EU Commission: DACHSER may take over FERCAM business
A milestone has been reached: The EU Commission has approved DACHSER's acquisition of 80 percent of FERCAM's groupage and contract logistics business in Italy.
Following a competition review, the Commission has approved the proposed establishment of a joint venture. Following the green light from the competition authorities, nothing now stands in the way of the establishment of “DACHSER & FERCAM Italia S.r.l.”
"We now have certainty. With the expected and timely approval of the European competition authorities, FERCAM can now carve out its groupage and contract logistics activities and transfer them to the new joint venture," explains Alexander Tonn, COO Road Logistics at DACHSER. "DACHSER & FERCAM Italia will start operations as planned in January 2024. In addition, we can now discuss and define future processes and corporate structures in more detail".
Takeover of 80 percent of the shares
DACHSER & FERCAM Italia will initially employ 920 people at 46 locations in Italy. Following the start-up and test phase in the spring, DACHSER will take over 80 percent of the shares as agreed.
DACHSER breaks ground on new branch and transit terminal in North Germany
To accommodate DACHSER’s consistent growth in the industrial goods and refrigerated foods sectors, the logistics solutions provider is investing $20 million dollars to build a new branch as well as a new transit terminal in northern Germany.
How @ILO works: Identification, localization, measurement, and visualization
In the @ILO terminal, packages are identified, localized, measured, and recorded in the transport management system fully automatically when they enter and leave, as well as during their stay. This eliminates manual barcode scanning and the additional labeling of the packages.
On its 50th birthday, the swap body is more in demand than ever, because cargo space is currently in short supply. This applies not only to Europe, but especially to intercontinental trade.