JD.com, a leading supply chain-based technology and service provider, through subsidiary JD Property Group Corporation, has made its first UK transaction with the purchase of a 361,000-sqft warehouse in Milton Keynes from the client of Abrdn. JD Property Group Corporation, which develop logistics and industrial infrastructure, has a combined gross floor area (GFA) of over 200 million square feet under management, with a warehouse network that covers China, Southeast Asia, and Europe. Cen … [Read more...] about JD.com buys 361,000-sqft warehouse in the UK
Logistics
DHL Express injects €104m into Munich gateway
DHL Express Germany last week held a groundbreaking ceremony for a new 11,000-sqm facility at Munich Airport (MUC) as it looks to expand amidst growing shipment volumes at the Munich gateway. The express integrator will invest €104 million for the new building which will be seven times larger than the warehouse it currently rents at Munich Airport's cargo center. Markus Reckling, Managing Director at DHL Express Germany explained that the bigger facility and its location will translate … [Read more...] about DHL Express injects €104m into Munich gateway
Wingcopter scores US$42m in latest funding round
German delivery drone manufacturer and service provider Wingcopter last week raised $42 million from renowned financial and strategic investors as part of a Series A extension round. The fresh funding triples the company’s total equity raise to more than $60 million to date. Leading retailer REWE Group and German investors Salvia and XAI technologies have come onboard as new shareholders. They will now join Japanese conglomerate ITOCHU and previous backers Future Capital from Germany and … [Read more...] about Wingcopter scores US$42m in latest funding round
Bolloré Logistics opens fulfilment hub in Thailand
Bolloré Logistics has something to smile about as the French forwarder opened its brand-new warehouse and distribution centre in Thailand on 8 June. Nicknamed SMILE HUB, the fulfilment facility is situated in Bangplee—-23 kilometres away from Suvarnabhumi International Airport in Bangkok. It offers an area of 11,000 square metres and was designed for the perfume, cosmetics and luxury sector. Bollore said the new hub, designed by Frasers Property Industrial Thailand, was built in line with … [Read more...] about Bolloré Logistics opens fulfilment hub in Thailand
CEVA Logistics delivers life-size jet replica for film premiere
The need for speed was critical for the CEVA Logistics Showfreight team as they managed the logistics for a full-scale replica of a Typhoon fighter jet at the new blockbuster movie premiere in London’s Leicester Square. The team had seven hours to unload and install the scale model for their client, BAE Systems, who produces the real-world aircraft. Seven hours to assemble aircraft display Following months of planning and preparation, the CEVA team had just seven hours to build the aircraft … [Read more...] about CEVA Logistics delivers life-size jet replica for film premiere
Supplying 250 million antigen test kits in a turbulent market
Over the past few years, the ongoing challenges confronted across the logistics industry have continued to test supply chain resilience. Tasks previously considered standard processes by the teams on the ground are now significant challenges. This new market environment brings more variables and complications than ever before in the history of logistics. Therefore, transparent communication with customers is vital when recommending how to build a more resilient and flexible supply chain, as … [Read more...] about Supplying 250 million antigen test kits in a turbulent market
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