As the logistics landscape continues to evolve rapidly, DHL unveils the 7th edition of the DHL Logistics Trend Radar, a biennial report that highlights the foremost social, business, and technological trends impacting the industry. Since its inception in 2012, the report provides an in-depth analysis of logistics trends, their impact, progression, and associated challenges and opportunities. For each of the 40 trends—17 social and business and 23 technological—the radar outlines the predicted … [Read more...] about DHL Logistics Trend Radar 7.0 unveils emerging AI trends and sustainable solutions
Logistics
Scan Global Logistics acquires Blu Logistics Brasil Transportes Internacionais LTDA extending its growing footprint in Latin America
After the approval of Brazilian Competition Authorities, Scan Global Logistics has completed the acquisition of Blu Logistics Brasil Transportes Internacionais LTDA in Brazil. Headquartered in São Paulo, employing more than 200 people across eight offices, Blu generated yearly revenue of BRL 570m in 2023. As one of Brazil’s leading freight forwarders, with a second largest in ocean freight import. Blu offers complete air and ocean freight services including customs clearance, trucking and … [Read more...] about Scan Global Logistics acquires Blu Logistics Brasil Transportes Internacionais LTDA extending its growing footprint in Latin America
DP World enters retail and fashion logistics
DP World has completed the acquisition of Cargo Services Far East Ltd – a global supply chain provider headquartered in Hong Kong. Cargo Services is a market leader in origin services – moving goods from the factory floor to the customer’s door. It employs over 2,500 people in Greater China and across Asia, Europe, South Africa and the US. With this significant milestone, DP World now has more than 115,000 employees, spread over 800 locations globally. By the end of the year, it will operate … [Read more...] about DP World enters retail and fashion logistics
Mondelēz International and GEODIS extend partnership for 3PL services
GEODIS, a global leader in transport and logistics services, announces an extension to its warehouse, co-packing and distribution contractual relationship with Mondelēz International in Singapore, for a further three years from this month. Mondelēz International is one of the world’s largest snacking companies, home to iconic global brands such as Cadbury and OREO, and local favourites. Under the contract, GEODIS will continue to support Mondelēz International in providing warehousing and … [Read more...] about Mondelēz International and GEODIS extend partnership for 3PL services
Kerry Logistics Network posts 126% growth in profit
Kerry Logistics Network Limited announced the Group’s interim results for the six months ended 30 June 2024. Group’s Financial Highlights Revenue* grew by 10% year-on-year to HK$25,432 million (2023 1H: HK$23,197 million) Core operating profit* increased by 11% to HK$1,200 million (2023 1H: HK$1,078 million) Core net profit* also increased by 5% year-on-year to HK$606 million (2023 1H: HK$575 million) Profit attributable to the Shareholders for 2024 1H was HK$831 million (2023 … [Read more...] about Kerry Logistics Network posts 126% growth in profit
Militzer & Münch opens country unit in India
Logistics group Militzer & Münch is on a strategic growth path in Asia: a new country unit in India, registered under the name of M&M Militzer and Muench (India) Private Ltd., started operations on August 5. The new company focuses on air and sea freight – with a particular focus on the pharmaceutical industry and AOG services – as well as project logistics. Militzer & Münch India handles road transportation, air and sea freight, and project logistics for its customers, both … [Read more...] about Militzer & Münch opens country unit in India
