Siemens Logistics has agreed to sell its mail and parcels business to German technology group Koerber for 1.15 billion euros ($1.31 billion). Insider report about the sale of Siemens Logistics’s postal business, which recorded annual revenue of half a billion euros, has circulated since November of last year. The airport logistics business, which produces baggage and cargo handling solutions, will remain with Siemens Logistics, the company said. The deal with Koerber is expected to be … [Read more...] about Siemens Logistics agrees to sell parcel unit for US$1.3b
warehouse automation
Bolloré teams up with warehouse robot supplier in SG
Bolloré Logistics is paving the way for automated warehouse solutions with an initial order for a very narrow aisle (VNA) robotic truck to be used at its Blue Hub in Singapore. The transport and logistics player has signed a partnership agreement with Balyo, a designer and developer of robotic solutions for material handling trucks, as it aims to achieve automated pallet movement for its warehouses in Asia Pacific. Also read: Bolloré gets offer for its African logistics unit from MSC As … [Read more...] about Bolloré teams up with warehouse robot supplier in SG
UPS innovation centre makes debut in Singapore
UPS Supply Chain Solutions (SCS) is connecting businesses in Asia Pacific to the rest of the world, with digital logistics technologies as it officially opened the company’s first global innovation centre in Singapore. UPS said the innovation centre will serve as a testbed for new technologies that can narrow efficiency gaps in supply chains, including those that have yet to be deployed on a large scale, such as autonomous mobile robots (AMR), radio-frequency identification (RFID), and … [Read more...] about UPS innovation centre makes debut in Singapore
dnata to introduce warehouse drones at DFW
dnata is looking to take cargo handling to the next level and monitor shipments with better accuracy with the introduction of drone technology at Dallas Fort Worth International Airport (DFW) in the US. The company has partnered with US-based startup Gather AI and launched autonomous drones in its warehouses at DFW to digitise acceptance and warehouse inventory processes with 99.8 percent accuracy, dnata claims Also read: DFW: Staying cool and ahead in the cold chain Gather AI’s … [Read more...] about dnata to introduce warehouse drones at DFW
Lödige Industries eyes warehouses, distribution hubs
With reports about fulfilment centres maxing out capacity limits amidst growing ecommerce volumes, Lödige Industries is expanding its services for warehouses and distribution centres. The company said the boom in e-commerce and e-fulfilment and the associated increase in demand for material handling solutions encouraged it to create a dedicated product segment. "Due to the increased order volume in e-commerce, many existing facilities are reaching their capacity limits. Consequently, … [Read more...] about Lödige Industries eyes warehouses, distribution hubs
YCH: Pushing Asia’s supply chains to new frontiers
Technologies like AI, data analytics, IoT and blockchain are pushing the boundaries of what supply chain and logistics companies can do to significantly improve their operations. As supply chain management continues to increase in complexity, more industry players will depend on new technologies to better understand where their business stands. Singapore-based YCH Group knows its business and is putting innovation at the heart of its development and growth. Located at Supply Chain City, … [Read more...] about YCH: Pushing Asia’s supply chains to new frontiers
