Mapletree Logistics Trust Management Ltd., announced the proposed acquisition of a logistics property in South Korea, Wonjin Logistics Centre, from Wonjin Logistics Co., Ltd. for KRW37.85 billion. The Property comprises two blocks of multi-tenanted dry warehouses with a total gross floor area of about 29,325 square metres and land area of 31,055 sqm. It is located in Gyeonggi-do, a province surrounding Seoul with 25 million inhabitants or over half of the country’s population, and … [Read more...] about Mapletree Logistics Trust to acquire Logistics Property In South Korea
Logistics
Redwood Logistics announced plans to acquire Strive Logistics
Redwood Logistics, a strategically-integrated North American logistics company based in Chicago, Illinois, announced that will be acquiring Strive Logistics. The combination creates a technology-focused, high growth industry leader that is both a top-15 truck broker and an emerging multimodal logistics provider with over $1 billion in freight under management. Strive, which was founded in 1995, is a leading provider of non-asset multimodal third party logistics solutions with offices in … [Read more...] about Redwood Logistics announced plans to acquire Strive Logistics
Yusen Logistics Establishes Global Headquarters
Yusen Logistics Co., Ltd. Has recently established Global Headquarters to formulate company-wide corporate strategies and directions to become a company that provides consistent quality and services globally and has a strong competitive foundation. In order to achieve their Mission, "To become the world's preferred supply chain logistics company", they have formulated four basic strategies under the Long-Term Vision "TRANSFORM 2025". To achieve one of these core … [Read more...] about Yusen Logistics Establishes Global Headquarters
Volga-Dnepr partners with Cainiao logistics
Volga-Dnepr partners with Alibaba’s logistics arm, Cainiao, to develop a cross-border shipment network and to develop different projects: Volga-Dnepr Group will guarantee access to its network and 41-aircraft strong fleet, while Cainiao will make the group a ‘preferred carrier’. The pair will also develop an optimal scheduled route network in Asia, Europe and Russia, which will include improving processes such as ground handling and road feeder services. It is likely that the majority of … [Read more...] about Volga-Dnepr partners with Cainiao logistics
DHL Express named Asia Pacific’s best employer for fifth consecutive year
DHL Express, the world's leading international express services provider, has been named 2019 Top Employer for Asia Pacific as well as nine countries and territories in the region: Australia, Hong Kong, India, Malaysia, New Zealand, the Philippines, Singapore, Thailand and Vietnam. The award was conferred by Top Employers Institute, a global organization recognizing excellence in employee conditions, making this the fifth consecutive year that DHL Express has received the award for … [Read more...] about DHL Express named Asia Pacific’s best employer for fifth consecutive year
Emirates SkyCargo celebrates five years of uplifting Ecuadorian roses
Four weekly freighters operating to Quito transporting Ecuadorian flowers roses are one of the most popular export commodities from Ecuador and are renowned for their vibrant colour and long shelf life. Over the last five years Emirates SkyCargo has been facilitating exports of Ecuadorian roses as well as other flowers and perishables through its freighter operations to Quito. Emirates SkyCargo commenced its freighter operations to the Ecuadorian capital in December 2013 with a once … [Read more...] about Emirates SkyCargo celebrates five years of uplifting Ecuadorian roses
