Canavan named new president of UPS Asia-Pacific

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,…

Panalpina puts new Boeing 747-8 into cargo service

Panalpina took delivery on May 31 of the first of two brand-new Boeing 747-8 freighters, the first aircraft of the Swiss forwarder to carry…

Geodis Wilson opens Singapore logistics center

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.…

PH truckers see 10% volume hike

Members of the Confederation of Truckers Association of the Philippines (CTAP) are enjoying a 10% rise in cargo handled in the first four months…

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.…

FedEx Express eyes North Pacific regional hub

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…

Geodis Wilson expands intra-Asia trucking network

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 helps build a brewery

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…

Kerry Logistics opens India, China tank depots

Logistics giant Kerry Logistics has opened an ISO tank depot in India and a foundry to supply engineering parts for tank customers in China.…

Dachser opens first branch in Malaysia

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…

2GO banks on supply chain business to boost profit

2GO Group, Inc, a publicly listed company in the Philippines, is looking at getting more mileage from its supply chain business to improve its…

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…

CEVA chalks up 7% profit loss despite higher revenue from contract logistics

CEVA Logistics reported a 2 percent increase in its first quarter revenue for this year, but noted a 7 percent drop in earnings before…

Eric Herman is new global CCO for Damco

Effective May 1, Eric Herman has moved to a position as Global Chief Commercial Officer for Damco, the logistics arm of A.P. Moller-Maersk Group.…

EU fine turns Panalpina operating profit into $43 million loss

The EU and Swiss antitrust fines of CHF59 million (US$64 million) levied on Panalpina resulted in a loss of CHF40 million ($43 million) for…

TNT earnings rise in Q1 as acquisition by UPS looms

TNT Express reported first quarter profits of EUR16 million (US$21 million) compared with a EUR106 million loss in the same period last year, as…

New Weiss-Röhlig office established in Taiwan

Transport and logistic company Weiss-Röhlig has opened a new office in Taiwan as part of a plan to build a regional project cargo network…