Logistics
SG to develop second aviation logistics park to boost cargo capabilities
SG to develop second aviation logistics park to boost cargo capabilities
Cargo handling capacity will increase from 3 million to 5.4 million tonnes annually.
Chasen expects loss in FY24 amidst development of logistics centre
Its corporate office is being redeveloped as a distribution centre.
GEODIS opens new container freight station in Singapore
The latest facility is part of a network that links major entry points in Southeast Asia and China.
Fr8Labs takes the lead in digitalising freight forwarding systems in Asia
Tech-driven Fr8Labs secures $1.9M (US1.5m) to streamline freight forwarding through digital solutions.
CCCS files PID against several warehouse operators
The issuance was the result of an investigation that occurred last August 2018.
Mapletree Logistics Trust boosts South Korea presence with $100.3m acquisition
The company's e-commerce revenue exposure in South Korea is expected to increase to 36%.
Holistic changes needed for the logistics industry to thrive
Over the past few years, e-commerce’s popularity has soared tremendously, as restrictions on mobility drove more and more people to shop online.
Mapletree Logistics Trust to acquire two land parcels in Malaysia for $21m
The property is located in Subang Jaya, a logistics hub.
ST Engineering forms consortium to use unmanned aircraft for deliveries
Included in the consortium are Sumitomo Corporation and Skyports.
Amazon Singapore launches new shipping solutions for sellers
The program will be available in Singapore in February 2022.
CLCT enters into China logistics with acquisitions worth $350.7m
Four prime logistics properties are expected to be acquired.
Ninja Van bags $783m in Series E funding backed by Alibaba
The funds will be invested in SEA micro-supply chain solutions, amongst others.
Transport and logistics industry to see varying recovery levels
Its nature is dependent on other industries, as well as global economic activities.
Alibaba’s Cainiao to partner with Fairprice Group
The move is the first of a two-phase rollout to strengthen logistics services in Singapore.
CEREIT secures foray into UK Logistics
Cromwell European REIT takes the first step towards establishing a foothold in the logistics industry.
Mapletree Logistics Trust net property income climbs 21.3%
Its portfolio occupancy improved to 97.8% as of end-June.
CapitaLand launches second logistics private fund in India worth S$400m
This follows CapitaLand’s S$400m Ascendas India Logistics Programme it launched in 2018.
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