Shipping Industry News

Posten Norge generated NOK 23 894 million in revenue in 2018, the company has announced. Adjusted operating profit amounted to NOK 531 million, representing a decrease of NOK 172 million from 2017. The decrease in revenue (-3.2 %) was mainly due to the selling of...

Kerry Logistics Network Limited has announced a joint venture with E-Services Group, an international e-commerce company in Asia, to strengthen global e-commerce fulfilment capabilities, particularly in the Greater China region. The joint venture, Kerry ESG Company...

Australia Post has published its financial performance for the six months to 31 December 2018. The company’s profit before tax was $154 million, down 36 % year-on-year. Underlying profit before tax was $124 million, down38 %. Group revenue was flat at $3.6 billion....

CJ Darcl Logistics, a leading logistics company in India has partnered with Amore Pacific Corporation, a key beauty and cosmetics company in South Korea, and has launched a new facility to provide warehousing and distribution services. CJ Darcl’s facility, located in...

A new digital delivery service being trialled by Ford in partnership with Gnewt by Menzies Distribution will efficiently coordinate multiple modes of transport including pedestrian and – one day – bicycle couriers. Ford’s new cloud-based software identifies optimum...

Deutsche Post DHL Group has concluded a landmark deal to transfer its supply chain operations in Mainland China, Hong Kong and Macau, with SF Holding a leading logistics service provider in the country. The transaction involves the supply chain business, and has no...

DHL Express is reportedly targeting a roll-out of delivery barges on the Thames this year, as part of its “go green” strategy, says The Loadstar. Chief executive John Pearson confirmed to The Loadstar the company’s UK division was working on a scheme similar to that...

FedEx Logistics is moving its global headquarters to the former Gibson Guitar factory building in downtown Memphis, consolidating multiple locations and nearly 700 team members into the new location over the next several years. “This is a moment of dynamic growth and...

Raj Subramaniam has been appointed president and chief operating officer, FedEx Corp. effective from March 1. This appointment follows David J. Bronczek’s decision to retire as president and chief operating officer and from the Board. Frederick W. Smith, chairman and...

Japan Post Holdings has reported results for the nine-month period ended December 31, 2018. Turnover in that period fell 1.6% year-on-year to ¥9,582.9 billion. This was partly due to the Japan Post Insurance subsidiary, where turnover decreased by 1.4% to ¥214...

Alibaba’s logistics arm Cainiao Network has reportedly signed a letter of intent to strengthen collaboration with Russian Post to help raise efficiency for cross-border trade in a bid to bolster Chinese exports according to Shanghai Daily, the largest English-language...

Southwest based export firm, Mail Handling International has appointed a new Business Development Manager, Kelly Wright, with a specific focus on the Northwest and Midlands as key areas to engage with new e-commerce clients and help boost their cross-border trade by...