DHL Express says its global network can expect more than 50 percent increase in volumes during the 2020 peak season, compared to 2019. In Asia this number swings in the 30 to 40 percent range. Numbers from the most important shopping occasions from earlier this year have already shown an increase in online e-commerce shipment volumes by at least 35 percent, according to the express services provider. Also read: DHL Express bolsters fleet with converted Boeing 767-300 freighters But DHL … [Read more...] about DHL Express expects ‘extraordinary’ peak volume in Asia Pacific
e-commerce logistics
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
SingPost eyes stake in Australian 4PL to boost e-commerce push
Singapore Post (SingPost) is looking to purchase a 38 percent stake in Freight Management Holdings (FMH), a fourth-party logistics (4PL) service company based in Victoria, Australia, for US$62 million (A$85.0 million). Its wholly-owned subsidiary SingPost Logistics Holdings on 16 October entered into a conditional sale and purchase agreement with the existing shareholders of FMH, as well as share subscription agreement with the Australian 4PL for the stake purchase, according to a bourse … [Read more...] about SingPost eyes stake in Australian 4PL to boost e-commerce push
Kerry Logistics posts strong H1, backed by airfreight and e-commerce
Kerry Logistics’ net profit jumped 26 percent to HK$845 million (US$109 million) in the first six months, compared to the same period last year, despite experiencing a downturn in its warehouse business due to Covid-19. A shortfall in total logistics revenue was attributed to operating fewer warehouses in Hong Kong. As widespread lockdowns resulted to a drop in demand for non-essential products, the Hong Kong-based logistics provider said warehouse operations in Asia have been severely … [Read more...] about Kerry Logistics posts strong H1, backed by airfreight and e-commerce