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.
In its half-year results presentation to investors, Qube Holdings announced that Maurice Jones, who has led the business for a decade, will step down as Managing Director at the end of June. The logistics provider also announced that it has signed a non-binding agreement with LOGOS to sell 100 per cent of its warehousing and property components at Moorebank Logistics Park for $1.65 billion.
One of the top integrated logistics providers in the Asia Pacific region, Wiseway Group Limited (Wiseway) announced their results for the six months to 31 December 2020 (1H21), symbolising a historic bounceback for the company.
Amid COVID-19 vaccinations rolling out across the world DHL Global Forwarding (DHL) has committed to delivery of additional doses of the vaccines on a weekly basis to both Australian and New Zealand shores, further to the first successful delivery on February 15.
One of the world’s leading logistics companies, Kuehne+Nagel Group, is entering a binding agreement to acquire Apex International Corporation (Apex), representing the largest acquisition in the group’s history.
Dematic announced today an agreement to supply Merchants Distributors (MDI), a leading wholesale grocery distributor, with an automated mixed-case fulfilment solution for the upcoming renovation and expansion of their primary operations centre.