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Tag: cargo

Retail Asia01/08/2023
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Logistics

DHL to acquire Turkish courier MNG Kargo

2min0
DHL Group has agreed to fully acquire Turkish parcel delivery company MNG Kargo Yurtiçi ve Yurtdışı Taşımacılık A.Ş. (MNG Kargo), one of the leading parcel delivery companies in Turkey. The merger will look to capitalise on Turkiye’s growing e-commerce market, which is estimated to see double-digit growth in the next few years. Tobias Meyer, CEO […]
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Retail Asia28/07/2023
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Logistics

Cainiao launches new hub in Indonesia

3min0
Cainiao Group, the logistics arm of Alibaba, has officially launched its first warehouse in Indonesia as part of a regional hub expansion plan. Situated in GIIC Deltamas Cikarang, Bekasi Regency, east of Jakarta, the new Cainiao Cikarang Logistics Park is the third warehouse to be added to the company’s planned warehouse network of ‘chubs’ in […]
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Retail Asia26/07/2023
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Logistics

JD Logistics joins forces with Geopost

2min0
JD Logistics and French delivery service Geopost have formed a strategic partnership aimed at strengthening their capabilities by leveraging their warehousing network and delivery capabilities. The partnership is expected to enhance international express services between China and Europe, which will see the two companies establish direct-to-consumer (C2C) and business-to-consumer (B2C) shipping solutions, whilst ensuring end-to-end […]
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Retail Asia20/07/2023
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Logistics

John Dietrich to join FedEx as finance chief

2min0
Ex-Atlas CEO, John W. Dietrich, is set to join FedEx as executive vice president and chief financial officer, effective 1 August. With more than more than 30 years of experience in the aviation and air cargo industries, Dietrich held several leadership roles at Atlas Air Worldwide since 1999, including serving as president and chief executive […]
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Retail Asia20/07/2023
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Logistics

DHL Supply Chain to spend €500m in Latin America

2min0
DHL Supply Chain has announced a landmark investment of €500 million into Latin America over the next years (until 2028) as part of a strategy to strengthen its capabilities in high-demand sectors like healthcare, automotive, technology, retail and e-commerce. Projects in the pipeline include decarbonizing the domestic fleet through greener alternatives; building, developing and retrofitting […]
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Retail Asia17/07/2023
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Logistics

DHL tops up with Turkish Cargo in Istanbul

2min0
DHL Global Forwarding is strengthening its air cargo partnerships in Istanbul and has signed a memorandum of understanding that will extend its operations at Turkish Airline’s modern SMARTIST cargo facility. Turkish Cargo supports DHL forwarding unit’s global hub concept with its vast knowledge and advanced operational capabilities at Istanbul Airport. Based on the MoU, DHL […]
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Retail Asia07/06/2023
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Logistics

FedEx expands its capabilities in Guangzhou

1min0
FedEx Express recently signed a memorandum of understanding (MOU) with the Guangzhou Municipal Government to form an in-depth strategic collaboration. Under the MOU, FedEx and the Guangzhou Municipal Government will fully cooperate on customs clearance, cross-border e-commerce, and the establishment of the South China Operations Center. The two sides will jointly promote FedEx strategy and […]
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Retail Asia07/03/2023
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Logistics

Air cargo transport plunges

4min0
Aviation cargo transport passing through Vietnam’s airports dropped 28.2% year-on-year in the first two months of 2023 to 168,000 tons, according to the Civil Aviation Authority of Vietnam (CAAV). Industry insiders say that the spreading global economic recession has led to a decline in consumption. Although China has reopened its economy, the delivery of Chinese […]
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Retail Asia31/01/2023
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Logistics

Vietnam posts trade surplus of $3.6B in January

2min0
Despite decreases in both imports and exports, the country still enjoyed a trade surplus of $3.6 billion in the first month of 2023, according to the General Statistics Office (GSO). The office reported that in the month, total import-export turnover reached $46.56 billion, with exports dropping 21.3% to $25.08 billion, and imports falling 28.9% to […]
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Retail Asia06/01/2023
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Logistics

Bamboo Airways establishes cargo carrier

2min0
Bamboo Airways has announced the founding of Bamboo Airways Cargo in an effort to develop a larger network of affiliates in Vietnam’s sparse aviation ecosystem. Hanoi-based Bamboo Airways Joint Stock Company (BAC) is launching with a charter capital of VND20 billion ($833,000), 75% of which has been contributed by Bamboo Airways, the carrier said Wednesday. […]
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Retail Asia27/12/2022
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Logistics

Trade to surpass $730B for first time

3min0
Vietnam’s trade is expected to reach US$732 billion this year, the highest ever, increasing 10% against last year, the Ministry of Industry and Trade said. Exports are estimated at $371.5 billion, up 10.5% against 2021, and imports at $360.5 billion, up 8.5%, resulting in a trade surplus of $11 billion, the ministry announced at a […]
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Retail Asia22/11/2022
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Logistics

Malaysia to test air cargo community system at KUL

3min0
Efforts are coming in all forms to support Malaysia’s competitiveness in its transport and logistics sectors as plans to introduce a platform that will connect stakeholders of Kuala Lumpur International Airport are underway. Air cargo software provider Kale Logistics Solutions and tech company Dagang NeXchange (DNeX), through its subsidiary Dagang Net, have signed a partnership […]
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Retail Asia15/11/2022
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Logistics

DB Schenker to deploy robots for Prague facility

2min0
DB Schenker is set to open a new automated fulfillment warehouse in the Prague region next year. Along with retail operations, the new 55,000-sqm distribution center will manage B2C e-commerce activities, including an extensive value-added services area addressing the demand for personalized products requested by consumers. The fulfilment center, which will be located near Prague […]
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Retail Asia30/08/2022
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Logistics

Vietnam’s first cargo airline inks deals with global manufacturers

3min0
IPP Air Cargo, Vietnam’s first cargo airline, could start flying from November, with several partnerships already established, says its chairman Jonathan Hanh Nguyen. Nguyen said that the Government Office has ordered six related ministries for their feedback on licensing IPP Air Cargo. There could be clear actions regarding the licensing next week, he added. Although the […]
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Retail Asia03/08/2022
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Logistics

Shipping firms report double-digit growth

3min0
Shipping companies have had one of their best quarters in years with most reporting double-digit growth thanks to high rates. Vinalines, the country’s biggest shipper, saw a near doubling of its profits year-on-year to VND1.43 trillion (US$61.19 million) in the second quarter. Private player Gemadept reported an 87 percent increase in profits to VND334 billion, […]
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Retail Asia17/05/2022
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Logistics

Innovative logistics models in great demand

14min0
Hardy Diec, Managing Director of FedEx Express Indochina, predicts greater demand for innovative logistics models to enhance online to offline customer experience and support swift pivot businesses. What’s the status quo with the logistics industry? Supply chains have never been more important. More than that, reliability and accuracy in these supply chains have now become […]
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Retail Asia17/03/2022
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General

Importance of On-Demand Spare Parts Logistics (SPL)

4min0
Armstrong & Associates estimates that the global spare parts logistics (SPL) market rakes in over $52 billion every year, representing about 7% of total 3rd party logistics (3PL) revenue. Since its last case study on this logistic sector, the global spare parts logistics market between 2008 and 2016 saw a compound annual growth rate (CAGR) […]
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