Centre Point Logistics (CPL), a Dubai-based provider of logistics, warehousing, and storage, has expanded its operations in the GCC after a deal was signed with SOHAR Port and Freezone in the Sultanate of Oman. The agreement will see CPL manage a 50,000sqm plot of land on the Freezone, and represents the first phase of expansion into KSA. It is also a significant coup for the Omani port authority, as UAE firms seek to take advantage of competitive energy and land rates, and transport links … [Read more...] about Centre Point Logistics to expand into Oman
Logistics
CEVA wins FIAMM distribution contract in Italy
FIAMM, a manufacturer of batteries and horns for automotive and industrial use, has appointed CEVA Logistics to manage the distribution in Italy of three product groups: standby batteries, starter batteries and horns. CEVA will be responsible for the picking of products at FIAMM’s warehouses in Almisano, in the province of Vicenza, and Veronella, in the province of Verona; it will also undertake deliveries to end customers. Under a new two-year agreement, CEVA will handle around 19,000 … [Read more...] about CEVA wins FIAMM distribution contract in Italy
FedEx expands Latin American connections
FedEx Trade Networks is broadening its services for trade lanes connecting key destinations in Latin America. The trade lanes include the following routes: Germany (Frankfurt) to Mexico (Mexico City and Guadalajara); Germany (Frankfurt) to Brazil (São Paulo and Campinas); Hong Kong to Mexico (Mexico City and Guadalajara) and US (Dallas) to Mexico (Mexico City, Guadalajara and Monterrey). “We’re committed to supporting our customers with more shipping options to Latin … [Read more...] about FedEx expands Latin American connections
Intertrade establishes new Singapore spares centre
Intertrade, a Rockwell Collins company that distributes new and recertified engine and airframe parts, has announced the opening of a new distribution center at the Singapore Changi Airport to store and ship inventory. “The investment in a Singapore distribution centre brings significant benefits to our Asia-Pacific customers, namely quicker delivery and reduced shipping costs,” said Shawn Berquist, director of Intertrade. “Time is not a luxury that our customers have … [Read more...] about Intertrade establishes new Singapore spares centre
BIFA names young forwarder of the year
Taking a leading role in the launch of two high profile high street brands into the South African market has helped to earn Jenifer Taylor of Santova Logistics the coveted prize of ‘Young Freight Forwarder of the Year’, sponsored by Virgin Atlantic Cargo, in the British International Freight Association’s Freight Service Awards. Taylor, who has worked with Santova for four and-a-half years, received her prize at the annual BIFA awards ceremony in London, attended by over 500 … [Read more...] about BIFA names young forwarder of the year
Blue Dart December quarter profit rises 17%
India’s Blue Dart Express reported a 17.7 per cent rise in standalone net profit at Rs 27.13 crore for the quarter ended December 2014. The company had registered a net profit of Rs 23.04 crore for the corresponding period a year ago, it said in a filing to the BSE. Total income from operations during the quarter increased to Rs 588.87 crore from Rs 505.50 crore in the same period last financial year. "We have been able to sustain our growth momentum in our performance this quarter, … [Read more...] about Blue Dart December quarter profit rises 17%
