As part of its Asian expansion plan, CEVA Logistics, a leading supply chain company, has opened its new air freight hub at Hong Kong International Airport in Chek Lap Kok. With this development and together with its China business expansion, the company expects todouble its business growth rate by 2010. According to CEVA’s chief executive officer John Pattullo, who was on a recent two-day visit to Hong Kong to officiate the air freight hub opening, the company’s new facility will … [Read more...] about CEVA opens new Hong Kong freight hub
Logistics
Kuehne + Nagel International
Reinhard Lange, who was appointed successor to current Kuehne + Nagel International AG CEO Klaus Herms in September 2007, will take up his new position on 1 January 2009, the Swiss global forwarding and logistics group announced recently. “The board of directors, in agreement with the management board, has taken the decision to assign Reinhard Lange full responsibility for the implementation of the group’s strategy as of the beginning of 2009,” stated Klaus-Michael Kuehne, … [Read more...] about Kuehne + Nagel International
Menlo handles Nike’s online logistics
Menlo Worldwide Logistics LLC, the third-party logistics (3PL) subsidiary of US-based Con-way Inc, has announced that it is providing warehousing and distribution services – including home deliveries to the end customer – for products ordered through Nike’s European online store, as part of a partnership that began in 2007. Menlo said it would work in tandem with Nike’s distribution centre (DC) located in Laakdal, Belgium, and the Digital Commerce team in Hilversum, … [Read more...] about Menlo handles Nike’s online logistics
Two new US facilities for K+N
ProLogis, a US-based owner, manager and developer of distribution facilities worldwide, has reported the signing of new lease agreements totalling 386,000 sq ft at two distribution parks in the US with Kuehne + Nagel, a leading globallogistics provider. … [Read more...] about Two new US facilities for K+N
New Bahrain logistics centre for Aramex
Middle East-based forwarder and logistics provider Aramex has announced the opening of a new 4,000 sq m logistics centre in Bahrain designed to support the company’s expanding supply chain solutions network across the GCC (Gulf Co-operation Council) region. Aramex said the new facility had been designed to service a range of industries, including telecommunications, electronics and textiles. “Located in the Bahrain International Airport Free Zone, the state-of-the art facility … [Read more...] about New Bahrain logistics centre for Aramex
Sinotrans still profitable but feels slowdown
Chinese logistics company Sinotrans Ltd, recently reported a lower first half financial result for 2008, compared to the same period in 2007. The Beijing-based group, pointed to the economic slowdown in the US, combined with rising costs, successive natural disasters and other factors affecting the Chinese economy. Sinotrans’ liner shipping services and a large proportion of its freight forwarding activities are focused on the transpacific and intra- Asian trades. In H1 2008, … [Read more...] about Sinotrans still profitable but feels slowdown