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.
Record number of containers lost at sea
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 leads industry change with sustainability
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.
Construction starts on $1 billion industrial precinct in Western Sydney
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.
Beauty giant signs 10-year lease at Clayton Business Hub
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 report reveals industrial and logistics assets to top investor buy lists in 2021
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.
efm Logistics commits to 15,580 sqm site in Melbourne
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 acquires Australian supply chain and logistics consultancy
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.
ALC Chief Executive Officer resigns
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.
VISA Global Logistics and Mondiale merge to create $1.2bn business
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.