Global supply chain provider and freight forwarder Yusen Logistics announced that it has acquired Hitech Asia Pacific – a specialist in end-to-end process management of sensitive freight. The acquisition will diversify Yusen Logistics’ portfolio into technical services supply chain, including specialised services supporting the medical and business equipment sectors. Following the acquisition, Hitech, which employs 110 staff at eight locations across Australia and New Zealand, will become a … [Read more...] about Yusen Logistics-Australia acquires Hitech Asia Pacific
Logistics
Supply chain resilience best defense against global risks: New report
A new report from DHL on risk management and supply chain resilience reveals that 74 per cent of companies surveyed suffered disruption in their supply chain in 2015 as conflict in the Middle East, catastrophic fires at Tianjin port, industrial action in US ports and other global disasters made 2015 a tough year for global supply chains. The InsightOn: Risk and Resilience report – the latest in the DHL series - highlighted that between 2000 and 2010, losses caused by supply chain disruption … [Read more...] about Supply chain resilience best defense against global risks: New report
A resilient Panalpina sails smoothly through 2015
The Panalpina Group reported a slight increase in EBIT and consolidated profit in what it described as a very challenging environment. Posting a rise of 15 per cent in EBIT to CHF 134.2 million (US$134.6 million) at constant currency and consolidated profit up 16.3 per cent to CHF 100.6 million (constant currency) in 2015 year-on-year. While volumes in Air Freight and Ocean Freight dropped slightly below previous year levels, Logistics achieved the first positive EBIT result for the full … [Read more...] about A resilient Panalpina sails smoothly through 2015
Yusen Logistics Indonesia launches Central Java consolidation/forwarding service
PT Yusen Logistics Indonesia has launched its own consolidation air freight forwarding service from Semarang Airport (Achmad Yani International Airport) in Central Java. The new service provides customers with a fast and cost-effective forwarding solution, which facilitates integrated in-house handling and includes both customs clearance and collection. The new service has been introduced to support the growing number of businesses moving into the region, according to Yusen and to improve the … [Read more...] about Yusen Logistics Indonesia launches Central Java consolidation/forwarding service
AIR CARGO INDIA: Cargo ‘making it in India’
India’s air cargo sector is expected to grow by more than 180 per cent within the next 15 years, in a large part boosted by Indian Prime Minister Narendra Modi’s 'Make in India’ campaign focusing on growing manufacturing from its present 15 per cent of GDP to a full 25 per cent by 2022, according to Dr Renu Singh Parmar, senior adviser for India’s ministry of civil aviation. She also estimated that India's air cargo throughput would rise from 2.6 million tonnes in 2015 to nearly 8.7 million … [Read more...] about AIR CARGO INDIA: Cargo ‘making it in India’
AIR CARGO INDIA: Cargo ‘making it in India'
India’s air cargo sector is expected to grow by more than 180 per cent within the next 15 years, in a large part boosted by Indian Prime Minister Narendra Modi’s 'Make in India’ campaign focusing on growing manufacturing from its present 15 per cent of GDP to a full 25 per cent by 2022, according to Dr Renu Singh Parmar, senior adviser for India’s ministry of civil aviation. She also estimated that India's air cargo throughput would rise from 2.6 million tonnes in 2015 to nearly 8.7 million … [Read more...] about AIR CARGO INDIA: Cargo ‘making it in India'
