Airbus Helicopters is collaborating with Singapore Post (SingPost) as its logistics partner for the innovative Skyways parcel delivery project. The MoU was signed by Jean-Brice Dumont, Airbus Helicopters’ Executive Vice President of Engineering and Chief Technical Officer, and Mervyn Lim, SingPost’s Covering Group CEO. Skyways is an experimental project to develop a safe and economically viable aerial unmanned parcel delivery system for use in urban environments. A MoU was signed in … [Read more...] about Airbus selects SingPost as Skyways logistics partners
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Toll’s Paul Coutts to head Singapore Post
Toll Global Forwarding, Paul Coutts, has been appointed to the position of Group CEO of Singapore Post (SingPost) and also as a non-independent Director member of its Board, effective 1 June 2017. Coutts takes over from Wolfgang Baier who submitted his surprise resignation in early December 2016. In a statement, the chairman of SingPost, Simon Israel, said: “The SingPost Board is delighted to announce Paul's appointment as Group CEO. Given his seniority and the experience he brings from an … [Read more...] about Toll’s Paul Coutts to head Singapore Post
SingPost opens state-of-the-art e-commerce logistics hub
Singapore Post (SingPost) officially launched its new S$182 million (US$131 million) Regional eCommerce Logistics Hub today, located at the Tampines Logistics Park in Singapore. The three-story building will cover more than 51,097 sqm and will contain two warehousing floors, 150 simultaneous loading bays and a SingPost office block. The ground floor will be home to a fully automated parcel sorter, capable of handling up to 100,000 parcels a day. The second floor warehouse has also been … [Read more...] about SingPost opens state-of-the-art e-commerce logistics hub
SingPost ups stake in Shenzhen e-commerce company
Singapore Post Limited (SingPost) has purchased an additional 17.91 per cent of the equity in eCommerce cross-border solutions provider, Shenzhen 4PX Information Technology Co. Ltd (4PX). The deal worth RMB163.16 million (US$25 million) will see SingPost, through its wholly-owned subsidiary Quantium Solutions International (QSI), increase its equity interest in 4PX from 18 per cent to 35.91 per cent. Headquartered in southern China’s Pear River Delta region, 4PX is one of China’s top … [Read more...] about SingPost ups stake in Shenzhen e-commerce company
Changi stable in 2015, invests in niche cargo segments
While passenger traffic and aircraft movements set new records at Singapore Changi Airport, ‘stability’ was the word of the year for airfreight movements which held steady at 1.85 million tonnes for 2015. While Changi Airport’s total cargo throughput was little changed from a year earlier, there were pockets of growth in niche cargo segments and investment in new cargo infrastructure is expected to drive further growth in some of these niche sectors. For instance, there was strong … [Read more...] about Changi stable in 2015, invests in niche cargo segments
SingPost continues to innovate with new e-commerce shopping mall
Singapore Post (SingPost) has started construction work on a new S$150 million (US$107 million), 270,000ft² retail mall that combines the benefits of both online and offline shopping by offering a complete suite of e-commerce logistics solutions. The new mall - to be completed by mid-2017 - will be built as part of the Singapore Post Centre (SPC) and will offer greater convenience, choices and experiences to consumers by providing online e-merchants and brick-and-mortar shops all under one … [Read more...] about SingPost continues to innovate with new e-commerce shopping mall