A.P. Moller - Maersk completed its US$3.6b acquisition of LF Logistics in late-August, taking control of the Hong Kong-based contract logistics company which will now be rebranded to Maersk. Maersk will add 223 warehouses to the existing portfolio, bringing the total number of facilities to 549 globally, spread across a total of 9.5 million square meters. LF Logistics, part of supply chain manager Li & Fung, employs 10,000 people, operates an extensive pan-Asia network and specialises … [Read more...] about Hong Kong-based LF Logistics now part of Maersk
warehousing
JD.com buys 361,000-sqft warehouse in the UK
JD.com, a leading supply chain-based technology and service provider, through subsidiary JD Property Group Corporation, has made its first UK transaction with the purchase of a 361,000-sqft warehouse in Milton Keynes from the client of Abrdn. JD Property Group Corporation, which develop logistics and industrial infrastructure, has a combined gross floor area (GFA) of over 200 million square feet under management, with a warehouse network that covers China, Southeast Asia, and Europe. Cen … [Read more...] about JD.com buys 361,000-sqft warehouse in the UK
DSV’s new facility makes room for e-commerce, healthcare
DSV has opened a new ‘giant’ facility near Copenhagen which some would describe as one of the most ambitious warehousing and logistics projects seen on Danish soil. The 95,000-sqm facility, which shares warehouse space and office premises, is located in Hedehusene along with the company’s headquarters and other buildings in the area. Inside the 95,000-sqm warehouse, the forwarder has installed its largest automated storage and picking solution (AutoStore), which uses robotics to … [Read more...] about DSV’s new facility makes room for e-commerce, healthcare
Q&A with Geodis on new Indian logistics facility
Geodis earlier this month announced the planned launch of a multi-user logistics facility in Luhari, Haryana, slated to open in March next year. The 26,654-sqm warehouse, located in Luhari, Haryana, 60 kilometres north of Delhi, will be on lease from logistics property group LOGOS for a 10-year period. The hub will feature a state-of-the-art storage system, equipped with both selective and very narrow aisle (VNA) pallet racks to ramp up order processing procedures for both retailers and … [Read more...] about Q&A with Geodis on new Indian logistics facility
C.H. Robinson expands operations to Vietnam
Expanding operations in one of the fastest growing global economies, C.H. Robinson is now operating out of a fully owned global forwarding office in Ho Chi Minh City, the centre and gateway of Southern Vietnam. As a key hub for transportation and logistics in Southeast Asia, Ho Chi Minh City handles about 70 per cent of Vietnam’s total cargo volume. C.H. Robinson’s increasing involvement in the Vietnam market is part of the company’s aggressive plan to offer expertise on both a … [Read more...] about C.H. Robinson expands operations to Vietnam
Indonesia’s Kamadjaja Logistics to open new facility
PT Kamadjaja Logistics will inaugurate its biggest integrated logistics facility in Indonesia, located at K-Log Park in Cibitung, on 26 March 2015. The park, which was built on investment of more than Rp 500 billion, sits on an 180,000sqm piece of land in Cibitung, West Java. K-Log Park offers a comprehensive logistics solution, including warehousing & distribution, domestic & international freight forwarding, land transport, container yard, toll manufacturing and value added service … [Read more...] about Indonesia’s Kamadjaja Logistics to open new facility