DHL starts Malaysia-Vietnam LCL service

DHL Global Forwarding, the air and ocean freight division of Deutsche Post DHL, has launched a direct less-than-container-load (LCL) service between Malaysia’s Port Klang…

NYK Line PH expects higher demand for logistics

NYK Line Philippines sees a brighter second half, with demand for certain products up ironically because of recent floods that submerged 80% of Metro…

Yusen Logistics kicks off Malaysia-US LCL service

Global freight forwarder Yusen Logistics has expanded its services from Asia with the launch of its first weekly direct less-than-container-load (LCL) service from Malaysia…

2GO Group books P365M loss in H1

Philippine logistics firm 2GO Group, Inc posted a net loss of P365 million in the first half of the year compared to last year’s…

Dachser expanding into new markets

Freight forwarder Dachser’s Air & Sea Logistics division plans to open offices in 21 new countries and expand its activities in Vietnam as it…

DHL opens new logistics hub at Busan port

DHL Global Forwarding has opened a new multimodal gateway at the Port of Busan in South Korea to provide additional less-than-containerload (LCL) services from…

IBM establishes supply chain analytics center in Singapore

IBM launched its first analytics-based supply chain center in Singapore to help organizations in Asia-Pacific improve their supply chains. The IBM Supply Chain Analytics…

Logistics firms install new warehouses in NZ

Two European logistics companies have opened warehouse complexes in Auckland, New Zealand. Netherlands-based CEVA Logistics opened a multi-user warehouse facility in Auckland on August…

Panalpina appoints Angwin as CIO

Panalpina, one of the world’s leading providers of supply chain solutions, has appointed Rod Angwin as its Chief Information Officer (CIO). Angwin has over…

Kerry Logistics opens freight offices in Myanmar, Sri Lanka

Kerry Logistics, a Hong Kong-based freight forwarder, has opened two new offices, one in Myanmar and another in Sri Lanka, as part of its…

Nippon Express is top PH airfreight forwarder for Q1

Nippon Express Philippines, Inc emerged as the Philippines’ top airfreight forwarder for the first quarter, cornering 18.92% of the total market with shipments of…

CEVA nets lower profit in Q2

The Netherlands-based freight forwarder CEVA Logistics reported adjusted earnings before interest, taxes, depreciation, and amortization of EUR70 million (US$85 million) in the second quarter,…

IJS Global manages warehouse for Novartis Animal Healthcare PH

IJS Global has designed and built a dedicated warehouse for Novartis Animal Healthcare products in the Philippines under a three-year warehousing and distribution contract.…

Deutsche Post DHL raises forecast as Asia demand rises

Global portal and logistics leader Deutsche Post DHL raised its full 2012 earnings guidance after its Asia market helped bolster its second-quarter revenue. While…

Panalpina profit slides 37% as Europe-Asia trade slows

Panalpina’s profit went down 37.5 percent year-over-year for the second quarter of 2012 due to the slowdown in the Europe-Asia trade. Earnings before interest,…

Economic expert Kevin Warsh joins UPS board of directors

United Parcel Service (UPS) appointed Kevin M. Warsh, an economic and financial market expert and a former central banker and presidential advisor, to the…

CEVA’s new mobile app tracks shipments in real time

CEVA Logistics has launched its first mobile app, CEVA Mobile, to enable customers to track the exact location of every shipment using their iPhone…

UPS misses 2Q target, lowers outlook

United Parcel Service (UPS) posted second-quarter earnings of US$1.12 billion this year, up 2.2 percent from $1.09 billion for the same period in 2011…

Schenker PH eyes 12% growth in business, opens logistics center

Schenker Philippines, Inc remains optimistic about its business prospects for the year and expects to grow 12-15% anchored mainly on the ocean freight and…

Kerry Logistics expanding storage capacity in Ho Chi Minh City

Kerry Logistics continues to expand in Vietnam as it starts the construction of another warehouse in the Song Thang area of Ho Chi Minh…