Earnings for the world’s fourth-largest supply chain provider dropped by a third in the third quarter. Netherlands-based Ceva Logistics reported US$101.3 million in earnings, down 33 per cent from the third quarter of last year, and $1.5 million less than the previous quarter. The company’s revenue declined by nearly16 per cent to about $2 billion. “We continue to build our capabilities and are making positive headway,†said John Pattullo, Ceva Logistics … [Read more...] about Ceva reports 33% drop in Q3 earnings
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DHL opens new Philippines Logistics Center
DHL Supply Chain has opened its new four hectare (40,000 square meters), Php40 million (US$850,000) DHL Logistics Center in Parañaque City in the Philippines. One of the largest DHL Supply Chain facilities in the Philippines, the multi-user facility has been custombuilt to suit the needs of key industries, boost DHL’s market leading position through increased operational efficiency and ability to deliver flexible and optimal supply chain solutions to customers, the company said. … [Read more...] about DHL opens new Philippines Logistics Center
DHL wins major contract extension at Heathrow
Heathrow Airport Limited (HAL) has extended its contract with DHL Supply Chain for the operation of the Heathrow Consolidation Center (HCC) until October 2012. The contract worth around £9 million (US$14.7 million) a year will extend the partnership for the consolidation of deliveries to 323 retail and catering outlets, pubs and restaurants within the airport beyond the duration of the London Olympic Games when passenger levels are expected to rise. The new agreement has almost doubled in … [Read more...] about DHL wins major contract extension at Heathrow
KN wins aircraft interiors logistics deal
Premium Aircraft Interiors Group (PAIG) has appointed Kuehne + Nagel (KN) as its global logistics partner. The deal will see the logistics aspect of PAIG’s after-market business for aircraft cabins outsourced to KN across sea, air and road. KN said it would install its web-based, supply chain visibility platform, KN Login, for PAIG and “undertake process improvements and operations reviews for Premiumâ€Â. … [Read more...] about KN wins aircraft interiors logistics deal
DHL establishes oil & energy centre in Singapore
DHL has established its eighth and largest DHL Center of Excellence for Oil and Energy in Singapore to serve the Asia Pacific region as it moves to meet what it says is surging demand from the €260 billion global oil and energy logistics industry. Staffed by more than 200 employees, the DHL Asia Pacific Oil and Energy Center of Excellence (COE) located in Changi South comprises of a comprehensive team of industry professionals who design and implement innovative and enhanced logistics … [Read more...] about DHL establishes oil & energy centre in Singapore
Air Partner
International charter broker Air Partner has promoted Freight manager Richard Smith to director of Group Freight. In just five years with the company, Richard has transformed the Freight division from a small specialised operation serving a handful of clients into the global player it is today. Air Partner’s freight business has more than doubled in the past five years and is now providing a significant contribution to overall Group profits. Based at Air Partner’s … [Read more...] about Air Partner