Hellmann takes over logistics for Lacoste in Mexico
Centralised Distribution from Mexico City Hellmann Worldwide Logistics, a global logistics and transport company, is taking over contract logistics for the sportswear brand Lacoste in Mexico. From its 11,000 square metre distribution centre in Mexico City, Hellmann organises deliveries to 45 retail outlets. Direct deliveries to private customers throughout the country will also be handled. Services include goods receipt, inventory management […]
Mäurer & Wirtz: Fragrance licence for Tom Tailor
Mäurer & Wirtz, a well-known perfume manufacturer, will take over the brand licence for Tom Tailor Fragrances from Luxess GmbH as of 1 January 2025. This expansion will add another brand to the portfolio of the company, which is one of the largest perfume manufacturers in Germany. Tom Tailor is primarily known for mainstream fashion. According to Stephan Kemen, CEO of Mäurer [...]
Increased airfreight surcharge at Lufthansa Cargo
Lufthansa Cargo will incorporate the rising costs of Sustainable Aviation Fuel (SAF) into its Air Freight Surcharge (ASC) from January 1, 2025. From 2025, there will be a statutory SAF blending quota of 2 percent in the EU. Other countries are also planning or have already introduced mandatory SAF quotas. SAF stands for Sustainable Aviation […]
SAF's commitment to sustainable air travel
Collaboration between DHL and Formula 1 DHL and Formula 1 are cooperating to promote sustainability in air travel by using Sustainable Aviation Fuel (SAF). Since the Australian Grand Prix in March this year, Formula 1 has been using the DHL GoGreen Plus service to reduce CO₂ emissions from flights compared to […]
Voith gets new boss
Digitalisation Expert as CEO At technology group Voith, Dirk Hoke will succeed Toralf Haag in the spring of next year. As Haag will be leaving the company on 31 August and Hoke can only take up the position on 1 April 2025, Andreas Endters will temporarily lead the Voith Group. In parallel, Endters will continue to [...]
Otto Group: New Head of Strategy
Logistics expert takes over leadership of Strategy & Transformation at Otto Group. The position of Chief Strategy Officer at Otto Group will be newly filled on 1 October 2024. Olaf Schabirosky will then take over the leadership of the Strategy & Transformation division at the Hamburg-based retail group. The position had been vacant following the death of Christoph Schulte, who had held the [...] until summer.
BMW lowers expectations
Automaker adjusts annual forecast for 2024. BMW AG is now somewhat less optimistic and has consequently lowered its forecast for 2024. The trigger for this forecast adjustment is said to be delivery stop-sales and recalls concerning the integrated braking system (IBS). The Munich-based group speaks of additional burdens in the Automobile segment in this regard. Due to delivery stop-sales, according to BMW's explanations […]
Tönnies buys parts of Vion
Takeover of the majority of the German beef business The Tönnies Group is taking over part of the German activities of the Dutch Vion Food Group. According to Vion, the two companies have signed a preliminary agreement for the purchase of the majority of Vion's beef activities in Germany. Vion itself announced in January of this year that it would be reviewing its German business. The planned […]
Coolblue grows in Germany
Online retailer invests €150 million Dutch online retailer Coolblue, which specialises in consumer electronics, recently announced accelerated growth in Germany. The company, which also operates physical stores, will open 36 stores and nine delivery depots in Germany, according to its press release. This is planned to happen within the coming years. The company is also reportedly working intensively on [...]
Daimler Truck: New Chairwoman of the Board of Management
Successor to Martin Daum At Daimler Truck Holding AG, Karin Rådström will succeed the current CEO Martin Daum. The Supervisory Board has appointed Rådström as the new Chief Executive Officer until 31 January 2029. Rådström will assume this position on 1 October this year. Martin Daum will remain an ordinary board member for the [...] until 31 December.