Siemens Logistics has agreed to sell its mail and parcels business to German technology group Koerber for 1.15 billion euros ($1.31 billion). Insider report about the sale of Siemens Logistics’s postal business, which recorded annual revenue of half a billion euros, has circulated since November of last year. The airport logistics business, which produces baggage and cargo handling solutions, will remain with Siemens Logistics, the company said. The deal with Koerber is expected to be … [Read more...] about Siemens Logistics agrees to sell parcel unit for US$1.3b
Courier & Mail
UPS innovation centre makes debut in Singapore
UPS Supply Chain Solutions (SCS) is connecting businesses in Asia Pacific to the rest of the world, with digital logistics technologies as it officially opened the company’s first global innovation centre in Singapore. UPS said the innovation centre will serve as a testbed for new technologies that can narrow efficiency gaps in supply chains, including those that have yet to be deployed on a large scale, such as autonomous mobile robots (AMR), radio-frequency identification (RFID), and … [Read more...] about UPS innovation centre makes debut in Singapore
Australia Post opens US$22m parcel hub at Adelaide airport
Press release Australia Post has opened its first major dedicated parcel facility in South Australia, in a boost for local customers ahead of the Christmas season. The Adelaide Parcel Facility, which came online last week, covers more than 15,000 square metres and is Australia Post’s biggest ever operational investment in South Australia. It is home to Australian-first machinery able to simultaneously sort small and large parcels, which is capable of processing 8,000 parcels each hour and … [Read more...] about Australia Post opens US$22m parcel hub at Adelaide airport
Australia Post delivers record revenue on e-commerce
Australia Post last week announced record group revenue of $8.27 billion for FY21, up 10.3 percent, and a profit before tax of $100.7 million. The company's revenue was boosted by continued growth in e-commerce, with strong parcel growth. Parcels & Services revenue grew 17.7 percent to $6.48 billion, on the back of a 27.1 percent increase in Australia Post branded parcels, with StarTrack volumes up 12.1 percent. AP Global continued to grow the company's cross-border e-commerce … [Read more...] about Australia Post delivers record revenue on e-commerce
FedEx Singapore rolls out new solution for single packages
FedEx Express has launched a new shipping solution in Singapore that allows guest shippers and one-time users to send single-package shipments with greater ease and flexibility. With the web-based platform FedEx Ship Manager Lite, shippers can drop off their parcels or packages at stations and world service centres in the city state and fulfill the paperwork, such as airway bills, shipping labels and invoices, through their smart phones and devices. The move comes as the accelerated growth … [Read more...] about FedEx Singapore rolls out new solution for single packages
ANA, Wingcopter test drone delivery to Japan’s hinterlands
Japanese airline group ANA Holdings is collaborating with German drone manufacturer and service provider Wingcopter to accelerate the delivery of vital pharmaceuticals and other consumer products via unmanned aircraft. The two are conducting trials with the electric fixed-wing VTOL (vertical take-off and landing) aircraft developed by Wingcopter, with the aim of building a drone delivery network capable of delivering essential needs across Japan. “The ongoing tests of Wingcopter aircraft … [Read more...] about ANA, Wingcopter test drone delivery to Japan’s hinterlands