AMB Property Corporation, a globaldeveloper and owner of industrialreal estate, said it has leased 1,024,000square feet to DHL Exel Supply Chain,the logistics business unit of DHL'sgroup of companies. The Deutsche Post unit has fullyleasedthe distribution space of threenewly redeveloped industrial buildingsat AMB Fengxian Logistics Center inShanghai. DHL Exel Supply Chainis using the multi-client logistics campusto deliver distribution services tomanufacturers of fast-moving consumergoods and … [Read more...] about AMB leases DHL distribution space
Air Freight Logistics
Schenker, BAX Global offer joint India network
Schenker and BAX Global havemerged in India and are offering ajoint network service of 27 locationsin the country to customers. Christian Nebel, managing directorof the joint organisation of Schenkerand BAX Global in India, said the mergedentities were able to offer comprehensivesolutions in airfreight, intermodaland project business, among others,along with a host of other warehousingand associated logistics and supplychain management services. … [Read more...] about Schenker, BAX Global offer joint India network
China logistics hubs show potential
China's five main logistics centresmay see 10 second-tier cities operatingas centres of manufacturing andlogistics, according to a research reportby property consultant Jones LangLaSalle (JLL). The second-tier cities of Chengdu,Hangzhou, Shenyang, Chongqing,Wuhan, Nanjing, Harbin, Changchun,Xi'an and Zhengzhou all show increasingtrends in retail growth, they said. "Given that the retail sector accountsfor three-quarters of logistics activity,the current and future location … [Read more...] about China logistics hubs show potential
Crane gets OK for buy-out
The board of EGL Inc., a majorfreight forwarder, has approved thelatest buyout offer led by James Crane,the company's chairman and CEO. Houston-based EGL has signed a definitive merger agreement under which Crane and his private equity investors - Centerbridge Partners LPand The Woodbridge Co. Ltd., aninvestment group formed by Canada'sThomson family - will acquire the companyin a transaction valued at about$1.7 billion. EGL's board has approved the agreementand will recommend that … [Read more...] about Crane gets OK for buy-out
AFIF Conference 2007 moves to Cairns
The programme for the next AFIFnational conference, (to be held betweenMay 23 and 25 in Cairns), is finalisedand the registration brochure andprogramme is being printed ready fordistribution in the very near future. The programme is looking very strongand will include many high profile speakersin all areas of our business. AFIF is delighted to feature JonarNader, one of the most powerful andthought provoking presenters in thecountry. The conference venue will be themagnificent Cairns … [Read more...] about AFIF Conference 2007 moves to Cairns
Customs star wins young achiever award
A 20-year-old customs supervisorfrom Cunningham Gill Ltd has beennamed the Singapore Airlines Cargo-CBAFF New Zealand Young Achieverof the Year. The Customs Brokers and FreightForwarders Federation (CBAFF) annualaward recognises a high achieverwithin the international freight forwardingand logistics industries. Aucklander Nick Philp wrote anessay, "Onboard couriers - the forgottenforwarders", which examined thebenefits that shipping companies couldderive from providing personal … [Read more...] about Customs star wins young achiever award
