Logistics


  • K+N profits down 16%, but still in the black

    Kuehne + Nagel has announced its net profit fell 16.1 per cent in the second quarter compared with a year ago as the global economic slowdown depressed ocean and air freight traffic. The Swiss logistics giant booked net profit...... Read More
  • Schenker inaugurates new Euro air freight hub

    DB Schenker inaugurated its new €50 million European air freight hub at Frankfurt Airport this week, with operations to begin in early August which will see import and export units currently operating at different sites merged into a single...... Read More
  • C.H. Robinson acquires UK-based forwarder

    US-based logistics provider, C.H. Robinson, has acquired London based freight forwarding company Walker Logistics Overseas, which caters primarily to customers in the electronics telecommunications, medicals, sporting goods and military industries. Walker, established in 1977, is a global, fully integrated...... Read More
  • Schenker opens new semiconductor facility

    DB Schenker has extended its involvement in the Korean logistics market with the start of operations of Schenker Korea Ltd’s semiconductor distribution centre at its Korea Logistics Center in the Free Trade Zone at Incheon Airport. The first of...... Read More
  • Schenker expands in ME with Egyptian JV

    DB Schenker has announced a new joint venture in Egypt with DB Schenker’s long-time partner, ITS International Transport Service Ltd. “The new company is a further important new hub within DB Schenker’s worldwide network. This step will enable us...... Read More
  • Aramex joins Cargo 2000

    Dubai-based global logistics solutions provider, Aramex, has announced that it has joined Cargo 2000, an industry group within the International Air Transport Association (IATA) specialising in quality management systems for the global air freight industry. Cargo 2000 re-engineers the...... Read More
  • Kuehne + Nagel opens new office in Chongqing

    Kuehne + Nagel has opened a new branch office in Chongqing, China extending its footprint in China to 39 locations. From the new premises, located at the central business district in close proximity to the city’s major infrastructure facilities,...... Read More
  • UPS signs Shenzhen Customs agreement for new China hub

    UPS and the Shenzhen Customs authority signed a memorandum of understanding (MOU) today to seal the terms of their partnership at the soon-to-be-completed UPS intra-Asia hub, located at China’s Shenzhen International Airport. “We believe the new hub will greatly...... Read More
  • TNT continues Viet expansion with new ops hub

    TNT, leading provider of integrated express services, officially opened its expanded and re-modeled International and Domestic Operations Centre in Ho Chi Minh City this week. Located next to Tan Son Nhat International Airport, the 3,000 sq metre facility features...... Read More
  • DHL profit plunges 71 per cent, outlook uncertain

    Depressed revenue and bad debts pushed profit in the second quarter down 71 per cent for The world’s biggest logistics company as Deutsche Post DHL warned of tough market conditions going forward. Profit plunged to US$93.7 million from $328...... Read More