Copenhagen-based logistics provider Scan Global Logistics (SGL) has taken another step in building on its 10-year-strong presence in China and Hong Kong with the acquisition of Sea-Air Logistics (SAL), headquartered in Hong Kong. The takeover will take effect on 5 July 2022, and Scan Global said the merger will allow for further penetration in segments like consumer electronics, technology, pharma and healthcare. SGL noted that the acquisition will increase its market share on the … [Read more...] about Scan Global expands footprint in Asia with latest merger
logistics services
Aramex breaks ground in Dubai Logistics City
Aramex has broken ground on its Dubai-based Logistics Centre, located in Dubai Logistics City (DLC). The AED 120 million (US$37.2 million) facility encompasses a built-up area of over 43,000 square metres, situated over a 140,000 square-metre area of land, and is due for completion in the first quarter of 2011. The logistics centre is strategically located next to the Jebel Ali Port and Free Zone, complementing Aramex’ product offering of total logistics solutions. The new Aramex … [Read more...] about Aramex breaks ground in Dubai Logistics City
Agility wins major logistics contract from RasGas
Integrated logistics solutions provider Agility, has been awarded a major new contract in Qatar by RasGas, the country’s key liquefied natural gas (LNG) enterprise. The scope of the multi-million dollar contract comprises global freight forwarding, transportation and customs clearance for a period of four years, both locally and around the world. “Qatar is crucially important to the growth of Agility in the region and this deal represents an important milestone in our … [Read more...] about Agility wins major logistics contract from RasGas
Innovation and quality pay off for Aramex
Aramex’s founder, Fadi Ghandour put it directly: “While the global economic slowdown continued to affect our revenue growth in this period (revenues fell by eight per cent), we maintained focus on operational cost efficiency and customisation capabilities to better adapt to customers’ changing business needs. This has enabled us to further improve our gross profit margins, control costs, and report an excellent netincome growth.†He went on to add that Aramex … [Read more...] about Innovation and quality pay off for Aramex
Huawei selects Panalpina as prime LSP
Swiss-based global forwarder Panalpina has been named as a prime logistics service provider (LSP) by China’s Huawei Technologies, a global telecommunications giant, for Huawei’s China-Brazil end-to-end business. Under the three-year agreement Panalpina will handle all international air freight estimated to be several thousand tonnes annually, from China to Brazil as well as the full logistics services at destination, including local distribution and warehousing. … [Read more...] about Huawei selects Panalpina as prime LSP
