Singapore Post and Alibaba Group Holding have announced a series of new initiatives for collaboration and growth following the signing of a joint venture agreement. The three initiatives signal the deepening of a business relationship that started last year and a commitment from both parties to increase e-commerce logistics collaboration in the future to build a leading e-commerce logistics platform to service the rapidly growing e-commerce businesses across Asia Pacific and beyond. Lim Ho … [Read more...] about SingPost, Alibaba expand e-commerce logistics coop
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FIATA weighs in on logistics at IAEG-SDG meeting
New York was the focal point for the first meeting held by the Inter-Agency and Expert Group on the Sustainable Development Goal Indicators (IAEG-SDGs). Member States engaged in deep talks to find solutions for linking global indicators to a set of national indicators while maintaining the global nature of the SDGs. FIATA was there to weigh in on the concept of logistics connectivity. FIATA had previously discussed the significance of logistics connectivity in the indicator framework … [Read more...] about FIATA weighs in on logistics at IAEG-SDG meeting
FIATA weighs in on logistics at IAEG-SDG meeting
New York was the focal point for the first meeting held by the Inter-Agency and Expert Group on the Sustainable Development Goal Indicators (IAEG-SDGs). Member States engaged in deep talks to find solutions for linking global indicators to a set of national indicators while maintaining the global nature of the SDGs. FIATA was there to weigh in on the concept of logistics connectivity. FIATA had previously discussed the significance of logistics connectivity in the indicator framework … [Read more...] about FIATA weighs in on logistics at IAEG-SDG meeting
Indonesia’s logistics industry to grow at 15.2%
Frost & Sullivan is expecting the transportation & logistics market to grow with expected CAGR 15.2 per cent in 2015. Gopal R, global vice president, transportation & logistics practice at Frost & Sullivan said that the industry is set to record strong double digit growth over the forecast period due to the continuous growth of the Indonesian economy driven by resilient domestic demand. Gopal R is expecting strong private consumption growth, higher trade growth, lower … [Read more...] about Indonesia’s logistics industry to grow at 15.2%
Indonesia's logistics industry to grow at 15.2%
Frost & Sullivan is expecting the transportation & logistics market to grow with expected CAGR 15.2 per cent in 2015. Gopal R, global vice president, transportation & logistics practice at Frost & Sullivan said that the industry is set to record strong double digit growth over the forecast period due to the continuous growth of the Indonesian economy driven by resilient domestic demand. Gopal R is expecting strong private consumption growth, higher trade growth, lower … [Read more...] about Indonesia's logistics industry to grow at 15.2%
Logistics elevates Panalpina’s Q1 profit
International freight forwarding and logistics company Panalpina increased its operating result and profit in the first quarter of 2015. Consolidated profit increased 10 per cent to CHF 19.6 million while EBIT increased 3 per cent (adjusted at constant currency rates: +12 per cent) to CHF 25.3 million, helped by a positive quarter in logistics. Year-on-year, EBIT and conversion rate increased in ocean freight as volumes grew by 5 per cent, but decreased in air freight where volumes only grew … [Read more...] about Logistics elevates Panalpina’s Q1 profit