Ceva boosts Indochina clout with Vietnam JV

Netherlands-based Ceva Logistics entered into a joint venture (JV) in Vietnam with its longtime local partner to reinforce the global logistics firm’s presence in…

FedEx earns 12% less in Q2 as Sandy impacts volume, costs

FedEx posted a net income of US$438 million, or earnings of $1.39 per share, in the second quarter ended November 30, down 12 percent…

Transporeon enters Asian market with new Singapore HQ

E-logistics sister companies Transporeon and Ticontract have established a local presence in Asia with a new office in Singapore that opened in November this…

Global logistics networks form association

Nine global logistics networks have banded together to form an association that will set industry standards and represent the freight forwarding community with  global…

Kerry Logistics wins Asian 3PL of the Year Award again

Global logistics company Kerry Logistics won the award for Asian 3PL of the Year for the second year in a row at the Supply…

YCH to construct supply chain complex in Singapore

Singapore-based supply chain company YCH held a groundbreaking ceremony on December 7 launching the Supply Chain City project, a 6.5-hectare logistics facility to be…

Modified PH truck ban in effect

A modified truck ban was implemented in major Metro Manila thoroughfares starting Dec 7 and will run until Jan 6, 2013 to ease the…

FPS Philippines starts domestic ocean services

Famous Pacific Forwarding Philippines Inc. – a member of the FPS network of independent forwarders and NVOCCs – has launched two-way domestic ocean services…

PH Customs forges ahead with automation efforts

The Philippine Bureau of Customs (BOC) reiterated its desire to fully computerize its operations before President Benigno Aquino III steps down from office in…

SDV opens green warehouse in Singapore

SDV, the global supply chain subsidiary of the Bolloré Group, announced on December 3 the official opening of its new warehousing facility in Pioneer…

FedEx ground, home delivery rates to rise 4.9% in 2013

FedEx Corp. announced it will hike its rates for ground shipping and home delivery services by a net average of 4.9 percent, effective January…

Kuehne + Nagel hires new head for contract logistics

Swiss forwarder Kuehne + Nagel has appointed Dr. Detlef Trefzger as a new member of the management board, taking over from March 1, 2013…

PH daytime truck ban proposal on hold

Following opposition from truckers’ groups, the Metro Manila Development Authority (MMDA) has put on hold implementation of a proposed December 3 to 26 daytime…

UPS, TNT Express submit offer of remedies to EC

United Parcel Service and TNT Express today said they have submitted the offer of remedies that is one of the requirements for obtaining competition…

DHL to invest $65 M in supply chain facilities in Thailand

Deutsche Post DHL’s logistics unit, DHL Supply Chain, announced it will invest EUR50 million (US$64.8 million) in new facilities in Thailand in anticipation of…

DB Schenker opens new warehouse in Australia

Germany-based DB Schenker, the transportation and logistics unit of Deutsche Bahn, has opened a new logistical warehouse and operations center in Sydney, Australia, to…

2GO Group loss widens

2GO Group, the Philippines’ largest domestic vessel operator, widened its net loss in the first nine months of the year, dragged by slow performance…

2GO Express delisted from Customs watchlist

2GO Express, Inc may now transact business with the Philippine Bureau of Customs (BOC) once again, after the agency delisted the company from its…

APL Logistics buys US Customs brokerage

Singapore’s APL Logistics announced it has acquired Carmichael International Service to enable it to provide U.S. Customs brokerage and trade compliance services in-house, the…

UPS bolsters rates for 2013

Atlanta-headquartered United Parcel Service (UPS) has released its new rates for 2013, which include an average net increase of 4.5 percent on all air…