Strong growth in Asia
Kerry Logistics has tabled the group’s annual results for 2018. Turnover surged by 24% to HKD 38.139 billion (EUR 4.325 billion). The core operating profit rose by 11% to HKD 2.364 billion (EUR 268 million) and the core net profit climbed by 12% to HKD 1.326 billion (EUR 150.3... more
Japanese logistics provider orders 500 Street Scooters
A major order from the Far East: Japan-based Yamato has ordered 500 electric light utility vehicles from Street Scooter, a subsidiary of Deutsche Post DHL Group, to offer more environmentally friendly services. As part of the close development partnership between the two... more
Tigers is first Doozee customer
Tigers is the launch customer for a new instant freight rate quote engine developed by the tech start up Doozee. The new tool will be available to Tigers’ international agent network and will be hosted on the Tigers Smarthub:Connect portal following the release of future... more
Aero Africa settles in Shanghai
Operating at over 84 airports in all African countries, Aero Africa, a new air cargo management group dedicated to providing African logistic solutions and neutral value-added services to the global logistics community, has opened an office in Shanghai (China) in order to... more
GAC picks new CEO for Sri Lanka
Business veteran Ravi Edirisinghe has been appointed director/CEO of the GAC Group of companies in Sri Lanka. He will contribute 27 years of knowledge and experience in strategic planning, business development and re-engineering, supply chain management, logistics and project... more
Food grade and hazmat warehouse for Sydney
Mainfreight has opened its newest food grade and dangerous goods certified 3PL warehouse in Sydney (Australia). The warehouse features a 13,000 sqm food grade warehouse, a 13,000 sqm dangerous and hazardous goods warehouse, and a 2,000 sqm mezzanine. It also has 900 sqm reserved... more
Upgrade of Sakhalin’s rail infrastructure on schedule
In Russia’s Far East, construction work to convert all tracks of Sakhalin’s 806 km railway network from the narrow 1,067 mm gauge to Russia’s broad gauge of 1,520 mm by 2020 is underway. This year, the active phase of work, when railway workers will complete the re-laying of the... more
Maskargo to implement tracking solution
Maskargo, the freight division of Malaysia Airlines, has signed a cooperation with several partners for a tracking solution for its containers and pallets. Maskargo, together with TW Control (TWC) and Core Transport Technologies, will incorporate the "Core... more
Cache Logistics Trust buys warehouse in Australia
Cache Logistics Trust intends to acquire a single-storey logistics warehouse and office facility located in Altona, close to Melbourne. The property, costing AUD 41.2 million, is situated on an 83'000 sqm tract of land with a net lettable area of 38'000 sqm. The warehouse has... more
ABC expands presence in Asia
Moscow-based Airbridge Cargo Airlines (ABC) has strengthened its footprint in Asia by increasing frequencies to its online destinations. The move results from an average 5% annual growth rate in the region in the last five years as customers seek additional capacity and delivery... more