CEVA Logistics is expanding its presence across the Middle East with a new office in Bahrain. Located in Manama, the new office will offer a full range of air, ocean, ground and contract logistics services. CEVA Logistics’ revenue in the region grew 30 percent last year, and the forwarder expects its local presence to accelerate its growth in key industries and to support end-to-end deliveries and last-mile service. CEVA Logistics' direct presence in the Middle East now includes Bahrain, … [Read more...] about CEVA Logistics opens new office in Bahrain
Logistics
SingPost names new information chief
National postal service operator Singapore Post Limited (SingPost) has appointed Noel Singgih as its Group Chief Information Officer (CIO) in July 2022. With more than 20 years of experience, Mr Singgih joins the management team from DHL Supply Chain, where he was the unit’s chief information officer for Asia Pacific. Mr Singgih, who spent a decade with DHL, held several key leadership roles, amassing a wealth of expertise in developing IT solutions for global customers. Mr Vincent … [Read more...] about SingPost names new information chief
Kerry Logistics ramps up US freight service via HSV
Kerry Logistics is ramping up capacity in its controlled network with four weekly charter flights from Hong Kong (HKG) to Huntsville (HSV) in Alabama.. Weekly direct flights from HKG to HSV are scheduled on Mondays, Tuesdays, Thursdays and Sundays. These are supported with B2B, B2C and B2B2C door-to-door services to different cities in the Americas, including Chicago, Los Angeles, New York, Miami, Bogota, Mexico City, Santiago, Lima, and Montevideo. One highlight of this service is its … [Read more...] about Kerry Logistics ramps up US freight service via HSV
JD.com buys 361,000-sqft warehouse in the UK
JD.com, a leading supply chain-based technology and service provider, through subsidiary JD Property Group Corporation, has made its first UK transaction with the purchase of a 361,000-sqft warehouse in Milton Keynes from the client of Abrdn. JD Property Group Corporation, which develop logistics and industrial infrastructure, has a combined gross floor area (GFA) of over 200 million square feet under management, with a warehouse network that covers China, Southeast Asia, and Europe. Cen … [Read more...] about JD.com buys 361,000-sqft warehouse in the UK
DHL Express injects €104m into Munich gateway
DHL Express Germany last week held a groundbreaking ceremony for a new 11,000-sqm facility at Munich Airport (MUC) as it looks to expand amidst growing shipment volumes at the Munich gateway. The express integrator will invest €104 million for the new building which will be seven times larger than the warehouse it currently rents at Munich Airport's cargo center. Markus Reckling, Managing Director at DHL Express Germany explained that the bigger facility and its location will translate … [Read more...] about DHL Express injects €104m into Munich gateway
Wingcopter scores US$42m in latest funding round
German delivery drone manufacturer and service provider Wingcopter last week raised $42 million from renowned financial and strategic investors as part of a Series A extension round. The fresh funding triples the company’s total equity raise to more than $60 million to date. Leading retailer REWE Group and German investors Salvia and XAI technologies have come onboard as new shareholders. They will now join Japanese conglomerate ITOCHU and previous backers Future Capital from Germany and … [Read more...] about Wingcopter scores US$42m in latest funding round