pcm_admin

K&S sells WA-based freight business to Centurion

K&S Corporation Limited has announced that it has reached an agreement with Centurion for the sale of the business and certain assets of its Western Australia-based Regal General Freight business.
An unconditional agreement has been executed by Centurion and K&S Corporation subsidiaries Regal Transport Group Pty Ltd (Regal) and K&S Freighters Pty Ltd (KSF) to give effect to the Transaction.
After considering various options in relation to Regal General Freight, the Board of K&S Corporation elected to undertake this transaction to realise improved shareholder returns and provide ongoing certainty to the Regal General Freight employees and customers.
The, according to K&S, will allow the business to focus on its core competencies, including its Regal Heavy Haulage business which will continue to be operated and invested in by K&S Corporation.
K&S Corporation will redeploy (or sell) assets that are not currently generating an adequate rate of return in the Regal General Freight business and the Transaction will also release working capital of approximately $7 million.
Description of Transaction Under the Transaction, Regal will transfer to Centurion its rights and entitlements under customer contracts and Centurion will make offers of employment to the majority of the employees of KSF working in the Regal General Freight business.
The parties are targeting 30 August 2019 for completion of the Transaction. The agreement is not subject to any conditions. K&S Corporation’s 30 June 2019 financial statements are expected to include an after-tax charge of $5.1 million in relation to accounting adjustments, including impairment charges, as a result of the transaction.

THE ICONIC to trial delivery by drone

THE ICONIC, the online fashion retailer, has signed up as a merchant partner for Google’s Project Wing in Canberra.

Project Wing, which is funded by Google-owned Alphabet, has been trialling drone delivery of items such as hot coffee, fresh bread, and other groceries to customers in North Canberra.

THE ICONIC will be the first fashion business to join Wing as a merchant partner.

“We are beyond excited to offer drone delivery to our Canberra-based customers. THE ICONIC is renown for its world-class delivery offering — were the first major Australian retailer to pioneer three hour delivery, we piloted one-hour delivery at Fashion Week in 2018, and now we’ll be the first to deliver Aussies their favourite brands in as little as ten minutes,” Anna Lee, Chief Operating Officer for THE ICONIC said.

eStore Logistics commits to two new sites in Melbourne

eStore Logistics has signed up for two major concurrent industrial properties in Melbourne, totalling 35,000-square-metres.
The largest of eStore’s two commitments is a long-term lease on a new purpose-built 26,000-square-metre facility with Dexus at 8 Felstead Drive, Truganina.
The facility is located within Dexus’s industrial estate, Foundation at Truganina, which recently secured Secon Freight Logistics, Dunlop Flooring and Coles as customers.
The property will feature purpose-designed column grids to maximise storage capacity,
drive-around access, a large super-canopy, a number of environmentally sustainable design (ESD) initiatives and eStore’s new national head office.
“Australian eCommerce and omni-channel retail continues to grow at a rapid rate. We are experiencing this with our existing clients and we’re keen to make our warehousing and fulfilment services available to as many Australian businesses as possible. In doing so we are expanding the business by taking long term leases on these two additional fulfilment centres and implementing new fulfilment technology,” Leigh Williams, Founder and Managing Director of eStore Leigh Williams said.
“Both of these fulfilment centres are strategically located in Melbourne and will feature
leading eCommerce fulfilment technology and automation that provide fast same-day
fulfilment and flexible solutions to our clients,” Leigh added.
Dexus has appointed construction firm Qanstruct to deliver the distribution centre
and head office for eStore Logistics, which is expected to be complete in mid-2020.
Director of Property at TM Insight Nathan Bingham, who has represented eStore since 2012, says, “Since I started working with eStore, they have secured over 100,000-square-metres of space around Australia. This speaks to the growth of ecommerce in Australia, but also eStore’s leading service in online fulfilment.”
eStore has also concurrently committed to a five-year lease for a 8,383-square-metre
development with Goodman within its West Industry Park estate in Truganina. eStore will
commence operations immediately from the facility located at 16 Vulcan Drive, Truganina.

Australia Post reveals three-year sustainability commitments

Australia Post has announced a new three-year plan with 19 commitments that will create economic, social and environmental value for the Australian community, the company says.
As a sign of its action on those commitments, it has also announced that it will be launching a new range of recycled and recyclable plastic satchels, as it moves away from using virgin plastic and gives used plastic another life.
The first recycled plastic satchel will be launched with major customer Country Road this year in time for Christmas, with a transition across the business in early 2020.
Group Chief Executive Officer & Managing Director Christine Holgate said Australia Post was building on its long, proud history of responsible citizenship.
“One of the things about sustainability and doing things like recycled packaging is for the people that work in your business. They want to work for organisations where they’ve got strong values,” she said.
Coming into effect last month, the new Plan is underpinned by the United Nations’ Sustainable Development Goals (SDGs) – the world’s sustainability agenda for 2030.
Australia Post has charted its path with a suite of “2030 aspirations”, aligned to the SDGs it impacts the most, including achieving world-class safety metrics, gender equality across the business, and becoming a low-carbon logistics provider.
The Plan outlines Australia Post’s intent to put sustainability front and centre of all it does while also meeting increased customer demand for sustainable products, services and solutions.
“All of our big delivery facilities now use solar generation for electricity – we’re one of the biggest property owner and tenants – so it’s not about spending more, but spending wisely,” Ms Holgate said.
The commitments are grouped within three themes:

  • Everyone is included – creating vibrant, inclusive communities; and providing safe, fair and fulfilling work for our extended workforce
  • Everyone prospers – by delivering responsibly and profitably; and providing great customer experiences
  • Everyone thrives – by reducing our environmental impacts and facilitating a circular economy.

“The people of Australia expect us to do more – there’s a bigger expectation on an organisation that provides a community service to be leading in this type of work,” Christine said.

eStore Logistics commits to two new sites in Melbourne

eStore Logistics has signed up for two major concurrent industrial properties in Melbourne, totalling 35,000-square-metres.
The largest of eStore’s two commitments is a long-term lease on a new purpose-built 26,000-square-metre facility with Dexus at 8 Felstead Drive, Truganina.
The facility is located within Dexus’s industrial estate, Foundation at Truganina, which recently secured Secon Freight Logistics, Dunlop Flooring and Coles as customers.
The property will feature purpose-designed column grids to maximise storage capacity,
drive-around access, a large super-canopy, a number of environmentally sustainable design (ESD) initiatives and eStore’s new national head office.
“Australian eCommerce and omni-channel retail continues to grow at a rapid rate. We are experiencing this with our existing clients and we’re keen to make our warehousing and fulfilment services available to as many Australian businesses as possible. In doing so we are expanding the business by taking long term leases on these two additional fulfilment centres and implementing new fulfilment technology,” Leigh Williams, Founder and Managing Director of eStore Leigh Williams said.
“Both of these fulfilment centres are strategically located in Melbourne and will feature
leading eCommerce fulfilment technology and automation that provide fast same-day
fulfilment and flexible solutions to our clients,” Leigh added.
Dexus has appointed construction firm Qanstruct to deliver the distribution centre
and head office for eStore Logistics, which is expected to be complete in mid-2020.
Director of Property at TM Insight Nathan Bingham, who has represented eStore since 2012, says, “Since I started working with eStore, they have secured over 100,000-square-metres of space around Australia. This speaks to the growth of ecommerce in Australia, but also eStore’s leading service in online fulfilment.”
eStore has also concurrently committed to a five-year lease for a 8,383-square-metre
development with Goodman within its West Industry Park estate in Truganina. eStore will
commence operations immediately from the facility located at 16 Vulcan Drive, Truganina.

Qube announces leadership change and full year results

Qube Holdings has announced its latest financial results, reporting strong market positions and diversification strategy, as well as a leadership change.
Underlying Net Proft after Tax (NPAT) for the reported period was $123.2 million (+15.4 per cent year-on-year); statutory NPAT attributable to Qube was $196.6 milion ($212.6 million pre-amortisation; and underlying revenue growth was $1.73 billion (+4.7 per cent).
Other highlights for the year ended 30 June 2019, according to Qube, include: sound progress with planning, construction and leasing activities at Qube’s Moorebank Logistics Park (MLP); Patrick delivered a solid increase in earnings supported by market growth, increased market share and productivity improvements; acquisitions and growth capex completed or announced during the period provided further diversification and support future earnings growth; and statutory earnings include sizeable fair value gains on Qube’s investment properties (slightly below the comparable FY18 gains) which were partially offset by theimpairment of Qube’s investments in NSS, Prixcar and Quattro.
“In the face of some strong economic headwinds, this is a pleasing result,” Qube Managing Director, Maurice James, said with reference to releasing the full-year results.
“Qube’s diversification strategy has protected the business from a slowing economy and helped deliver our continued good performance.
“Throughout 2019, management focussed on growing market share, defending margins in a competitive environment while maintaining tight control of costs across the business units.
“This result also reflects Qube’s significant investment over many years on equipment, facilities and technology to build scale, improve efficiency and reduce costs, thereby enabling it to provide a cost effective, reliable service to its diverse customer base.
“The result also benefitted from several acquisitions that expanded Qube’s service capability, geographic and product diversification and brought additional management depth and expertise to the group,” he said.
In Financial year 2020, Qube expects similar overall economic and competitive conditions to FY’19 with a continuation of the subdued trends in container, grain, vehicle and general cargo volumes and no significant change in conditions in Qube’s other key markets including bulk commodities, forestry products and oil and gas related activities.
Qube’s organic growth opportunities, combined with the earnings from its recent and future capital expenditure, are expected to support sustainable earnings growth over the medium to long term.
Qube this week also announced the appointment of Stephen Mann to the board of
directors, effective 1 September 2019.
Mann is reported to have extensive strategy, transformation and business development experience across multiple geographies and different industries including rail, infrastructure, resources and transport.
Mann was reportedly selected via a comprehensive recruitment process from a strong talent pool comprising equal numbers of men and women. He was ultimately identified as having the skillset best aligned to Qube’s long-term strategy, particularly in the area of intermodal and infrastructure development.
“I’m very happy Steve has agreed to join the Qube board and believe he will make an excellent contribution,” said Qube chairman, Allan Davies.
“Steve’s mix of skills and experience will be valuable to Qube’s operations and strategy, particularly the ongoing development and operation of the Moorebank intermodal project,” he said.

Drones services market to grow rapidly

The global drone services market is estimated to expand at a rate of 32.5 per cent between now and 2027, according to a report from Transparency Market Research. The report found that Asia Pacific is anticipated to be a highly lucrative market for drones throughout the forecast period.
The commercial use of unmanned aerial vehicles was first recorded in Japan in the early 1980s, where they were used to spray pesticides on rice fields. Since then, drone technology has provided advanced and new applications to all major industries.
Drones are being considered the next key disruptor in the construction industry. With the adoption of UAVs, the construction industry directly benefits in terms of increased savings and safety, enhanced communication, and accurate measurements and insights. The benefits of using drones can be vouched by the 239% increase in the adoption of drones in the construction industry witnessed in 2017. (This is the highest usage of drones in any sector that uses commercial drones). Thus, the commercial drone industry and the construction sector stand to benefit from each other, with construction being the largest end-user industry of drones. This factor is expected to drive the global drone services market during the forecast period.
Global Drone Services Market: Prominent Regions
North America accounted for a key share of the global drone services market in 2018. The region is expected to dominate the global market between 2019 and 2027, owing to the increasing demand in the infrastructure, media & entertainment, and agriculture sectors in the region. Among countries/sub-regions, the U.S. constituted a significant share of the market in North America in 2018. The U.S. makes high investments in R&D activities aimed at innovating new technologies. Also, it is the most technologically-advanced country.
Europe is projected to be the second-largest market for drone services during the forecast period. The region is anticipated to hold a considerable share of the global drone services market during the forecast period. The rising use of drone delivery services in the healthcare and warehouse industries in the region is expected to augment the adoption of drone services in Europe in the next few years.
The market for unmanned aerial services in China is valued at CNY 30 Bn per year, with the government pushing to increase standardisation and automation in the agricultural sector in the country. Lucrativeness of the drone services market in Asia Pacific is anticipated to increase in the next few years, owing to extensive research and development activities taking place in the fields of aerial photography, videography, mapping, and data collection in the region.
Key players operating in the global drone services market are displaying synergies through close cooperation and collaborations in the areas of sales, marketing, and production. Manufacturers are also expanding through organic methods, such as increasing their production capacity, in order to meet the rising demand.

Asahi boosts productivity with the introduction of automation at Heathwood site

Dematic has helped Asahi Beverages to successfully increase productivity by 250 per cent with the installation of an Automated Storage and Retrieval System (ASRS) in its new Heathwood DC.
Asahi Beverages has a number of distribution centres (DCs) located across Australia. Previously in Brisbane, Asahi operated across multiple locations and used manual forklifts for block stacking, which they found came with a lot of disadvantages and challenges.
“We previously had a very labour intensive system in place, with every truck that came in having to be unloaded by a forklift, we then had to receive the paperwork manually, check the pallets manually, move the pallets into the storage location and then do all that in reverse to pick them,” Nathan Lucinsky, Heathwood DC Manager, Asahi said.
In making the decision to consolidate its sites into one DC and upgrade to an automated warehouse solution, Asahi wanted to achieve a number of benefits, including reducing costs, improving efficiency and productivity, and being able to better meet the needs of its customers.
The high bay racking at Asahi Heathwood DC is 13 levels high, 34 bays deep, and the ASRS extends to six pallet positions deep on either side of the six cranes, accessed by satellite carts. In total there are approximately 31,500 pallet storage positions.
“After assessing Asahi’s warehouse requirements, we knew that the best solution for them was the six-deep satellite ASRS. The ASRS we built for Asahi uses Dematic’s newest and fastest crane, the 1200 H1. This is also the tallest satellite system we have built in Australia,” Dominic Figliano, Project Manager, Dematic said.
“An automated system such as this eliminates a lot of the manual handling of pallets,” said Dominic. “This not only creates efficiencies and a high productivity boost of 250% for the customer, but also increases safety for workers in not having as many forklifts.”
In a DC such as Asahi’s Heathwood site, each manual touch of a pallet represents a cost to the business and comes with the risk of human error.
“We’ve now automated our warehouse processes and only use manual processes where it makes sense,” added Nathan. “In fact, most of our pallets won’t be touched by a human until they get to our customer DC.”
A key factor in Asahi’s decision-making process when looking for a new provider was working with a company that understood the local market. Asahi chose Dematic, as it has a demonstrated capability in delivering similar projects within Australia.
In addition to the ASRS, Dematic integrated third party equipment including the skate docks, stretch wrapper machine, label applicators, and a pallet inverter.

Asahi introduces automation at its Heathwood DC

Dematic has helped Asahi Beverages to successfully increase productivity by 250 per cent with the installation of an Automated Storage and Retrieval System (ASRS) in its new Heathwood DC.
The ASRS has improved the efficiency of warehouse operations, reduces manual processes and enables Asahi to better service its customers.
Asahi Beverages has a number of distribution centres (DCs) located across Australia. Previously in Brisbane, Asahi operated across multiple locations and used manual forklifts for block stacking, which they found came with a lot of disadvantages and challenges.
“We previously had a very labour intensive system in place, with every truck that came in having to be unloaded by a forklift, we then had to receive the paperwork manually, check the pallets manually, move the pallets into the storage location and then do all that in reverse to pick them,” Nathan Lucinsky, Heathwood DC Manager, Asahi said.
In making the decision to consolidate its sites into one DC and upgrade to an automated warehouse solution, Asahi wanted to achieve a number of benefits, including reducing costs, improving efficiency and productivity, and being able to better meet the needs of its customers.
The high bay racking at Asahi Heathwood DC is 13 levels high, 34 bays deep, and the ASRS extends to six pallet positions deep on either side of the six cranes, accessed by satellite carts. In total there are approximately 31,500 pallet storage positions.
“After assessing Asahi’s warehouse requirements, we knew that the best solution for them was the six-deep satellite ASRS. The ASRS we built for Asahi uses Dematic’s newest and fastest crane, the 1200 H1. This is also the tallest satellite system we have built in Australia,” Dominic Figliano, Project Manager, Dematic said.
“An automated system such as this eliminates a lot of the manual handling of pallets,” said Dominic. “This not only creates efficiencies and a high productivity boost of 250% for the customer, but also increases safety for workers in not having as many forklifts.”
In a DC such as Asahi’s Heathwood site, each manual touch of a pallet represents a cost to the business and comes with the risk of human error.
“We’ve now automated our warehouse processes and only use manual processes where it makes sense,” added Nathan. “In fact, most of our pallets won’t be touched by a human until they get to our customer DC.”
A key factor in Asahi’s decision-making process when looking for a new provider was working with a company that understood the local market. Asahi chose Dematic, as it has a demonstrated capability in delivering similar projects within Australia.
In addition to the ASRS, Dematic integrated third party equipment including the skate docks, stretch wrapper machine, label applicators, and a pallet inverter.

World's largest container ship completes its maiden voyage

MSC Mediterranean Shipping Company has announced that MSC Gülsün, the world’s largest container ship, has arrived in Europe after completing its landmark maiden voyage from the north of China.
MSC Gülsün is the first of a new class of 23,000+ TEU* vessels to be added in 2019-2020 to the global shipping network of MSC, a world leader in transportation and logistics.
Built at the Samsung Heavy Industries (SHI) Geoje shipyard in South Korea, MSC Gülsün sets a new standard in container shipping, in particular in terms of environmental performance.
At some 400 metres long and more than 60 metres wide, MSC Gülsün has a record-size capacity for a container ship: 23,756 TEU. Bigger ships generally emit less CO2 per container carried, helping companies which move goods on MSC’s services between Asia and Europe to lower the carbon footprint of their supply chains.
MSC is confirming its commitment to investing in the world’s largest and busiest trade lanes with the arrival of MSC Gülsün and the 10 other ships in the pipeline in this class.
The vessel is equipped with more than 2,000 refrigerated containers, boosting the trade of food, drink, pharmaceutical and other chilled and frozen items between Asia and Europe.
 

©2019 All Rights Reserved. MHD Magazine is a registered trademark of Prime Creative Media.

JOIN OUR NEWSLETTER

JOIN OUR NEWSLETTER
Close