TNT has awarded Astec Conveyors a contract to design a reversible materials handling system as its new £8.2 million Birmingham depot. According to TNT, this is the first operation in the UK to be fitted with a high tech hub-style sorting system.
Read MoreFedEx Corp. today announced the launch of FedEx Critical Inventory Logistics, a supply chain service that will enable customers to more efficiently manage high value and time critical inventory by utilizing the power and reach of the FedEx portfolio of companies. The service will focus on customers in telecommunication, semiconductor, biomedical and other high technology industries. “Customers are increasingly looking to FedEx for our expertise in managing just-in-time, critical inventories,” said Tom Schmitt, president and chief executive officer of FedEx Global Supply Chain Services. “Our unique mix of networks allows FedEx to create customized solutions to address almost every supply chain need.”
Read MoreBlack Enterprise magazine has selected FedEx Express as one of 40 US companies to be included in its second annual list of best companies for diversity. The magazine also recognized FedEx Express as being among the “very best at bringing talented people of color into the ranks of senior management,” along with Xerox Corp. and McDonald’s.
Read MoreDHL IT Services Centre Cyberjaya (ITSC Cyberjaya), one of the four global data centres serving DHL’s worldwide network, expects to double its workforce between the next 18 and 24 months. According to the managing director of DHL IT services Stephen McGuckin, the move is in line with its expansion plans in Malaysia. ITSC Cyberjaya is one of four global data centres that make up DHL’s IT Services group with responsibility for the design, development, implementation and the service delivery management of DHL’s IT solutions. The other centres are located in the US, Czech Republic and Germany.
Read MoreTransmile Group Bhd recently lost a bid to renew a contract with its biggest shareholder, Pos Malaysia Bhd, fuelling speculation that the postal operator wants to sell its shares in the air-cargo company. Pos Malaysia, which holds a 17.29 per cent stake in Transmile, had awarded its business to lesser-known Gading Sari Aviation Services Sdn Bhd. According to sources, Transmile had been carrying cargo for Pos Malaysia since 1993, but the contract, equivalent to about 4-5 per cent of Transmile’s total revenue, expired in December last year. “The contract was then extended for three months until March 2006, before Pos Malaysia decided not to renew Transmile’s contract after conducting a review of its existing suppliers,” a source told Business Times. This could mean that courier firm DHL could enter and buy a strategic stake in Transmile, the source said. DHL is currently one of Transmile’s biggest customers.
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