22nd April 2024 - Analytiqa's complimentary weekly bulletin to assist you to stay ahead of all the latest news and developments across the global supply chain
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Welcome to the latest edition of Analytiqa's weekly Logistics Bulletin reviewing the calendar period of 15 April 2024 - 19 April 2024.
This week’s Logistics Bulletin reports on challenging times for two giants of the US trucking industry. Ahead of its Q1 results announcement, Knight-Swift Transportation has issued a profit warning, significantly lowering its earnings guidance for the first and second quarters of 2024. The full truckload industry continues to be challenging and oversupplied with capacity. The weather disruption in January had a greater impact than initially estimated, as the subsequent recovery was not sufficient to offset the negative impact to volumes and operating costs for the quarter.
The Company reported that the early part of the bid season led to greater than expected pressure on freight rates as some shippers are still trying to push rates down further. In some cases, the Company lost contractual volumes because it was not willing to commit to further concessions on what it views as unsustainable contractual rates. This resulted in more of its capacity being allocated to the spot market, which creates further pressure on revenue per mile and utilisation in the near term. The softer volume and pricing headwinds also impacted Logistics volumes and margins, with further volume pressure on Logistics as the Company diverted loads to the asset division to partially offset the contractual volume losses. More positively, Knight-Swift reports that the less-than-truckload (LTL) segment continues to show positive volume and yield trends year-over-year, as volumes normalised into March and April.
The news from Knight-Swift came after J.B. Hunt reported a decrease of 9.0% in Q1 operating revenue, driven by a 9.0% decrease in segment gross revenue per load in both Intermodal (JBI) and Truckload (JBT), 22.0% fewer loads in Integrated Capacity Solutions (ICS), and a modest decline in average trucks and productivity in Dedicated Contract Services (DCS) compared to the prior year period. Revenue declines in JBI, ICS, JBT and DCS were partially offset by Final Mile Services (FMS) revenue growth of 2.0%. Operating income for the current quarter decreased 30.0%, primarily due to a combination of lower volumes and yield pressure in JBI, ICS and JBT, as well as increases in equipment, insurance and claims, and bad debt expense.
Corporate & Market News | Service Developments | Outsourcing News | Warehouse & Distribution Centre News | Technology | Fleet & Environmental | Personnel & HR Developments
19-04-2024
Rhenus PartnerShip is strengthening its own competitive position on the river Rhine heading to Belgium with immediate effect. By adopting an internationalisation strategy, the inland waterway shipping specialist is expanding its services towards Antwerp and will act as an independent company in the Belgian market in future. To enable this development, Rhenus is increasing its shareholding in DGA Shipping to 100.0%.
DGA Shipping operates in the inland waterway shipping sector in Belgium and offers inland waterway shipping services right across the country and in the entire ARA region (Amsterdam, Rotterdam, Antwerp). Its main activities not only include chartering, but shipping using its own and outside cargo space – for example, with push boats and non-motorised barges.
The Company specialises in providing dry shipping for bulk commodities, general cargo and project loads. It offers transport services to all the ports in the Rhine catchment area, to all the tributaries of the river Rhine and all over Germany through German partner companies. DGA, which has its headquarters in the port of Antwerp, therefore operates a similar business model to Rhenus PartnerShip in Germany. Rhenus held 45.0% of the shares up to the present time; this is now being increased to 100.0%. HGK Shipping GmbH previously had a majority holding in the Company.
Thanks to the 100.0% shareholding, Rhenus PartnerShip is consolidating its position in the marketplace and can support customers in an even more flexible manner. The share acquisition will allow it to maximise synergies, use resources more efficiently and offer customers an even broader and better portfolio of services.
Rhenus is particularly focusing on Rhine traffic heading to Antwerp in this business development. Rhenus is using this change to secure itself a strong competitive position on the river Rhine heading towards Belgium and can make use of the powerful network that DGA has established in the past with Rhenus and HGK. DGA has, among other things, access to both its own transport capacity and a large external fleet.
The redistribution of the shares will not have any effect on the employees or the customers. The DGA team will continue to exist as in the past and current customer projects and partnerships will retain their validity.
19-04-2024
The CMA CGM Group has started the process of selling 100% of Bolloré Logistics’ activities in Guadeloupe, Martinique, Saint-Martin, French Guiana, and Polynesia to the Balguerie Group.
The CMA CGM Group has received a put option from the Balguerie Group and has signed an exclusivity agreement with Balguerie for the sale of these activities.
The sale is in line with the commitments made by CMA CGM to the European Commission and the Polynesian Competition Authority in the context of the Company’s acquisition of Bolloré Logistics.
The acquisition of these activities by the Balguerie Group is subject to obtaining applicable regulatory approvals, as well as approval from both competition authorities under the commitments made by CMA CGM.
Bolloré Logistics’ activities in La Reunion and Nouvelle Calédonie are not affected by the sale and will therefore remain within the scope of the CMA CGM Group.
19-04-2024
Elanders has reported Q1, 2024 net sales of SEK3,268.0 million (SEK3,589.0 million), which corresponded to an organic net sales reduction of 9.0%, excluding acquisitions and discontinued operations, and using unchanged exchange rates. The reduction is primarily a result of a weaker market and lower freight rates and volumes in the Group’s Air & Sea freight forwarding operations.
Adjusted EBITA amounted to SEK180.0 million (SEK217.0 million), which equalled an adjusted EBITA margin of 5.5% (6.0%).
During the period, one-off items of SEK-26.0 million (SEK-67.0 million) where charged to operating result. These mainly referred to acquisition costs.
In February 2024, Elanders acquired almost 90.0% of the shares in the British company Bishopsgate Newco Ltd. During 2023, Bishopsgate had net sales of £27.0 million with very good profitability.
After the balance sheet date, the remaining 20.0% of the shares in the American company Bergen Logistics were acquired for a purchase price of MUSD 47. Since Bergen was acquired in November 2021, the company has had a growth of approximately 60 percent with very good profitability.
18-04-2024
In the context of PPP's claim brought against bpost in January regarding bpost's use of the subsidies granted by the State for the distribution of newspapers, in particular for the period between 01 January and 30 June 2024, PPP and bpost have reached an agreement.
bpost will pay PPP an agreed amount, which was determined according to the procedural costs. In this way, both parties wish to avoid lengthy and costly legal proceedings.
Moreover, both parties wish to devote their energy to the development of their activities and especially to the negotiations with the publishers on the conditions for the distribution of newspapers and magazines as from 01 July 2024.
18-04-2024
Lineage has announced a rebranding, formally changing its brand name from Lineage Logistics to Lineage. Established in 2012, the Lineage name reflects the Company’s unique legacy and expertise in the interconnected world of cold storage and logistics. The Company’s shield logo signifies the generational and entrepreneurial commitment of the many companies that have been welcomed into the Lineage family through over 110 acquisitions to form Lineage with the shared charge of keeping the global food supply safe and accessible.
Today, Lineage is responsible for storing, handling, and transporting food products across the US and around the globe, operating over 480 warehouses in 18 countries with more than 26,000 dedicated employees. With over 12,000 customers globally, Lineage’s end-to-end logistical solutions, real estate network, and application of innovative technology help to increase distribution efficiency, advance sustainability, lessen environmental impact, minimise supply chain waste and, most importantly, help feed the world.
The new brand name will begin appearing immediately in communications, advertising and on Lineage’s new website at www.onelineage.com (previously LineageLogistics.com).
17-04-2024
Knight-Swift Transportation announced an update to its earnings guidance for the first and second quarters of 2024. Based on preliminary results, the Company now expects that Adjusted EPS for the first quarter of 2024 will range from US$0.11 to US$0.12 (which is an update from the previously-announced expectation of US$0.37 to US$0.41). This range includes a loss of US$0.08 per share for the third-party insurance business that ceased operation at the end of the quarter; excluding this insurance loss, the expected Adjusted EPS range would be US$0.19 to US$0.20.
The full truckload industry continues to be challenging and oversupplied with capacity. The weather disruption in January had a greater impact than initially estimated, as the subsequent recovery was not sufficient to offset the negative impact to volumes and operating costs for the quarter.
The early part of the bid season led to greater than expected pressure on freight rates as some shippers are still trying to push rates down further. In some cases, the Company lost contractual volumes because it was not willing to commit to further concessions on what it views as unsustainable contractual rates. This resulted in more of its capacity being allocated to the spot market, which creates further pressure on revenue per mile and utilisation in the near term but positions capacity to react to changes in the market.
The softer volume and pricing headwinds also impacted Logistics volumes and margins, with further volume pressure on Logistics as the Company diverted loads to the asset division to partially offset the contractual volume losses.
The less-than-truckload (LTL) segment continues to show positive volume and yield trends year-over-year, though the impact of the weather disruption was greater on this business relative to the Truckload segment as the LTL network footprint is not nationwide and is more concentrated in the areas affected by the weather in the first quarter. While the subsequent volume recovery was more pronounced in the LTL market than in truckload, it was not enough to offset the outsized impact to operating costs, resulting in lower operating income than expected. Volumes normalised into March and April, and the Company remains focused on improving margins while expanding its footprint as it operationalise many of the properties it has recently purchased.
The Company also expects that Adjusted EPS for the second quarter of 2024 will range from US$0.26 to US$0.30 (which is an update from the previously-announced expectation of US$0.53 to US$0.57). This updated range assumes the more challenging market conditions noted above continue, such as the bid season trends and less pronounced seasonality in the truckload market than originally projected and reflects:
> Truckload segment operating ratios in the mid-90’s for existing businesses and continued roughly break-even operating results for U.S. Xpress with overall revenues stabilising at declines of roughly 5.0% from the fourth quarter level due to headwinds on revenue per mile and on dedicated services;
> LTL segment operating ratio performing at similar levels as Q2, 2023 with year-over-year revenue growth of 10-15%;
> Logistics segment operating ratio in the mid-90’s with year-over-year revenue growth of 10.0% to 15.0%, as a result of the U.S. Xpress acquisition;
> Intermodal segment operating ratio approaching breakeven during the quarter with revenues down slightly year-over-year; and
> All Other segments operating income of approximately US$10-15 million for the quarter before including the US$11.7 million intangibles asset amortisation.
17-04-2024
Menzies Aviation has announced three years of consecutive double-digit revenue growth, as air travel continues to edge closer to pre-pandemic levels. Reported in its 2023 Annual Review & Sustainability Report, the aviation services provider delivered a strong financial performance, with global revenue increasing to US$2.2 billion – a 10.7% increase compared to the previous year. The Group delivered EBITDA of US$318.0 million (post IFRS16), representing a 15.0% margin.
This growth comes on the back of an expanded global footprint and strategic partnerships in Serbia, Jamaica, India and Bulgaria which helped to propel regional growth, including the successful integration of 41 National Aviation Services (NAS) stations, following its 2022 merger.
In 2023, Menzies Aviation served more than 4.5 million flights (2022: 4.1 million), an increase of 9.7%, and over 217 million airline passengers (2022: 183 million), up 18.5%. Cargo tonnes increased to 2.0 million (2022: 1.8 million) and it also welcomed more than 1.8 million guests to its 36 Pearl lounges across the globe (2022: 660,000), an increase of 173.0%.
It outperformed the industry average for operational safety performance in 2023, reaffirming its commitment to delivering the best safety culture in the industry. Its aircraft damage rate was six times lower than the industry average reported by IATA with just 0.41 incidents per 10,000 turns, against an average of 6.2.
The 2023 Annual Review & Sustainability Report also reflects on the Company’s progress against its All In plan for a fair and sustainable future. Key highlights of the 2023 Sustainability Report include a reduction of its Scope 1 and Scope 2 emissions by 3,417 tonnes CO2e compared to a baseline year of 2022. Compared with 2019 pre-pandemic levels, this is a decrease of approximately 26,000 tonnes CO2e – which underlines the progress it has made against its 50.0% reduction target for 2030. It also announced it is on track to reach its target of 25.0% of electric Ground Support Equipment (GSE), with plans to accelerate its electrification transition beyond that.
16-04-2024
J.B. Hunt Transport Services, Inc. announced Q1, 2024 net earnings of US$127.5 million, versus Q1, 2023 net earnings of US$197.8 million. Total operating revenue for the current quarter was US$2.94 billion compared with US$3.23 billion for Q1, 2023, a decrease of 9.0%. The decline in revenue was primarily driven by a 9.0% decrease in segment gross revenue per load in both Intermodal (JBI) and Truckload (JBT), 22.0% fewer loads in Integrated Capacity Solutions (ICS), and a modest decline in average trucks and productivity in Dedicated Contract Services (DCS) compared to the prior year period. Revenue declines in JBI, ICS, JBT and DCS were partially offset by Final Mile Services (FMS) revenue growth of 2.0%, primarily driven by new contracts implemented over the past year. Current quarter total operating revenue, excluding fuel surcharge revenue, decreased approximately 7.0% versus Q1, 2023.
Operating income for the current quarter decreased 30.0% to US$194.4 million versus US$277.5 million for Q1, 2023. The decrease in operating income was primarily due to a combination of lower volumes and yield pressure in JBI, ICS and JBT, as well as increases in equipment, insurance and claims, and bad debt expense. Operating income as a percentage of gross revenue decreased year-over-year as a result of higher professional driver and non-driver wages and benefits, equipment, and insurance and claims expenses as a percentage of gross revenue. These items were partially offset by lower rail and truck purchased transportation costs as a percentage of gross revenue.
Intermodal (JBI)
Q1, 2024 segment revenue: US$1.40 billion; down 9.0%
Q1, 2024 operating income: US$101.9 million; down 40.0%
Intermodal volume was flat versus the same period in 2023. Transcontinental network loads increased 5.0%, while eastern network loads decreased 7.0% compared to Q1, 2023. Overall demand for the domestic intermodal service offering in the quarter was weaker than expected, partially attributable to competition from over-the-road truck options in the eastern network, and a disciplined approach to the market for the value the services provide. Segment gross revenue decreased 9.0% from the prior year period, driven by a 9.0% decrease in segment gross revenue per load, resulting from changes in the mix of freight, customer rates, and fuel surcharge revenue. Revenue per load excluding fuel surcharge revenue was down 8.0% year-over-year. Operating income decreased 40.0% in Q1 primarily from lower yields. JBI segment operating income as a percentage of segment gross revenue declined versus the prior-year period as a result of increases in professional driver and non-driver wages and benefits, higher equipment and maintenance expenses, and insurance premium costs as a percentage of gross revenue. During the period the Company onboarded approximately 1,140 new units of container capacity. The current period ended with approximately 119,300 units of trailing capacity and approximately 6,300 power units in the dray fleet.
Dedicated Contract Services (DCS)
Q1, 2024 segment revenue: US$860.0 million; down 2.0%
Q1, 2024 operating income: US$93.6 million; down 9.0%
DCS revenue decreased 2.0% during the current quarter over the same period 2023, driven by a 1.0% decline in average trucks combined with a 1.0% decline in productivity (gross revenue per truck per week). Productivity excluding fuel surcharge revenue increased 1.0% from a year ago driven by contracted indexed-based price escalators, partially offset by an increase in idled equipment. On a net basis, there were 71 fewer revenue producing trucks in the fleet by the end of the quarter compared to the prior-year period, and two more versus the end of Q4, 2023. Customer retention rates are approximately 91.0%, largely reflecting the downsizing of fleets and to a lesser extent account losses. Operating income decreased 9.0% from the prior year quarter. The decrease was primarily driven by lower revenue; increases in insurance premiums, equipment and bad debt expense; and higher new account start-up costs as compared to the prior year period. These items were partially offset by lower maintenance costs and the maturing of new business onboarded over the past trailing twelve months.
Integrated Capacity Solutions (ICS)
Q1, 2024 segment revenue: US$285.0 million; down 26.0%
Q1, 2024 operating loss: US$(17.5) million; vs. US$(5.4) million in Q1, 20’23
ICS revenue declined 26.0% during the current quarter versus Q1, 2023. Overall segment volume decreased 22.0% versus the prior year period. Revenue per load decreased 5.0% compared to Q1, 2023 due to lower contractual and transactional rates and changes in customer freight mix. Contractual volume represented approximately 57.0% of the total load volume and 59.0% of the total revenue in the current quarter compared to 63.0% and 64.0%, respectively, in Q1, 2023. Operating loss was US$17.5 million compared to operating loss of US$5.4 million for Q1, 2023. Operating performance declined largely due to an US$11.0 million decrease in gross profit, higher insurance costs, and integration and transition costs related to the purchase of the brokerage assets of BNSF Logistics. These items were partially offset by lower personnel-related expenses and reduced technology costs. Gross profit declined 21.0% versus the prior year period as a result of lower volume and revenue, despite gross profit margins improving to 14.3% as compared to 13.4% in the prior year period. ICS carrier base decreased 22.0% year-over-year, largely driven by changes to carrier qualification requirements to mitigate cargo theft.
Final Mile Services (FMS)
Q1, 2024 segment revenue: US$229.0 million; up 2.0%
Q1, 2024 operating income: US$15.1 million; up 128.0%
FMS revenue increased 2.0% compared to the same period 2023. The increase was primarily driven by multiple new contracts implemented over the past year and efforts to improve the overall revenue quality of the business. These items were partially offset by general weakness in demand across many of the end markets served. Operating income increased 128.0% to US$15.1 million compared to the prior-year period. Q1, 2024 included a US$3.1 million benefit from a prior period claim settlement. Excluding this impact, operating income increased primarily from higher revenue and lower personnel, maintenance, and technology costs. These items were partially offset by higher facility rent expense, insurance premiums, bad debt expense, and loss on equipment sales as compared to the prior year period.
Truckload (JBT)
Q1, 2024 Segment Revenue: US$178.0 million; down 13.0%
Q1, 2024 Operating Income: US$1.2 million; down 75.0%
JBT revenue decreased 13.0% compared to the same period in the previous year. Revenue excluding fuel surcharge revenue decreased 13.0% due to a 9.0% decline in revenue per load excluding fuel surcharge revenue and a 5.0% decline in load volume. Total average effective trailer count decreased by approximately 200 units, or 2.0% versus the prior-year period. Trailer turns in the quarter were down 2.0% compared to the prior year period primarily due to changes in freight mix and weaker overall freight demand as compared to Q1, 2023. JBT operating income decreased 75.0% to US$1.2 million compared to Q1, 2023. The decrease in operating income was primarily driven by the decline in revenue. JBT segment operating income as a percentage of segment gross revenue declined versus the prior-year period as a result of higher equipment, maintenance and insurance premium expenses as a percentage of gross revenue.
16-04-2024
Hapag-Lloyd has announces its Strategy 2030, a comprehendive roadmap charting the course for the company's pursuit in quality leadership, sustainability, innovation, and operational efficiency in a rapidly evolving maritime industry.
Over the past five years, the Company has made significant progress in customer satisfaction, financial stability, and market expansion, particularly in key growth regions such as India and Africa. Building on the momentum of Strategy 2023, which cemented Hapag-Lloyd’s reputation as a customer-centric carrier, Strategy 2030 is the result of in-depth market analysis and customer insight, as well as extensive internal collaboration, including input from the Company’s global experts. It is dedicated to delivering outstanding customer service, while prioritising environmental responsibility and innovative digital solutions to navigate the ever-changing global landscape.
Hapag-Lloyd’s Strategy 2030 is built on five core pillars:
> Pure Play Plus: Hapag-Lloyd continues to invest in its fleet and service network to further strengthen its core liner business while expanding its terminal portfolio, backed by a new Terminal and Infrastructure Division. In addition, the carrier aims to increase its share of inland transport in direct support of its core business.
> Top 5 Global Container Line: With a focus on strategic growth initiatives, Hapag-Lloyd aims to cement its position among the top five global container lines and reinforce its presence in key markets, including Africa, India, Southeast Asia, and the Pacific trade by growing above market.
> Undisputed Number One for Quality: Hapag-Lloyd will double down on its quality strategy, aiming for an on-time delivery rate of more than 80.0% and strengthening operational excellence, customer care, and ease of doing business. The Gemini Cooperation with Maersk will be an important step towards this goal, as will the strengthening of internal processes.
> Sustainability Driver: Fully embracing to environmental responsibility and contributing to keeping global warming within the 1.5C target of the Paris Agreement, Hapag-Lloyd is committed to reducing absolute greenhouse gas emissions by around one-third by 2030 and achieving net-zero fleet operations by 2045. This will be achieved through a range of measures, including fleet modernisation, new propulsion technologies, and the use of alternative fuels.
> Top Performing Carrier: Hapag-Lloyd aims to remain an industry frontrunner by leveraging cutting-edge IT solutions, increasing productivity, maintaining a razor-sharp focus on performance and cost optimisation, developing the workforce, and attracting talents.
Hapag-Lloyd operates in a very dynamic industry marked by shifting customer needs, so a resilient strategy is essential. Strategy 2030 positions the Company to thrive and lead as one of the top global container lines. With it, it will not only enhance the value delivered to customers and partners, but also make a meaningful contribution to the decarbonisation of the industry. It is the Company’s most ambitious strategy to date.
19-04-2024
Maersk has announced a significant upgrade to its ME2 ocean service. As of third week of April, the ME2 service will include port calls to key destinations in North Europe, namely Rotterdam, Felixstowe, and Bremerhaven.
The future port rotation of the ME2 service will be Port Tangier – Algeciras – Rotterdam – Felixstowe – Bremerhaven – Port Tangier – Salalah – Jebel Ali – Mundra – Nhava Sheva – Port Tangier.
This strategic extension of the ME2 service to key destinations in North Europe will benefit North India’s exporters, particularly those in the lifestyle and retail sectors. With upgraded service, manufacturers and exporters will get expedited access to important consumer markets in North Europe. The transit times for ocean transports between Mumbai ports and North Europe will be shortened by five to seven days.
In the same way, on the backhaul from North Europe to India, the importers for the automotive sector will benefit from quicker transit times for automotive components coming into India.
Despite the expansion, the nominal capacity of the weekly ME2 service will remain unchanged. Maersk will add two additional vessels to the rotation to accommodate the extended coverage in North Europe. This commitment underscores Maersk's unwavering dedication to providing efficient and reliable logistics solutions that consistently meet its customers' evolving needs.
17-04-2024
Alibaba.com has officially introduced its Logistics Marketplace, providing US small and medium-sized enterprises (SMEs) with access to affordable and customisable logistics services to streamline their supply chains and gain global reach with greater ease.
Alibaba.com's Logistics Marketplace not only allows buyers to connect with potential logistics service providers that are pre-vetted by the platform, but identify solutions tailored to their individual logistics demands. It aims to reshape how SMEs manage their supply chain strategies, allowing them to navigate the global marketplace with fewer of the traditional logistics hurdles.
Buyers using Alibaba.com's Logistics Marketplace are able to compare real-time quotes from a wide variety of trusted logistics service providers and easily book a solution fine-tuned to their distinct need right within a single console. They will also be able to see all verified options and offerings from potential service providers, including customs clearance capabilities, local storage and warehouse space statuses, combined shipments options, opportunities for drop-shipping and more.
The platform also features a "Most Popular Services" section, which showcases key logistics options most utilised by SMEs. This includes door-to-door express, full container shipping, special goods transport, drop-shipping and ‘Ship to FBA’ services, ensuring efficient and safe delivery.
In addition, the ‘Send Inquiry’ and ‘Logistics RFQ’ features simplify the process of connecting with freight forwarders, enabling businesses to quickly obtain competitive quotes and tailor their logistics strategies.
Alibaba.com's Logistics Marketplace is supported by a ratings system that helps SMEs choose providers based on critical performance indicators like response time and on-time delivery rate. With support for online logistics orders to 46 markets, it allows B2B buyers to easily find qualified freight forwarders who can provide tailored logistics services.
16-04-2024
CMA CGM AIR CARGO will begin operating a transpacific route connecting Asia to North America in summer 2024. The launch on a strategic air freight route marks the acceleration of CMA CGM AIR CARGO's development.
To ensure service to new destinations, CMA CGM AIR CARGO will take possession of two Boeing B777-200F aircraft this year. The first aircraft, scheduled for delivery in June, will enable operations to begin on the transpacific route during the summer in anticipation of peak season and will serve airports in Hong Kong, Chicago, and Seoul. The second aircraft will be delivered in Q4, 2024 and will connect mainland China to North America. Flights will be operated by our partner Atlas Air.
Currently, the CMA CGM AIR CARGO fleet consists of two B777F and three A330F, which are based at the Paris-Charles de Gaulle (CDG) hub.
> x2 B777F aircraft operate connections between Europe and Greater China: five flights per week to Hong Kong and four flights per week to Shanghai.
> x3 A330F in the fleet today, two are chartered for a third party, while the third operates connections between Paris-Charles de Gaulle, Mumbai, and Guangzhou three times a week.
CMA CGM AIR CARGO's network expansion strategy will continue to pave the way for further developments in the coming months:
> In 2025, the delivery of a third B777-200F, which will strengthen the fleet by extending its reach and available capacity for customers.
> In 2026, the delivery of eight Airbus A350F aircraft will enable it to operate a global network, meeting the global logistics needs of air freight customers.
As the launch customer for the cargo version of the A350, CMA CGM AIR CARGO has opted for the most environmentally efficient aircraft on the market, reinforcing the Company's commitment to sustainable transport. The A350F model stands out for a 20.0% reduction in CO2 emissions compared to its direct competitors.
Additionally, CMA CGM AIR CARGO offer a complete range of solutions for the transportation of sensitive products, such as hazardous goods, temperature-controlled cargo, perishables, live animals and high-value products.
This expansion into the Transpacific Lane marks a turning point in the Company’s history by connecting a new continent to its network and aligns with the ambition of the CMA CGM Group to offer a range of solutions to its customers. This lane opening will enable it to offer even more destinations to customers on major routes.
This announcement represents a new step in the development of the business, which aims to go global, and will take another step forward again in 2026 with the arrival of the A350F, the most environmentally friendly aircraft on the market.
16-04-2024
FedEx Express has launched the FedEx Import Tool (FiT), a cutting-edge solution designed to address the increasing complexities and volumes of imports in India. This timely launch is noteworthy as India has experienced a significant 12.2% increase in merchandise imports, reaching US$60.11 billion in February 2024 from US$54.4 billion in January of the previous year.
There is a need for smarter, more efficient solutions to manage the complexities of the import sector. FiT, with its integration of advanced technology and user-focused design, is set to transform the import process, enhancing efficiency, compliance, and the overall end-to-end shipment journey. Developed in India, FiT stands as a testament to the local innovation aimed at addressing global challenges. It will be released in other FedEx markets globally in a phased manner. Key features of this comprehensive, single-window platform include:
> A unified self-service platform to streamline the shipping process by centralizing document management and shipment tracking.
> A dashboard for greater visibility into every stage of the import shipments.
> Proactive notifications to expedite the clearance process and minimise delays.
> A secure portal for the easy upload of KYC and customs clearance related documents, ensuring compliance and efficiency.
> A direct payment feature for paying customs duties and taxes online.
> Round-the-clock monitoring allows shippers and importers to track their shipments up to 90 days after pickup.
13-04-2024
DHL Express has introduced a dedicated flight between Hong Kong and Sydney, Australia. This direct flight replaces the current Hong Kong-Singapore-Sydney route to meet the rise in shipment volume between Hong Kong and Australia. Departing from DHL’s Central Asia Hub in Hong Kong, the dedicated flight leaves for Sydney Airport five times a week.
Supplied by Kalitta Air, the Boeing 777-200 is wet leased into Tasman Cargo Airlines which operates the flight. The freighter offers a maximum capacity of 105 tons, raising customers' weekly total payload by over 500 tons.
To tackle the increasing demands of intra-Asia trade, the dedicated flight from Sydney offers next-day delivery services to Mainland China, India, Korea, Japan, Malaysia, Taiwan, Thailand, Philippines, and Vietnam, upon shipment arrival in Hong Kong. Customers who want to expand their reach within Asia Pacific can expect quicker and more efficient shipping services.
More than ever, DHL Express is focused on network optimisation to ensure customers benefit from the robust demand of cross-border trade within the region.
Hong Kong continues to hold a strategic position as a crucial regional logistics hub, instrumental in facilitating trade flows across Asia Pacific. By introducing new direct flights to Sydney, this enables customers to access the Oceania market faster, reaffirming DHL's commitment to continually enhance connectivity and facilitate global trade.
In addition to the new dedicated B777f flight from Sydney to Hong Kong, DHL also has a B777f flight to between Sydney and Singapore. This direct flight flies six times a week and offers next-day delivery services to Malaysia and Indonesia, upon shipment arrival in Singapore, fortifying intra-Asia trade.
Committed to delivering fast and reliable international time-definite shipments, DHL Express’s robust aviation network in Asia Pacific comprises over 30 dedicated aircraft, key partner airlines including Tasman Cargo Airlines and Air Hong Kong. Together, DHL Express operates over 710 daily flights across more than 220 countries and territories. The Company also recently expanded its Central Asia Hub – one of its three global hubs – to facilitate the growth of intercontinental trade demand.
19-04-2024
Uniserve has collaborated with Vivid Goliath, a prominent and Top 10 supplier within the toys and games trade, delivering exceptional results amidst the fast-paced and seasonal demands of their market.
Vivid Goliath faced the challenge of managing a substantial volume of approximately 50,000 order lines annually across diverse customer channels. These channels included major, national retailers, as well as eCommerce platforms including Argos and Amazon. To meet these demands and streamline their supply chain, Vivid Goliath required a comprehensive logistics management solution that ensured precise stock management, reduced costs, and increased operational and distribution efficiency.
Uniserve were appointed as Vivid Goliath’s new strategic logistics partner, offering high-quality, efficient 3PL services equipped with reliable picking, packing, and rework procedures. Leveraging the capabilities of its 69,675 m2 Felixstowe Mega DC, Uniserve provided rapid and responsive support along with tailored storage solutions to meet Vivid Goliath’s unique needs.
To ensure seamless order consolidation, Uniserve established a dedicated central team responsible for managing delivery bookings directly with Vivid Goliath’s customers.
From the offset, Uniserve demonstrated an unwavering commitment to continuous improvement in conjunction with Vivid Goliath, delivering several initiatives that significantly benefited Vivid Goliath’s operations and costs including reduced stock holding initiatives, slicker transport planning for different routes to market and the onboarding of dedicated staff to facilitate all of Vivid Goliath’s value added service requirements.
This made it the smoothest Peak season that Vivid Goliath have experienced in recent memory.
18-04-2024
CJ Logistics has signed a customs clearance and delivery service contract with Singapore-based Ninja Van to strengthen its cross-border logistics business in Southeast Asia.
Ninja Van provides customs clearance and delivery services in six Southeast Asian countries, including Malaysia, Indonesia, Vietnam, the Philippines, and Thailand, supported by advanced digital technology such as real-time transportation tracking systems.
Under the contract, South Korean products dispatched from domestic logistics centres and transported to Southeast Asian countries through CJ Logistics' air forwarding will be handled by Ninja Van for customs clearance and delivery services in each destination country.
As a result, one-stop logistics is achieved from South Korea to the final consumers in Southeast Asia, eliminating the need for clients to individually contract domestic customs brokers, carriers, and overseas customs brokers and carriers.
As CJ Logistics creates economies of scale based on larger shipment volumes, the logistics cost burden on cross-border clients is expected to be reduced compared to conventional international transport.
18-04-2024
Scandinavian Airlines (SAS) has awarded a cargo handling contract to Worldwide Flight Services (WFS) at a fourth major airport gateway in North America. The new three-year agreement will see WFS, a member of SATS Group, handle cargo onboard SAS flights to and from Boston, US. The airline now offers daily Airbus A350 flights between the New England city and the Danish capital, Copenhagen.
WFS expects to handle over 8.0 million kilograms of cargo a year on SAS’s Boston operations, including high volumes of perishables.
Boston now joins Los Angeles, New York JFK, and San Francisco as airports in the US where WFS and SAS have partnered together.
WFS opened its operation in Boston in 2010 and now operates two cargo terminals at the city’s Logan International Airport, offering over 6,500 m2 of cargo handing space. The two facilities process more than 57,000 tonnes of cargo annually for WFS’ 14 airline customers in Boston.
17-04-2024
Daimler Truck has selected DB Schenker to operate its new 19,000 m2 warehouse in Melbourne, encompassing more than 40,000 SKUs for truck and bus parts. The new warehouse, located about 23km from the Melbourne CBD and 20km from Tullamarine Airport, has been designed to strengthen Daimler Truck’s ability to supply stock and parts across Australia and New Zealand, and stocks everything from small washers to full truck cabs.
This warehouse is the first Daimler Truck operation in the world to stock parts for three different truck brands all under the one roof. Daimler Truck Australia Pacific offers a vast range of vehicles covering every segment of the Australian road freight industry with its Mercedes-Benz, Freightliner and Fuso trucks, as well as Fuso buses.
The warehouse has more than 50,000 individual locations, including a 4,000 m2 mezzanine level, and customised racking to store large truck cabs. A super awning approximately 3,400 m2 was constructed so that parts could be loaded and unloaded in full protection from the weather. The warehouse itself has a high clearance section, with additional pallet storage above 10m in height.
The building has a five-star Green Star rating, and includes EV charging stations that staff can use, a focus on recycling, and LED lighting with motion control throughout the facility. The focus on sustainability aligns with DB Schenker’s global commitment towards a future of cleaner logistics.
In addition to operating the warehouse, DB Schenker also handles the leasing of the premises in Melbourne’s West. The Company worked with Daimler Truck to find a solution that suited their needs now, and into the future. The site typically has more than 50 employees on-site on any given day, with more during peak demand periods,” said Davison.
There’s flexibility built into the warehouse operations, because needs can change. Daimler Truck is dedicated to minimising the time that its customers’ trucks and buses are ‘off road’ – and this warehouse will help supply spare parts more efficiently to get vehicles back on the road swiftly.
17-04-2024
STG Logistics has announced an extended, long-term partnership with Union Pacific Railroad. The agreement builds upon three decades of STG and Union Pacific working together to deliver goods and products to consumers, while ensuring continuity and excellence within the nation's supply chain.
This new contract will help STG with its growth trajectory while continuing a relationship that reflects it vision for the future of intermodal.
Moving freight by rail offers a variety of benefits, including reduced carbon emissions, making it an environmentally responsible option. Rail transportation also offers cost-effective solutions for long-distance freight hauling, leading to economic efficiency and sustainability for customers.
17-04-2024
CMA CGM and CEVA Logistics are central to the logistics challenge for the Paris 2024 Games. There are 1.3 million items of furniture and over 900,000 pieces of sports equipment to transport, deliver, assemble and move around the Olympic venues.
Working closely with the Organising Committee of the Paris 2024 Games since February 2023, the Group and its subsidiary CEVA Logistics are offering a full range of logistic transport solutions for the event. The partnership includes freight services, international transport of goods, customs clearance, storage, delivery, site logistics, special freight, and IT systems integration.
Now 100 days before the opening ceremony, as Paris prepares to receive over 10,500 athletes and welcome nearly 10 million spectators, the CMA CGM and CEVA Logistics teams are in action, setting up the logistics chain and all the equipment necessary to ensure the Paris 2024 Games run smoothly.
A singular logistics challenge, unique worldwide, CMA CGM and CEVA Logistics will ensure transport and delivery of over 900,000 items of sports equipment including trampolines, poles, firearms, boats, and surfboards.
The Group will also transport more than 250 containers of bleachers and mobile seats and deliver 1.3 million items of furniture, fixtures, equipment, and merchandising material. A total of 17,000 beds for the athletes and their teams lodged in the Olympic Village will be delivered, assembled, and dismantled.
CEVA Logistics is also responsible for the storage, assembly and transport of nearly 650 advanced mobility vehicles and 2,745 electric vehicles for getting around the venues.
As the opening looms closer, CMA CGM will manage more than 68,000 pieces of luggage, transporting them from airports to Olympic venues. They will also manage end-to-end logistics for the world’s largest audiovisual network so the competitions can be broadcast all over the world.
The Group will move over 170,000 pallets and make more than 7,000 trips to cross the last mile to deliver equipment needed for the competitions with a fleet of more than 300 vehicles, ranging from vans to trucks for the Paris 2024 Games.
To ensure effective logistics, crucial for the Olympic Games, CMA CGM and CEVA Logistics are hiring 700 new employees, trained for the occasion, creating opportunities for the long-term unemployed in some cases.
CMA CGM is working with Paris 2024 to deliver more responsible Olympic Games, watchful over environmental and social impact of every action. With a sustainable approach aimed at achieving Net Zero Carbon by 2050, the CMA CGM Group offers low-carbon and energy-efficient logistics solutions.
CMA CGM is therefore relying on logistics vehicles powered by LNG, biofuels, electricity or sustainable aviation fuel to reduce the carbon impact of its transport services. For example, at least 50.0% of deliveries between the storage warehouses and the Games venues will be made by CEVA Logistics using low-carbon vehicles powered by biofuels.
16-04-2024
Wincanton has been awarded extended warehouse and transport contracts with Dobbies, a leading UK garden centre retailer, to provide premium home delivery, store replenishment and eCommerce services.
Dobbies started working with Wincanton in 2020. To date, the partnership has seen Wincanton manage 110,000 units of stock per week to stores and customers across the UK.
The new contract reflects the leading supply chain partner's track record in the home and gardens market.
Wincanton seamlessly managed the relocation of Dobbies’ national distribution centre to a new shared-user site in Corby, Northamptonshire, to provide additional space, facilitating Dobbies’ growth potential.
The transition will achieve over 16.0% improvements in efficiency and will allow Dobbies the capacity to increase volumes by 100.0%.
19-04-2024
SEGRO and St George, a leading mixed-use developer in London and member of the Berkeley Group, have completed SEGRO V-Park Grand Union, an innovative, multi-storey industrial development in Alperton, North West London, UK.
SEGRO V-Park Grand Union is a 12,495 m2, six-storey development that sits in 1.7 acres as part of the wider 22-acre Grand Union neighbourhood. It delivers modern industrial warehousing designed to maximise employment space where land is constrained, and the concept fully supports the aspirations of the new London Plan to intensify industrial land. It is expected to deliver up to 250 jobs and apprenticeships once the scheme is fully let, contributing to the total 400 new jobs that will be created across the Grand Union development.
The industrial development is arranged over six storeys and is equipped with cargo lifts. Two lower levels provide loading bay space and parking facilities, while four upper levels offer units in a range of sizes. Each customer will occupy a self-contained industrial unit and benefit from outstanding communal amenities that enable a modern, inclusive and enjoyable working environment, which is not always commonplace with more traditional industrial spaces. These include dedicated social and workspaces, from break-out and bookable meeting rooms through to a roof terrace where teams can connect and collaborate. A dedicated reception service is also available to provide support when needed.
The development embodies the very best in energy-saving measures across its construction and lifecycle, and has been specifically designed to support customers in reducing their carbon footprints and achieving their sustainability goals. Specifically, it is targeting BREEAM Excellent, and includes 20 charging points for electric cars and vans, as well as photovoltaic cells and an internal green wall. These sustainability features align with the Responsible SEGRO commitment to Champion low-carbon growth, and Berkeley Group’s Our Vision 2030 Strategy, which sees the Company seek to transform the most challenging sites into exceptional places and maximise its positive impact on society, the economy and the natural world.
St George is transforming the wider former derelict brownfield industrial site into a vibrant, mixed-use neighbourhood comprising 3,350 homes, 35.0% of which will be affordable. It provides an innovative demonstration of industrial intensification and co-location of industrial and residential space. The pioneering new development reconnects the public to this previously inaccessible part of the canal and brings the community new green spaces, commercial offering and a Community Hub, creating a new canal-side destination to live, work and relax.
The concept of multi-storey is relatively novel in the UK, but has proven to work well elsewhere. Potential occupiers are open-minded about how they could make the space work for their businesses.
SEGRO V-Park Grand Union is located in the heart of Park Royal, one of London’s most sought-after industrial areas, and will front onto the North Circular (A406), providing excellent access into the London market and connectivity to the M1 and M25.
In Brent, SEGRO owns and manages over 167,225 m2 of built space across six developments, providing workspace for a wide range of companies operating across a broad spectrum of sectors, including John Lewis, Royal Mail, Ocado, as well as production company RD Studio and pharmaceutical company ITH Pharma.
18-04-2024
Bavaria’s Minister-President Dr. Markus Söder has opened the new branch of Gebrüder Weiss in Straubing, Germany. The logistics company has invested €14.0 million in the facility, making a clear commitment to Bavaria as a place of business.
The Free State of Bavaria offers the Company a good set of conditions on which it can base its plans for expansion in Germany. Over the past five years, it has invested €120.0 million in Bavaria with the aim of giving Bavarian industrial and commercial enterprises access to markets both in Germany and around the world.
At the facility, incoming goods are prepared over an area of 3,700 m2 for forwarding in Germany, for onward transport to European countries and for air and sea freight overseas. The terminal also serves as a distribution centre for the economic regions of Eastern Bavaria, Lower Bavaria and Upper Palatinate.
There are already plans in the works to expand the location in the coming years to include additional warehouses and handling facilities. The Company is investing an eight-figure amount in expanding the Straubing location.
In recent years, Gebrüder Weiss has built up a dense network of locations in southern Germany and, in addition to Straubing, has its own branches and subsidiaries in Aldingen, Altensteig, Bayreuth, Esslingen, Konradsreuth, Memmingen, Nuremberg, Passau and Waldkraiburg.
17-04-2024
Daikin, a renowned leader in the heating, cooling and ventilation industry, has announced the opening and commencement of outbound deliveries from its new Midlands warehouse in Daventry, in partnership with its logistics partner GXO.
Located in the heart of the UK logistics ‘golden triangle’ in the Midlands, Daikin and GXO have jointly invested over £4.0 million to consolidate their operations into one facility.
The move provides a future-ready fit out of a 22,300 m2 warehouse that will exclusively serve Daikin in the UK for all products and spares. The full transition from the current operation to the new warehouse will happen during the course of this year, providing over 75 new jobs for the local community.
The flexible, scalable GXO Direct shared warehousing helped support Daikin’s growth to the stage where they are ready to move to their own warehouse solution. This new dedicated facility provides them with the flexibility and space they need to continue their business growth.
The Daventry warehouse provides Daikin the ability to scale up its operations, moving from several GXO Direct shared user warehouse sites, into one consolidated site. This relocation will support Daikin’s growth for many years to come and allow for future products to be smoothly delivered into the UK market. This development will increase the agility of Daikin’s UK delivery operations, ensuring a better customer and client experience and improving product availability.
Having worked with Daikin for more than 17 years in the U.K., Ireland and Italy, GXO continues to provide the flexible space and tailored solutions that are advantageous for the heating, cooling and ventilation sector.
17-04-2024
IKEA Ireland has opened a state-of-the-art distribution centre in Rathcoole, Co. Dublin, marking a significant milestone in the Company's expansion within Ireland. This new facility, employing over 200 people, follows investments in six plan and order points, upgrades to the Ballymun store, and an innovative collaboration with Tesco Ireland on affordable collection service, all to bring IKEA closer to customers across the Republic of Ireland.
The new distribution centre will result in IKEA’s business in Ireland having one of the shortest delivery times in Europe. Before now, IKEA deliveries to Irish consumers required dispatch from the UK. With the inauguration of this new multi-million-euro facility in Ireland, delivery times will reduce to just three days. This strategic move not only brings IKEA products closer to its Irish customers but also significantly improves product availability throughout Ireland.
The vast distribution centre is over 27,000 m2, has a storage capacity of 20,000 cubic metres – equal to over 258,000 flatpack BILLY bookcases or double the size of Croke Park pitch – and is capable of housing up to 9,000 different product lines, spanning across almost every product in the IKEA range.
IKEA expects the distribution centre to be making more than 300,000 deliveries in the first year of operation, with that figure almost doubling to nearly 600,000 within five years. Eventually the plan is to be able to deliver up to three million items a year from the centre.
The facility marks a key step in the Company’s ambitious expansion plans across Ireland. It remains committed to – and are continually investing in – the future of its physical store in Dublin, but wants people to enjoy the IKEA experience no matter where they choose to engage, whether through the full-size store, plan and order points, or online.
This state-of-the-art facility is also a testament of IKEA’s unwavering commitment to sustainability. This building is one of the most energy efficient logistic facilities in Ireland. It has a Building Energy Rating (BER) of A2 and includes features like rainwater harvesting and roof-based solar panels. IKEA is also transitioning to exclusive zero emission home deliveries, which together with locating the distribution centre closer to its customers, will result in significant reduction in CO2 emissions and more sustainable deliveries.
Customers with Dublin Eircodes will receive their home deliveries in zero-emission vehicles. IKEA has committed to ensuring all deliveries to customers across Ireland will be exclusively in zero-emission vehicles by August 2025. As the first step to advance towards this goal, 17 electric vans will deliver IKEA goods across the country, with the number of zero emissions vehicles doubling by August 2025. As of now, two zero emission vehicles will be based in Cork, two in Athlone, four at the Ballymun store, and nine at the new distribution centre. These 17 zero emission vans will replace diesel delivery vehicles, resulting in an estimated annual saving of 283,000 litres of diesel, equivalent to reducing carbon dioxide (CO2) emissions by 750 tonnes per year.
To support the transition to zero emission deliveries, IKEA has established an extensive electric vehicle charging network at the distribution centre, comprising of three rapid charge points for quick top-ups and 20 overnight charging points for full recharges.
IKEA’s 8MW wind farm near Manorhamilton, Co. Leitrim, will also support the retailer’s transition to zero-emission deliveries and use of 100.0% renewable energy to power the distribution centre and IKEA’s flagship store in Ballymun, Dublin. It is projected that the wind farm produces about twice the amount of electricity required by the new distribution centre and the Ballymun store.
Furthermore, to secure even more renewable energy for the future, Ingka Investments, the investment arm of the Company, has invested in a 10GW offshore wind project portfolio in Ireland and UK.
The launch of the logistics facility is operated by logistics firm and longstanding IKEA service provider, Wincanton.
Deliveries will be carried out by XPO Logistics, supporting IKEA on its journey to only deliver by zero-emission vehicles.
17-04-2024
The DACHSER logistics centre in Karlsruhe has acquired about 27,800 m2 of warehouse facilities in Rastatt. The new storage is to be built by early 2025 in a strategically favourable location at the Rastatt North freeway junction and in the immediate neighbourhood of the Rhine ports in Karlsruhe. DACHSER is thus increasing its warehousing capacity in the Middle Upper Rhine logistics region by around 42,000 pallet spaces.
The lease agreement was signed by DACHSER even before construction began. Thus, DACHSER is expanding the capacity of its logistics centre Malsch nearby Karlsruhe. The building permit was recently granted, so the handover to DACHSER is scheduled for Q2, 2025. The early conclusion means that the built-to-suit property, which is being planned and realised by DFI Real Estate, can be optimally adapted to the Company's needs. The logistics centre will offer 23,300 m2 of warehouse space, 3,150 m2 of mezzanine storage and 1,350 m2 of office and social space for 40 to 50 employees.
The location placed directly at the Rastatt North freeway exit at the A5/A8 junction offers optimal connections to the European land transport network as well as the economic centre of Karlsruhe, including its Rhine ports, which is only 23 kilometres away. Future DACHSER employees can easily reach their new workplace via public transportation from Rastatt train station. In addition, 75 parking spaces will be built on the site.
The new building fulfils high standards of sustainability and digitalisation. Highly efficient heat pump technology in conjunction with underfloor heating for the hall floor ensure fossil-free operation of the heating system. The electricity required is mainly provided by a photovoltaic system on the roof with an output of approx. 1,200 kWp. In addition, part of the roof and 10.0% of the frontage will be greened and a charging infrastructure for electric vehicles will be installed. As the property is being built on a brownfield site, no new surface area needs to be sealed for construction. For the site, the sustainability certificate DGNB in gold in accordance with the 2023 requirements is strived. The new logistics building thus contributes to DACHSER's sustainability strategy and supports the Karlsruhe logistics centre as an e-mobility location, where DACHSER focuses on testing climate-friendly technologies for the entire network.
Additional structural measures, such as the division into several fire compartments and a WGK foil under the floor, provide additional flexibility and safety. Furthermore, a sophisticated fire extinguishing system concept enables the storage of lithium-ion batteries such as PV storage modules for solar systems or cell modules for the automotive industry.
17-04-2024
Davies Turner has opened its latest logistics fulfilment centre; its seventh bespoke 3PL facility in the UK. Located in Atherstone in the English Midlands, the new hub further enhances the Company’s capacity to deliver logistics fulfilment services to businesses seeking to outsource their supply chain management requirements.
The new multi-user hub is a fully Customs-bonded facility, with 13,005 m2 of warehousing, incorporating a high bay fully racked area, with a top location level of 15 m and eaves height of 17 m, suitable for VNA forklift operations, as well as 20,000 pallet locations.
The new logistics fulfilment centre also features four 3,250 m2 mezzanine floors with conveyors, barcode readers and cameras to assist in automation.
The mezzanines are set up for the sortation, rework, value added services and fulfilment activities required for the Company’s growing eCommerce facilitation activities and online retail logistics operations.
There are 17 loading docks and two level access doors into the warehouse, as well as space to park 30-plus heavy goods vehicles.
Close to both the M1 and M6 motorways, the new facility marks the next phase of the Company’s investment programme in its fulfilment services and rivals in size the largest logistics hub in Davies Turner’s portfolio in Avonmouth, near Bristol, that was opened in 2017.
Davies Turner’s portfolio of warehousing and logistics property across the UK now amounts to well over 92,900 m2, and includes 3PL fulfilment facilities at Coleshill, Dartford, Heathrow, Glasgow and two near Bristol; plus other regional distribution centres and smaller branches supporting them.
The Company’s large freehold property portfolio is self-funded and represents a clear and ongoing demonstration of the Company’s willingness to invest in the future of the business.
The development marks the next step in the ongoing growth of the Company’s 3PL supply chain management business and frees up some space at its other facilities in the Midlands for general freight.
It is not the end of the Company’s plans to continue to invest in the development of bespoke logistics fulfilment centres around the UK.
16-04-2024
SSI Schaefer has announced the results of its partnership with Noatum Logistics Middle East, an integrated regional end-to-end logistics services arm of Noatum, an AD Ports Group company which leads the Group's Logistics Cluster.
By leveraging SSI Schaefer's mobile pallet racking system that increases storage capacity by over 90.0%, the partnership created the largest mobile racking system installation for deep-freeze cold rooms in the UAE, which is part of AD Ports Group's KLP21 warehousing hub, located at Khalifa Economic Zone Abu Dhabi (KEZAD).
In addition to boosting cooling efficiency and storage density, the system also succeeded in enhancing warehouse safety through its multiple failsafe mechanisms and cutting-edge programmable logic controller (PLC) to enable customised and automated control. With the increasing demand for pre-built, state-of-the-art cold room storage facilities in KEZAD, the partnership fulfils a key need for new clients, while accelerating business growth in the region and beyond.
The fruitful partnership between AD Ports Group and SSI Schaefer dates back several years. AD Ports Group initially partnered with SSI Schaefer to advance its progress toward becoming the largest cold-chain storage distribution centre for health and medical supply chains. SSI Schaefer designed and installed a VNA (Very Narrow Aisle Pallet Racking) storage solution to optimise the Group's state-of-the-art deep-freeze storage capacity that played a crucial role in storing and distributing over 260 million vaccine doses to over 65 countries worldwide as part of the HOPE Consortium - an Abu Dhabi-led public-private partnership designed to combat the spread of the Covid-19 pandemic.
Turning to SSI Schaefer to optimise its cold-chain warehousing space and capacity for pharmaceutical distribution, AD Ports Group's Logistics Cluster opted for Interlock 600 VNA wire-guided pallet racking for dry, deep-freeze warehouses, covering a vast +8,000 m2 and providing 14,000 pallet positions.
Equipped with deep-freeze solutions and advanced digital dashboards for precise environmental control, the solution enabled storing vaccines and pharmaceuticals within a set temperature range, even as low as -25C.
16-04-2024
Panattoni has finished the last stage of Panattoni Park Sulechów III. The centre has been developed for BestSecret, a leading European online shopping club offering luxury fashion at low prices. The building has a total area of 136,000 m2, which makes it one of the largest logistics centres in the region.
In the first stage of the Panattoni Park Sulechów III project, a 90,000 m2 building was constructed to meet the specific needs of BestSecret. In response to its rapidly rising needs and its aspirations resulting from its increased presence in the European eCommerce market, BestSecret almost immediately decided to enlarge this area by a further 46,000 m2. This decision not only demonstrates its confidence in Panattoni as a developer, but also is indicative of the success and long-term potential of investing in Panattoni Park Sulechów III..
The project in Sulechów was adapted to the specific needs of BestSecret, which required working together closely at every stage of the project. During the development of the project, Panattoni instigated a number of constructional and technological changes in response to the specific needs of the client. These included raising part of the building, adapting to the multi-level warehouse pick-towers that maximise the use of space and aid logistics, as well as acquiring the required permits and administrative approvals.
Panattoni Park Sulechów III, in accordance with the Panattoni standard, is to be certified under BREEAM for a rating of Excellent, while the roof of the centre is to be reinforced for the future installation of solar panels. The development meets the highest standards of energy efficiency including the use of a BMS system, smart lighting, heat pumps and destratifiers as well as increased insulation in the roof and walls. Due to all of these measures, a primary energy usage has been achieved that is lower than that required by the European Taxonomy.
The developer has also paid attention to the workers of the centre. Throughout the vast office area of 13,000 m2, access to daylight has been increased and a specialist was consulted to create the appropriate acoustics. The building is accessible to the handicapped. The relaxation area next to the entrance to the office includes outdoor furniture made from recycled wind turbine blades. The developer has also prepared facilities for cyclists and electric vehicle charging stations.
In consultation with an ecologist, care has been taken with the biodiversity of the site. Trees have been planted such as small-leaved lime, maple, and beech as well as native shrubs such as viburnum, dogwood, and buckthorn. The flower meadow is to be extended to 1,000 m2 and nesting boxes have been planned for birds as well as insect hotels.
This is now the second centre that has been developed by Panattoni in Sulechów. Previously Panattoni completed a distribution centre of over 61,000 m2 for TJX Europe, the owner of the TK Maxx brand.
Overall, Panattoni has already delivered over 750,000 m2 in the Lubusz region and more than 195,000 m2 is still under construction. Furthermore, BTS buildings comprise almost 60.0% of the entire space delivered by Panattoni. The reasons for the growing attractiveness of the region above all include its proximity to Poland’s western border and its well developed transport infrastructure including the S3 expressway, the A2 motorway and Zielona Góra airport. This is also a draw for modern business, which can find a superb base here for international operations, especially in the field of eCommerce.
15-04-2024
SEGRO has extended the lease agreement with Ikea in its park in Hostivice, Czech Republic. The unit serves as a dispensing warehouse for customers who have purchased goods from the well-known Scandinavian chain at its nearby store in Zličín. The Ikea warehouse is located in a 6,720 m2 unit in Building G.
The cooperation between SEGRO and Ikea has been long-standing - the furniture dispensing warehouse has been located in SEGRO Logistics Park Prague since 2014. It is popular among customers due to its easy accessibility and short distance from the store itself.
SEGRO Logistics Park Prague offers up to 250,000 m2 of leasable area in 14 halls. It is popular among occupiers due to its proximity to the Václav Havel Airport and easy connection to the city ring road and the D5 motorway towards Plzeň. It is also accessible by public transport, which is appreciated by the occupiers’ employees and is an important aspect for the park owner in terms of sustainability.
SEGRO is determined to play the role of a leader in the warehouse market when it comes to creating green spaces that promote biodiversity as part of its developments. Out of concern for the environment, a few years ago it started working with a local beekeeper who has been working in Hostivice for more than 25 years. He supports the selection of greenery in the space of SEGRO Logistics Park Prague and regularly takes care of the apiary. Together, they also planted several trees this year next to the E hall and arranged the space intended for an orchard.
13-04-2024
Construction work for a new logistics hall has started in the Nagelsee industrial park in the municipality of Aldingen / Baden-Wuerttemberg. Gebrüder Weiss is leading the building project. There is a high demand for storage space in industry and commerce and this new building will enable the Company to provide customers with 4,000 m2 of additional space for their goods.
The logistics hall is set for completion by the end of the year. It will serve as storage and increase capacities for national and international transhipment. The total investment is €8.5 million. The special features of the building include a washing plant for special transport containers, so-called euro containers, as well as a rooftop photovoltaic system. The electricity produced will be used for electric stackers and pallet trucks. A heat pump and new charging stations for e-vehicles will also be provided by the logistics company for climate-friendly operations.
Some 60 employees, including six apprentices, are employed by Gebrüder Weiss at the Aldingen location. Each year, the site handles around 200,000 shipments, for customers from the engineering, automotive and construction industries, as well as electronics and metal processing. Aldingen boasts a direct connection to Gebrüder Weiss’s international transport network, with further links into Austria and Switzerland as well as Eastern Europe, the Caucasus region, and Asia.
In Southern Germany, Gebrüder Weiss has a total of ten locations: three in Baden-Württemberg (Aldingen, Altensteig, Esslingen) and seven in Bavaria (Bayreuth, Konradsreuth, Memmingen, Nuremberg, Passau, Straubing and Waldkraiburg).
13-04-2024
Nippon Express is opening a new ‘NX-TECT Hokkaido’ warehouse for semiconductor-related companies in Eniwa, Hokkaido that will go into operation this coming August. NX-TECT Hokkaido will primarily handle logistics operations connected with IIM-1 (Chitose, Hokkaido), a semiconductor manufacturing plant of Rapidus Corporation, which aims to domestically produce cutting-edge logic semiconductors, and will support the development of the semiconductor industry from a logistics perspective.
IIM is an abbreviation for ‘Innovative Integration for Manufacturing’. Rapidus' IIM-1 plant, which will develop and produce the world's most advanced semiconductors, is currently under construction in Chitose, Hokkaido, and the surrounding area is expected to see a rise in logistics demand as well as a concentration of semiconductor-related companies.
The NX Group has positioned the semiconductor industry as a priority industry in the ‘NX Group Business Plan 2028’ and has been accelerating its semiconductor-related logistics initiatives.
Nippon Express will be operating its new NX-TECT Hokkaido warehouse in Eniwa, Hokkaido, from August of this year to provide end-to-end solutions to Rapidus and other companies in the semiconductor industry. The warehouse is situated approximately 20 km from New Chitose Airport, 22 km from the JR Sapporo Cargo Terminal, and 40 km from Tomakomai Port, making it an advantageously located logistics base for the storage of general materials needed for semiconductor manufacturing.
The steel-framed three-storey structure has a total floor area of 51,096.69 m2. The facility is fully air-conditioned to ensure optimal storage temperature and humidity. Security is provided on each floor and in each section of the building, and an emergency power generation system has been installed to ensure that the facility can continue operating even in the event of a disaster. A new multi-functional logistics site is scheduled to open in Tomakomai in January 2025 to meet the anticipated rise in demand in Hokkaido for the storage of hazardous materials such as chemicals and high-pressure gases required in semiconductor manufacturing processes.
Nippon Express has also been selected as one of the coordinators responsible for arranging the transport of parts and materials from Honshu to IIM-1. Nippon Express' business locations at the Otake Terminal in Iwakuni, Yamaguchi Prefecture and in Building L of the F-Plaza Tokyo in the Yashio district of Tokyo's Shinagawa Ward will serve as relay stations and carry out terminal operations. Nippon Express will support Rapidus' production system by consolidating parts and materials from various suppliers and providing safe and efficient transport.
17-04-2024
Nippon Express has acquired a stake in SWAT MOBILITY, an AI technology start-up company headquartered in Singapore, as an investment by the NX Global Innovation Investment Limited Partnership. The NX Group hopes through this investment to further accelerate its digital transformation (DX) strategy and help resolve social issues on a global scale.
SWAT is a company established in Singapore in 2015, that now employs 76 people, that provides services in eight countries (Singapore, Japan, the Philippines, Thailand, Malaysia, Vietnam, Indonesia, and Australia) using dynamic routing algorithms that instantly derive optimal routes for sporadic travel demand from multiple points. In Japan, SWAT is developing and providing logistics/distribution optimisation systems, on-demand transport operation systems, and bus route traffic analysis systems as well as taking new approaches tailored to the local market environment from the perspective of Mobility as a Service (MaaS).
The logistics industry is facing global social challenges such as driver shortages, rising fuel costs, and required cuts in CO2 emissions to combat climate change. Companies are expected to take concrete steps to address these challenges and help achieve sustainable societies. Japan in particular is likely to see a labour shortage due to stricter work regulations for truck drivers that go into effect in 2024, making improved logistics efficiency an urgent issue.
The NX Group has been pursuing digital transformation (DX) as a tool for resolving these issues and has been actively exploring the use of external resources, including co-creation with startup companies in Japan and overseas, to attain greater logistics efficiency.
By investing in SWAT, which is strong in cutting-edge mobility solutions in Singapore and other areas, the NX Group seeks to accelerate its DX and resolve global-scale social issues in the logistics industry.
SWAT's dynamic routing algorithm technology and advanced development capabilities will be utilised at NX Group locations and projects in Japan and overseas to verify the digitalisation and global standardisation of vehicle dispatch operations.
Utilising the transport performance data accumulated through verification processes, the NX Group will analyse the parameters required for vehicle dispatch operations and calculate pickup and delivery costs as well as CO2 emissions. The Group will work to develop new services by making strategic use of the data.
The NX Group will continue leveraging its domestic and international networks to co-create with promising startups.
17-04-2024
Mitsui O.S.K. Lines, Ltd. (MOL) announced that J-CARPS, a system developed by the Japan Cargo Tally Corporation (J.C.T.C) with the full cooperation of MOL, was released in April, and MOL started operation of the system within the same month.
Generally, around 6,000 to 7,000 units are loaded onto a car carrier. The loading process is as follows: J.C.T.C checks (counts) where and how many cars are loaded onboard the vessel at each port in Japan, and shipping companies uses the results to prepare a cargo loading plan for the next port.
While it was customary for the shipping companies, and J.C.T.C, which counts the number of cargo units, to input information into separate systems for each company and share information via email, MOL proposed that all parties use a unified system database to improve efficiency. This led to the development of this system.
Furthermore, this system has a ‘file attachment function’ and a ‘simple message sending function’, so that everyone involved, including shipping company, stevedore company and J.C.T.C, will be able to check the latest loading plan and performance data from this system at any time, and also use the system to communicate with each other.
In addition, shipping companies had to transcribe the diagram data of loading results received in the format of J.C.T.C's system to its own system. Use of different systems and databases by J.C.T.C and shipping companies made it difficult to determine the exact number of units that could be added. However, unifying the databases of performance data will eliminate that problem and allow more vehicles to be loaded.
This new system and consolidation of databases will contribute not only to operational efficiency in the car carrier industry, but also to an increase in loading capacity, given the current shortage of such vessels.
16-04-2024
ITS Logistics has announced the opening of its Tech Innovation Centre located in Walnut Creek, CA, in the heart of the technology-rich San Francisco bay area of the US. ITS has grown more than 300.0% in revenue since 2020 and provides a full suite of technology-driven supply chain solutions, including network transportation, drayage and intermodal, container management, omnichannel distribution and fulfilment, and network optimisation.
ITS Logistics remains focused on combining technology innovation with world-class business operations and a level of data quality that customers can fully trust.
Opening the facility is an integral part of a nine-figure investment in a modern 3PL business model. It is designed to leverage innovative and emerging technologies that will enable the Company to unlock real, tangible value for customers.
This Silicon Valley hub is core to the Company’s continued investment in growth and innovation, including physical locations and assets, proprietary cloud technologies, and industry-leading talent acquisition, and coincides with the release of the Company’s first public-facing container management and visibility platform, ContainerAI.
The Company operate entirely in the ITS Cloud, for its operations, customers, and carrier partners. It has no data centres, no legacy applications, and virtually no technology debt. That translates into a higher percentage of technology spend on innovation and far less on merely keeping the lights on. This allows the Company to simultaneously grow its tech team in Reno, scale up offshore development centre in India, and invest in the critical innovation skills best found in Silicon Valley.
The Walnut Creek Technology Innovation Centre has been modelled with scalability in mind and will collaborate closely with both Reno and India as ITS continues to accelerate its delivery of market-facing software solutions.
The Company researched several possible locations for its Tech Innovation Centre and chose the Bay Area and Walnut Creek due to its high density of AI-centred talent.
Technology remains at the epicentre of ITS Logistics’ growth story. Within the last 12 months, the Company has more than quadrupled its digital engagement with customers and carriers through its investments in people, software, and cloud infrastructure.
The foundation of ITS’ tech investments is its custom-developed cloud-based Transportation Management System (TMS), built to manage 100.0% of its brokerage shipments and enabling the Company to “go on offense” through faster delivery of future new tech products.
16-04-2024
Walmart will install a Swisslog automation solution within its Robinson, TX, US, facility to enable seamless material flow and increase uptime. Walmart is planning to break ground on the milk processing facility later this year with the facility scheduled to open in 2026.
This is the third Walmart milk processing facility to deploy Swisslog's automated storage and retrieval solution (ASRS) featuring SynQ software and Vectura cranes. The Company worked with Swisslog to open its first milk processing facility in Fort Wayne, IN, in 2018. This facility served as a blueprint for its second facility in Valdosta, GA expected to open in 2025, as well as for the just announced Texas facility.
According to Walmart, the ASRS continues the Company's commitment to building a more resilient and transparent supply chain to deliver high-quality products. It also will bolster the Company's capacity to meet consumer demand for milk. The products from the facility will serve more than 750 Walmart stores and Sam's Clubs throughout the South including Texas, Oklahoma, Louisiana and parts of Arkansas and Mississippi.
Designed by Swisslog's automation experts, the ASRS brings together five Vectura pallet stacker cranes with KUKA palletising and de-palletising robots, a ProMove pallet conveyor system, as well as a conveyor system for small loads. The automation solution operates on synchronised intelligence from Swisslog's SynQ software, which provides warehouse management, material flow and automation control system functionality in a single, modular platform.
SynQ management software not only optimises the flow of the equipment to increase efficiency and accuracy of the operation, it also orchestrates the operation of multiple sub-systems. It equips warehouse automation and IT systems with synchronised intelligence of people, processes and machines to boost the efficiency and productivity of warehouse processes and adapt to changing market requirements. SynQ provides sophisticated inventory management and material flow capabilities that enable real-time inventory tracking and management of items to ensure freshness, quality and transparency of the food supply chain.
This project also includes Swisslog's IT Managed Services, which puts in place experts to proactively manage the IT systems and software required to keep the equipment running at peak performance. The higher-level 24/7 support allows Walmart to free up internal resources from routine IT system administration, while also enabling data-driven proactive maintenance that helps reduce unplanned downtime.
16-04-2024
As part of the EU's EDICT (Enhanced Data Interoperability for Combined Transport stakeholders) project, Kombiverkehr KG along with other project partners has put into operation a new data interface between the Train Information System (TIS) of European rail infrastructure operators and the CT4.0 data hub. This method now gives all users connected to CT4.0 access to operational data of the network operators such as train movement data, operational timetables, reasons for train delays, ETA reports and train departure notifications.
The information will benefit both terminal operators and railway undertakings, for whose operations this data is essential, and CT operators and their freight customers. For the moment just data for selected routes are being sent. However, RailNetEurope (RNE) is currently developing a new technical connection to TIS. Kombiverkehr will move over to this at a later date, before it will then be able to exchange data for all its routes.
The interface developed between the two central data hubs of the rail freight industry will link two major sources of information for intermodal transport for the first time. The CT4.0 platform now enables users to swap not only order data, but operational data too.
The EDICT project is financed by the Connecting Europe Facility (CEF) and aims to improve the interoperability of data in Combined Transport (CT) in Europe. Coordinated by the CT industry association, the UIRR, and armed with a budget of €3.1 million for 24 months, the project seeks to remove barriers to interoperability for CT messages.
The consortium has been developing business-oriented solutions for the integration of terminal operators, new monitoring systems to improve the quality and punctuality of CT trains and innovative data exchange methods since September 2022. The project builds on earlier success such as Digital Train 1.0 and 2.0 and is modelled on the work of the ELETA project.
The overriding goal is to promote the exchange of data between terminals in accordance with the Technical Specification for Interoperability relating to Telematics Applications for Freight Services (TAF TSI) and in harmony with the requirements of Collaborative Decision Making (CDM) in rail transport.
15-04-2024
CJ Logistics recently completed a major upgrade to its delivery system for the first time in 10 years. The change ensures the stable delivery of services and adaptation to shifts in the industrial landscape.
CJ Logistics announced the introduction of its next-generation delivery system to all locations throughout Korea. The new system, LoIS Parcel, can handle the escalating volumes of data that accompany today’s increased demand for parcel service. CJ Logistics started the upgrade in 2021 and has completed its introduction to the field this year.
LoIS Parcel’s key features include a system to manage reservations, sorting, dispatch and settlements; a mobile app that drivers can use to manage pickup and delivery tasks; and a system that corporate customers can use to register and track their parcels.
LoIS Parcel offers remarkable reliability and is capable of processing up to 20 million parcels per day. There are now four servers, instead of one, to ensure uninterrupted service even if one server fails.
Since CJ Logistics transitioned its servers to a cloud environment, the system can better adapt to changes in delivery volume. With physical servers, volume spikes meant higher data loads and that led to performance issues. The new cloud-based system allows temporary increases or decreases in capacity, ensuring smooth operation even during peak periods like holidays.
Convenience is another advantage of the new system. LoIS Parcel for corporate customers is web based, and users only need to follow a link rather than install a separate programme. The service is easily accessible on mobile devices such as phones and tablets, and two-step authentication keeps personal information secure. At the same time, LoIS Parcel is significantly faster than the system it replaced.
CJ Logistics plans to harness data analytics to elevate the quality of its delivery services. The upgraded system integrates a real-time monitoring and data analysis platform that prevents delays, improves customer satisfaction, and optimizes the deployment of resources.
15-04-2024
Geekplus has launched an advanced automated warehouse with Toll Group, its first collaboration with the Company. The warehouse, which spans an area equivalent to four football fields, can store up to 300,000 inventory items.
At Toll Group's newest site at Baeksa, more than 60 robots seamlessly streamline the sortation operations, resulting in a 70.0% increase in productivity and sorting efficiency in support of eCommerce, retail and omnichannel fulfilment for their retail customers. This remarkable improvement has led to substantial cost savings associated with time and labour, enabling Toll Group to provide faster eCommerce order delivery, as well as real-time tracking and traceability for enhanced customer satisfaction.
The investment is part of Toll’s broader strategy to grow in key Asian markets by providing customers with the very latest in warehouse automation technology. As its business grows, Geekplus' sorting system has enabled Toll to manage increasing volumes quickly and efficiently.
15-04-2024
CJ Logistics is to begin a pilot project with autonomous driving startup Mars Auto to utilise autonomous driving trucks as parcel vehicles. The project will see an 11-ton autonomous truck loaded with actual parcels travel on a 135-mile (218km) truck route from CJ Logistics’ Incheon Centre to the Okcheon Hub Terminal six times a week. The pilot project, running for roughly a year, aims to improve the efficacy of autonomous driving before its future full implementation.
Generally, large trucks of 11 tons or more face unique challenges in autonomous driving due to their size and weight, resulting in longer braking distances that demand fast judgment and accurate prediction. At the same time, however, truck vehicles have the advantage of operating the same route every day, and of highways accounting for most of the journey.
Approximately 93.0% of the driving distance of the Incheon-Okcheon truck route is on highways. CJ Logistics’ autonomous driving truck will operate manually in urban areas and switch to autonomous driving on the highway. With the driver on board in case of emergencies, it will be possible to switch to manual driving if necessary.
CJ Logistics has carried out phase-by-phase autonomous driving performance verification over several years, conducting four trials of the 37-miles (60km) journey from the Danwon Sub-Terminal to the Gonjiam Hub Terminal in 2022, and six trials of the 135-miles (258km) drive from the Gunpo Sub-Terminal to the Daejeon Hub Terminal in 2023 with real cargo and exposed to various conditions including day/night, rain and tunnels. The trials also integrated multiple emergency preparedness tests.
CJ Logistics anticipates that autonomous driving will reduce the workload of truck drivers and enhance safety. The job of driving freight trucks, especially over long distances on highways at night, can be highly fatiguing for drivers. With highway driving constituting around 97.0% of middle-mile transport, the Company expects the full integration of autonomous truck driving to address these challenges highly effectively.
The revision of Korea’s Autonomous Vehicle Act at the end of February established the regulatory framework for certifying the performance and safety of self-driving vehicles, paving the way for commercialisation.
To further advance its autonomous driving system, CJ Logistics has initiated a pilot project with Mars Auto. Building upon this collaboration, the Company aims to gradually expand autonomous driving routes and vehicle applications. Beyond driving, there are plans to expedite the development of other logistics automation technologies, such as unmanned shuttles in ports and autonomous docking at terminal docks.
17-04-2024
Menzies Distribution Group company, Menzies Distribution Solutions (MDS), a leading tanker logistics provider is embarking on an innovative trial to test the viability of Hydrotreated Vegetable Oil (HVO) for environmentally conscious tanker transportation.
Menzies is making substantial progress in adopting sustainable practices within its tanker logistics operations by conducting a trial of HVO, a sustainable fuel alternative, across its tanker fleet. This move not only reinforces the Group’s dedication to sustainable and responsible logistics practices, but also as a leader in this space off the back of recent announcements on Menzies’ participation in the Scottish Government decarbonisation pathway development and the UK Government zero emission HGV infrastructure demonstrator programme.
HVO, recognised for its reduced carbon footprint compared to diesel, boasts a potential CO2 emissions reduction of approximately 90.0%, as claimed by its manufacturers. It can function as the primary fuel source for vehicles or be seamlessly integrated with diesel, presenting an opportunity for enhanced CO2 emissions without necessitating modifications to existing engines or additional vehicle maintenance.
The success of the HVO trial could signify a pivotal breakthrough in carbon emissions reduction, prompting consideration of a wider spread implementation of HVO across other fleet operations as part of the business’s 2035 net zero ambition.
This HVO trial, building on the successful introduction of HVO with Ball Packaging in November 2023, forms a key element in Menzies’ commitment to accelerating the decarbonisation of transport activities.
16-04-2024
Hapag-Lloyd and Seaspan Corporation have entered into a partnership agreement to retrofit and convert five 10,100 TEU container ships powered by conventional MAN S90 engines to dual-fuel engines capable of operating on methanol. Following the engine retrofit, the vessels will continue to be on long-term charter from Seaspan to Hapag-Lloyd.
The methanol retrofit project is a further step in an ambitious sustainability agenda, which aims to achieve the decarbonisation of the entire fleet by 2045. By enabling these vessels to use green methanol as of 2026, Hapag-Lloyd will meet customers’ growing demand for green transportation solutions.
To achieve its strategic decarbonisation goal, Hapag-Lloyd’s investments are not only focused on newbuildings or retrofits (dual-fuel propulsion) and the optimisation of the efficiency of the existing fleet (Fleet Upgrade Programme), but also on covering the exploration and sourcing of green fuels. Green methanol is thereby emerging as one of the low emission fuels of the future.
The retrofit is expected to take approximately 80-90 days per vessel starting in the first quarter of 2026. The total investment is estimated at around US$120.0 million for the five units.
19-04-2024
Karen Dyrskjøt Boesen has been appointed new CFO for the DFDS Group starting on 01 July 2024. She replaces Karina Deacon as CFO following her resignation in November 2023. Karen Dyrskjøt Boesen brings a strong and versatile set of financial and business skills to the Company’s executive management. Her extensive experience from various energy companies will also greatly benefit and support its green transition.
Karen will join Torben Carlsen in the Group’s Executive Board as well as the Executive Management Team.
Karen’s mix of financial, business, and leadership skills will be a great asset for the Company as it focusses on fulfilling its strategic ambitions to unlock value and transition to be a green company.
Karen Dyrskjøt Boesen has a strong background from both Danish and international companies with executive roles spanning the commercial and business development side to strategy, finance, and performance related roles.
Karen comes from a position as Group CFO at Sonnedix that is a leading international renewable solar and wind energy producer.
In Karen’s new role as Group CFO at DFDS, a key focus area will be to drive financial performance, including process standardisation, and contribute to meeting the financial ambitions set for 2026. DFDS’ green transition will also be a high priority matching Karen’s extensive experience from energy companies.
18-04-2024
DB Schenker has announced the appointment of Aaron Scott to the role of CEO for its UK & Ireland cluster. He succeeds Ray Hennessy who has held the position the last eight years and is moving on to a well-deserved retirement.
Scott joined the Company in 2021 and currently, additionally holds the position of Executive Vice President Contract Logistics for Region Europe. He brings a wealth of experience to the UK & Ireland CEO role having spent more than 28 years in International Logistics and 3PL supply chain operations.
Additionally, he has spent time living and working in the Netherlands, the US and Germany and has a strong track record of accomplishment in leading and directing operational and cross-functional teams to deliver commercial value and service excellence alongside new business growth.
Aaron is committed to ensuring a seamless transition and continuing the strong culture of passion, energy, and the customer-centric focus that exists across the cluster.
The Company has been working hard to modernise practices and ensure the business is fit for the future, to fully support current and future customer needs. Company culture is pivotal in achieving this objective. At the heart of values at DB Schenker lies a steadfast commitment to pushing limits and an unwavering dedication to elevating customer experiences so that it sets new standards of excellence within the industry.
Scott reports to Helmut Schweighofer, CEO of Region Europe.
16-04-2024
XPO has held its fourth annual Female Drivers Forum at the Company’s national distribution centre in Crick, Northamptonshire, UK. As in previous years, all XPO Logistics female drivers are invited to attend the Forum, which is designed to provide a safe space for drivers to bring any matters of concern to the attention of XPO´s senior management.
It is also a valuable networking opportunity for female drivers. Every year, the XPO Female Drivers Forum has a core theme and agenda, with this year’s focus on the creation and implementation of a ‘Driver Wellbeing Plan’.
Previous XPO Female Driver Forums have led to substantial changes in the Company. For example, there is now a higher number of female driver trainers, which was identified as an area that could help XPO Logistics attract and retain more female drivers. The Company also now provides a newly designed female driver´s uniform that helps make work more comfortable.
Attendance at the Forum increased yearly, and this year is no different. The full agenda includes interactive sessions, open conversations on operational matters, and overall health and wellbeing discussions.
16-04-2024
DP World has named Manuel Martinez CEO of DP World Dominicana. Martinez’s appointment marks another milestone in DP World’s growth strategy for the country, which aims to position the Dominican Republic as a leading player in global trade and logistics.
Martinez’s appointment comes during a time of significant growth and portfolio expansion across the America’s region and DP World’s businesses globally. Last month, DP World announced the opening of its 100th freight forwarding office as the Company expands the range of supply-chain solutions offered to its global customer base. In 2023, DP World announced the launch of its new advanced air cargo logistics hub in Punta Cana. With air, land, and sea capabilities, the multimodal hub is positioned as the primary trade and logistics centre in the Caribbean.
Martinez, who has more than 20 years of experience in global logistics and port management, joined DP World in 2010. He most recently served as General Manager of Terminales Portuarias Euroandinos (TPE) in Paita, Peru, where he was responsible for leading operational and commercial strategy.
Prior to that, he served as Director of Operations for DP World Buenos Aires, where he oversaw operations, security, and the expansion of services in the cargo container and cruise terminals at Terminales Rio De La Plata (TRP).
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