Thursday 1st Oct 2020 - Logistics & Supply Chain

Viewing all Logistics articles

Maersk to sell oil business to Total

AP Møller – Mærsk is to sell its oil and gas business to Total for $7.45 billion in a move that will enable it to focus on its core shipping and logistics operations.

IAG launches Nashville cargo route

IAG Cargo is introducing a new service to Nashville, Tennessee. Starting in May next year, the B787-8 will operate five times a week from London Heathrow.

22pc profit boost for DHL Supply Chain

An optimisation programme at DHL’s Supply Chain division helped it boost operating profit rise by 21.6 per cent to €124 million in the second quarter.

XPO increases profit forecast

XPO Logistics has increased its profits guidance for 2017 and 2018 after increasing its first half adjusted EBITDA to $660.8m from $604.2m in 2016.

Truck-maker to use 3D printing for metal components

Mercedes-Benz Trucks has started using 3D printing to make certain metal components for older models of its trucks. A thermostat cover was the first 3D printed metal part to pass the company’s quality assurance process.

DHL extends city delivery pilot

DHL Express has extended its city hub concept for inner-city deliveries to The Hague, Netherlands with a new pilot involving electric vehicles.

First half profit boost for CEVA

CEVA increased its adjusted EBITDA by five per cent to $124 million in the first half of 2017. Turnover was up 2.6 per cent at $3.3 billion.

Australians win Amazon Robotics Challenge

The Australian Centre for Robotic Vision has taken the overall prize in the Amazon Robotics Challenge. Nanyang Technological University of Singapore won the Pick Task, while MIT Princeton of the US, won the Stow Task.

Air freight demand grows by 3.2 pc

Strong growth for air cargo

Air cargo demand, measured in freight tonne kilometres, grew by 10.4 per cent in the first-half of 2017 compared to the first-half of 2016, according to the International Air Transport Association.

BMW picks Geodis for Korean parts logistics

BMW Korea has opened a new regional parts distribution centre for BMW, MINI and motorcycle spare parts in Anseong, Gyeonggi Province, 70 kilometres south of Seoul.

UPS expands wine shipping service

UPS is expanding its ability to ship alcohol, wine and beer to consumers around the world using the UPS Express or standard shipping services.

Sales rise at Aramex

Aramex’s revenue grew by four per cent to AED 1,148 million in the second quarter of 2017, but net profit fell by 23 per cent to AED 97 million.

Sales rise 7pc at XPO Logistics

XPO Logistics expects revenue to grow by between 7 per cent and 7.9 per cent in the second quarter, the group said in a trading statement.

DHL targets Vietnam e-commerce market

DHL eCommerce has launched a domestic delivery operation in Vietnam with next day delivery is major cities such as Hanoi and Ho Chi Minh.

Cathay chooses DHL for Hong Kong operation

Cathay Pacific has chosen DHL Supply Chain to manage its aircraft maintenance, repair and overhaul logistics activities at its home base at Hong Kong International Airport.

Ceva wins contract renewal with Akgida

Ceva Logistics has won a contract renewal with Akgida. The logistics company will continue handling the dairy producer’s transportation across Turkey.

Tibbett opens 15th Romanian warehouse

Tibbett Logistics has opened its 15th warehouse in Bucharest, Romania. The new site, which will be operational later on in July, will be used for the handling and storage of white goods and electrical products.

Profits rise at Kuehne + Nagel

K+N ‘Pharma Hub Switzerland’ opens

Kuehne + Nagel has opened a 175,000 sq ft “Pharma Hub Switzeland”, which is to be a part of the logistics business’ KN PharmaChain network.

Rhenus to launch Australian company

The Rhenus Group is to purchase Australia-based freight forwarding company O’Brien Customs and Forwarding. The company will open its own national Australian company ‘Rhenus Logistics Australia’.

Online commerce disrupting industrial buying, says UPS

A new UPS survey has found that online commerce is disrupting industrial buying in Europe. According to the logistics company, with buying direct-from-manufacturer and e-marketplaces on the rise, the “industrial value chain in Europe is evolving and traditional distributors are under pressure to retain market share.”

Ceva partners with Goodpack

Ceva Logistics has partnered with Goodpack, which operates a fleet of bulk containers, to create a new concept for transporting in the tyre industry.

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