The global 3PL market is forecast to reach US$925.31 billion by 2020, according to a new study by Grand View Research Inc. Increased convergence on core competencies by outsourcing secondary business activities such as logistics is expected to drive the 3PL market over the forecast period. Infeasibility in managing geographically dispersed supply chain operations as a result of increased globalisation has led to several companies outsourcing their logistics function. Emerging trends such as … [Read more...] about 3PL market to reach US$925B by 2020
Kuehne Nagel
K+N posts a solid 2014 result
It was all-good for Kuehne + Nagel (K+N) in 2014 as the logistics giant posted a 6.1 per cent rise in earnings for the year on the back of improved business across its sectors - seafreight, airfreight, land and contract logistics. In 2014 K+N recorded a net turnover of CHF 17,501 million, up 1.9 per cent (in constant currencies 5.1 per cent) higher than in the previous year. Gross profit rose by 0.5 per cent (in constant currencies 2.9 per cent) to CHF 6.288 million and the operational … [Read more...] about K+N posts a solid 2014 result
More K+N innovation for BAT supply chain
Kuehne + Nagel and British American Tobacco (BAT) are extending their collaboration with the implementation of a new global integrated logistics solution. The concept widens the scope of activity carried out by Kuehne + Nagel for BAT and sees the two organisations collaborate further to drive innovation in BAT’s existing supply chain. The new Global Marine and Air Logistics Service Centre (GMALSC) concept integrates all of BAT’s global air and sea freight flows into a single … [Read more...] about More K+N innovation for BAT supply chain
Positive outlook for K+N’s perishable business
Kuehne + Nagel is one of LAN CARGO’s key customers and, within northern South America, the most important shipper of flowers. The two companies share a long commercial relationship that has strengthened over time. Pablo Canales, executive director of LAN CARGO Colombia, interviewed Chistian Lüchau, regional perishables manager for Central and South America at Kuehne + Nagel, about the challenges the industry faces in the region, the companies’ commercial relationship as … [Read more...] about Positive outlook for K+N’s perishable business
Positive outlook for K+N’s perishable business
Kuehne + Nagel is one of LAN CARGO’s key customers and, within northern South America, the most important shipper of flowers. The two companies share a long commercial relationship that has strengthened over time. Pablo Canales, executive director of LAN CARGO Colombia, interviewed Chistian Lüchau, regional perishables manager for Central and South America at Kuehne + Nagel, about the challenges the industry faces in the region, the companies’ commercial relationship as … [Read more...] about Positive outlook for K+N’s perishable business
Kuehne + Nagel opens Sydney logistics centre
Kuehne + Nagel has extended its logistics infrastructure in Greater Sydney to meet the growing demand for end-to-end logistics solutions. Placed in the quickly developing logistics hub area Eastern Creek, the facility is strategically located within short distance to the intersection of Sydney’s major motorways. Based on a built-to-suit concept, the new logistics centre offers 20,000 square metres of warehousing space with eight loading docks and levellers. Technical features include … [Read more...] about Kuehne + Nagel opens Sydney logistics centre
