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$228m logistics hub in Singapore
Logistics
Panalpina reports stable profits in “challenging environment”
International freight forwarding and logistics company Panalpina has kept profitability stable in the first half of 2015 despite what it said was a "challenging environment". While the group’s gross profit decreased five per cent (adjusted at constant currency rates: +2 per cent) to CHF 736.1 million (US$ 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"
B&H Worldwide launches AOG logistics centre
Specialist aerospace logistics provider B&H Worldwide has extended its AOG service to cover its entire global operation. Based at London’s Heathrow airport the new B&H 24/7 Critical Logistics Centre is a permanently staffed single point of contact for all customers needing expert critical logistics assistance wherever they are located in the world. The centre becomes fully operational on 1 August 2015. Says B&H’s Group CEO, Stuart Allen: “When a customer calls us at 3am to ask … [Read more...] about B&H Worldwide launches AOG logistics centre
B&H Worldwide launches AOG logistics centre
Specialist aerospace logistics provider B&H Worldwide has extended its AOG service to cover its entire global operation. Based at London’s Heathrow airport the new B&H 24/7 Critical Logistics Centre is a permanently staffed single point of contact for all customers needing expert critical logistics assistance wherever they are located in the world. The centre becomes fully operational on 1 August 2015. Says B&H’s Group CEO, Stuart Allen: “When a customer calls us at 3am to ask for … [Read more...] about B&H Worldwide launches AOG logistics centre
DHL eCommerce launches Shanghai terminal
DHL eCommerce, a division of Deutsche Post DHL Group, has expanded its operations in China focusing on cross-border and domestic e-commerce services. The company announced the launch of a new DHL eCommerce Shanghai Terminal located in Jiuting, Shanghai and plans to launch additional drop off centers in North and South China by end of 2015 to benefit manufacturers in China. The new terminal in Shanghai is a dedicated facility for DHL eCommerce to tap on the burgeoning e-commerce sector … [Read more...] about DHL eCommerce launches Shanghai terminal
