Monthly Archives for July 2015

GLP doubles US footprint with acquisition of .55 billion logistics portfolio PHUKET — Singapore-listed logistics property developer GLP has made its second multi-billion dollar investment this month, acquiring a $4.55 billion U.S. logistics portfolio from Industrial Income Trust a week after leading a consortium of investors in establishing a $7 billion China-focused infrastructure fund.The new […]

Box ships transit expanded Suez in first trial run A view of the existing canal from a container ship.LONDON – Three container ships sailed through the “new” Suez Canal over the weekend in the first trial run of a second shipping lane alongside the existing waterway ahead of the official opening next month. The inaugural […]

Box ships transit expanded Suez in first trial run A view of the existing canal from a container ship.LONDON – Three container ships sailed through the “new” Suez Canal over the weekend in the first trial run of a second shipping lane alongside the existing waterway ahead of the official opening next month. The inaugural […]

The Traffic Club of Pittsburgh Officers and Board of Governors for 2015-2016 The Traffic Club of Pittsburgh, founded in 1902 in the offices of the Pittsburgh Plate Glass Company, Frick Building, has elected its Officers and Board of Governors to serve during its 114th year, 2015-2016. The following members began serving in the positions indicated effective June 19, 2015: […]

CeMAT RUSSIA: a wealth of opportunities for the intralogistics industry Hannover/Moscow — At the upcoming CeMAT RUSSIA intralogistics show, which runs in Moscow from 22 to 25 September, more than 170 exhibitors will showcase their products and solutions for the interconnected, efficient control and management of logistics processes. “Admittedly, that’s about 30 fewer companies than last […]

GLP leads investors in billion China logistics property fund There is huge demand in China for modern warehouses capable of handling the rapid rise in e-commerce shipments.HONG KONG — Logistics property developer GLP and a consortium of investors have established a $7 billion China-focused logistics infrastructure fund aimed at developing modern warehouse facilities across the […]

Made in US online mall targets Chinese with Taylor Swift line Singer Taylor Swift, seen here in an image from www.taylorswift.com, will be selling a line of clothing exclusive to Chinese customers on the online shopping platform JD.com, part of a campaign to promote made-in-U.S. goods in China.HONG KONG — China’s taste for U.S.-made products […]

‘Working together is key to improving supply chain’, says GSF report ‘Working together is key to improving the transport and logistics supply chain’ is the headline message from the 2015 Global Shippers’ Forum (GSF) Annual Report. As the GSF concludes its first financial trading year 2014-15, its Annual Report reflects on the achievements of the […]

CargoSmart launches new sailing schedule platform HONG KONG — CargoSmart Wednesday launched a new sailing schedule search platform aimed at helping shippers and logistics service providers manage their ocean routes while having added visibility. Known as “big schedules” the program will source ocean carriers’ published sailing schedules and live vessel location data in order to […]

Chinese farmers go Internet shopping — for tractors One of the thousands of tractors offered for sale on Alibaba’s online Taobao Marketplace.HONG KONG — China’s 700 million farmers can now buy their tractors online through an Alibaba Group’s e-commerce platform following the recent launch of a shopping channel dedicated to farm products.In an interesting, if […]