Deutsche Post DHL is to open an Asia Pacific innovation centre in Singapore next year to pioneer sustainable solutions to keep world trade on the move. With an initial investment of S$10 million (EUR6 million), the Asia Pacific Innovation Centre (APIC) in Singapore will be the first centre for innovative logistics services and solutions in the region. Due to be launched in the third quarter of 2015, the APIC is a partnership with Singapore's Economic Development Board (EDB) and will be DHL's … [Read more...] about DHL to launch innovation centre in Singapore
Express
Crane appoints new UAE country manager
Crane Worldwide Logistics has appointed Michael J. Karam to take the reins and lead the progress in its United Arab Emirates operations. “Michael has significant experience working in the Middle East in both the 3PL and shipping environment, and we are delighted to welcome him to the management team,” said Gerard Ryan, regional vice president for the EMEA region at Crane Worldwide. “There are exciting times ahead for Crane Worldwide Logistics in the region. There is a rapid … [Read more...] about Crane appoints new UAE country manager
Singapore and EU conclude FTA negotiations
The European Union and Singapore have successfully concluded talks on the Investment Protection Chapter of the EU-Singapore Free Trade Agreement (EUSFTA). Once the parties have signed and ratified the agreement, EU exporters will be able to ship any goods to Singapore without paying import duties. The two sides have also granted bilateral access to many service markets. 'The conclusion of this chapter marks a very important step in our partnership with Singapore, strengthening our investment … [Read more...] about Singapore and EU conclude FTA negotiations
Menlo Logistics to invest in Thailand and Malaysia
Menlo Logistics, the US$1.5 billion global logistics and supply chain management subsidiary of Con-way Inc., will increase its presence in Thailand and Malaysia, and adding to its portfolio supply chain services for two major new industries as key opportunities for 2015. These and other developments, including the company's recent rebranding initiative, were discussed in a briefing held last week in Singapore hosted by Robert Bassett, Menlo's vice president of marketing and sales, and … [Read more...] about Menlo Logistics to invest in Thailand and Malaysia
SF Express to deliver goods for Costco
Chinese delivery firm SF Express announced that it will be taking over the international delivery service of Costco, a US-based warehouse merchandise retailer. Costco said it can deliver overseas products in as short as five days. After Costco transfers the products to the Taiwan headquarters of SF Express, the China-based SF Express will be processing the products' customs clearance transactions, after which the goods will be delivered to consumers in China. Costco currently has around 120 … [Read more...] about SF Express to deliver goods for Costco
Dicom Transportation acquires Time Logistics
Wind Point Partners announced that portfolio company Dicom Transportation Group, a provider of business-to-business expedited transportation services based in Montreal, QC, has expanded into the United States through the acquisition of Time Logistics Couriers, LLC. Based in Norcross, Georgia, Time Logistics is an asset-free provider of B2B 3PL services. Utilising a broad national network of agents and 12 strategically located transfer centres, Time provides truckload and less-than-truckload … [Read more...] about Dicom Transportation acquires Time Logistics