Kerry Logistics Network has started deploying 5.5-tonne electric trucks (‘e-trucks’) in Hong Kong this month as part of its green initiative to achieve net zero emissions by 2050. The introduction of the e-trucks will be a trial run as the company looks to switch to renewable energy for road transportation to reduce greenhouse gas emissions. William Ma, group managing director of Kerry Logistics Network, said the company is in the process of shifting to alternative fuel vehicles and … [Read more...] about Kerry Logistics rolls out e-trucks in Hong Kong
3PL
Kerry Logistics launches new service on UK-Turkey lane
Kerry Logistics Network is responding to growing demand for multimodal options with a new one-stop solution (1S2) for imports and exports between the UK and Turkey. The new service features supply chain visibility through an online portal called KTreker and covers all modes to cater to customers who are looking for alternative sourcing locations outside Asia. Kerry Logistics is one of IATA’s primary cargo agents in Turkey and the company said the one-stop solution 1S2 was developed for … [Read more...] about Kerry Logistics launches new service on UK-Turkey lane
Southeast Asia has growing logistics outsourcing market
Logistics outsourcing market size, analysis, and forecast report till 2020 by Future Market Insights (FMI), provider of syndicated research reports, custom research reports, and consulting services. Regions across the globe with an attractive logistics outsourcing market, in terms of contract logistics, include North America and Southeast Asia. RoW (Rest of the World) is showing growth in inter-regional logistics. Major factors driving the development of logistics outsourcing market are … [Read more...] about Southeast Asia has growing logistics outsourcing market
Amazon makes further move into European logistics
Amazon has today announced the launch of its Pan-European Fulfilment by Amazon (FBA) programme. This new service will help sellers of any size export to millions of Amazon customers across the EU more efficiently than ever before, the e-tailing giant said in a statement. Amazon customers in turn will be able to receive thousands of new products from sellers across the EU, while benefitting from faster shipping times and lower delivery costs. The launch is further evidence of Amazon’s … [Read more...] about Amazon makes further move into European logistics
GEODIS completes acquisition of US-based OHL
GEODIS has announced that it has received the regulatory approvals and officially completed the acquisition of OHL (Ozburn-Hessey Logistics) based in Nashville, Tennessee (USA). OHL is one of the leading 3PL companies in the US, with annual revenue in excess of €1.2 billion. This acquisition is effective from 3 November. The combined structure will generate a consolidated annual turnover of over €8 billion with more than 38,000 employees and 165,000 customers. With around 400 logistics … [Read more...] about GEODIS completes acquisition of US-based OHL
GEODIS acquires US third-party logistics provider OHL
GEODIS, the European supply chain operator owned by French rail company SNCF, has sealed the deal to buy US-based third-party logistics provider Ozburn-Hessey Logistics (OHL). OHL operates more than 120 distribution centres in North America with over 3.35 million sqm of warehouse space and has a turnover of €1.2 billion. OHL has a core competency in direct-to-consumer fulfilment, specialising in apparel, electronics, healthcare, food and beverage, and consumer packaged goods. The firm is … [Read more...] about GEODIS acquires US third-party logistics provider OHL
