34 stories in this topic
A significant fire broke out at Coupang’s No. 32 logistics center located in Incheon, west of Seoul, prompting an evacuation of surrounding businesses and factories due to structural collapse concerns. The fire, which originated on the building’s sixth floor…
Australia’s logistics and warehousing sector is experiencing robust growth, increasing the demand for storage systems that adhere to rigorous technical and safety standards. This has led suppliers to modify their products to align with the country’s stringent…
The health and wellness brand, Moments, has marked its debut in the physical retail market of New Zealand. The brand’s wide-ranging products, including adult toys, condoms, and lubricants, are now available in Chemist Warehouse stores across the country and…
The National Capital Region’s (NCR) warehousing market is on track to soar to 108.6 million square feet by the end of 2025. This surge is largely driven by Grade A projects, which have captured the interest of institutional investors, as detailed in a recent…
Sigma Healthcare has revised its merger synergy target with Chemist Warehouse, following a significant increase in both its top and bottom line results last year. New Merger Synergy Targets Sigma Healthcare has now set its synergy target for the merger at…
Global intralogistics specialist Kardex has unveiled its new AutoStore™ StarterGrid, which is an affordable, plug-and-play automated storage and retrieval system (ASRS) now available to customers in Southeast Asia. It immediately streamlines storage and…
As part of its ongoing commitment to provide efficient, secure, and quality express services amid the growing demand for domestic and international delivery, J&T Express Singapore today announced the opening of two new warehouses in Singapore at Changi…
With the expansion of the ‘quick commerce market’, which offers guaranteed delivery within an hour, South Korean firms are employing gas stations as warehouses and logistics hubs. It has become a new alignment of interest between the quick commerce industry…
Taiwan’s Pou Chen, which makes footwear for companies such as Nike and Adidas, suspended operations at its plant in Ho Chi Minh City on Wednesday as COVID-19 curbs hit factories in the country’s business hub. Vietnam’s health ministry said in a statement that…
The firm’s real estate investment arm has acquired the ¥39 billion ($369 million) Tokyo logistics facility in a joint venture with fund manager ESR. The ESR-Axa vehicle purchased the 142,000-square-meter ESR Kuki, located in the north-eastern area of Saitama…
Dematic announced today it has been awarded an automation project for two temperature-controlled warehouses with Americold, a leading temperature-controlled infrastructure and supply chain solutions and services company, to improve efficiency for a major…
The market leader in contract logistics, DHL Supply Chain, is introducing its first digital twin of a warehouse in the Asia-Pacific region for Tetra Pak with one goal in mind: optimised, agile and cost-efficient supply chains. The warehouse is one of the…
New Zealand’s biggest retailer is in the final stages of launching an e-commerce site, according to media reports. The Warehouse Group, which operates The Warehouse, Warehouse Stationery, Noel Leeming and Torpedo7 stores, is reportedly planning to launch an…
UK digital fashion store Asos said its new US warehouse struggled to cope with demand last quarter, hitting sales there and causing delayed shipments. Asos CEO Nick Beighton said the unexpected high demand in the Atlanta warehouse caused a significant…
Pharmaceutical retailer Sigma Healthcare’s net profit fell 33.1 per cent to $37 million in FY19, down from $55 million in the prior corresponding period. Total revenue also decreased in the year to January 31, 2019, falling 2.9 per cent to $3.98 billion,…
A Nike warehouse in Melbourne’s Altona North suburb has become the first facility in Australia to receive a ‘whole-of-building’ carbon-neutral certification from the National Carbon Offset Standard. The certification is the latest recognition for the site,…
Evergreen guides that explain the mechanics behind this topic.
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