Monthly Archives for October 2014

China to upgrade infrastructure, logistics network along Yangtze River A major new initiative has been launched to upgrade infrastructure and the logistics network along the Yangtze River, an undertaking that will impact almost half of the country’s population. Launched in September, the initiative follows the State Council’s analysis of the Yangtze River region as an […]

GLP gives giant boost to Japan, Brazil development platforms Global Logistic Properties’ 355,000 square feet GLP Soja II facility in Soja City, Okayama Prefecture, Japan, will be completed by third quarter 2016.HONG KONG — Global Logistic Properties (GLP) has announced its second giant investment this week, pouring $138 million into a Japanese joint venture development […]

Good growth for Goodman as space shortage drives demand TAIPEI — Australia-listed Goodman Group’s development activities experienced robust growth during the first quarter with the lack of supply of modern, high quality logistics space driving demand for new industrial properties.  In an operational update released today, Goodman said development work in progress has increased to […]

Trucking deals driving transportation M&A growth, PwC says There were 48 mergers and acquisitions in the transportation industry in the third quarter of 2014, totaling $13.6 billion, according to analysis by PricewaterhouseCoopers. Nearly 40 percent of the major deals monitored by PwC occurred in the trucking and logistics sectors, the company said in its quarterly […]

Korean express company lines up APL Logistics for acquisition PHUKET — CJ Korea Express is mulling the acquisition of NOL Group’s APL Logistics, the Korean courier giant said in an exchange filing, removing any lingering doubts that the logistics division of the Singapore-based shipping company is up for sale. The largest express operator in the […]

Get up to speed on the regulatory environment, forwarders advise SHENZHEN, China — Staying on top of the evolving regulatory and customs environment is a key areas forwarders and NVOCCs need to focus on as they expand their business across Asia, delegates at a TPM Asia panel heard today. Paul Man, director of APL Logistics […]

Frequent sailing schedule changes challenge shippers From July through September, there were roughly 22.5 million global sailing schedule changes on more than 1.3 million schedules from 20 carriers, underscoring the challenges of shipment planning, according to a new report from CargoSmart. “Frequent sailing schedule changes can make it challenging for shippers to prepare export filings […]

Heavy-haul vision drives trucking growth for Daseke If a shipment is too long, too wide, too high or too heavy to move on an ordinary tractor-trailer — think airplane wings or wind turbine blades — Don Daseke wants it. Such heavy-haul, specialized industrial freight is the core business of Daseke Inc., a rapidly growing trucking […]

Heavy demand in China for e-commerce logistics space HONG KONG — Global Logistic Properties (GLP) continues to grow its leasing portfolio as customers expand to cater to the fast rising demand for modern e-commerce logistics facilities on the Chinese mainland. The leading provider of modern logistics properties in China, Japan and Brazil this week signed […]

Klaus-Michael Kuehne to give keynote address at TPM 2015 Klaus-Michael KuehneKlaus-Michael Kuehne, honorary chairman and majority shareholder of Kuehne + Nagel, will deliver the keynote address at JOC Group Inc.’s TPM 2015 Conference next March. The three-day event, put on by JOC Group Inc., again will be held in Long Beach, Calif. The annual conference, […]