Kerry Logistics Network Limited has agreed a joint venture between its subsidiary, KLN (Singapore) Pte Ltd, and Laos’s Sitthi Logistics to develop a dry port in the Vientiane Logistics Park in Laos. Kerry Logistics will provide management expertise, while Sitthi Logistics will provide local support.
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Japan Post Holdings Co., Ltd. is selling nearly a third of its outstanding shares in Japan Post Insurance Co., Ltd. In addition, Japan Post Insurance has revealed it would buy back its own shares worth up to ¥100 billion from April 8 until April 12, 2019.
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Online retailer Asos has sent an email to customers informing them of its updated terms and conditions to tackle ‘suspicious’ returns including sending clothes back they suspect have been worn or those who order and return items in huge quantities.
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Menzies Distribution has signed a five-year magazine distribution and national primary trunking partnership with Frontline Ltd and Seymour Distribution Ltd (together the Frontline Group), two of the UK’s largest magazine sales and distribution companies.
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Royal Mail has launched new earlier customer notifications, advising recipients the day before of their delivery day and estimated time. Recipients will also get shorter estimated delivery windows, starting at two hours.
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Roberto Cirillo took up his position as the new Swiss Post CEO earlier this week. He takes on a challenging role with the decline of mail and significant drop in profit from PostFinance and PostBus in 2018.
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Returns management platform ReBOUND has launched a new office in Manchester, England solely dedicated to returns tech research and development.
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DHL Express, has reportedly invested over €100,000 (RM530,000) to upgrade its gateway facility in Kota Kinabalu, according to The Borneo Post.
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