Logistics

Mapletree acquires logistics facility in the Netherlands for 32.3 million euros

Since entering the European logistics market in 2018, the group has amassed 82 logistics assets across eight countries

“Delivery failure” codes were falsely used to avoid financial penalties for under-performance from the client.

SingPost’s 2024 fraud incident allegedly involved e-commerce shipments bound for Canada

Fraudulent practice could have begun some time in 2023 and affected hundreds of parcels

The new facility at 8 Jalan Besut (above) is one of the tallest automated cold-chain food logistics facilities in the world.

Commonwealth Kokubu Logistics taps Japan’s Mitsui OSK for regional cold-chain expansion

A cold-chain food logistics facility with 500,000 sq ft of space in Jurong is a key part of CKL’s growth plan

ESR generated about 27% of its revenue from Greater China in 2024.

Warburg-backed ESR weighs sale of some China assets: sources

The logistics and industrial property investor plans to appoint advisers to help it review options for the sale

RHB raises its target price for Marco Polo Marine from S$0.122 to S$0.14, maintaining its “buy” call.
HOT STOCK

Marco Polo Marine closes 16.7% higher on profit jump, bright outlook; over 100 million shares change hands

For its second half, profit jumps 348% to S$47.9 million, from S$10.7 million previously

Report describes the Tuas Port as being “central to Singapore’s strategy”. It noted that the highly automated facility will handle over 65 million TEUs a year by the 2040s.

Singapore crowned world’s No 1 container port: report

This is driven by the country’s world-class infrastructure and transparent governance

Investing in sustainable practices can have benefits on people and the planet, says Commonwealth Kokubu Logistics managing director Daniel Tan.
ENTERPRISE 50 AWARDS

Commonwealth Kokubu Logistics taps technology to green its cold-chain logistics business 

It sees sustainable practices as investments that lower long-run operating costs and yield environmental benefits, even if they come at a premium

Macquarie Asset Management, a unit of Macquarie Group, oversees almost A$960 billion of assets across public and private markets.

Macquarie Asset Management offers US$7.5 billion for logistics firm Qube

The Australian logistics and shipping-containers’ operations span container leasing, car and grain cargo terminals, and road and rail transport services

Vice-president of Nippon Express (Singapore) Andy Tan at the opening of the company’s expanded logistics facility in Tuas on Friday (Nov 21).

Japanese logistics firm Nippon Express expands footprint in Singapore

Move enables it to meet increasing demand for logistics services amid development of the Johor-Singapore Special Economic Zone

Thailand is emerging as a key beneficiary of shifting global supply chains, bolstered by its strategic location, strong infrastructure investment, and growing domestic consumption, noted EZA Hill. 

Hillhouse’s EZA Hill buys DHL logistics facility for US$40 million in first Thailand acquisition

Deal comes on the heels of purchases in Singapore and Indonesia, with firm reportedly eyeing a Reit