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Alibaba and Suning Commerce enter into strategic alliance
12/Aug/2015

Alibaba and Suning Commerce Group Limited announced that Alibaba will invest approximately RMB28.3bn ($4.63bn) for a 19.99% stake in Suning.... read more.

APM Terminals acquires Italian refrigerated container terminal facility
12/Aug/2015

APM Terminals and GF Group announced the completion of the acquisition of 100% of Reefer Terminal S.p.A. Terms and price were not disclosed.... read more.

Hanjin Shipping report mixed Q2 results
12/Aug/2015

Hanjin Shipping has announced its Q2 results, recording a fall in revenue alongside a considerable improvement in operating profit.... read more.

Grupo Logista reports steady 9-month results
12/Aug/2015

Grupo Logista has announced its financial results for the first nine months, reporting a modest increase in revenue as EBIT improves by 17.5%.... read more.

US same-day delivery company Deliv adds additional nine markets
11/Aug/2015

Deliv, a crowdsourced, last mile logistics provider, announced a service expansion from nine existing US cities to an additional eight, bringing its same day delivery capability to 17 markets.... read more.

Amazon to open first fulfilment centre in Illinois
11/Aug/2015

Amazon announced plans to open a 500,000 sq ft fulfilment centre in Illinois, the first fulfilment centre in the state for the company.... read more.

CIMC and Globe Tracker push commercial roll out of smart technology for the Silk Road
11/Aug/2015

CIMC Internet of Mobile Things International Operation and Service and Globe Tracker International ApS announced a commercial roll out of Smart Containers, Smart Logistics and Smart Terminal products for China’s Silk Road.... read more.

CEVA reports a marginal improvement in Q2 results
10/Aug/2015

CEVA has reported a marginal improvement in its financial results for Q2, although results were clouded by currency fluctuations and adjustments.... read more.

Logicor leases two UK distribution warehouses to Amazon
07/Aug/2015

Logicor announced that it has agreed to lease two UK distribution warehouses totalling 562,000 sq ft to Amazon.... read more.

XPO Logistics doubles Q2 revenue but profitability remains low
06/Aug/2015

XPO Logistics has announced its financial results for Q2 2015, it reported a 109.3% rise in revenue as a result of its acquisitions but overall profits were poor.... read more.

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The Future of Logistics, Singapore 2015


 

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