DB Schenker opens new warehouse in South Korea
INCHEON : DB Schenker Korea has announced the launch of a new 40,000 m² global distribution and logistics centre, KLC2, in Incheon Free trade zone. DB Schenker said the newly opened KLC 2 warehouse
Maersk announces new warehouse for electric car batteries near Hanover
HAMBURG : Maersk, together with the German project developer bauwo, is building a 20,000 square meter logistics center near Hanover for the storage and handling of electric car batteries and components to produce the
A.P. Moller – Maersk inaugurates its first warehouse & distribution facility in Cape Town, South Africa
CAPETOWN : A. P. Moller – Maersk (Maersk), a global integrator of logistics, today inaugurated its first warehousing & distribution (W&D) facility in Cape Town, South Africa. Present at the inauguration were Ryan Best,
DHL Global expands its CFS space in Bangladesh
DHAKA : Amid severe warehouse scarcity in Bangladesh, DHL Global Forwarding, the freight specialist arm of Deutsche Post DHL Group, has invested over US$2.2 million to expand its dedicated Container Freight Station (CFS) space
Bolloré Logistics opens K-HUB in South Korea
SEOUL : On 14th April 2023, Bolloré Logistics celebrated the official opening of K-HUB, its newest warehouse and distribution center in South Korea. Situated in Geomdan, the entire site is strategically placed due to
There is a need to bring down logistics cost to 9% of the GDP : Report
NEW DELHI : India’s revolutionary digital infrastructure is primarily driving transformation in the logistics sector, enabling seamless operations and greater operational efficiency. Experts feel that the country’s improved ranking in logistics performance is a
Industrial and warehousing demand rises 11% YoY in Q1
NEW DELHI : Leasing of industrial and warehousing space rose 11 percent year-on-year (YoY) to 7.2 million square feet (msf) during the January-March period across five major cities, driven by higher demand from third-party
KSH Distriparks invests in 40 new trailers to bolster its fleet strength
PUNE : KSH Distriparks, the most sought-after logistics service provider for best-in-class container logistics solutions in Pune for seamless transportation network, buffer yard solution, ocean imports, bonded warehouse facilities, and DPD transportation services has