Economic Logistics

Shanghai Zhuqiao Airport Industrial Zone, neighboring the Pudong International Airport and specilized in export processing, storage and logistics, has achieved great progress since its open less than four years ago.
The zone is planning to develop its infrastructure, enhance the restructuring of its industries and attract more investment.
“The park was established to help spur on the […]

BRUSSELS, Belgium: EU regulators on Thursday cleared German mail and package delivery firm Deutsche Post to buy British-based Exel PLC for euro5.5 billion ($6.48 billion), making it the world’s largest global delivery firm.
The European Commission said the takeover would see Deutsche Post significantly increase its market share for air freight forwarding in Finland, Hungary […]

Hyundai Group is strengthening management control of Hyundai Asan and other subsidiaries through cross-shareholdings among units.
Among units of the group led by Chairwoman Hyun Jung-eun are Hyundai Elevator, Hyundai Asan, Hyundai Merchant Marine, Hyundai Securities, Hyundai Logistics, and Hyundai Research Institute.
Hyundai Logistics Friday said it bought a 13.77 percent stake in Hyundai Asan from Hyundai […]

The Ministry of Defence still faces big overspends, despite starting to bring procurement programmes under control, the National Audit Office has revealed.
It said it was unclear whether a fall in cost overruns last year marked the start of a sustained improvement in the MoD’s project management.
Defence procurement minister Lord Drayson said “progress” had been made.
Earlier […]

By Thabile Masuku, observer.org.sz
GOVERNMENT this year spent E21 million on the procurement of Anti-Retroviral drugs.
Ministry of Health and Social Welfare Under Secretary Sikelela Dlamini, speaking yesterday on behalf of Principal Secretary Nomathemba Dlamini during a consultative meeting for the HIV, AIDS Prevention and Care (HAPAC) programme, said government had repeatedly shown commitment in the fight […]

Nashville, TN. Ozburn-Hessey Logistics and The Scotts Company LLC, a subsidiary of The ScottsMiracle-Gro Company, announced a partnership in which OH Logistics will provide warehousing and transportation scheduling for The Scotts Company and operate a 600,000 square foot building in Fontana, CA. The addition of this space brings OH Logistics total square footage in the […]

Maritime Affairs-Fisheries Minister Oh Keo-don visited China on Oct. 26-27 to seek tripartite cooperation among Korea, China and Japan in the international logistics field.
Meeting with Li Changjiang, chief of the general administration of quality supervision, inspection and quarantine of China, Oh suggested that each country designate an organization and experts and connect a hotline among […]

CHICAGO–(BUSINESS WIRE)–Oct. 27, 2005–DSC Logistics, a leading supply chain management company with a nationwide network announced that it has been selected by Wal-Mart Stores, Inc. to provide consolidation logistics services for its Remix program.
Wal-Mart’s Remix program is designed to improve store efficiency, and as a result suppliers will receive smaller, more frequent orders. For many […]

THE government yesterday issued a warning to members of the diplomatic corps against issuing public statements on matters concerning Kenya’s internal affairs without consultations.
Government spokesperson Alfred Mutua said it had become a habit for diplomats to summon the media whenever they had issues with the government which amounted to interference and led to misinterpretation of […]

Years after acceding into the World Trade Organization, Taiwan is still barring foreign bidders from accessing government procurement projects, the European Chamber of Commerce in Taipei said yesterday.
“There is still a trend to prohibit international companies from bidding in government projects like the CKS (International Airport Access MRT system),” a visibly frustrated Geoffrey Spencer, co-chair […]