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Tag: Logistics

Retail Asia11/07/2021
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Logistics

Foreign shipping lines impose irrational fees

5min0
Foreign shipping lines have irrationally imposed several fees and created headaches for domestic exporters, an inspection team has concluded. The Vietnam Marine Administration has reported the findings to the Transport Ministry. The inspection team studied the practices of 10 foreign shipping lines – MSC, OOCL, CMA – CGM, Hapag – Lloyd, ONE, Evergreen, HMM, Maersk […]
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Retail Asia05/07/2021
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Logistics

Kerry Logistics recognised as “Most Honoured Company” for sixth year in a row

3min0
Kerry Logistics Network Limited (‘Kerry Logistics Network’; Stock Code 0636.HK) is honoured to be recognised as one of the “Most Honored Companies” in Institutional Investor’s annual All-Asia (ex-Japan) Executive Team rankings for the sixth consecutive year. It was also ranked in the top three in five categories under the Transportation sector. Kerry Logistics Network and […]
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Retail Asia24/06/2021
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Logistics

AirAsia to add first dedicated freighter in 3Q21

3min0
AirAsia Group has announced it would significantly expand its presence on the cargo market with the planned addition of its first dedicated freighter, a B737-800(F), in the third quarter of 2021. The Boeing dedicated freighter will be based out of Bangkok Suvarnabhumi from where it will operate on behalf of Air Asia’s logistics arm, Teleport, to regional destinations in South-East Asia, […]
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Retail Asia09/06/2021
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Logistics

New cargo airline to advance Vietnam logistics

5min0
A fully-fledged cargo airline in Vietnam would boost logistics development and stir up competition in the aviation sector amid an e-commerce boom, experts say. “Vietnam needs a cargo airline to boost the transport of goods domestically and internationally. It will bring about many economic benefits,” said aviation expert Nguyen Thien Thong. He was commenting on […]
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Retail Asia27/05/2021
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Logistics

E-commerce boom triggers cold storage shortage

3min0
Vietnam is facing a shortage of cold storage facilities as demand for fresh food preservation rises with the ongoing e-commerce boom. The nation’s cold storage facilities had to operate at maximum capacity during the Covid-19 period last year after 30-50 percent of seafood orders were canceled, said Trang Bui, head of markets at real estate […]
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Retail Asia26/04/2021
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Logistics

High costs a drag on domestic logistics industry

2min0
High costs and delivery failure rates continue to plague local logistics companies, which are unable to compete with foreign-owned rivals. Dao Trong Khoa, vice president of the Vietnam Logistics Business Association (VLBA), said the cost of logistics in Vietnam is equivalent to 20 percent of GDP while the global average is around 11 percent. The […]
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Retail Asia01/04/2021
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Logistics

Rhenus Logistics opens free zone warehouse in Bangkok

2min0
Global logistics service provider Rhenus Logistics has opened a new free zone warehouse in Bangkok, Thailand, as it aims to serve a wider range of industries. The warehouse is strategically located within a 10-kilometre radius of three existing warehouses that house general cargo and dangerous goods. Rhenus says the facility, located within Bangkok’s free trade zone, […]
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Retail Asia25/03/2021
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Logistics

Kerry Logistics Network posts 30% growth in revenue core net profit increased by 33%

8min0
William MA, Group Managing Director of KLN Group, said, “The COVID-19 pandemic has brought unprecedented challenges to everything from global public health to people’s livelihoods. The stop-and-go momentum of the global economy has caused severe disruption to the global supply chain. With human mobility severely curtailed, the role of logistics has become ever more paramount. […]
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Retail Asia16/03/2021
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Logistics

Vietnam posts $665 million trade surplus with the UAE

1min0
Vietnam posted a $665 million trade surplus with the United Arab Emirates (UAE) in the first two months of 2021, alongside an increase in both exports and imports. Vietnam’s exports to the UAE rose 60 percent year-on-year $737 million, while imports increased 44 percent to $72 million, according to the General Department of Vietnam Customs. […]
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Retail Asia10/02/2021
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Logistics

S.F. Holding and Kerry Logistics Network Announce Strategic Investment

5min0
S.F. Holding and Kerry Logistics Network Limited (‘Kerry Logistics Network’ or ‘the Company’; Stock Code 0636.HK) are pleased to announce the proposed strategic investment and cooperation between the two companies. Subject to satisfaction of certain pre-conditions, the Offeror, being an indirect wholly-owned subsidiary of S.F. Holding, will make a Partial Offer to obtain 931,209,117 ordinary […]
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Retail Asia05/02/2021
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Logistics

DHL Global Forwarding Asia Pacific recognized as Certified Top Employer 2021 second time in a row

6min0
DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, was recognized as Top Employer for 2021 in Asia Pacific. The certification attests to DHL’s achievement in implementing HR best practices, focused on fostering a positive work environment and encouraging its employees’ personal and professional development. In addition to being certified […]
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Retail Asia15/12/2020
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Logistics

Cainiao Launches Reverse Logistics Channel to Provide Cross-Border eCommerce Goods Return Service in Hong Kong

3min0
Cainiao Smart Logistics Network, (“Cainiao Network”), the logistics arm of Alibaba Group Holding Limited, today announced the launch of its reverse logistics channel to offer cross-border eCommerce goods return service to Hong Kong customers. Approximately 85 percent of the goods bought on Alibaba’s eCommerce platforms – Taobao and Tmall, and delivered by Cainiao, will be […]
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Retail Asia03/11/2020
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Logistics

Hermes Logistics Technologies teams up with the IT University of Copenhagen and dnata for machine learning trials

3min0
Hermes Logistics Technologies (HLT) is working with researchers at the IT University of Copenhagen (ITU), Denmark, and dnata Australia to explore new machine learning models aimed at delivering predictive business analytics. The Artificial Intelligence (AI) algorithms will run data from dnata Australia’s new Hermes Digital Ecosystem, which has a full Datalake infrastructure that captures and stores […]
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