Logistics

Hong Kong - Barloworld Logistics, a South Africa-based logistics and supply chain management business, has appointed William Tang as its managing director for the Far East region.

UK – Maltacourt Logistics, a UK-based provider of supply chain solutions and logistics services, is looking to enter both Asian and American logistics markets.

Singapore – DB Schenker has established a global Solution Competence Centre in Singapore, making it the first such unit outside Europe.

Latin America – FedEx Express customers will now be able to access a Brazilian transportation and logistics domestic network, following the recent acquisition of Rapidão Cometa Logística e Transportes SA as part of FedEx's overall growth strategy.

Asia – The global performance of trade logistics may have slowed in the last two years but countries with aggressive reforms have remained strong, according to World Bank.

Australia – Toll Global Logistics, a division of integrated logistics provider Toll Group, is restructuring to combine its finished vehicle distribution service with its automotive JV, PrixCar.

Europe – DHL Global Forwarding, the freight subsidiary of Deutsche Post-DHL Group, is establishing a logistics centre at Brussels, Belgium.

Hong Kong – Global logistics services provider Kerry Logistics has extended its reach in India and China, providing new services for its customers.

Global – United Parcel Service is now able to finance its intended recommended public offer for TNT Express after acquiring the Dutch cargo delivery company in March.

Singapore – Neptune Orient Lines Group has reported a net loss of US$254 million in the first quarter of this year.