Mapletree Logistics Trust Management Ltd., announced the proposed acquisition of a logistics property in South Korea, Wonjin Logistics Centre, from Wonjin Logistics Co., Ltd. for KRW37.85 billion. The Property comprises two blocks of multi-tenanted dry warehouses with a total gross floor area of about 29,325 square metres and land area of 31,055 sqm. It is located in Gyeonggi-do, a province surrounding Seoul with 25 million inhabitants or over half of the country’s population, and … [Read more...] about Mapletree Logistics Trust to acquire Logistics Property In South Korea
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Redwood Logistics announced plans to acquire Strive Logistics
Redwood Logistics, a strategically-integrated North American logistics company based in Chicago, Illinois, announced that will be acquiring Strive Logistics. The combination creates a technology-focused, high growth industry leader that is both a top-15 truck broker and an emerging multimodal logistics provider with over $1 billion in freight under management. Strive, which was founded in 1995, is a leading provider of non-asset multimodal third party logistics solutions with offices in … [Read more...] about Redwood Logistics announced plans to acquire Strive Logistics
Yusen Logistics Establishes Global Headquarters
Yusen Logistics Co., Ltd. Has recently established Global Headquarters to formulate company-wide corporate strategies and directions to become a company that provides consistent quality and services globally and has a strong competitive foundation. In order to achieve their Mission, "To become the world's preferred supply chain logistics company", they have formulated four basic strategies under the Long-Term Vision "TRANSFORM 2025". To achieve one of these core … [Read more...] about Yusen Logistics Establishes Global Headquarters
Airbus reports strong Full-Year 2018 results
Airbus SE reported strong Full-Year (FY) 2018 consolidated financial results and delivered on its guidance for all key performance indicators. As of 1 July 2018, the A220 aircraft programme has been consolidated into Airbus. Net commercial aircraft orders totalled 747 (2017: 1,109 aircraft), including 40 A350 XWBs, 27 A330s and 135 A220s. Showing the underlying health of the market, the order backlog reached an industry record of 7,577 commercial aircraft at year-end, including 480 … [Read more...] about Airbus reports strong Full-Year 2018 results
Eutelsat Corporate First Half 2018-19 Results
The Board of Directors of Eutelsat Communications, chaired by Dominique D’Hinnin, reviewed the financial results for the half-year ended 31 December 2018. Key Financial Data 6M to Dec. 2017 Restated 6M to Dec. 2018 Change P&L Revenues - €m 688.1 658.1 -4.4% “Operating Verticals” revenues 675.9 660.4 -2.3% “Operating Verticals” revenues at constant currency and perimeter 669.9 653.8 -2.4% EBITDA- €m 546.2 518.4 -5.1% EBITDA … [Read more...] about Eutelsat Corporate First Half 2018-19 Results
Kerry Logistics Introduces IoT Solution to Global Supply Chain with Smart Sensor
Kerry Logistics Network Limited brings Internet of Things (IoT) to practice in international shipments with the introduction of smart sensor which enables total supply chain visibility and sophisticated security measures. With real-time information available on the digital supply chain, Kerry Logistics is able to provide timely and useful data to international customers for agile decision making and response to achieve ultimate supply chain optimisation. The sensor-based logistics solution … [Read more...] about Kerry Logistics Introduces IoT Solution to Global Supply Chain with Smart Sensor
