With the reopening of the Shanghai port at the beginning of June, the pandemic-induced freight backlogs are finally starting to clear. However, given the various knock-on effects, don't expect supply chain disruptions to disappear for at least another nine to 12 months. The good news is that most companies now realise that the traditional just-in-time (JIT) model has serious flaws and are reacting and adapting their strategies. Increasingly, they are working with third-party logistics (3PL) … [Read more...] about Goodbye, just in time and hello, just in case!
contract logistics
Hong Kong-based LF Logistics now part of Maersk
A.P. Moller - Maersk completed its US$3.6b acquisition of LF Logistics in late-August, taking control of the Hong Kong-based contract logistics company which will now be rebranded to Maersk. Maersk will add 223 warehouses to the existing portfolio, bringing the total number of facilities to 549 globally, spread across a total of 9.5 million square meters. LF Logistics, part of supply chain manager Li & Fung, employs 10,000 people, operates an extensive pan-Asia network and specialises … [Read more...] about Hong Kong-based LF Logistics now part of Maersk
Cainiao eyes automated distribution hubs with Daraz
Cainiao Network and e-commerce platform Daraz have announced upcoming plans to automate two smart distribution centres in Pakistan. The distribution centres will be equipped with innovative smart technologies, such as an automatic assembly line and smart distribution setup, as well as Cainiao’s proprietary solutions, including e-PLC, control algorithm and WCS. Daraz grew 85 percent in gross merchandise value (GMV) over the last two years, experiencing revenue surges during the global 11.11 … [Read more...] about Cainiao eyes automated distribution hubs with Daraz
DB Schenker gives limited edition runners to staff
DB Schenker is celebrating its 150th corporate jubilee with an exclusive pair of adidas sneakers for its engaged staff. Under the umbrella theme “150 Years Elevating Lives,” the anniversary year features a challenge that motivates employees and close families and friends around the globe to count their steps and track their physical and mental activities. The forwarder said around 70 million kilometers so far have been collected via a dedicated app, and as an anniversary gift, all … [Read more...] about DB Schenker gives limited edition runners to staff
GEODIS banks on merger to enhance US service
GEODIS earlier this month has signed an agreement to acquire American company, Need It Now Delivers, which will enable the forwarder to increase its US presence in contract logistics and last-mile delivery. Need It Now Delivers operates an expansive domestic road freight network with more than 65 company locations and 300 distribution points, providing strong national coverage, particularly in the eastern United States. To offer its customers complete port-to-door logistics solutions, the … [Read more...] about GEODIS banks on merger to enhance US service
Bolloré Logistics opens fulfilment hub in Thailand
Bolloré Logistics has something to smile about as the French forwarder opened its brand-new warehouse and distribution centre in Thailand on 8 June. Nicknamed SMILE HUB, the fulfilment facility is situated in Bangplee—-23 kilometres away from Suvarnabhumi International Airport in Bangkok. It offers an area of 11,000 square metres and was designed for the perfume, cosmetics and luxury sector. Bollore said the new hub, designed by Frasers Property Industrial Thailand, was built in line with … [Read more...] about Bolloré Logistics opens fulfilment hub in Thailand
