With Africa not ready for prime time, apparel importers improve Southeast Asia footprint WASHINGTON — Africa may be the future frontier for apparel sourcing, but with infrastructure and industry on the continent still lacking, apparel manufacturers say they’re staying put in Southeast Asia for the time being. And not just staying put, but building relationships […]
Read More →With Africa not ready for prime time, apparel importers improve Southeast Asia footprint
on April 14, 2015in Uncategorized
Online innovation raises competition level, Kuehne + Nagel head says
on April 9, 2015in Uncategorized
Online innovation raises competition level, Kuehne + Nagel head says HONG KONG — Advances in digital technology are enhancing the way freight forwarding and logistics business is conducted, but the improving online processes are creating competition from outside the industry as well as from within it, Kuehne + Nagel Chairman Karl Gernandt says.“There is an […]
Read More →Big shippers sign up for Asia’s new green scheme
on March 31, 2015in Uncategorized
Big shippers sign up for Asia’s new green scheme HONG KONG —Several of the world’s top shippers have signed up to the Green Freight Asia (GFA) initiative that aims to lower the carbon footprint of land transport while driving lower logistics costs into the regional supply chain.The industry-led GFA network this week opened its “GFA […]
Read More →New Chongqing logistics park leads Goodman’s west China portfolio
on March 30, 2015in Uncategorized
New Chongqing logistics park leads Goodman’s west China portfolio HONG KONG — The first 1.2 million square feet of Goodman Chongqing Airport Logistics Park has been developed as part of a $400 million investment being rolled out in western China over the next two to three years by the Australia-based property group.Another 860,000 square feet […]
Read More →Aggressive investment yields growth for Gulftainer
on March 26, 2015in Uncategorized
Aggressive investment yields growth for Gulftainer Gulftainer’s goal to triple volume over the decade through aggressive investment came a step closer in 2014 after the terminal operator increased handling 8 percent year-over-year. The United Arab Emirates-based port management and logistics company achieved a total of 6.4 million TEUs across its global portfolio in 2014, a […]
Read More →Kerry Logistics hatching plan to enter ‘chaotic’ China courier market
on March 26, 2015in Uncategorized
Kerry Logistics hatching plan to enter ‘chaotic’ China courier market HONG KONG — Kerry Logistics plans to build a regional express delivery platform in China and across the Asean region to capitalise on a rapidly growing segment of the logistics business, but it will be a cautious entry into a difficult market.“The situation in China […]
Read More →CCL takeover rewards Li & Fung with sharp logistics revenue growth
on March 19, 2015in Uncategorized
CCL takeover rewards Li & Fung with sharp logistics revenue growth Source: Li & Fung 2014 financial results.HONG KONG — Revenue from Li & Fung’s logistics network soared 66 percent in 2014 to $874 million as the acquisition of giant sea freight forwarder China Container Line last year made its presence felt on the balance […]
Read More →FedEx profit soars as ‘modest’ global growth improves outlook
on March 18, 2015in Uncategorized
FedEx profit soars as ‘modest’ global growth improves outlook Across-the-board gains in freight volumes and a strong peak shipping season drove FedEx profit skyward, lifting net income 53 percent year-over-year to $580 million in the fiscal quarter that ended Feb. 28, while total revenue rose 4 percent to $11.7 billion. Neither winter weather, successive holiday […]
Read More →African truckers employed by Agility protest long driving hours
on March 17, 2015in Uncategorized
African truckers employed by Agility protest long driving hours Truck drivers employed by Agility Logistics in Kenya are protesting long working hours and lack of union representation, allegedly disrupting traffic on a key trade corridor that connects the Port of Mombasa to inland markets in Uganda and other nations. The protests, following a truck driver […]
Read More →Anything is possible
on March 17, 2015in Uncategorized
Anything is possible As thousands of logistics executives from around the world filled the halls of the Long Beach Convention Center over a three-day period for the 15th Annual JOC TPM Conference this month, I couldn’t help but flash back to the first TPM in 2000, when there were about 300 of us… Anything is […]
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