Agility has issued the following statement signed by its CEO Tarek Sultan in response to the recent approval by the World Trade Organization (WTO) of the trade facilitation agreement (TFA) measures that would add US$1 trillion to the global economy through new rules on customs and cross-border trade. "Today's WTO agreement offers real hope for small businesses, farmers, job seekers and others in rich and poor countries alike. Though there's no magic in the WTO package, the measures included … [Read more...] about Agility welcomes WTO approval of TFA
Logistics
Rhenus sets up independent company in Vietnam
Rhenus is founding an independent company in Vietnam with its headquarters in Ho Chi Minh City. Klemens Rethmann, CEO of the Rhenus Group, made the announcement on the sidelines of a visit by Sigmar Gabriel, the German Minister for Economic Affairs and Energy, to the 14th German Asia-Pacific Business Organisation in Vietnam. The Eurasian logistics services provider has always handled projects in Vietnam in conjunction with selected national agents in the past. Majority holdings with one … [Read more...] about Rhenus sets up independent company in Vietnam
IoT platforms make steady gains in 2014
Market forecasts from ABI Research show that the revenues from the Internet of Things (IoT) application enablement platform (AEP) grew by 28 per cent in 2014. By end-2020, the revenue base will exceed US$1.4 billion, led by applications for remote monitoring and control. “Amid all the market noise surrounding IoT platforms, it is wise to remember that the AEP layer of this business isn’t anywhere close to the billion-dollar level yet,” says principal analyst Aapo Markkanen. … [Read more...] about IoT platforms make steady gains in 2014
DHL, UNDP prepare for disaster relief logistics
Deutsche Post DHL and the United Nations Development Programme (UNDP), in partnership with the Ministry of Disaster Management and Ministry of Civil Aviation, kicked off a disaster preparedness initiative " Get Airports Ready for Disaster " (GARD) workshop in Colombo . The four-day workshop will be held from 2 to 5 December 2014, and will provide training to 34 Bandaranaike International Airport (BIA) personnel to effectively deliver and support vital relief operations in the aftermath of a … [Read more...] about DHL, UNDP prepare for disaster relief logistics
Lufthansa Cargo turns 20
On 30 November two decades ago, Deutsche Lufthansa AG pooled its cargo activities in a separate company. This was the birth of Lufthansa Cargo. Airfreight had always been an important business for Lufthansa and its predecessor companies. But the significance of its cargo activities surged when it created an independent company. Not only did it integrate the cargo business of Deutsche Lufthansa but the cargo flights formerly performed first by German Cargo and later by Lufthansa Cargo Airlines … [Read more...] about Lufthansa Cargo turns 20
Xiamen Air to carry SF Express’ goods
Xiamen Airlines, a carrier based in Xiamen, Fujian province, signed a contract with SF Express Group to carry the logistics company's goods on the carrier's routes from Beijing starting Thursday. The airline will carry 6,000 tons goods for SF Express in 2015 and the volume will increase by 20 per cent annually during the contract term, according to their agreement. It runs nine routes from Beijing and will open eight new routes from the capital in the next three to five … [Read more...] about Xiamen Air to carry SF Express’ goods
