LOGISTICS
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Maersk and IBM collaborate on blockchain technology for shipping
March 7, 2017 - Maersk and IBM are to work together to create a solution to modernize the shipping and logistics industry using...
ZALORA and YCH Group launch regional fulfillment hub
March 7, 2017 - Online fashion marketplace ZALORA and supply chain specialist YCH Group have launched a regional e-fulfillment hub in...
Port of Long Beach to receive zero-emissions equipment grant
March 7, 2017 - The California Energy Commission has given notice of a proposed US$9.7 million grant to the Port of Long Beach to fund...
ZIM posts net loss for 2016 despite Q4 profit
March 7, 2017 - ZIM made a net loss of US$163.5 million in 2016 even though it posted a net profit of US$4.6 million in the last...
Panalpina posts higher air freight volume but lower overall profit for 2016
March 3, 2017 - The Panalpina Group made a consolidated profit of CHF80.2 million (US$79.2 million) in 2016, a year-on-year decrease of...
K+N posts record earnings
March 3, 2017 The Kuehne + Nagel Group made a net profit of CHF720 million (US$710 million) in 2016, a year-on-year increase of 6%,...
KTZ Express and Globe Tracker International sign reefer deal
March 2, 2017 Logistics provider Kazakhstan Temir Zholy Express and supply chain visibility specialist Globe Tracker International...
Hapag-Lloyd volume up but revenue down in 2016
March 2, 2017 Hapag-Lloyd posted a revenue of €7.7 billion (US$8.11 billion) for 2016, a year-on-year decrease of 12.5%, according to...
DHL invests in Thai e-commerce market
March 1, 2017 DHL eCommerce will enhance its coverage in Thailand with next-day delivery in remote areas and extend its pick-up...
Port of Portland and ICTSI terminate Terminal 6 lease
March 1, 2017 The Port of Portland and ICTSI Oregon, Inc. have mutually agreed to terminate a 25-year lease agreement to operate the...
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