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 […]
Read More →Construction begins on Oakland logistics hub-UP main line connection
on January 22, 2015in Uncategorized
Columbarium conversion will breathe life into Kerry Logistics warehouse
on January 22, 2015in Uncategorized
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 […]
Read More →Logistics sector holds gloomy outlook for Russia, survey finds
on January 20, 2015in Uncategorized
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. […]
Read More →Asia’s emerging markets top Agility logistics index
on January 19, 2015in Uncategorized
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, […]
Read More →Kerry Logistics forms joint venture to grow Indonesia network
on January 16, 2015in Uncategorized
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 […]
Read More →Time healing supplier pain as China’s Go West policy gathers momentum
on January 13, 2015in Uncategorized
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 […]
Read More →China’s growing logistics needs drive demand for GLP warehouses
on January 12, 2015in Uncategorized
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 […]
Read More →Survey of US shippers finds biggest spurt of optimism since 2011
on January 9, 2015in Uncategorized
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 […]
Read More →Forwarders gear up for Chinese New Year cargo surge
on January 8, 2015in Uncategorized
Forwarders gear up for Chinese New Year cargo surge HONG KONG — Asia forwarders are preparing for a busy first quarter with a six-week sweet spot between the western year end and a late Chinese New Year expected to drive up cargo volumes being shipped out before the mainland’s most important holiday. Chinese New Year […]
Read More →UPS expands global express freight service as air cargo demand rises
on January 7, 2015in Uncategorized
UPS expands global express freight service as air cargo demand rises UPS is expanding its Worldwide Express Freight service, adding new origin and destination points for palletized express air freight shipments as international trade grows. The second-largest global transport operator added 12 new origin and nine destination countries to the time-sensitive door-to-door freight service. UPS […]
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