After approval from the competition authorities, DSV Panalpina has completed the acquisition of Prime Cargo and will take over its freight, warehouse and logistics operations in Denmark, Poland and China from Japan-based international forwarder Mitsui-Soko Group. “DSV Panalpina and Prime Cargo share the same values and way of doing business, providing high quality personal service at competitive prices, and together we will be able to achieve more,” noted Henrik Nielsen, executive vice … [Read more...] about DSV Panalpina completes Prime Cargo purchase
Logistics
Korean Air Cargo enhances cold chain with Pelican BioThermal deal
Korean Air Cargo has partnered with Pelican BioThermal, which will allow the airline’s customers to use the latter’s temperature-controlled shipping containers and packaging solutions on demand, as airlines begin transporting vaccines worldwide. With the new deal, Korean Air Cargo’s customers can get ‘rapid’ access to Pelican BioThermal’s deep frozen and frozen applications, including dry ice and phase change material (PCM) coolants, as well as cold chain shipping rental solutions through its … [Read more...] about Korean Air Cargo enhances cold chain with Pelican BioThermal deal
Kerry Logistics to build bonded logistics facility in Hainan
Kerry Logistics Network announced plans to construct a bonded warehouse in Haikou’s integrated free trade zone, as it looks to seize the opportunities presented by China’s plan to develop the province of Hainan as a major trade centre. Scheduled for completion in the first quarter of 2023, the 50,000-sqm facility will contain 10,000 sqm of cold storage and marks the first time an international 3PL will invest in a premium bonded logistics centre in the Hainan free trade port. The 3PL … [Read more...] about Kerry Logistics to build bonded logistics facility in Hainan
Hong Kong-listed firm to open world’s first cargo drone facility in Japan
Hong Kong-listed ESR Cayman, a logistics real estate platform, has started construction on a distribution centre in the greater Tokyo area which is expected to be the world’s first cargo drone logistics facility. Together with UK-based drone developer VRCO, ESR will design and demonstrate the ESR Higashi Ogishima DC–Phase 1, which will cover around 365,000 square metres of floor area and is expected to be a base for the electric vertical take-off and landing (eVTOL) airframes touted to move … [Read more...] about Hong Kong-listed firm to open world’s first cargo drone facility in Japan
Crane Worldwide set to expand in EMEA contract logistics market
Crane Worldwide Logistics plans to further extend its contract logistics footprint within Europe, the Middle East, and Africa, recently opening new offices in Doha with plans for expansion in due course, a spokesperson confirmed. In Europe and Africa, the third party logistics company has announced the opening of new warehouse facilities in the Midlands, Dublin, and Johannesburg, as well additional space in Dutch city Tilburg. “Our goal has always been to position ourselves according to … [Read more...] about Crane Worldwide set to expand in EMEA contract logistics market
Zuellig Pharma adds more cold storage capacity in Asia
Pharma distributor Zuellig Pharma is making expansion plans for its cold storage warehouse capacity in key regional markets over the next 12 months as the company prepares for the anticipated storage and distribution demands of COVID-19 vaccines. The company is constructing a US$6 million 6,300-square-metre warehouse in Phnom Penh, which it says will be Cambodia’s largest pharma warehouse. The warehouse will increase its cold storage capacity by four times and will be fully operational by the … [Read more...] about Zuellig Pharma adds more cold storage capacity in Asia
