Category Archives for 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 […]

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 […]

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 […]

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 […]

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. […]

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, […]

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 […]

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 […]

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 […]

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 […]