Atlanta-based United Parcel Service has appointed Brendan Canavan, a 31-year UPS veteran, as president of the logistics giant’s Asia-Pacific division. Canavan is replacing Derek…
Deutsche Post DHL to pay $644 M in back postal taxes
Germany’s Deutsche Post DHL has been ordered by German financial authorities to pay EUR516 million (US$644 million) in back taxes incurred from 1998 to…
DB Schenker to establish logistics facility in Singapore
Germany’s contract logistics provider DB Schenker plans to establish in Singapore a US$3.7-million supply chain solutions center for electronics and industrial manufacturers in Asia,…
France-based freight forwarder Geodis Wilson has opened a new fully integrated logistics center in Singapore as part of its business expansion across the Asia-Pacific.…
2GO’s supply chain unit posts 9% dip in Q1 revenues
Manila-based 2GO Group, Inc remains optimistic about its cargo business prospects for the year despite posting lower first-quarter revenues from its supply chain unit.…
Global express delivery firm FedEx Express, a subsidiary of FedEx Corp., plans to expand its office at Kansai International Airport (KIX) in Osaka, Japan,…
Deutsche Post targets EBIT of $4.2 B-$4.4 B by 2015
Germany’s postal and logistics giant Deutsche Post DHL reinforced its goals for 2015, targeting a growth in EBIT (earnings before interest and tax) to…
Global freight forwarder Geodis Wilson has extended its existing routes through Singapore, Malaysia, Thailand, and the Indochina region by expanding its trucking operations to China.…
Projects FPS, the recently-established project forwarding and third-party logistics arm of Famous Pacific Shipping Lanka, has cleared and delivered a 9000 cbm shipment of…
Global logistics firm Dachser Intelligent Logistics announced that it has established a head office in Malaysia to expand its service portfolio in the Asia-Pacific…
DHL’s Asia division helps drive Deutsche Post DHL Q1 growth
Deutsche Post DHL, the world’s leading postal and logistics group, continued its strong performance from last year, posting a 4.3 percent increase in revenue…