FedEx Express has launched ‘one-stop’ cold chain solutions in mainland China. Outbound FedEx International Priority Service and domestic Priority Delivery Service in China now offer two packaging solutions – Gel-pack Temperature-Controlled Package and FedEx Cold Shipping Package. With three temperature ranges of -20-0° Celsius, 2-8° Celsius and 15-25° Celsius, these solutions will benefit industries that require refrigeration for their shipments, particularly the healthcare … [Read more...] about ‘One-stop’ cold chain solution for China: FedEx
Logistics
Ceva wins Universal logistics deal in Brazil
CEVA Logistics has signed a long term contract with Universal Music, a global music leader with strong market positions in recorded music, music publishing and merchandising, to manage their contract logistics operations in Brazil. CEVA will be responsible for the entire logistics for Universal Music in Brazil, South America, including warehousing activities (inbound, outbound, storage, inventory control), distribution (Air and Ground), transportation management, POD (Proof of Delivery), … [Read more...] about Ceva wins Universal logistics deal in Brazil
CEVA sees positive Q2, creates Project Logistics division
CEVA Holdings, one of the world’s leading non‐asset based supply chain management companies, reported results for the three months ended 30 June 2015 with an adjusted EBITDA up 25 per cent year-on-year (up 31.7 per cent in constant currency). CEVA’s significant increase in profitability in the second quarter illustrates benefits being derived from the execution of the company’s business line strategy implemented 1 January 2015, it said. “The company turned in a solid second quarter … [Read more...] about CEVA sees positive Q2, creates Project Logistics division
Toll unveils blueprint for S$228m logistics hub in Singapore
The Toll Group, now a division of Japan Post, has unveiled its blueprint for Toll City – a 100,000 square metre Toll City logistics hub in Singapore. The S$228 million (US$166 million) five-level, ramp-up facility will house state-of-the-art automation systems to improve productivity and operating efficiency for Toll and its customers in Singapore and in the region. The investment by Toll is its first since Japan Post acquired the Australian based logistics and express company in … [Read more...] about Toll unveils blueprint for S$228m logistics hub in Singapore
Panalpina reports stable profits in “challenging environment”
International freight forwarding and logistics company Panalpina has kept profitability stable in the first half of 2015 despite what it said was a "challenging environment". While the group’s gross profit decreased five per cent (adjusted at constant currency rates: +2 per cent) to CHF 736.1 million (US$ 771.7 Million), EBIT and consolidated profit remained stable, reaching CHF 60.4 million (+0.4 per cent; adjusted: +7 per cent) and CHF 45.3 million (+3 per cent; adjusted: +10 per cent), … [Read more...] about Panalpina reports stable profits in “challenging environment”
Panalpina reports stable profits in "challenging environment"
International freight forwarding and logistics company Panalpina has kept profitability stable in the first half of 2015 despite what it said was a "challenging environment". While the group’s gross profit decreased five per cent (adjusted at constant currency rates: +2 per cent) to CHF 736.1 million (US$ 771.7 Million), EBIT and consolidated profit remained stable, reaching CHF 60.4 million (+0.4 per cent; adjusted: +7 per cent) and CHF 45.3 million (+3 per cent; adjusted: +10 per cent), … [Read more...] about Panalpina reports stable profits in "challenging environment"