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NewsTVS SCS distributes parts for Daimler Truck from Singapore PDC
Daimler Truck has signed a five-year contract with TVS Supply Chain Solutions (SCS) to manage service parts logistics centre in Singapore
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NewsHyundai signs up PSA Cargo Solutions for EV logistics in Singapore
PSA Cargo Solutions is going to be supplying lead logistics services for Hyundai Motor in Singapore under a new contract signed this month.
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NewsAditi Rasquinha heads ocean freight for Apac at DB Schenker
DB Schenker has appointed Aditi Rasquinha as its new head of ocean freight for the Asia Pacific (Apac) region. She replaces Christoph Matthes who has moved to a new role as CEO of the south-east Asia region for Agility.
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NewsVW Group reports success of Asia-Pacific PDC in Malaysia
Volkswagen Group’s 50,000 sq.m regional parts distribution centre (PDC) in the Malaysian port of Tanjung Pelepas is processing aftersales parts for 21 markets in the wider Asia-Pacific region.
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NewsHyundai to build R&D centre and factory in Singapore
In a virtual groundbreaking ceremony, Hyundai has announced it is building the Hyundai Motor Group Innovation Center in Singapore (HMGICS) which will serve as a new R&D centre and small-scale production facility with an output of up to 30,000 vehicles per year and help to forge a new supply chain in the city state.
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NewsDyson pulls plug on EVs
British technology company Dyson has cancelled its plans to build electric cars, citing problems making its design viable in the market. “Despite developing a fantastic car… [and] though we have tried very hard throughout the development process, we simply cannot make it commercially viable,” chairman James Dyson ...
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NewsFire on K-Line car carrier forces crew to abandon ship
The K-Line car carrier Diamond Highway has been abandoned by crew in the South China Sea following a fire that broke out aboard the vessel on the June 15, according to the Philippine Coast Guard…
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FeatureDyson appoints Charker as head of automotive logistics
Simon Charker has moved to a new role at Dyson as head of logistics, automotive. He was previously senior manager, EV supply chain landscape and has been with the company for three years.
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FeatureFive new faces to boost freight forwarding at Gefco
Automotive transport and logistics provider Gefco has nominated five new managers in its global freight forwarding business with the goal of expanding the division to serve a growing portfolio of industrial customers with diverse requirements. Heading the appointees is Valentin Elistratov (pictured) as global commercial director. He joins the company ...
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FeatureSupply chain a factor in Dyson’s Singapore plant
Electrical goods manufacturer Dyson has selected Singapore as the location for its first electric vehicle (EV) production plant.Jim Rowan (pictured), the CEO of the British company – which is best known for its home appliances – was quoted in media reports suggesting that the decision to make the car there ...
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FeatureA hard look at software risks
Few people realise how much software runs today’s cars, observes Les Hatton, emeritus professor of forensic software engineering at Kingston University, UK. “We sit at home and can’t work out why the printer isn’t working, and then we’ll get in a car where there’s probably more software underneath,” he says. ...
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FeatureKuehne + Nagel joins Temasek to invest in technology start-ups
Global logistics services provider Kuehne + Nagel (KN) has signed an agreement with Singapore’s state-owned investment company, Temasek, to establish a joint venture to invest worldwide in start-ups developing cutting-edge technology for logistics and supply chains.The partnership “will be able to accelerate the transformation of the logistics industry,” said Joerg ...
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FeatureChinese consortium bids $11.6 billion for Global Logistic Properties
Singapore’s Global Logistic Properties (GLP) has received a S$16 billion ($11.6 billion) takeover offer from a consortium of Chinese investors, in what would be the biggest private equity buyout of an Asian company by enterprise value.GLP, which owns and operates a global portfolio of 55m sq.m of space, announced a ...
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FeatureScania and Toyota start Singapore truck platooning trial
VW subsidiary Scania and Toyota are to conduct the first full-scale autonomous truck platooning operations in Singapore, in what has been described as the largest pilot project of its kind.The three-year pilot, work on which begins this month, will involve three autonomous trucks following a lead manned truck on public ...
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FeatureVillalon takes on acting president role at APL Logistics following Simon's departure
William Villalon (left), who was senior vice president at APL Logistics, the global cargo transport and logistics provider, has taken on additional responsibilities as acting president at the company.The appointment follows the departure of Beat Simon who a spokesperson for the company said is leaving “to pursue new career objectives”. ...
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FeatureSingapore’s GIC to buy P3 Logistic Parks for €2.4 billion
Singapore’s sovereign wealth fund, GIC, has agreed to buy P3 Logistics Parks from TPG Real Estate and Ivanhoé Cambridge for €2.4 billion ($2.6 billion).The two companies acquired European-focused company in 2013 and acquisitions since then have helped it double the size of its portfolio.Lee Kok Sun, chief investment officer at ...
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FeatureCourier NetWork expands presence with offices in Mexico and Asia
US-based expeditor Courier NetWork (CNW) has opened new offices in Mexico, China and Singapore.The company said its new branch in Guadalajara would support the automotive and electronics market in Mexico, adding that it was a well-established provider of services to the automotive industry there.“The vast majority of shipments have been ...