Asia’s emerging markets top Agility logistics index HONG KONG — Asian countries dominated the 2015 Agility Emerging Markets Logistics Index released today with four nations ranked in the top 10 emerging markets – China, Indonesia, India and Malaysia. Out of the seven Asian countries among the top 20, five are Southeast Asian nations – Indonesia, […]
Read More →Kerry Logistics forms joint venture to grow Indonesia network
on January 16, 2015in Uncategorized
Kerry Logistics forms joint venture to grow Indonesia network HONG KONG — Kerry Logistics has formed a joint venture with Indonesia’s PT Puninar Saranaraya (Puninar Logistics) as it expands its business in Southeast Asia’s largest economy. The joint venture aims to combine Kerry Logistics’ global expertise and international freight forwarding network with Puninar Logistics’ local […]
Read More →Time healing supplier pain as China’s Go West policy gathers momentum
on January 13, 2015in Uncategorized
Time healing supplier pain as China’s Go West policy gathers momentum HONG KONG — Challenges remain for second-tier suppliers of major manufacturers in China’s inland production centres more than 14 years after the Go West policy was introduced to shift factories away from the wealthier coastal areas and boost the economies of its poorer central […]
Read More →China’s growing logistics needs drive demand for GLP warehouses
on January 12, 2015in Uncategorized
China’s growing logistics needs drive demand for GLP warehouses HONG KONG — Global Logistic Properties has signed new lease agreements in China for 1.1 million square feet in the past two weeks as the Singapore-listed developer continues to expand its distribution and e-commerce network in the country. GLP today signed a new lease at a […]
Read More →Survey of US shippers finds biggest spurt of optimism since 2011
on January 9, 2015in Uncategorized
Survey of US shippers finds biggest spurt of optimism since 2011 U.S. shippers are the most optimistic they have been in nearly three years about freight growth, but they are also bracing for the sharpest uptick in transportation costs, excluding fuel costs, since 2011, according to a recent survey. The roughly 600 shippers surveyed by […]
Read More →Forwarders gear up for Chinese New Year cargo surge
on January 8, 2015in Uncategorized
Forwarders gear up for Chinese New Year cargo surge HONG KONG — Asia forwarders are preparing for a busy first quarter with a six-week sweet spot between the western year end and a late Chinese New Year expected to drive up cargo volumes being shipped out before the mainland’s most important holiday. Chinese New Year […]
Read More →UPS expands global express freight service as air cargo demand rises
on January 7, 2015in Uncategorized
UPS expands global express freight service as air cargo demand rises UPS is expanding its Worldwide Express Freight service, adding new origin and destination points for palletized express air freight shipments as international trade grows. The second-largest global transport operator added 12 new origin and nine destination countries to the time-sensitive door-to-door freight service. UPS […]
Read More →Kerry Logistics buying spree extends global network
on January 5, 2015in Uncategorized
Kerry Logistics buying spree extends global network HONG KONG — Kerry Logistics Network’s acquisition drive has continued into the new year, as the company added majority stakes in two Canadian forwarding companies barely a week after acquiring a Dubai-based logistics operator. The Hong Kong-listed company acquired majority stakes in Total Logistics Partner Ocean Consolidators Inc. […]
Read More →Kerry Logistics and Japanese duo set to win China courier approval
on December 24, 2014in Uncategorized
Kerry Logistics and Japanese duo set to win China courier approval Hong Kong’s Kerry Logistics could soon be operating in the China domestic courier market.HONG KONG — The door to China’s domestic courier market is about to be opened a little wider for foreign service providers, as the State Post Bureau prepares to green light […]
Read More →UPS buys Polish healthcare logistics firm
on December 23, 2014in Uncategorized
UPS buys Polish healthcare logistics firm United Parcel Service has agreed to the acquisition of Polish pharmaceutical logistics firm Poltraf from Poland-based investment fund Ortie Capital Investment. The U.S. delivery giant did not release financial details of the transaction, which it expects to complete in the first half of 2015. The acquisition will add three […]
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