Sector
Logistics
DHL LAUNCHES SERVICE TO REDUCE EMISSIONS IN AIR FREIGHT
25 February 2022DHL Global Forwarding, the air and ocean freight unit of Deutsche Post DHL Group, announced the expansion of its GoGreen Plus Service to air cargo to provide real emissions reductions through carbon insetting.
EYE4STORAGE LAUNCHES GLOBAL WAREHOUSING MARKETPLACE
24 February 2022Eye4Storage has announced the launch of a new digital marketplace that matches businesses looking for storage and distribution facilities with warehousing operators around the world. In a statement, the Dubai-based Eye4Storage said this is a "majo...
As the Russia-Ukraine conflict continues to escalate, some players in the logistics and shipping sectors have announced a halt in their Ukraine operations. This comes as Ukraine shuts its ports as a consequence of the conflict with its neighbour....
BOLLORÉ LOGISTICS EXPANDS PRESENCE IN CANADA'S PRINCE RUPERT
22 February 2022Bolloré Logistics is expanding its presence in Prince Rupert citing increased activities in the port city. In a statement, Bolloré said it opened last year a new container freight station (CFS) in Prince Rupert (Canada), located approximately 17...
LINEAGE LOGISTICS ANNOUNCE MAJOR EXPANSION OF VIETNAM FACILITY
22 February 2022Lineage Logistics — one of the world's largest providers of temperature-controlled supply chain and logistics solutions — has announced that it is more than doubling the capacity of its Vietnam facility in Bac Ninh, Hanoi. In a statement, it said...
YANG MING TO LAUNCH CHINA-AUSTRALIA DIRECT SERVICE
17 February 2022Yang Ming Marine Transport Corporation (Yang Ming) has announced a new direct service connecting China and Australia. In a statement, Yang Ming said the new China-Australia-2 Service (Loop Code: CA2) will set sail beginning March 10, 2022 from Qi...
RENTS IN LOGISTICS TO GROW BY 3-5% IN 2022 ACROSS ASIA-PACIFIC
15 February 2022Rent in logistics warehouses across Asia-Pacific is expected to rise 3%-5% this year amid continued strong demand boosted by recovery in global trade flows. Independent global property consultancy firm, Knight Frank, said in its latest Asia-Pacif...
Gebrüder Weiss said it opened another location in the United States citing growing demand and transport volumes. In a statement, the European logistics provider said the new location opened in El Paso, the border city, located in the state of Tex...
FLEXPORT SECURES FUNDING AS IT LOOKS TO EXPANSION
07 February 2022Flexport has secured US$935 million to accelerate its expansion and the development of its technological platform. The funds will be used to expand into new locations, establish a "logistics tech ecosystem," as well as to invest and partner with...
GEODIS TO OPEN WAREHOUSE FACILITY AT BRISBANE AIRPORT IN 2022
07 February 2022Geodis announced that it plans to open a new warehouse facility at Brisbane Airport (BNE) to provide airfreight, ocean freight, contract logistics and customs brokerage solutions for its customers in a wide range of market sectors, including automoti...
DP WORLD SAYS POPULARITY OF GOLF IN THE MIDDLE EAST PUTTING "PRESSURE" ON SUPPLY CHAINS
28 January 2022DP World said the growing popularity of golf in the Middle East is placing pressure on global supply chains that are struggling to keep up with demand as the sport, retail and leisure sectors continue to be affected by declining production levels....
SCHEDULE RELIABILITY DROPS TO RECORD-LOW IN DECEMBER 2021
27 January 2022Container line schedule reliability dropped to its "historic low" in December, recording a -1.2 percentage points month/month decline to 32.0% at the end of 2021, according to a new report by Sea-Intelligence. In a statement, it said schedule re...
Third quarter cargo theft data in the US shows storage facilities targeted in 45% of reported cases, according to a new report from insurer, TT Club, which also said that these cases are up from 20% of recorded cases in the same quarter in 2020....
CEVA Logistics announced that it won a five-year contract with European fashion platform, ABOUT YOU, continuing the expansion of its global e-commerce business. CEVA said it will manage a new 40,000-square-meter fulfillment operation in Wroclaw-M...
CHINA'S EXPRESS LOGISTICS SECTOR EXPANDS IN DECEMBER
19 January 2022China's express logistics sector posted growth in December last year boosted by the rebound in sales and production. State media reported that data from the China Federation of Logistics and Purchasing (CFLP) showed that express logistics stood a...