Who is Andy Jassy? The pivotal person responsible for the Amazon Web Services empire will now take the reign on the profit machine it is today.
Over 3,000 containers have been lost at sea in just the last few months, World Shipping Council finds. The figure has recently skyrocketed, with a total of only 1382 containers lost at sea during the entirety of 2019.
FedEx has announced a goal to achieve carbon-neutral operations by 2040. Over $2 billion dollars will be invested across vehicle electrification, sustainable energy and carbon sequestration to meet the target.
Altis Property Partners, Frasers Property Industrial and Aware Super have started construction of a 400,000 sqm warehouse and logistics facility in Kemps Creek in Western Sydney.
Natural beauty tycoon BWX, manufacturer of Sukin cosmetics, is moving to a new 18,000 sqm state-of-the-art business hub in Clayton later this year.
CBRE’s market outlook report finds Australia’s major commercial property investors are moving back into buying mode after a subdued 2020, with a heightened focus on industrial and logistics assets and Environmental, Social and Governance (ESG) considerations.
Australia and New Zealand’s largest 4PL (fourth-party logistics) provider, efm Logistics, has committed to a 15,580 square metre speculative warehouse at Fraser Property Industrial’s Rubix Connect precinct in Dandenong South, Melbourne.
Accenture has acquired Australian-based supply chain and logistics consulting firm, GRA. According to Accenture, the acquisition strengthens its supply chain and operations capabilities to help its clients address complex supply chain demands and deliver dynamic customer experiences.
The Australian Logistics Council (ALC) has announced that its Chief Executive Officer, Kirk Coningham OAM has decided to step down from ALC, effective from end of May 2021.
Two of the largest freight companies in the Asia Pacific region, VISA Global Logistics Pty Ltd (VISA) and Mondiale Freight Services Limited (Mondiale) have agreed to merge to form a $1.2bn business.