Logistics

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.

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.