In one of Japan’s biggest corporate failures, Japan Airlines has applied for protection from creditors under the Corporate Rehabilitation Law — Japan’s version of the US’ Chapter 11 — with the Tokyo District Court. The axe has finally fallen at Japan Airlines (JAL) with the beleaguered carrier filing for court-protected bankruptcy and turning to Japan’s stateowned Enterprise Turnaround Initiative Corporation (ETIC) for … [Read more...] about JAPAN: JAL succumbs to bankruptcy protection
asia cargo news
Kuehne + Nagel handles Roche logistics in Chile
Kuehne + Nagel has been awarded a contract to manage the warehousing and distribution activities for Roche Chile. Under the terms of the agreement, Kuehne + Nagel will handle end-products and raw materials. The services also cover the handling of sensitive cargo such as temperature-controlled biotechnological products and psychotropic medicines. Kuehne + Nagel will support Roche Chile in optimizing its distribution processes, improving the performance of the 2,000 sqm logistics warehouse in … [Read more...] about Kuehne + Nagel handles Roche logistics in Chile
Schenker Malaysia attains ISO 28000:2007
DB Schenker Logistics (Malaysia) Sdn Bhd has said it is the first company in Malaysia to attain ISO 28000:2007 certifications on Supply Chain Security. This certification, which was audited and issued by Lloyd’s Register Quality Assurance (LRQA), is a specification for the security management system of the supply chain that also includes risk assessment and operational systems for dealing with fraud, among other elements. “This indeed underscores our commitment to constantly … [Read more...] about Schenker Malaysia attains ISO 28000:2007
Oz Logistics Council calls for smarter supply chains
The Australian Logistics Council (ALC) — representing Australia’s road, rail, sea and air logistics providers — has released a discussion paper aimed at boosting the efficiency and sustainability of the Australian logistics industry. The report titled: “A Smarter Supply Chain — Using Information & Communications Technology (ICT) to Increase Productivity in the Australian Transport Logistics Industryâ€Â, hopes to lead to implementation of … [Read more...] about Oz Logistics Council calls for smarter supply chains
K+N wins IVECO renewal for spare parts logistics
IVECO, one of the world’s largest producers of commercial vehicles and buses, has awarded Kuehne + Nagel with a renewal of its current integrated logistics service contract for a further period of three years. As IVECO’s preferred logistics service provider, Kuehne + Nagel is managing the majority of theirEuropean after market supply. The logistics solution provided by Kuehne + Nagel comprises the management of five regional spare parts distribution centres in Turin … [Read more...] about K+N wins IVECO renewal for spare parts logistics
New warehousing contracts for Damco Thailand
Damco has announced it has won two contracts to manage warehouse operations for international brands AB Food & Beverages and Michelin inThailand. Damco will meet AB Food’s warehousing needs for the handling of raw materials for its Ovaltine and Twinings brands in Bangkok. Damco will also handle warehousing activities for the export of bicycle tyres for Michelin, one of the world’s largest tyre manufacturers, in Laem Chabang. “We are very pleased with the … [Read more...] about New warehousing contracts for Damco Thailand