Friday 20th Oct 2017 - Logistics & Supply Chain

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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.

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