Category Archives for Uncategorized

Drone delivery takes to the air in Finland pilot project HONG KONG — Finnish postal operator Posti is in the middle of a four-day trial for parcel deliveries using a robotic drone helicopter to ferry packages between Helsinki and the island of Suomenlinna 2.5 miles offshore.Posti will use a remotely piloted aircraft system called Next […]

Logistics adds competitive edge in chemicals sector, DHL research finds HONG KONG — The world’s chemical industry could significantly increase its competitive advantage by treating logistics as a key differentiator as other global industries do, according to research commissioned by DHL. In a white paper titled “Supply chain in the boardroom – 5 levers to […]

Management shakeup signals future route for truckload carrier Werner Gregory L. Werner resigned as CEO of Werner Enterprises, handing the title over to his 78-year-old father and founder of the company, Chairman Clarence L. Werner. The resignation comes two weeks after another son, Gary Werner, surrendered the chairman’s job. The $1.68 billion company said C.L. […]

TPM 2015 Sponsor: CMHI Erik Yim, senior commercial director for China Merchants Holdings (International), on competition in South China, CMHI’s home ports development, the impact of growing manufacturing in the Pearl River Delta region and the company’s expansion strategies. … TPM 2015 Sponsor: CMHI Journal of Commerce

Infor aims to integrate factories, supply chain via GT Nexux purchase Infor’s announcement that it would acquire GT Nexus for $675 million is the latest sign of how consolidation in the logistics cloud-based software industry is paralleling similar activity in the global third-party logistics market. The deal, expected to close within 45 days, pending regulatory […]

China’s e-commerce giants target inland HONG KONG — The growth of e-commerce in China’s rural areas is outpacing that in major cities with Alibaba Group estimating the potential market in the countryside could be as much as $70 billion by next year.This is attracting huge interest from online shopping giants such as Alibaba and its… […]

Expanded Suez Canal promises shippers more efficiency, lower costs Suez Canal. Credit: jgmorardEgyptian armed forces are on high alert ahead of the ceremony to open the $8 billion, 44.7 mile extension to the Suez Canal on August 6, which will for the first time allow two-way traffic on the canal, creating economic benefits for both […]

HNA in bid battle for aircraft lessor Avolon after Swissport deal LONDON — China’s HNA group is in a bid battle for Avolon, one of the world’s largest aircraft lessors, just days after agreeing the $2.8 billion acquisition of Swissport, the world’s largest airport cargo handler. HNA’s Bohai Leasing unit offered to buy Avalon for $31 […]

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 […]

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: […]