The CEO of Deutsche Post's DHL, Frank Appel has given an “unequivocal" denial that the logistics giant is looking to shed its troubled freight forwarding division, dismissing the flurry of reports as nothing more than “false rumours”. In a statement Deutsche Post DHL Group CEO, Frank Appel, said: “To clear up false rumours and to be unequivocal, Deutsche Post DHL Group is not exploring the sale of our Global Forwarding and Freight Division. “We have a market-leading position in this business … [Read more...] about DHL chief issues "unequivocal" denial of global forwarding sale
Freight Forwarders
Changi Airport beefs up cargo industry support with $14m package
Changi Airport Group (CAG) announced today a S$14 million package of support measures for its cargo partners, which will provide the sector with cost relief against the backdrop of a challenging outlook for the global airfreight industry. These measures, which include a one-time Special Assistance Package (SAP) for cargo agents and the extension of a landing fee rebate for scheduled freighter flights will apply for a year starting from 1 April 2016. Currently, cargo agents leasing cargo … [Read more...] about Changi Airport beefs up cargo industry support with $14m package
DHL said to be looking at possible sale of forwarding arm
Deutsche Post unit, DHL, is said to be looking at shedding its troubled freight forwarding division either by spinning if off in some form of strategic joint venture, or outright sale with Japan Post highlighted as a potential suitor, according to a Reuters report. The air and ocean forwarding units would be included in this move, with the land freight forwarding unit likely kept, the report noted citing an un-named source. An outright acquisition of the entire forwarding divison has been … [Read more...] about DHL said to be looking at possible sale of forwarding arm
Indonesia announces “big bang” opening up including logistics, e-commerce sectors
Indonesia’s President Joko Widodo unveiled plans this week for a "big bang" loosening of restrictions on foreign investment covering nearly 50 sectors of the economy - including the logistics sector - in order to stimulate economic expansion to reach a 7.0 per cent year-on-year gross domestic product (GDP) growth rate by 2019. The changes to Indonesia's Negative Investment List (Dafter Negatif Investasi) - the document that stipulates to what extent foreign investors can own businesses in … [Read more...] about Indonesia announces “big bang” opening up including logistics, e-commerce sectors
Bangladesh’s garment trade hit hard by concerns over Dhaka airport security
Security concerns over Bangladesh’s Dhaka Shahjalal International Airport are threatening impacting imports and exports, particularly the country’s lucrative garment trade. A recent ban by the Australian government on certain types of air cargo going Down Under has badly dented Bangladesh’s ready-made garment trade. Similarly, the UK Civil Aviation Authority urged Bangladesh in January to adopt new security measures within the next three months, insisting on a “three-layer security system” … [Read more...] about Bangladesh’s garment trade hit hard by concerns over Dhaka airport security
DHL Supply Chain launches data science white paper
DHL Supply Chain has today launched its latest white paper highlighting the untapped power of data-driven insight for the supply chain. The white paper, titled 'The predictive enterprise: Where data science meets supply chain’, reveals that most companies are sitting upon a goldmine of un-utilised supply chain data that has the ability to give organisations a competitive edge. Data mining, pattern recognition, business analytics, business intelligence, and other tools are coalescing into an … [Read more...] about DHL Supply Chain launches data science white paper