DHL is planning to expand its logistics centre in Staufenberg, Germany, due to a rise in demand. The new multi-function centre is to become operational at the beginning of October. The company is to invest 44m euros in its expansion plans, which will lead to the creation of 300 jobs. The expansion of DHL’s logistics capacities is being carried out in direct response to concrete demands from customers for integrated logistics services.
Read MoreMitsubishi Motors Corporation Japan (MMC) has selected TNT in Japan as its Lead Logistics Partner for its inbound logistics processes of non-powertrain components sourced from overseas suppliers. The contract is valued at 10 million Euro over 3 years. As part of the new agreement, TNT Japan will be responsible for all aspects of the inbound supply chain including distribution of purchase orders to MMC suppliers, door to door movement of components from suppliers in Asia, Europe and the America’s to TNT managed distribution centres in Japan and final line-side delivery to 2 MMC plants in Japan.
Read MoreFedEx reported a 9 percent increase in fourth-quarter earnings Thursday, but startup cost for a new westbound around-the-world flight played into keeping results below Wall Street expectations. FedEx reported earnings of USD448 million, or USD1.46 per share, up from USD412 million, or USD1.36 per share, for the same quarter last year. Revenues were USD7.72 billion, up from USD7.04 billion. Improvements in its international priority business have played a major role in earnings increases for the package delivery company for several years, and the company said it expects to add more flights abroad for its cargo airline, FedEx Express. “Because these routes take anywhere from 24 to 36 months to become profitable, we think now is the time to start them,” said chief financial officer Alan Graf. “Having said that, once they reach profitability, these provide high, double-digit returns for the foreseeable future and will be very lucrative.”
Read MoreTNT Express Singapore has launched a next-day, door-to-door delivery service of diagnostic samples and clinical supplies for central laboratories in Asia to the USA. By leveraging on TNT’s new partnership with US company AirNet Systems, TNT Express not only provides the best-in-class transit times, but also a range of value-added services such as certified packaging and fulfilment of the frozen consignment. This is an additional development of “Clinical Express Exclusive” that was launched globally last year. Clinical trial shipments from Asia to the US are set to double by 2006 and are seen as a key area of growth for clinical trial logistics. Currently, Asia-US shipments account for about 10% of the industry estimated to be worth USD30 million a year – half of which originate in Singapore.
Read MoreUPS today reinforced its ongoing commitment to balancing economic, social and environmental objectives by releasing the company’s third annual Corporate Sustainability Report. The report demonstrates UPS is moving forward on a number of important goals, including increasing fuel efficiency, lowering aircraft emissions and reducing employee injury rates. Additionally, this year’s report includes more global information than ever before. “At UPS, we’re never satisfied with the status quo,” observed Mike Eskew, UPS’s chairman and CEO. “And with today’s increasingly interdependent world, sustainable business practices add up to smart business practices.”
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