APL Logistics

APL Logistics opens first-of-its-kind flow-through center in Jakarta

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Located in North Jakarta’s KBN Marunda Industrial Zone, APL Logistics’ new facility addresses the need for smarter, more sustainable industrial growth in line with Indonesia’s increasingly significant role in international trade. Having established their presence in Indonesia since 1999, APL Logistics' thriving business over the last 5 years has aptly demonstrated the potential of Indonesia’s market and that the resilience of its people are here to stay. Strategically positioned to support … [Read more...] about APL Logistics opens first-of-its-kind flow-through center in Jakarta

CJ Korea, KKR, XPO in bid for APL Logistics

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CJ Korea Express, KKR & Co, and XPO Logistics have been selected to make final bids for APL Logistics, the logistics unit of Singapore’s Neptune Orient Lines (NOL). Six offers were received in the first round of bidding; NOL has asked for final offers by next month. In a report by Bloomberg, a person with knowledge of the matter said NOL could sell the entire business for more than US$1 billion.  Bain Capital Partners and CVC Capital Partners have been chosen to … [Read more...] about CJ Korea, KKR, XPO in bid for APL Logistics