purchase 20 million shares, representing the entire equity interest in Prima Air for RM20.7 million in cash.

Sin-Kung intends to fund the acquisition through a combination of internally generated funds and/or bank borrowings.

Prima Air manages the sale and leasing of aircraft. It holds permits in Malaysia for non-scheduled commercial air transport operations. Sin-Kung expects that the acquisition will enable it to offer air feeder services and establish cargo agreements with airline customers to enhance their logistics capabilities.

The deal is expected to be completed by the end of 2024.

In a post close trading statement, Smiths News has reported a resilient trading performance during the second half of the 53-week period ended 31 August 2024. Adjusted Operating Profit for FY2024 is expected to be at least in line with market expectations of £38.2 million, reflecting a solid performance.

Moderate revenue growth of 1.1% was supported by additional sales volumes attributed to the men's UEFA European Championships, cover price inflation, ongoing traction from organic growth initiatives, and the additional week of trading in FY2024.

Management has continued to focus on operational efficiencies, delivering cost savings of £5.6 million in line with budgets, and growth initiatives are delivering an increasing contribution to profit, in line with expectations.

As announced in May 2024, the Group's Refinancing Agreement removed the previous dividend and distribution cap of £10.0 million per year, and the Group will therefore be implementing its revised capital allocation policy in respect of the dividend, maintaining 2x cover. The final dividend is expected to be paid in February 2025, further details will be provided in the full year results announcement.

The Company will report further on its performance and strategic progress in its full year results, which will be published on 05 November 2024.

Nippon Express has reached an agreement with the shareholders of SH HoldCo GmbH to acquire all the shares in SH HoldCo GmbH, a group of companies based in Germany specialising in contract logistics in the healthcare industry (Simon Hegele), for cash, and has entered into a sale and purchase agreement.

Simon Hegele, with consolidated sales of €318.0 million, is a contract logistics provider based in Karlsruhe, Germany, specialising in the healthcare industry. Simon Hegele provides logistics services from 58 locations, including warehousing, distribution, installation at delivery destinations, and other value-added services for large medical equipment. Simon Hegele has expanded their primarily Germany-based operations across Europe, the Americas and Asia Pacific. Furthermore, Simon Hegele has built a robust customer base by leveraging their highly-specialised logistics platform also meeting specific needs of blue-chip healthcare, industry and retail clients.

This Transaction will enable the Company to acquire a unique and scalable healthcare platform in Europe, a significant market for contract logistics. NX expect to receive highly complementary capabilities and synergistic value through the integration of Simon Hegele with the Company’s global network and international forwarding business, resulting in new growth opportunities.

Röhlig Logistics has expanded its global network by opening a new subsidiary in Dublin, Ireland. After over 20 years of successful collaboration, Röhlig has acquired a majority shareholding in its former agent, AirOcean Ireland, effective 01 August 2024. Starting in January 2025, the Company will operate as Röhlig Ireland.

With the launch of Röhlig Ireland, the Company is significantly strengthening its Northern European footprint. Establishing its own office in Dublin will enable the Company to support current and future customers even more efficiently. Thanks to its favourable geographical location, excellent transport links, and EU membership, Ireland serves as a key gateway between Europe, North America and the UK.

Garrett O’Brien, founder and director of AirOcean Ireland, will take on the role of Managing Director for Röhlig Ireland. His association with Röhlig dates back to the 1980s when he joined the Company in Australia and later worked in New Zealand, contributing to the growth of the Asia-Pacific region. In 1997, he returned to Ireland to establish AirOcean Ireland.

At Röhlig Ireland, the goal will be to drive growth by embracing the latest technological advancements in the logistics industry – while never losing sight of its people and ensuring that they remain the most integral part of the business.

Universal Logistics Holdings has announced the acquisition of Parsec, a prominent rail terminal operator. This strategic move is expected to significantly bolster Universal Logistics Holdings' capabilities in the rail logistics sector. Parsec, known for its extensive network and expertise in rail terminal operations, will be integrated into Universal Logistics Holdings' existing infrastructure. This integration is anticipated to enhance service offerings, operational efficiency, and overall market competitiveness.

Parsec's established presence in key rail terminals across North America will provide Universal Logistics Holdings with a robust platform to expand its rail logistics services. The acquisition aligns with the Company's long-term growth strategy and commitment to providing comprehensive logistics solutions. By leveraging Parsec's operational strengths, Universal Logistics Holdings aims to deliver more agile and efficient logistics services to its clients.

The acquisition also underscores Universal Logistics Holdings' strategic focus on expanding its service portfolio and enhancing its market position in the logistics industry. This move is expected to create synergies that will drive growth and innovation, positioning the Company as a leading player in the rail logistics sector.

Aston Martin has reported significant disruptions in its supply chain, leading to a reduction in production ramp-up plans. The luxury carmaker had anticipated a production increase in the second half of the year, but ongoing supply chain challenges have forced the Company to revise its outlook.

External factors within the global automotive industry, including supply chain disruption and weak demand in China, are now impacting Aston Martin's volume outlook for the remainder of 2024. Concurrent with the significant ramp-up in production for the second half of the year, following new model introductions, the Company is experiencing a growing number of late component arrivals due to disruption at several of its suppliers. As a result, an increasing number of vehicles are taking longer to complete, with these issues impacting the efficiency of its operations and delaying the delivery of its vehicles.

As a result, the Company has warned of lower profits for the year compared to 2023.

A decision has been taken to strategically re-align planned volumes, in line with the Company's demand-led strategy, commitment to quality and optimised production processes. The Company is addressing the supply chain challenges and continues to recognise the significant market opportunity that China represents as its macroeconomic environment improves.

Gebrüder Weiss is now partnering with Cargado, an invite-only load board for freight crossing into and out of Mexico. Gebrüder Weiss has significantly increased its presence at the southern border in the past few years, with enhanced cross-border services, key industry veteran hires, and two new Texas facilities – one in El Paso and another in Laredo. Its agreement with Cargado further extends the Company's ongoing cross-border logistics growth.

According to US Census Bureau data, trade between the US and Mexico totalled US$415.4 billion for the first half of 2024 (January through June). This is the highest total ever recorded for the time period, and the value of trade across the border is consistently breaking year-over-year records.

In addition to expanding its services, Gebrüder Weiss is partnering with select companies to optimise nearshoring logistics. Earlier this year, the Company announced a new relationship with Highway, a Carrier Identity software platform designed to provide clients with comprehensive information on freight carriers to prevent fraud. Similarly, Cargado's platform is invitation-only to enhance trust and end-to-end transparency.

Raben Group has announced its designation as Amazon's Preferred Carrier. Moving forward, all Amazon vendors can select Raben for deliveries to Amazon warehouses in Germany, Italy, Poland, or the Czech Republic. This partnership is made possible by the close proximity of Raben’s transport terminals to Amazon’s fulfilment centres, ensuring high-quality service and next-day delivery for all vendors.

Amazon Preferred Carrier is Amazon's dedicated programme for its suppliers with preferred logistics operators. It provides a guarantee to collaborate with qualified carriers and ensure the efficient scaling of Amazon's inbound supply chain. Preferred Carriers act as centres of excellence for Amazon's booking and delivery compliance, make out-of-hours and weekend deliveries, and guarantee next-day delivery for all suppliers.

Raben operates its own network in 15 European countries, to ensure reliable and fast transit times with daily fixed slots in all Amazon fulfilment channels. For the supplier, this means fewer administrative tasks (CARP booking) and full delivery compliance leading to fewer rejections and less no shows. Thanks to ETA, partners can track every shipment in real time, check its status at any time and plan all processes perfectly.

The close distance of Raben Group transport terminals to Amazon fulfilment centres facilitates fast, high-frequency and efficient flow of goods. Raben means guaranteed unloading capacity at Amazon's facilities. In addition, the Group ensures easy deployment of new suppliers in the Raben network through the dedicated myRaben platform.

Warehouse On Wheels (WOW), a provider of on-demand mobile storage trailers to manufacturing, distribution, and third-party logistics customers, announced the opening of its newest location in Monterrey, Mexico.

Located in the heart of Monterrey's industrial hub, the location will operate under the brand name ‘Almacenes Móviles’ and offer a wide range of storage trailers designed to cater to the diverse needs of businesses across various industries including automotive, plastics, and general manufacturing, retail distribution, and construction.

With this location, Warehouse On Wheels is poised to provide enhanced service and support to a growing customer base in northern Mexico, ensuring that businesses can efficiently scale and manage their storage needs without the constraints of traditional warehousing.

Since its inception in 2017, Warehouse On Wheels has expanded to over 40 locations across North America, amassing a fleet of more than 36,000 trailer units. The team has successfully managed and integrated numerous acquisitions and initiated several new greenfield locations. These strategic moves have positioned it in key markets, addressed network coverage gaps, and ensured close proximity to customers.

A further 31 million cases of goods a year are set to be moved across the UK by the Tesco rail network rather than by lorry, as Tesco continues to roll out its rail service, with the introduction of a tenth rail service this week.

The latest ‘Tesco train’ will move 600,000 cases per week, replacing more than 90 trips per week previously needed to move goods from its main distribution centre in Daventry, Northamptonshire on a 260-mile round trip to its regional distribution centre in Widnes in the Northwest.

The improvements will lead to a significant reduction in road miles – with this new service resulting in an annual emission saving of more than 6,000tCO2e.

The service brings the total number of cases moved by the Tesco rail network to more than 300 million cases per year.

With the launch of the tenth train service, the total number of cases moved around the country on the retailer’s rail network will increase to over six million cases per week – increasing to more than seven million during peak periods.

The train will be Tesco’s biggest service to date. By delivering by rail to Trafford Park, products are much closer to stores for the final step in the delivery process, with lorries collecting cases of goods off the train and delivering them direct to store.

The new service, in partnership with DRS and Maritime, will extend the network across the country moving both fresh and dry goods, and will bring the number of Tesco stores receiving deliveries by rail to 198.

Heavy goods vehicles make up around 21.0% of the UK’s domestic transport emissions and switching to rail can play a significant role in reducing the impact of moving goods around the country.

The new service will run six times a week (Monday to Saturday), and the retailer is working with its suppliers to ensure that the return leg of the service is used.

Suppliers benefitting from the route include L’Oréal, AB World Foods, PZ Cussons, and Heinz –with beauty, grocery and household products being moved on the service, in turn helping them reduce their emissions too.

The work being done to decarbonise the Tesco distribution network doesn’t stop there. In addition to moving from road to rail, the retailer is also working to optimise its road transport network by increasing the efficiency where it can. For example, the supermarket has introduced double decker trailers, leading to a 40.0% reduction of truck journeys. It has also worked with suppliers who ordinarily purchase transport on a one-way basis to help align orders. This has enabled Tesco suppliers to work together to purchase both legs of a journey, with 50.0% fewer vehicles required for these trips.

Chronopost, France's leading express delivery company for parcels weighing under 30 kg, is continuing to build up its Chronopost Pro digital platform for businesses sending fewer than 150 parcels a month. Launched a year ago, the new features are designed to meet all the parcel transport needs of small businesses, with reliable and attractive solutions for deliveries within France or to 230 countries and territories, express or express delivery, to the home or out-of-home, and for B2C or B2B customers.

Micro-businesses generate around 20.0% of the added value produced by French companies, and many of them are increasing their revenues through eCommerce. Most of them offer several delivery methods and order tracking on their website.

In 2023, Chronopost was the first French parcel carrier to launch a no-obligation offer dedicated to small businesses, with all-inclusive prices allowing them to choose their delivery time (express or fast). To develop this tool and understand their specific needs, Chronopost relied on feedback from customers.

Chronopost Pro offers attractive prices, with deliveries starting from €3.75 excluding VAT after discounts, free collections from purchases over €50 excluding VAT excluding options, and a full range of delivery services accessible in just one click to meet the expectations of their end customers: deliveries within France or to 230 countries and territories, to the home or out-of-home using Lockers and Pickup Points, both express and fast. A dedicated Pros customer service team is based in Poitiers, answering customers directly by telephone or Live Chat.

Over the past year, new features have been introduced to improve the customer experience for professional shippers, including electronic direct debit subscription and the ability to create 50 labels in a single action using file import.

Since June 2024, Prestashop e-tailers have been able to connect their shop to their Chronopost Pro account with no obligation. As a result, they can automatically generate shipping labels, track items, etc. From 2025, several marketplaces will be able to interface with Chronopost Pro. These features are particularly appealing because small e-tailers use an average of three sales channels (their own website and one or more marketplaces). They will be able to centralise the creation of their labels on a single interface and benefit from discounted rates on all their parcel labels.

Chronopost Pro welcomes over 2,300 new customers every month. This steady growth has enabled Chronopost to increase its digital sales by 30.0% in one year.

Around 70.0% of the volumes generated by Pro customers are for express deliveries anywhere in France or to 230 countries and territories, and 30.0% for express deliveries.

Chronopost Pro customers benefit from Chronopost's fleet of 1,400 low-emission vehicles. Chronopost is continuing its efforts to reduce its greenhouse gas emissions and is targeting net zero by 2040.

PGT Trucking has introduced Hammer Logistics, LLC as its new integrated brokerage partner. This partnership aims to enhance PGT Trucking's flatbed transportation services, offering improved logistics solutions for its clients. The collaboration is expected to streamline operations and provide more efficient transportation services, reflecting the Company's commitment to innovation and customer satisfaction.

Hammer Logistics, LLC will leverage its expertise in freight brokerage to optimise PGT Trucking's flatbed transportation network. The partnership will focus on improving load matching, reducing empty miles, and enhancing overall operational efficiency. By integrating Hammer Logistics' advanced brokerage platform with PGT Trucking's existing infrastructure, the companies aim to provide seamless and reliable transportation services to their customers.

For PGT Trucking, the partnership with Hammer Logistics is a significant step towards enhancing the Company's service offerings and meeting the evolving needs of its clients. The collaboration will enable PGT Trucking to offer more competitive rates, faster transit times, and improved visibility into shipment status.

The partnership also includes a focus on technology and innovation. Hammer Logistics will implement advanced analytics and machine learning algorithms to optimise route planning and load allocation. This will help PGT Trucking to reduce operational costs and improve service quality. The companies will also explore opportunities to integrate digital platforms and enhance customer experience through real-time tracking and automated notifications.

The introduction of Hammer Logistics as an integrated brokerage partner is part of PGT Trucking's broader strategy to expand its service offerings and strengthen its market position. The Company aims to provide comprehensive and flexible transportation solutions that meet the diverse needs of its customers in the logistics and supply chain sector.

Freightliner has launched the new Tilbury2 to Manchester Trafford Park intermodal rail freight service. This new service, transporting containers arriving from Europe, is particularly significant as it was made possible by the Access Charge Discount scheme, recently launched by Network Rail to support the launch of new services and encourage modal shift to rail.

This service is delivering significant modal shift removing HGVs from some of Britain’s busiest motorways and cutting carbon emissions by 76.0% compared to road. The launch of the service was made possible by the new Network Rail Access Charge Discount scheme, which provides a period of time where charges are waived, to grow volumes and enable the service to become financially sustainable.

The new scheme, announced by Network Rail, offers six months free track access charges to support the launch of a new rail services, helping to drive modal shift and incentivise businesses to use rail freight.

This new Freightliner service will depart from Tilbury2, one of London’s major ports, to Manchester Trafford Park running five days a week – it is the first service to utilise Network Rail’s new scheme.

Freightliner, along with industry partners, are committed to using the development of Network Rail’s new discount scheme as a springboard for a policy framework that delivers growth and drives modal shift into the future.

DP World has launched a second weekly container rail service connecting London Gateway and Southampton ports in the UK. The move aims to bolster UK supply chain resilience. It will also remover over one million truck miles a year, reducing carbon emissions.

The new mid-week train will be operated by Freightliner. It adds to the existing weekend service. It will provide customers with increased access to extensive storage and handling, freight forwarding and delivery services at London Gateway Logistics Park

Providing a cleaner and more cost-efficient way to move cargo across the country is a key priority for DP World in the UK, and modal shift has consistently proven to be a reliable and flexible solution.

JD Logistics has announced the launch of a new express delivery service from China to Japan and South Korea. This expansion caters to the growing demand for cross-border logistics solutions. JD Logistics' in-house couriers can collect parcels within one hour after an order is placed. The first order, originating from Shandong Province, involved a customer sending a file to South Korea using JD Express (also known as JINGDONG Express).

As a leading integrated supply chain service provider, JD Logistics has been at the forefront of innovation, pioneering same- and next-day delivery more than a decade ago. Today, the company fulfils over 90.0% of JD.com's retail orders within 24 hours. JD Logistics employs over 300,000 in-house delivery personnel and operates more than 1,600 warehouses in China and globally.

The rise of cross-border eCommerce has driven a significant increase in demand for express delivery services, particularly in Japan and South Korea. Since launching its international express operations in late 2023, JD Express has introduced two major services: "International Express" and "International Standard Express." These services now cover nearly 30 countries and regions, offering tailored solutions to meet the diverse needs of both merchants and consumers.

In addition to express delivery, JD Logistics is focused on extending its world-class supply chain and warehousing capabilities to international markets. In South Korea, the Company has partnered with a leading eCommerce platform to fulfil orders between South Korea and Japan. Leveraging JD Logistics' advanced warehousing network, the partnership enables same-day processing and shipment of orders, reducing delivery times by over a day compared to the local industry standard and significantly enhancing the customer experience. JD Logistics has seen exponential growth in business volume throughout 2023 and plans further investments in Japan and South Korea to support this momentum.

Neste is enhancing its chemical recycling capabilities by collaborating with Tepsa Netherlands on the storage and handling of liquefied waste plastic in Rotterdam, the Netherlands. This partnership, focused on the implementation of advanced aggregation tanks, underscores the Company's commitment to expanding its liquefied waste plastic processing capabilities and advancing the circular economy. Following successful industrial-scale processing runs, Neste is moving towards using larger quantities of liquefied waste plastic as a raw material at its Porvoo refinery in Finland and turning it into Neste RE, a high-quality recycled drop-in feedstock for the production of new plastics and chemicals.

The aggregation tanks will be located in the Port of Rotterdam to optimise supply chains and streamline logistics. As Neste is securing liquefied waste plastic supply through various suppliers across Europe, this central and major logistics hub offers seamless connectivity to the continent's expansive infrastructure.

The state-of-the-art tank solution and surrounding infrastructure will ensure safe and reliable storage of liquefied waste plastic. The preparation and installation of the tanks have been meticulously planned demonstrating both companies' commitment to safety and excellence. The tanks are expected to be operational in the second half of 2025, matching the schedule for the ongoing construction of capacity upgrading facilities for liquefied waste plastic in Porvoo.

Neste is advancing chemical recycling of plastic waste and has the ambition to process over one million tons of plastic waste per year. To process larger amounts of liquefied waste feeds, ii is building upgrading capacities for 150,000 tons of liquefied waste plastic per year. it is using raw materials like liquefied waste plastic or liquefied discarded rubber tyres and refine them into high-quality drop-in feedstock for the production of new plastics.

AJW Group has announced the expansion of its partnership with Modern Logistics, a Brazilian cargo operator, through a Power-by-the-Hour (PBH) contract. This strategic agreement is designed to support Modern Logistics' fleet of Boeing 737-800 aircraft, enhancing operational efficiency and service delivery.

The PBH contract will enable Modern Logistics to benefit from AJW Group's extensive inventory and supply chain management expertise, ensuring the availability of critical components and reducing aircraft downtime. This collaboration underscores AJW Group's commitment to providing tailored solutions that meet the specific needs of its partners in the aviation sector.

By leveraging AJW Group's global network and technical capabilities, Modern Logistics aims to optimise its fleet operations, thereby improving service reliability and customer satisfaction. This partnership is expected to play a pivotal role in Modern Logistics' growth strategy, as it seeks to expand its market presence in Brazil and beyond.

The agreement highlights the importance of strategic partnerships in the aviation industry, where operational efficiency and cost-effectiveness are paramount. Both companies are poised to benefit from this collaboration, which aligns with their long-term business objectives.

The LEGO Group, the world’s largest toy company, is expanding its partnership with Kuehne + Nagel by opening a new distribution centre in Truganina, located in Australia’s southeastern state of Victoria.

Spanning 26,500 m2 and equipped with a storage capacity of 26,000 pallets, the new distribution centre is designed to serve LEGO’s customers for both B2C and B2B across Australia and New Zealand. The facility leverages cutting-edge automation to optimise operational processes while adhering to sustainability. Its automation is designed with sustainability in mind, featuring state-of-the-art carton-reducing technology to minimise packaging and waste.

The facility also integrates a dual 100kW solar panel system to reduce electricity consumption and contribute excess power back to the grid. Water saving technologies support on-site amenities and irrigation for the surrounding plants and trees. The distribution centre has achieved a 5-star Green Star Rating, which signifies 'Australian excellence' in sustainable building practices according to the Green Building Council of Australia (GBCA) standards.

Wincanton has won a new four-year contract with Brompton Bicycle, the UK’s largest bike manufacturer and creator of the iconic folding bike. Under the new contract, Wincanton will provide warehousing and transport services for Brompton Bicycle as it continues its growth trajectory in the UK and meets customer demand.

In order to streamline Brompton’s logistics operations, drive efficiencies and increase sustainability, Wincanton will consolidate Brompton’s existing network of warehouses across London into a single facility in Greenford, West London. The site, located close to Brompton’s manufacturing facility, will be operated by Wincanton on behalf of the business.

Great British Sports Cars reports that its continuing logistics partnership with Davies Turner is helping to underpin its expansion into global markets. That partnership has seen Davies Turner recently handle the shipment of two of the car manufacturer’s iconic Zero vehicles from the UK to the US.

The two cars shipped recently were in kit form and had to be carefully packed in bespoke crating prior to shipment, to ensure they were in perfect condition on delivery and ready for final assembly.

Since their first collaboration in 2021, Davies Turner has become the go-to freight forwarder for GBS, efficiently managing both FCL and LCL shipments mainly to North America. With numerous shipments per year, Davies Turner ensures that GBS's handcrafted sports cars, fully built, or in kit form, reach their destinations promptly and securely. The forwarder also expedites the urgent shipment of parts and spares via air freight.

While GBS continues to captivate motoring enthusiasts with its versatile range of custom-built sports cars and customisable kits, Davies Turner provides seamless logistics support from the factory floor in the UK to the customer’s door.

GXO Logistics has announced a new strategic partnership with Forum Sport, a leader in the distribution of sports equipment. GXO will handle B2B and B2C order preparation and distribution, returns and other value-added activities from two warehouses located in Vitoria and Basauri, North of Spain.

GXO’s advanced technology will play a crucial role in optimising these operations. GXO’s expertise in automated systems, including the Automated Storage and Retrieval System (ASRS), will ensure efficient and accurate warehouse management, significantly improving productivity and customer satisfaction.

This agreement strengthens GXO’s presence in the North of Spain while enabling it to demonstrate its technological and operational capabilities managing highly automated warehouses as well as industry leadership in the sports equipment sector.

For Forum Sport, this agreement not only represents a significant step in improving its supply chain, but also reinforces its commitment to excellence and customer satisfaction. This collaboration will allow it to adopt best practices in operational efficiency, resulting in a more robust and agile supply chain.

Hellmann Worldwide Logistics has announced a contract logistics partnership with the iconic fashion-sport brand Lacoste in Mexico. As part of the cooperation, Hellmann is managing a dedicated, full-service distribution centre for Lacoste Mexico.

Operating out of a state-of-the-art 11,000 m2 warehouse in Mexico City, Hellmann manages the supply of 45 retail locations and direct to consumer shipments across Mexico. The array of services provided by Hellmann includes receiving, inventory management, as well as pick, pack and ship operations for outgoing B2B and eCommerce orders.

Since Hellmann established its fashion logistics division over two decades ago, the freight forwarder has evolved into a leading provider of end-to-end logistics from production facilities to point of sale for several players in the fashion and retail sector. In addition to contract logistics services, a network of regional teams of experts situated in major markets provide flexible omni-channel concepts, eCommerce, fulfilment and logistics solutions around the globe.

2GO, the Philippines’ leading end-to-end logistics provider, has partnered with Bankerohan, Davao City’s largest wet market and the region’s main hub for fresh produce and seafood, to deliver said goods directly to customers nationwide.

With 2GO’s advanced logistics, including temperature-controlled transport, delivering fresh fruits from Davao to any part of the Philippines is now more convenient. Partnering with 2GO will allow people and markets in other parts of the country to experience the unique offerings of Bankerohan as a source of fresh produce, starting with the abundant fruits and vegetables of Mindanao.

Farmers, traders, and merchants can ship directly from Bankerohan to destinations across the country, without incurring additional handling and trucking costs. This also shortens time-to-market, a critical factor for fresh produce, reducing the risk of bruising and spoilage.

2GO’s extensive logistics network and expertise in handling perishable goods make it the ideal partner for Bankerohan, further supporting local businesses and celebrating Davao City’s rich agricultural heritage.

This partnership not only boosts the local economy but also ensures that the fruits of Davao City can be enjoyed by people all over the country, fresh and ready to eat.

DHL Supply Chain has announced the extension of its long-standing partnership with Volkswagen Slovakia. The collaboration, which began in 2010, was contractually agreed for the next five years after a successful selection process. DHL Supply Chain's thus strengthens its position as a key logistics partner to the automotive industry.

Under the new agreement, DHL Supply Chain Slovakia will continue to provide intra-company logistics services for the Volkswagen Slovakia plant in Bratislava, including supplying production lines at the plant. Leveraging extensive experience in automotive logistics, DHL Supply Chain will support the production facility in maintaining the highest production standards.

The Volkswagen Slovakia plant in Bratislava, spanning an area of more than two square kilometres, produces eight models under four different Volkswagen Group brands. DHL Supply Chain provides comprehensive internal logistics solutions for the plant, including freight management, receipt of production materials and material handling, packaging management, and the delivery of components at the right time and in the right quantity based on individual production cycle cadence. With over 2,400 employees on site, DHL's logistics experts ensure a smooth process, making an important contribution to production efficiency.

The partnership in Slovakia is just one part of a broader cooperation between DHL Supply Chain and Volkswagen in various markets, making DHL Supply Chain one of the key logistics partners to the automotive industry.

UPS has opened a healthcare-focused logistics facility in Hyderabad, India that complies with pharma industry Good Distribution Practice (GDP) standards. Specifically designed for the Indian pharmaceutical industry, the facility, features advanced temperature control and global freight forwarding capabilities, which will enhance the distribution efficiency and safety of sensitive pharmaceutical products.

The cross-dock facility has capacity to store 15 pallets in +15C to +25C, seven pallets in +2C to +8C and 50 pallets under uncontrolled ambient conditions, eliminating the need for prolonged warehouse storage.

The facility serves as a safety net for critical shipments, ensuring that even in contingency situations, vital shipments remain protected. It maintains high-quality standards throughout the supply chain, contributing to patient safety through detailed documentation and traceability. This enhances accountability and enables efficient recall processes when necessary.

CTP has leased 33,000 mw of warehouse and office space at CTPark Prešov North to DEJONG, a leading manufacturer and supplier of stainless-steel hot water tanks. This is the first occupant for CTPark Prešov North, which comprises 43.5 hectares of land in total and a GLA of 200,000 m2.

DEJONG operates as a stand-alone business within Rheem Global Water and is the top manufacturer of water heating products in North America. It selected CTPark Prešov North after a comprehensive site selection process and its new facility comprising 29,800 m2 of warehouse space and 3,200 m2 of office space, will provide a geographically strategic base from which to meet the increasing demand for hot water tanks across Europe.

Construction has already started on site and is scheduled to finish in early 2026. It is anticipated that the state-of-the-art manufacturing facility and office space will create hundreds of jobs and also significantly boost the local supply chain. Since Rheem acquired DEJONG in 2022, the Company has doubled production capacity and invested in long-term growth. This presence in Slovakia will allow DEJONG to further extend its leadership in the European market.

DEJONG selected Eastern Slovakia because of its skilled and multi-lingual workforce, experienced builders, the presence of well-developed rail and road infrastructure and strong support from the local government.

CTPark Prešov North holds a strategic position in Prešov, the third-largest city in Slovakia. The Prešov region benefits from extensive transport connections throughout Slovakia and is well-positioned for crossborder co-operation and trade with Poland, which is located only 70 km from Prešov. The area also boasts a highly skilled workforce, competitive labour costs, a diversified local economy with a strong industrial heritage and the highest available level of state aid. CTP is the market leading developer of industrial and logistics properties in Slovakia, with 803,000 sqm of GLA across 14 parks.

Major foreign direct investment is being attracted to this part of Central Eastern Europe (CEE) as it experiences rapid economic growth. Volvo Cars recently announced it was investing around €1.2 billion in a major new manufacturing plant in Košice in east Slovakia. While BMW Group and E.ON Hungária Group are building Hungary’s largest solar plant close to Debrecen in the east of the country that is expected to provide enough electricity to power 200,000 households.

Vetropack has inaugurated a fully automated warehouse at its Boffalora sopra Ticino site in Italy. This new facility is expected to significantly enhance the Company's operational efficiency by streamlining storage and retrieval processes. The warehouse features state-of-the-art automation technology, including automated guided vehicles (AGVs) and advanced inventory management systems, which will improve inventory accuracy and reduce operational costs.

The new warehouse spans 15,000 m2 and is equipped with high-density storage systems that can handle a wide variety of glass products. The automation technology allows for real-time tracking of inventory, ensuring that stock levels are optimised and reducing the risk of overstocking or stockouts. This development aligns with Vetropack's strategy to leverage technological advancements to optimise its logistics and supply chain operations.

Vetropack's investment in this automated warehouse is part of a broader initiative to modernise its logistics infrastructure across Europe. The Company aims to enhance its service offerings and improve customer satisfaction by reducing lead times and increasing the reliability of its supply chain. The Boffalora sopra Ticino site was chosen for this investment due to its strategic location, which provides excellent connectivity to major transportation networks in Italy and beyond.

CTP is expanding its partnership with cargo-partner, a full-range info-logistics provider, with the leasing of 7,800 m2 at CTPark Cluj. CTPark Cluj is located on the crossroads of the main western and north-south highways on the western edge of the booming university city of Cluj, in the heart of the Transylvanian region in Romania.

The newly leased warehouse at CTPark Cluj marks a significant milestone in the ongoing collaboration between the two companies, which began in 2015 with cargo-partner’s initial warehouse at CTPark Bucharest West.

This partnership has steadily expanded, now encompassing facilities at CTPark Timișoara Ghiroda and further extending into CTPark Cluj. Altogether, cargo-partner occupies a total of 28,000 m2 across CTP’s portfolio in Romania.

cargo-partner serves a diverse range of clients across key sectors of the economy, including automotive, high-tech, retail, fashion, food, and pharmaceuticals. The Company provides air, sea, rail, and road transportation services, along with warehousing and distribution.

CTPark Cluj is strategically situated on the western periphery of Cluj-Napoca, a dynamic hub known for its innovation and commercial vigour within the Transylvanian region. Positioned at the intersection of the E60 East-West and A3 North-South highways, the park offers a comprehensive range of A-class facilities suitable for manufacturing, logistics, and research and development activities. Notably, Cluj University, ranked 4th in Romania, ensures access to a skilled workforce supported by an international airport, further enhancing its attractiveness as a prime business location.

GLP is embarking on a major new regeneration project in Germany following the purchase of a 128,000 m2 development site from Renault Deutschland AG as part of a sale and leaseback transaction.

Situated in Brühl, south of Cologne, the development benefits from excellent transportation connections including both the A1 and A4 motorways. The orbital motorway around the Cologne metropolitan area also offers a fast connection to major cities in North Rhine-Westphalia and to the wider country.

As part of the transaction, GLP will develop a new 27,300 m2 state-of-the-art, purpose-built, logistics facility on the site for Renault. The automotive manufacturer will continue to manage its spare parts logistics operation for Germany from its existing warehouse on the site while work commences on the new building.

Alongside Renault’s new facility, GLP will develop further buildings for logistics and small-scale commercial operations at the site alongside the new BTS (built-to-suit) facility. These new buildings will provide around 40,000 m2 of modern usable space and will be made available to prospective customers following completion, expected in the first half of 2028.

Once completed, both complexes will target a ‘DGNB Gold’ standard and benefit from the latest sustainability features. The roofs will be equipped with solar PV systems, ensuring the availability of clean solar energy and will include modern heat pumps, rooftop greenery, charging stations for electric vehicles and energy-saving LED lighting.

Panattoni has signed a pre-lease agreement with DPD for a 5,390 m2 facility at its net zero carbon Panattoni Park Sittingbourne development in Kent, UK Subject to planning approval, Panattoni expects to start construction of the facility, which comprises the second phase of the park, in the fourth quarter of this year and complete it in the third quarter of 2025. Panattoni is targeting a BREEAM sustainability rating of ‘Excellent’ and an EPC rating of ‘A’.

Panattoni is already under construction with the 59,920 m2 first phase of development at the park, comprising two units of 40,875 m2 (S440) and 19,045 m2 (S205). Completion of these two units is expected in March 2025.

All units are being developed with enhanced sustainability measures within the base specification, including the installation of roof-mounted solar panels and electric vehicle charging points. The park has 5MVa of power available with a further 1.35MVa of power generated from the solar panels.

Panattoni is investing £170.0 million in the development of the park, which is strategically positioned between London and Dover, four miles north of junction 5 of the M2.

Catena has signed an agreement with DSV Road to acquire the largest logistics centre in Denmark, located in Horsens. This strategic acquisition is set to enhance Catena's logistics capabilities and expand its footprint in the Danish market.

The property, which is a significant asset in the logistics sector, will provide Catena with a robust platform to support its growth ambitions. The acquisition aligns with Catena's strategy to strengthen its presence in key logistics hubs and improve its service offerings.

Glencar has completed the construction of a 22,300 m2 carbon-neutral warehouse and office complex in West Dublin for PRL Logistics. This state-of-the-art facility is designed to support PRL Logistics' operations with a focus on sustainability and efficiency.

The 24-week project involved a full-fit out, including racking, sprinklers, lighting, M&E installations and associated civil engineering and enabling works. The new development, situated at Aerodrome Business Park in Baldonell (Unit R), was developed by Exeter Ireland and is conveniently located near other PRL facilities.

The new complex is a significant milestone for both Glencar and PRL Logistics, reflecting their commitment to reducing environmental impact and promoting sustainable practices in the logistics industry. The facility is expected to enhance PRL Logistics' service capabilities and operational efficiency.

Menzies Aviation is to open a new facility in Australia, as part of the Western Sydney International (Nancy-Bird Walton) Airport (WSI) Cargo Precinct in late 2026. The long-term lease will see Menzies operate a 22,500 m2 facility for the next two decades, during which time the Company will specialise in handing pharmaceutical and cool chain products, eCommerce and heavy cargo from a 12,500 m2 warehouse.

With a state-of-the-art Elevating Transfer Vehicle (ETV) system capable of handling over 150 main deck ULD’s, local teams are expected to handle in excess of 150,000 tonnes annually.

Boasting direct airside access, multiple freighter bays adjacent to the warehouse and compatibility with autonomous vehicles and robotic solutions, this cutting-edge facility presents countless benefits to Menzies’ airline and freighter customers.

With WSI set to offer 24/7 aircraft and landside operations, the airport will provide more flexibility and substantially increased peak-time capabilities for critical supply chains. In fact, from day one, WSI’s Cargo Precinct will boost Sydney’s air cargo capacity by around 33.0%.

The Cargo Precinct’s strategic east coast location and proximity to Western Sydney’s rapidly growing industrial hubs will also provide unparallelled benefits and opportunities for farmers, manufacturers and other exporters to grow their businesses into the future.

J.B. Hunt Transport and UP.Labs, a first-of-its-kind venture lab unlocking the future of transportation and mobility, announced their establishment of the Logistics Venture Lab (LVL).

The logistics and freight-focused lab will aim to launch as many as six startups over the next three years to solve core strategic challenges within the industry. The startups, the first of which the companies target to begin launching in 2025, are inspired by opportunities to drive efficiency and solve common problems faced by providers in the logistics and freight transportation space. They will focus on key industry service areas such as brokerage, dedicated, intermodal and truckload, among others.

From the inception of modern intermodal transit to digital freight matching platforms to emerging safety technology and beyond, J.B. Hunt has always been people focused, technology empowered and capacity driven. The collaboration with UP.Labs will continue this journey as they look for new ways to disrupt, adapt and accelerate across the transportation industry.

UP.Labs is a venture lab and a core part of the UP.Partners ecosystem, which includes mobility investment fund UP.Ventures and the annual UP.Summit, an event that brings together 300 of the world’s most innovative minds rethinking the future of transportation.

UP.Labs believes that partnering with leading corporations in the mobility space is the fastest way to make an impact on the challenges our society faces. Since its founding in 2022, UP.Labs has worked with corporate partners to identify their most pressing challenges and launch start-ups built by proven entrepreneurs, product leaders, and technologists to develop transformative solutions. Once these companies have matured, the corporate partners will have the option to acquire them. J.B. Hunt represents UP.Labs’ fourth corporate partnership with the mission of bringing innovation to the forefront of the transportation industry.

The planning and execution of last-mile delivery are crucial to daily operational efficiency while also having a significant impact on PostNord’s environmental footprint. Optimising these routes can lead to substantial reductions in fuel consumption, lower emissions, and contribute to more sustainable operations.

Significant progress has been made toward electrifying the entire last-mile fleet to meet PostNord’s climate targets. This makes route optimisation even more critical. By optimising routes, the Company can reduce the number of vehicles needed. This means that investment in new electric vehicles can be lower, as the demand for vehicles decreases with improved route efficiency.

The Company’s Optimal Routes project aims to replicate peak season productivity daily. This work involves creating a dynamic and efficient routing system that maximises the utilisation of vehicles and resources. The main purpose is to look into how to recreate peak periods every day.

Initial results from this project have been promising, showing increased productivity and reduced vehicle and device usage.

The Company’s Change Management Expert is instrumental in ensuring route optimisation solutions are adaptable and ready for implementation. It emphasises the importance of flexibility in managing fluctuating parcel volumes and workforce requirements. There is a two-pronged approach to achieve the optimal condition: flexible sizing of routes through ‘buffer routes’ and developing a flexible workforce.

The next critical step involves automating many of these processes using advanced data analytic tools. This will enhance both the efficiency and adaptability of the route optimisation efforts.

Thanks to these initiatives and the standardisation of new processes, the Company envisions a future where operational and commercial capabilities are significantly enhanced across the Nordic region.

SEGRO has completed its largest solar panel installation in London, UK, at SEGRO Logistics Centre Faggs Road, which is located a few minutes from Heathrow Airport. The project is in partnership with its customer, GEODIS.

SEGRO has been working closely with GEODIS, which occupies a 8,970 m2 unit in Hounslow, to install 1,750 PV panels on its roof, with installed capacity 700 kWp. The energy produced by this solar array is equivalent to powering 75 homes and saves as much carbon annually as planting 5,445 trees.

The project aligns with the Responsible SEGRO commitment to Champion low-carbon growth and requirements of the Heathrow supply chain, where businesses are expected to demonstrate low-carbon building practices to support the airport's sustainability goals.

As part of the initiative, SEGRO was able to secure a Power Purchase Agreement that enables the customer to benefit from cheaper electricity.

The installation is linked to GEODIS’ recent lease renewal and as part of the agreement, SEGRO installed six electric vehicle charging stations, furthering the sustainability credentials of the development.

SEGRO Logistics Centre Faggs Road is located within minutes of Heathrow Airport. As well as being in a prime position with easy access to the A30, the development is well connected with the M25 within six miles to the west, giving swift access to the UK's motorway network.

Plug Power Inc. is collaborating with Carreras Grupo Logístico to launch a complete green hydrogen ecosystem in Spain. The initiative will aim to establish, through a fuel cell technology advantages validation project, the first hydrogen-powered logistics site in Spain at Carreras Grupo Logístico's logistics centre in Masquefa, Barcelona.

Plug is working with Carreras to replace existing lead-acid battery-powered forklifts with hydrogen fuel cells to support decarbonisation and efficiency improvements of Carreras Grupo Logístico’s operations. The transition to green hydrogen will improve energy efficiency, productivity, and sustainability while reducing operational costs.

The project at Masquefa will serve as a testing site to evaluate the improvements using Plug’s technology over batteries. Insights gained from the project will be used to scale the hydrogen fuel cell technology across other sites in Spain and integrate it into Carreras Group’s core logistics business that includes 46 warehouses.

If the project is successful, Plug will deliver to Carreras Grupo Logístico a complete green hydrogen ecosystem, including hydrogen fuel cells, a 1 MW (megawatt) electrolyser, and a hydrogen refuelling station.

The work with Carreras Grupo Logístico ushers in a landmark moment: the first hydrogen-powered logistics site in Spain, highlighting the transformative potential of hydrogen-powered solutions to achieve the twin goals of decarbonisation and operational gains in the logistics sector.

The benefits of hydrogen fuel cells over lead-acid batteries are vast: fuel cells can be refuelled within minutes compared to several hours for batteries. The technology increases productivity by minimising equipment downtime and requires less frequent servicing for a significantly reduced operational cost. Moreover, hydrogen fuel cell technology contributes to reducing the carbon footprint – a priority for Carreras Grupo Logístico.

The global market for hydrogen fuel cell forklifts is growing, with increasing adoption in North America, Europe, and Asia. Major companies like Amazon and Walmart have already deployed tens of thousands of hydrogen fuel cell forklifts in their operations, citing improved productivity and cost savings as key benefits.

DHL Global Forwarding, Freight and Alexion, AstraZeneca Rare Disease, are strengthening their collaboration, which began in 2015, with a pioneering step towards more sustainability. The two partners will use hydrogenated vegetable oil (HVO) as an environmentally friendly alternative to conventional diesel for the European road transport of pharmaceutical products.

The use of HVO, one of DHL's sustainable approaches, will reduce annual Greenhouse Gas (GHG) emissions by up to 90.0% compared to diesel fuel. The initiative covers both domestic and international routes from the Dublin and Athlone facilities.

With this change, Alexion is taking on a pioneering role in the pharmaceutical industry in Ireland. With 500 HVO-based deliveries annually to ten European countries, the cooperation between DHL Global Forwarding, Freight and Alexion, AstraZeneca Rare Disease sets new standards for sustainable logistics in the pharmaceutical industry.

This partnership fits seamlessly into the DHL Group's sustainability strategy, which aims to reduce all logistics-related emissions to net-zero by 2050. It underlines DHL's ability to develop innovative and customized solutions for specific customer requirements while making a significant contribution to decarbonizing transport and logistics.

DHL Express and the PPDTM clinical research business of Thermo Fisher Scientific, the world leader in serving science, have joined forces to drive more sustainable clinical research services for the pharmaceutical and biotech industries. The PPD clinical research business will use DHL Express' GoGreen Plus service and invest in sustainable aviation fuel (SAF), a drop-in fuel that can be used in most conventional aircraft, to reduce emissions from air transportation.

The collaboration enables the PPD clinical research business, and by extension, its customers, to reduce greenhouse gas emissions associated with global clinical research air shipping logistics by up to 80.0% while maintaining rapid shipping timelines, sample chain of custody and quality. It reflects Thermo Fisher's commitment to sustainability and enhances the PPD clinical research business' leadership in environmental innovation, which also includes a variety of initiatives such as renewable energy for powering clinical trial sites and labs.

Thermo Fisher supports the urgent calls for action from scientists around the world to address climate change and has committed to achieving net-zero emissions by 2050. This commitment, along with the Company's near-term climate targets, are aligned with the Paris Agreement and the 1.5C trajectory and have been validated by the Science Based Targets initiative (SBTi).

In clinical research, deliveries need to be made quickly, often overnight, which limits options for reducing carbon emissions, since most packages must be air shipped. Given this constraint on changing transportation modes, the greatest short-term opportunity to reduce shipping emissions lies in using more sustainable fuels for air transport.

Insetting through DHL GoGreen Plus enables customers to reduce their Scope 3 emissions, the indirect greenhouse gas emissions generated in a company's value chain, including downstream transportation and distribution. In contrast to offsetting initiatives, DHL GoGreen Plus (insetting) reduces emissions within the logistics sector and can therefore be used by DHL customers for voluntary emissions reporting based on the ‘book and claim approach’.

Forward Air Corporation announced that Jerome Lorrain has been appointed to Forward’s Board of Directors from 01 October 2024.

Mr. Lorrain has over 30 years of experience serving in a variety of roles in the logistics and transportation industry. He previously served as Chief Operating Officer of CEVA Logistics and currently serves as director of Log-Hub, a supply chain solution and optimisation company, and as the executive chairman of FluentCargo, a routing solutions provider. Additionally, Mr. Lorrain formerly served as a Director of SeaFrigo and as the Chairman of Arrive Logistics and Pilot Freight Services.

The Company also announced that R. Craig Carlock has decided to step down from the Board, effective 15 October 2024, consistent with Forward’s commitment to ongoing refreshment.

Following Mr. Carlock’s departure, the Board will continue to be comprised of twelve directors, eleven of whom are independent and seven of whom have been appointed since closing of the Omni transaction.

As of 01 September 2024, the former Head of Region Europe at Lufthansa Cargo has taken over the position of Head of Global Fulfilment Management in Frankfurt. Since the beginning of the month, he has been responsible for global warehouse handling, the further development and management of the production system as well as customer service at the cargo airline and is the contact person for the responsible authorities.

With 13 years of experience in the aviation industry in the areas of network management, strategy and sales, Oliver von Götz can draw on a wealth of experience. Before joining Lufthansa Cargo, he was Head of Corporate Airline Strategy and Business Development Lufthansa Airlines within the Lufthansa Group.

Oliver von Götz succeeds Dr. Jan-Wilhelm Breithaupt, who took over as Managing Director of jettainer, the global market leader in unit load device (ULD) management services and a wholly owned subsidiary of Lufthansa Cargo, on 01 June 2024.