Shanghai warehouse supply to rise sharply this year, Colliers says HONG KONG — An estimated 10 million square feet of warehousing space will be completed in the Shanghai area this year, with one-third of the new developments located in the city’s bonded areas, according to global real estate firm Colliers International. Driving growth in the logistics […]
Read More →Shanghai warehouse supply to rise sharply this year, Colliers says
on January 26, 2015in Uncategorized
SingPost buys New Zealand forwarder to boost regional network
on January 26, 2015in Uncategorized
SingPost buys New Zealand forwarder to boost regional network HONG KONG — SingPost has acquired a 90 percent stake in New Zealand forwarder Famous Pacific Shipping as the regional e-commerce logistics specialist expands its Asia-Pacific footprint.The Singapore-based company paid an initial amount of $2.7 million for the stake through its forwarding subsidiary Famous Holdings, and […]
Read More →Blue Dart denies report that DHL will sell stake to Amazon
on January 23, 2015in Uncategorized
Blue Dart denies report that DHL will sell stake to Amazon Blue Dart Express is denying that its parent DHL Express Singapore Pte. Ltd. is negotiating to sell its holdings in the Indian subsidiary to U.S. e-commerce giant Amazon. “We have been informed by DHL Express Singapore Pte. Ltd. that they are not now engaged […]
Read More →Logistics complex serving Brazilian port Santos opens
on January 22, 2015in Uncategorized
Logistics complex serving Brazilian port Santos opens Brazilian container terminal operator Grupo Libra has opened a 30 million reais ($11.7 million) bonded warehouse and logistics park to serve the port of Santos, the busiest container port in South America. The 70,000-square-meter complex, known as Libra Cubatão Logistics, is strategically located equal distances from the port […]
Read More →Construction begins on Oakland logistics hub-UP main line connection
on January 22, 2015in Uncategorized
Construction begins on Oakland logistics hub-UP main line connection Construction began this week on a rail link that will connect a 360-acre logistics hub being built at a former Army base at the Port of Oakland with Union Pacific’s main line. “Connecting the Oakland Army Base to the national rail network is a milestone for […]
Read More →Columbarium conversion will breathe life into Kerry Logistics warehouse
on January 22, 2015in Uncategorized
Columbarium conversion will breathe life into Kerry Logistics warehouse HONG KONG — Kerry Logistics is planning to convert one of its basic warehouse facilities in Hong Kong into a columbarium that will store the remains of up to 100,000 people, according to a local media report, a move that would appear to be a significant […]
Read More →Logistics sector holds gloomy outlook for Russia, survey finds
on January 20, 2015in Uncategorized
Logistics sector holds gloomy outlook for Russia, survey finds HONG KONG — Russia’s potential as an emerging logistics market was downgraded by 66 percent of respondents in the sixth annual Agility Emerging Markets Survey that was released Monday, with an additional 10 percent of the logistics professionals surveyed believing the market has lost all potential. […]
Read More →Asia’s emerging markets top Agility logistics index
on January 19, 2015in Uncategorized
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 →Recent Posts
-
Forward Air claims ‘no customer attrition’ followi…
Forward Air claims ‘no customer attrition’ followi…
-
Ro/ro carriers report mixed results on ‘sold out’…
Ro/ro carriers report mixed results on ‘sold out’…
-
Yang Ming nearly triples Q1 profits on improving s…
Yang Ming nearly triples Q1 profits on improving s…
-
Declining India–Europe vessel reliability reverses…
Declining India–Europe vessel reliability reverses…
-
Dali refloating triggers multiyear insurance claim…
Dali refloating triggers multiyear insurance claim…