Kerry Logistics has announced the opening of its 100,000 sq. ft. Premium Packaging Centre in Hong Kong in December. The technologically advanced and climate-controlled centre offers customers one-stop packaging services from consultation, material sourcing, packaging design, labeling, tagging, to sorting, packing, stocking and delivery to retail network. … [Read more...] about Kerry Logistics launches HK packaging centre

UPS has announced plans to increase its service parts logistics network in China with 101 new field stocking locations (FSLs) which will complement its existing 950 FSLs in 120 countries. The UPS FSL network expansion will cover 89 key cities across China, spanning more than 110 bonded and non-bonded FSLs, the express company said. “This expansion in China is important to the growth of our Post Sales business worldwide and will benefit companies who require close-to-customer China FSLs … [Read more...] about 101 new China stocking locations for UPS

The Indian logistics industry is poised to become a US$125 billion industry by 2010, an increase of around 17 per cent, from the current level, according to the Associated Chambers of Commerce and Industry of India (ASSOCHAM), which has a membership of more than 20,0000companies and professionals. The optimistic forecast came in a recently-circulated paper, ‘Building Logistics for Competitive Business’ from ASSOCHAM. The paper also forecast the outsourcing of 3rd party … [Read more...] about India logistics to hit $125 billion by 2010

Global freight forwarder Damco is to open an office in Maputo, Mozambique in order to improve its presence and service levels in South East Africa. Damco has been operating in Mozambique for the past two years from the existing office in Beira, supporting the landlocked countries of Malawi, Zimbabwe, and Zambia. Damco expects volumes through Mozambique to grow by 20 per cent next year. … [Read more...] about Damco expands in Mozambique

Weatherford and Halliburton, two major global players in the oil & gas industry and long-time Panalpina customers have awarded significant new businesses to the global forwarding and logistics group, it said. Weatherford is one of the largest global providers of innovative mechanical solutions, technology applications and services for all phases of oil and gas developments. The group has awarded Panalpina with significant air and ocean freight export business from the US and Canada. In … [Read more...] about Panalpina wins key oil & gas logistics contracts

United Parcel Service Inc (UPS) is looking for acquisitions to bolster its supply-chain and freight-forwarding units, according to its CEO Scott Davis. UPS has made more than 40 purchases in the past decade, and there are “likely to be some more” in the coming year, with China, India and the Middle East at the “top of the list” for expansion,said Davis. “We’re strengthening ourselves in emerging markets, the Middle East, Asia, areas where we think we … [Read more...] about UPS looking at acquisitions