Global logistics provider Agility on Monday reported net profit of US$138 million (KD 41.6 million) for 2020, down 52.1 percent from 2019. In its 2020 financial report, the company recognised the performance of its integrated logistics (GIL) unit, which took much of the slack as other business units saw dismal results. Full-year net revenue for GIL inched up 3.8 percent versus 2019 to US$940 million (KD283.7 million), primarily driven by air freight and contract logistics which saw revenue … [Read more...] about Air freight, contract logistics drive 2020 revenue for Agility
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Kuehne+Nagel teams up with pharma distributor Jointown
Kuehne+Nagel is stepping on the gas to expand its contract logistics business in China’s pharma and healthcare sector, as it announced a strategic partnership with Chinese distributor Jointown Pharmaceutical Group. The moves comes after the Swiss logistics provider said it will buy Chinese freight forwarder Apex International Corporation earlier this week, which the company considers its largest acquisition to date. The partnership with Jointown allows Kuehne+Nagel access to the company’s … [Read more...] about Kuehne+Nagel teams up with pharma distributor Jointown
CEVA Logistics wins another Airbus contract
CEVA Logistics has been awarded a contract to manage the production supply for Airbus at the aircraft manufacturer's assembly site in Hamburg, Germany, marking a major expansion in the forwarder's aerospace logistics business. CEVA will oversee the production supply for the A320 family structural assembly and the equipping of fuselage sections, as well as the manufacturing and equipping of the A330 and A350 sections in Hamburg. The company will operate the production supply logistics on … [Read more...] about CEVA Logistics wins another Airbus contract
Rolls-Royce warehouse in Singapore gains CEVA Logistics ‘showcase status’
Rolls-Royce’ 65,000-sqm assembly site in Singapore has been awarded showcase status within CEVA Logistics’ global network, becoming the first site operated by the logistics company in the country to achieve such feat. CEVA Logistics, which operates the Singapore site on behalf of the aerospace manufacturer, said it is one of the few facilities within the Southeast Asia & Pacific region to have garnered this achievement. And for Rolls-Royce, this is a global first. It took the … [Read more...] about Rolls-Royce warehouse in Singapore gains CEVA Logistics ‘showcase status’
CEVA Logistics bags contract with Pernod Ricard Thailand
CEVA Logistics won a five-year contract with drinks manufacturer Pernod Ricard to provide warehousing and distribution support in Southeast Asia. The logistics operator’s work in Thailand will include customs brokerage and import haulage, a combination of standard duty-paid and bonded warehouse management, and domestic transportation with value-added services, including tax stamping, warning label, gift box and repacking. Also read: CEVA Logistics strengthens its presence in … [Read more...] about CEVA Logistics bags contract with Pernod Ricard Thailand
Aramex names Thomas Kipp as new COO
Aramex announced the appointment of Thomas Kipp as the company’s new COO. Joining the senior leadership team, he will be responsible for overseeing Aramex’s global operations and business development, improving operational efficiencies, and championing crucial process improvements to drive long-term growth. Also read: Aramex turns on CargoWise for freight forwarding network Mr Kipp brings over 25 years of experience across logistics, e-commerce and management consulting in Europe, … [Read more...] about Aramex names Thomas Kipp as new COO
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