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June sees first drop in general cargo spot rates since November

After several months of sometimes significant increases - between November and May, the Pamyra/DVZ general cargo price index rose by almost 30 per cent - prices on the spot market have come under greater pressure again. In June, the index fell…
Road

Poland announces border checks on Germany and Lithuania amid migration dispute

Poland will introduce controls from 7 July to 5 August at 50 crossings on the German border and along its frontier with Lithuania, Warsaw’s Interior Ministry confirmed. Checks will target key routes, including the A12 at Swiecko, A4 at…
General cargo forwarding

Geis expands network with third acquisition in seven months

German logistics group Geis is acquiring Rodgau-based Agotrans Logistik, marking its third takeover within seven months. The deal strengthens Geis’s footprint in the Rhine-Main region and in the German palletised freight network IDS, where the…
General cargo

Wolf-Peter Korth gains control of Simcargo after merger underperforms

Wolf-Peter Korth, former owner of ITC Logistic, has taken control of German general cargo network Simcargo by acquiring a 94 per cent stake in the company, which was formed in early 2020 through the merger of ILN and Star. Korth recently purchased…
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