International forwarder and logistics player Geodis is responding to the demand for supply chain services in South Korea with the opening of a new facility in Icheon. The new facility will provide additional warehousing and value-added contract logistics resources for e-commerce companies and manufacturers in the region as more consumers take their buying habits online. “Completed in March 2021, the new premises provide a variable ambient environment with temperatures ranging from 5°C to … [Read more...] about Geodis expands logistics footprint in South Korea
Logistics
Rhenus Logistics opens free zone warehouse in Bangkok
Global logistics service provider Rhenus Logistics has opened a new free zone warehouse in Bangkok, Thailand, as it aims to serve a wider range of industries. The warehouse is strategically located within a 10-kilometre radius of three existing warehouses that house general cargo and dangerous goods. Rhenus says the facility, located within Bangkok's free trade zone, will offer a wider range of services to key industries like manufacturing, medical devices and healthcare, whilst offering … [Read more...] about Rhenus Logistics opens free zone warehouse in Bangkok
CEVA Logistics inks deal with Collins Aerospace Singapore
CEVA Logistics is further expanding its aerospace customer base with a 2-year contract to manage in-factory logistics support for Collins Aerospace in Singapore. The contract is based on solutions designed by CEVA that will be implemented at the Changi North site. The logistics company will provide inbound receiving to inventory, pick and kit, as well as outbound dispatch of overhaul aerospace parts. Picking and kitting will focus on three main areas: power and control, mechanical and … [Read more...] about CEVA Logistics inks deal with Collins Aerospace Singapore
SEKO Logistics is Rangers FC’s official logistics partner
Press Release SEKO Logistics is gearing up for its biggest-ever sports logistics order fulfilment and global shipping campaign as official logistics partner to new Scottish Premiership champion Rangers Football Club. Manager Steven Gerrard and his squad claimed Rangers’ record-breaking 55th league title on March 7, ending a nine-year wait to reclaim Scotland’s biggest sporting prize. With three million global fans, 45,000 season ticket holders, 30,000 corporate guests annually and over 600 … [Read more...] about SEKO Logistics is Rangers FC’s official logistics partner
KWE Malaysia unveils warehouse in Penang Airport FCZ
Kintetsu World Express’ Malaysia unit has launched a new warehouse in the free commercial zone at Penang International Airport this week, a press release confirmed. The warehouse, which occupies 9,234 square metres, started operations on 1 February and has a temperature-controlled area suitable for handling precision electronic equipment, medical equipment, and other freight requiring specific temperature and humidity levels. “Penang is a focus for investment by foreign-based corporations … [Read more...] about KWE Malaysia unveils warehouse in Penang Airport FCZ
Air freight, contract logistics drive 2020 revenue for Agility
Global logistics provider Agility on Monday reported net profit of US$138 million (KD 41.6 million) for 2020, down 52.1 percent from 2019. In its 2020 financial report, the company recognised the performance of its integrated logistics (GIL) unit, which took much of the slack as other business units saw dismal results. Full-year net revenue for GIL inched up 3.8 percent versus 2019 to US$940 million (KD283.7 million), primarily driven by air freight and contract logistics which saw revenue … [Read more...] about Air freight, contract logistics drive 2020 revenue for Agility