KWE: income up, sales down
The Japanese Kintetsu World Express (KWE) has reported its financial results from the six-month period of its fiscal year ending 30 September 2020. While revenues decreased by 2.9% to JPY 2.5 billion, operating income saw an uptick of 48.5% to JPY 13 billion (USD 124 million)... more
Logistics platform for Hartmann International
German logistics services provider Eikona Logistics has set up a new IT platform for the family-owned company Hartmann International. The software gives customers access to all service requests: enter orders, track & trace shipments, manage stocks, evaluate freight... more
European digital solutions
Projects that take cooperation between operators in the transport and logistics industry to the digital level are being driven forward by the Circle Group at the European level. For the first time the firm compiled the current range in a series of events at the end of October. more
DHL Express targets Asian market
CEP provider DHL Express has laid out its road map for its business in Asia. Between 2020 and 2022, the group will invest approximately EUR 690 million to build or expand its facilities in key growth markets of Australia, Japan, Hong Kong S.A.R. and South Korea. Equally, it... more
Customs software for Northern Ireland in peril
There are doubts whether the necessary customs procedures after Brexit in Northern Ireland will be available on time. Agency Sector Management (ASM), a customs clearance software provider for freight forwarders, has written to Her Majesty's Revenue and Customs (HMRC),... more
OMP sells shares to Ackermans & van Haaren
Ackermans & van Haaren plans to acquire a 20% participation in OMP. Founded in 1985, OMP is a player in the fast-growing digitised supply chain planning (SCP) market. It has grown to be a company with almost 700 employees and with a direct presence in more than ten... more
Sing Post: more e-commerce, higher cost
In its fiscal mid-year ending 30 September 2020 Singapore Post Limited increased its revenues by 9.6% to SGD 708 million (USD 525 million). Besides growth in the post & parcel and logistics segments, the strong rise of e-commerce volume across the group paved the way to this... more
Unilever banks on Logista Pharma
In Spain, the new pharmacy division of Unilever - U-Labs - runs the distribution of its products via Logista Pharma. The mass consumer group Unilever, owner of brands such as Dove Rexona or Signal, has decided that U-labs will begin operating in pharmacies through two oral... more
VTL takes next step
The general cargo cooperation VTL Vernetzte-Transport-Logistik has been advancing its future project "VTL Next" since April 2020. VTL managing director Johanna Birkhan highlights the successful introduction of an online transport cost calculator, which is designed for... more
MVG to open DG facility in Haiphong
The Vietnamese company MVG Dinh Vu (MVG), of which MOL holds 67.5% of the shares, has set up a joint venture in cooperation with local partners to open a new chemical and dangerous goods (DG) warehouse. The facility, built to comply with the local fire code, will offer a... more