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Category: Logistics

Retail News Asia is committed to providing both local and global retailers with the latest Logistics news throughout the Asian market. This on a daily base.

  • DHL Express Asia Pacific announces new appointments

    DHL Express Asia Pacific announces new appointments

    DHL Express Japan has appointed Tony Khan as president and representative director. With his new appointment, Khan also becomes a member of the management board of DHL Express Asia Pacific.

    Khan succeeds Taketo Yamakawa, who retired in December last year. Previously, Khan served as general manager of the DHL Express’ Central Asia hub, one of three global hubs in the division’s network. Khan was also previously vice president of operations at DHL Express Japan.

    Ken Lee, chief executive, DHL Express Asia Pacific, commented: “We are proud to have Khan lead the team and I am confident that his proven track record will further strengthen our position in Japan”.

    Khan added: “I look forward to building on the good work of my predecessor, developing trusted relationships with our customers, employees and society, and strengthening our market-leader position”.

    DHL Express has also named Chee Choong Ng as managing director of DHL Express Hong Kong and Macau.

    Ng, who successes Herbert Vongpusanachai, will be in charge of leading the strategic growth and managing overall operations in Hong Kong and Macau.

    Ng joined DHL Express in 2004 in a transportation manager role. His most recent position was vice president of operations in Hong Kong, in 2017.

    Lee explained: “Ng’s vast experience in the industry and knowledge of the competitive and strategically significant local market will contribute exponentially to the company’s growth.”

    Ng added: “I am honored to be able to lead such an amazing team, as we continue to improve our services while adapting to the evolving nature of our business”.

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  • Bangladesh – DHL Express named Best Workplace in Asia for 2019

    Bangladesh – DHL Express named Best Workplace in Asia for 2019

    DHL Express, the world’s leading international express service provider, has been named the Best Workplace in Asia for 2019 by Great Place to Work (GPTW), the global people analytics and consulting firm are known for its annual Best Workplaces list.

    “We are extremely honored to be recognized as the leading employer and best-practice workplace in Asia Pacific,” said Ken Lee, CEO, DHL Express, Asia Pacific.

    “It is important that our employees are always motivated and engaged because they determine the success of our company. We treat our employees the way we would like them to treat our customers, by fostering a culture of authenticity, responsibility, dignity, performance, and results. This award is a testament to the passion and energy that each one of us brings with us to work every day to make DHL a special place to be.”

    DHL Express received GPTW’s prestigious award for the fourth time since 2016, naming it the Best Workplace in Asia in 2016 and 2017 as well as the runner-up in the same category in 2018. This year’s honor came amid positive recognition of its workplace culture across 15 countries and territories in Asia Pacific.

    DHL Express garnered commendable scores on both the Trust Index and the Culture Audit, which canvassed direct feedback from employees to determine workplace levels of fairness and equity, diversity and talent development.

    “DHL’s success as an organization hinges on the unique background, experiences, and perspectives that each of our employees brings. Our strength in respecting and empowering the individual ensures everyone works together as a tightly-integrated whole to strive for exceptional performance,” said Mateen Thiruselvaam, Senior Vice President, Human Resources, DHL Express, Asia Pacific.

    “Feedback mechanisms like the annual Employee Opinion Survey make sure that everyone is heard, and enable us to assess and fine-tune our culture so that we constantly reach toward and extend beyond our full potential.”

    In 2018, DHL won a total of 50 awards for its workplace culture, bringing the total number of awards won from 2014 to 192.

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  • Tigers Australia boosts e-commerce processing capacity with new omni-channel facility in Sydney

    Tigers Australia boosts e-commerce processing capacity with new omni-channel facility in Sydney

    Tigers has opened a new omni-channel facility in Yennora, Sydney, Australia to meet rising demand in domestic and cross-border e-commerce for B2B, B2C fulfilment and retail scan pack.

    The omni-channel warehouse is fitted with Tigers’ Automated Transport Sortation System and SmartHub: Connect (SH:C) technologies that enable customers to manage orders and view their inventory remotely.

    “The way we all shop is changing and will continue to change,” said Frank Cafasso, Managing Director (MD) Tigers Australia.

    “The Yennora facility, with its state-of-the-art systems, will keep Tigers agile in adapting to the evolving e-commerce market.”

    “The new warehouse’s upgraded capabilities will allow us to facilitate a variety of storage mediums, and with its centralised processing area, the facility will offer increased scalability as the market grows.”

    The new facility expands Tigers’ processing capacity at its Sydney operations to 17,000 pallet locations.

    “E-commerce in Australia will increase not only for domestic but also international (cross-border) trade, and our new Sydney facility is expected to handle an initial 20 percent of our B2C e-commerce traffic, with predicted yearly increases,” added Cafasso.

    The facility will process a range of consumer goods including, cosmetics, apparel, giftware, manchester and homeware among others.

    The new facility is part of Tigers’ two-year strategy to invest in e-commerce and B2B verticals, and similar facilities are planned for construction in Sydney and Melbourne.

    SH:C is the world’s first combined freight, e-commerce, and logistics portal, which gives customers end-to-end visibility of the supply chain globally, from transport, to e-commerce fulfilment delivering cost-effective and customisable solutions.

    The Sydney hub is part of an ongoing global expansion plan for Hong Kong-headquartered Tigers, and the facility was developed by Fife Capital.

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  • Kerry Logistics a five-time winner at the Quamnet awards

    Kerry Logistics a five-time winner at the Quamnet awards

    Kerry Logistics Network Limited was a proud winner at the Quamnet Outstanding Enterprise Awards (‘QOEA’) 2019 for the fifth consecutive year, clinching the Outstanding Global 3PL title for the third year running.

    Presented in Hong Kong last night by leading Hong Kong financial news platform Quamnet, the title secured Kerry Logistics’ reputation as a global 3PL with expanding worldwide presence.

    With the QOEA, Kerry Logistics was commended for its distinction in products and services, brand

    reputation, philosophy of operation, marketing strategies, sustainable development strategies, accomplishments, corporate social responsibility and unique business philosophy or development.

    Alex Ng, Executive Director of Kerry Logistics, said: “We are grateful to Quamnet for its recognition of our constant dedication to excellence. To receive the Outstanding Global 3PL title for the third time is a great encouragement as we extend our international footprint across diverse regions.

    “We will continue to enhance our service capabilities while growing our geographical coverage in order to accommodate the changing needs of our customers around the world.”

    Organised annually, the QOEA is judged by a committee made up of the Quamnet editorial team, the Quam research team and independent financial analysts to identify and compliment the remarkable performance of Hong Kong enterprises.

    Prior to winning the Outstanding Global 3PL title in 2017 and 2018, Kerry Logistics was named Outstanding Global Logistics Network and Outstanding Logistics Solution Provider in 2015 and 2016, respectively.

    Kerry Logistics has recently deepened its reach in the Middle East by setting up a new office in Bahrain and opening a new bonded logistics facility in Dubai, in addition to acquiring a majority interest in Turkey’s Asav Lojistik Hizmetleri Anonim Sirketi to further the expansion of its global network and strengthen its international freight forwarding capabilities.

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  • tBox by Posti is the “perfect” place to pick up your online orders

    tBox by Posti is the “perfect” place to pick up your online orders

    Design studio Fyra may have created the “perfect” environment for online shoppers to collect their online orders: Box by Posti, the Finnish postal service.

    The brightly colored room, which serves as a convenient drop-off for customers to pick up purchases they have made online, has a recycling area, fitting rooms, and product show space.

    The 600-locker Box by Posti space was created with the intention of making it more than just an ‘unadventurous row of lockers’. Color-coded areas are used in the space to support the different service paths and mark and clarify different functionalities.

    “The consumer behavior of the Finnish people has changed significantly,” said Posti’s head of customer experience and channels Kaisa Ilola. “Before, there was a piece missing between the online store and home. Box was created to fill in the missing piece.”

    Visitors to Box by Posti are welcome to open or pack their parcels in the green unboxing area, which contains scissors, tape and pens as well as parcels and envelopes, or in the recycling zone that features reusable packaging material. They can also arrange for refunds on unwanted items slated for return.

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  • Casetify creates DHL collectibles range in unusual collaboration

    Casetify creates DHL collectibles range in unusual collaboration

    Tech-accessories brand Casetify has released a collaboration with international express service provider DHL to commemorate its 50th anniversary.

    The firms teamed up to introduce a special edition collection of tech accessories, debuting online and in pop-ups all over the world. Within a few weeks, the anniversary collection has amassed a virtual waitlist of more than 100,000 fans and completely sold out in its first global online release.

    In the latest drop for “50 Years of DHL,” Casetify incorporates DHL’s globally recognized branding such as the company’s signature waybill, brand colors and logo interpretations in an extension of the best-selling collection. The designs feature an industrialized art direction through the logo-based tape (an updated version of the 2018 collection’s best-seller) and “scanned” waybills, showcasing the technology that connects DHL to its global customers.

    “We are proud that the DHL x Casetify collection has been so well-received by customers all over the world, and that so many people are celebrating DHL’s 50th anniversary with us,” said DHL Express Asia Pacific CEO Ken Lee.

    “As we look forward to a future filled with exciting technology and innovations, we want to continue sharing our journey with fans and we hope that this new collection will give them a quick glimpse of what’s in store.”

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  • Etihad extends contract with Hermes Logistics Technologies

    Etihad extends contract with Hermes Logistics Technologies

    Hermes Logistics Technologies (HLT) has extended its contract with Etihad Aviation Group and will begin upgrading Etihad’s cargo management system (CMS) to the latest version of Hermes 5 (H5).

    H5 will bring usability improvements, advanced integration with external applications, and open up business intelligence capabilities, which can be used with AI and machine learning algorithms to optimize business and handling processes.

    “We are delighted with the contract renewal with Etihad Aviation Group as it confirms HLT as a core strategic partner as they make major infrastructure upgrades to their hub in Abu Dhabi,” said Yuval Baruch, Chief Executive Officer (CEO), HLT.

    “H5 will provide the latest generation of data solutions to enable next-level business and cargo-handling process enhancements as the hub embraces the digital revolution and upgrades its e-commerce and pharma processing facilities.”

    H5 creates a cargo management ecosystem where external actors in the supply chain and third-party applications will all be able to collaborate seamlessly.

    “Etihad and Hermes Logistics Technologies have been collaborating since 2015 and we welcome the latest digital solution offered by our trusted partners,” said Frank Meyer, Chief Digital Officer, Etihad Aviation Group.

    “By upgrading to Hermes 5, we will have a digital solution tailored to Etihad’s needs, focusing on improving our cargo operations providing a seamless experience for our customers.”

    In addition to being open to external applications, H5 also forms the core of Hermes NG, a cloud-based suite of cargo management applications that include Business Intelligence (BI), Track&Trace, and eCheckin for customised cargo management solutions.

    “Our UK business analysis team joined our new development team from India on-site to complete significant upgrades to Etihad’s current CMS, laying the groundwork for the H5 implementation process,” said Jacek Lechocki, Head of Product and Services, HLT.

    “Hermes teams will be working closely with Etihad again to execute the next steps in the upgrade path, ensuring they reap the benefits of the latest, world-leading, CMS functionality available in H5.”

    Hermes NG’s modules can be used on a pay-as-you-go basis, and as a cloud-based system, no extra IT infrastructure is required to host them, allowing for maximum flexibility and savings on capital expenditure.

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  • Kerry Logistics secures accolades at the Asset ESG Awards

    Kerry Logistics secures accolades at the Asset ESG Awards

    Kerry Logistics Network Limited has for the second consecutive year secured the Platinum Award, the highest honour of The Asset ESG Corporate Awards (the ‘Awards’, formerly known as The Asset Corporate Awards), as well as the Best Investor Relations Team Award for the first time.

    Kerry Logistics won the Platinum Award for its laudable efforts in achieving corporate sustainability, with strong management acumen and stringent governance reflected in its financial performance.

    It also received the Best Investor Relations Team Award in recognition of its investor relations team in new initiatives launched, facilitating outreach and enhancing communication with investors and analysts.

    William Ma, Group Managing Director of Kerry Logistics, said: “We are grateful to The Asset for acknowledging Kerry Logistics’ dedication to the environment, to social responsibilities and to upholding the highest standard of corporate governance. To be included among our distinguished peers for the second year running is a testament to our continued efforts.

    “We are also encouraged by the appreciation on the efforts of our investor relations team. In the face of a changing economic and business environment, we will keep maintaining transparency and active communication with our investors while creating value for our stakeholders.”

    Inaugurated in 2000, the Awards are the longest-running and the most prestigious ESG awards program in Asia. Organized by the regional financial magazine The Asset, the Awards are assessed according to financial performance, management, corporate governance, social and environmental responsibility and investor relations.

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  • Kerry Logistics wins Junzi Corporation Award

    Kerry Logistics wins Junzi Corporation Award

    Kerry Logistics Network Limited is honoured to receive for the first time the Junzi Corporation Award (the ‘Award’) presented by the Hang Seng University of Hong Kong (‘HSUHK’), which recognises Kerry Logistics’ resolute adherence to the highest standards of business ethics.

    Kerry Logistics also collected the iMoney Corporate Governance Award, jointly conferred by HSUHK and Hong Kong financial publication iMoney.

    Organised for the ninth year, the Award acknowledges corporations that value business ethics and “Junzi’s Five Virtues” – Benevolence, Rightness, Propriety, Wisdom and Trustworthiness – based on Confucian concept, as well as Western ethical theories of business that emphasise integrity and fairness.

    The iMoney Corporate Governance Award is the accolade given by one of the media partners of the Award to winners.

    William Ma, Group Managing Director of Kerry Logistics, said: “We are delighted by the honour HSUHK has granted us. We always strictly abide by the highest ethical code in all of our operations.

    “We will continue to engage in socially responsible practices and contribute to the welfare of the societies in which we operate as a global enterprise.”

    Kerry Logistics operates its business with integrity, transparency and accountability, and has committed itself to serving the community by leveraging its talents, resources and networks. Its community involvement focus demonstrates its care towards the youth, the underprivileged and the environment.

    To raise awareness and identify opportunities for improvement, Kerry Logistics has established and implemented environmental management systems accredited to the ISO14001 standard, and supported community initiatives run by different charitable organisations.

  • DHL to Invest more in Sustainability and Tech

    DHL to Invest more in Sustainability and Tech

    DHL Express recently unveiled its Strategy 2025 putting digitalization, e-commerce and sustainability in focus as it aims to further expand sustainably.

    John Pearson, CEO DHL Express, made the announcement at the opening of DHL’s €123 million (US$135 million) state-of-the-art hub at Cologne-Bonn Airport saying the “many new technologies” at its Cologne hub shows the basis of our new Strategy 2025.

    “By investing more than €1 billion (US$1.1 billion) annually in technology and infrastructure and by putting the new green logistics center into operation, DHL clearly demonstrates its ambitions,” the international courier said in a statement.

    In particular, it noted the ice energy storage system with over 1.3 million liters holding capacity and 18 kilometers of piping that ensures the hub stays cool in the summer and warm in the winter in its facility and the heat pump and solar panels on the roof making it “an entirely emissions-free solution.”

    “As the experts in export and import, we can only grow by ensuring top quality, which is why we invest more than a billion euros each year in employee training, infrastructure, and digitalization. The main goal here is to increase our transport and delivery capacity for time-sensitive TDI shipments to meet the ever-growing customer demand in the area of e-commerce. At the same time, we’re continuously improving on process efficiency,” Pearson said, noting that its recent quarterly results “show pretty clearly that we’re on the right track.”

    DHL completed the upgrade of its air hub at Cologne-Bonn Airport in August 2019 following a two- year building and renovation phase. In the hub’s 15,000 m2 sorting center, with its 12,000 m2 warehouse and 3,000 m2 office space, several new technologies allow DHL Express to process up to 20,000 shipments per hour on its 2.5-kilometer-long conveyor belt. A number of other additions, including 3D scanners and vacuum lifters, help make life easier for the hub’s 340 employees, who hail from 34 different countries.

    “The €123 million (US$135 million) investment in our new hub clearly shows our commitment to the Cologne-Bonn region and ensures the future of a lot of jobs here,” says Detlef Schmitz, Managing Director of the DHL.

    “This also makes the hub an even more important part of DHL’s international network. With the new direct route between Hong Kong and Cologne, 28 daily flight movements, and our use of state-of-the-art technologies, we are proud to be contributing – sustainably – to the worldwide growth of DHL Express,” he added.

    DHL Express has a presence in over 220 countries and territories. It transports over 400 million shipments per year with 22 hubs worldwide and over 260 dedicated aircraft, 17 partner airlines, and a capacity for over 3,000 flights daily to over 500 airports.

    Fleet modernization

    “We expect continued growth in the coming years, especially in cross-border e-commerce trade,” says Travis Cobb, EVP DHL Global Network Operations.

    “By modernizing our air fleet, we can increase our intercontinental connections and do so with reduced carbon emissions and less fuel consumption. Next year, we will deploy another six brand-new planes from our Boeing order.”

    In 2018, DHL announced its plans to add 14 new Boeing 777 aircrafts to its own fleet.

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  • DHL To Debut Zero-Emission Electric Delivery Vans In U.S. Cities

    DHL To Debut Zero-Emission Electric Delivery Vans In U.S. Cities

    Deutsche Post DHL Group’s StreetScooter electric vehicle unit will enter the U.S market next year as delivery firms and municipalities work to cut greenhouse gas emissions. DHL will debut StreetScooter’s zero-emission Work L delivery van in two urban U.S markets, one on each coast, starting in Spring 2020, the companies said

    They did not specify which markets would be the first.Full deployment could come in 2022 and 2023, said Ulrich Stuhec, StreetScooter’s chief technology officer, who joined the company from Ford Motor Co in October. Los Angeles, London, Berlin, Tokyo and 30 other cities around the globe have been working to establish zero-emission zones by 2030.

    Those cities hope to curb accumulating greenhouse gases that contribute to extreme weather, higher temperatures and rising sea levels, which have steep economic, environmental and human costs

    The transportation industry – which includes fossil-fuel-burning ships, trains, trucks and planes – accounted for 14% of global greenhouse gas emissions in 2010, according to the United Nations’ Intergovernmental Panel on Climate Change

    Over the last three years, DHL has kicked off “CO2-free last-mile delivery” efforts with German cities like Berlin, Hamburg and Munich. Roughly 10,000 of the 12,000 StreetScooter electric vehicles on the road make DHL deliveries. They operate in Amsterdam, Vienna and cities around Germany – saving roughly 36,000 metric tons of CO2 per truck each year, StreetScooter said.”We have the most experience on the road while others are still working on their first prototypes,” StreetScooter’s Stuhec said in a recent interview. Up-and-coming delivery competitor Amazon.com Inc in September gave the electric vehicle industry a jolt with its plan to order 100,000 electric delivery vans from Rivian Automotive LLC, a company it funds

    The first vans should hit streets in 2021. Meanwhile, Amazon said its delivery partners are using around 200 electric vehicles

    United Parcel Service Inc has 1,000 electric and hybrid electric vehicles in its fleet, and FedEx Corp last year announced plans to deploy 1,000 electric vehicles in California

    DHL fully acquired StreetScooter in 2014

    The unprofitable subsidiary is seeking new investors and customers to further ramp production

    Current partners include the United Kingdom’s Milk & More, which ordered 200 trucks, and Japanese delivery firm Yamato, which has started to deploy 500 planned vehicles

    In September, StreetScooter cracked the world’s biggest electric vehicle market – signing a memorandum of understanding with Chinese carmaker Chery Automobile Co to begin electric van production in 2021

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  • M&G Acquires Second Logistics Facility In Asia

    M&G Acquires Second Logistics Facility In Asia

    M&G Real Estate, the real estate fund management arm of M&G Investments, has acquired a $131 million (155.5 billion Won) modern logistics center close to Seoul on behalf of its core Asian property strategy managed by Richard van den Berg.

    Located south of Seoul, Yongin Baegam Logistics Centre is in an established logistics cluster close to the city’s major highways. The approximately 100,000 square-meter four-story asset comprises all the characteristics of a high specification logistics center, catering to all the demands of modern occupiers. The new building tenants include established third-party logistics operators and retailers.

    We are positive about the fundamentals in Asia Pacific’s logistics sector, particularly in Korea, where supply is limited and demand is strong. The relentless demand for faster delivery will push third-party logistics companies to larger, more centralized distribution centers near key transport hubs and highway interchanges, such as ours, said Richard van den Berg in a media statement on Monday.

    The location will remain a key requirement as transportation typically accounts for at least half of logistics providers’ total costs. Yongin Baegam Logistics Centre will provide stable and core income to our investors said Berg.

    This is the second logistics facility for the M&G Asia Property Fund in Korea after Homeplus Hub Logistics Centre, the 64,250 square-meter distribution center acquired in 2017. This purchase coincides with an uptick in consumer spending with expectations for online retailing to grow in Asia Pacific markets from 14 percent to 23 percent by 2023.

    As the logistics sector matures and attracts more interest from investors, spreads between logistics and other asset classes in developed markets have narrowed and Korea is expected to follow the demand for modern well-located facilities.

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  • UPS enables Asian businesses to capture growth opportunities with more service enhancements

    UPS enables Asian businesses to capture growth opportunities with more service enhancements

    UPS announced a series of service enhancements that will benefit up to 1.4 million postal codes across 41 countries and territories in the Asia Pacific region, opening opportunities for businesses to develop more resilient supply chain strategies as they look within the region for growth.

    “Asia is an incredibly dynamic, evolving region, and trade in the region is helping to power the global economy—whether it’s through increased consumption in emerging economies such as Vietnam and the Philippines, or through supply chains that weave their way through the region and around the world,” said Ross McCullough, President, UPS Asia Pacific Region.

    “Businesses need greater agility to respond to the needs of customers and the market with more precision than before, and UPS is helping them to achieve this with faster transit times, a broader service footprint and a balanced portfolio of services.”

    The following enhancements are poised to deliver increased flexibility for businesses and support greater demand in the region:

    • Day-definite guarantee with one day faster transit time for UPS Worldwide Expedited service within Asia, enabling the majority of businesses in the region to enjoy delivery in two business days with a guaranteed delivery date
    • Improved geographic reach of UPS Worldwide Express® services with time-definite deliveries for international shipments to 205 new postal codes in Indonesia, Korea and Taiwan
    • Reduced transit time by one day for businesses exporting from Northern Malaysia to major territories in Asia, Europe and the US; from Northern Thailand to Europe and the US; and from major territories in Asia to China with UPS Worldwide Express® Saver service
    • Expansion of UPS Marketplace Shipping to 10[1] additional Asian markets, offering businesses an automated way to process their e-marketplace orders by streamlining the order management and shipping processes, and reaching more end-customers in other parts of the world

    “With service improvements such as guaranteed delivery timing and shorter transit time for UPS Worldwide Expedited®, most businesses shipping within Asia will now have their shipments delivered in as little as two business days,” McCullough added. “This offers an end-to-end service alternative for freight forwarding shippers in the region looking for a scalable solution as they venture into new markets.”

    These enhancements build upon a number of major investments UPS made in its network across the region earlier this year, including: increasing its Shenzhen Asia Pacific Air Hub’s processing capacity by 50%; expanding the reach of UPS Worldwide Express® morning services to reach Australia, Hong Kong, Japan, Singapore, and South Korea; extending pick-up times by up to five hours for export shipments from China, Japan, Taiwan, and South Korea; and commencing Saturday pick-up services in the U.S., enabling import shipments destined for eight markets in Asia to be delivered one day earlier than before.

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  • Kerry Logistics acquires Turkish forwarder ASAV

    Kerry Logistics acquires Turkish forwarder ASAV

    Kerry Logistics Network Limited announced the acquisition of a majority interest in Turkey’s Asav Lojistik Hizmetleri Anonim Sirketi (‘ASAV’) to further the expansion of its global network and strengthen its international freight forwarding (‘IFF’) capabilities.

    Building upon ASAV’s competitive advantages of established operations and a diversified mix of domestic and international customers, the acquisition will help Kerry Logistics to gain a major foothold in Turkey and further consolidate its network and capabilities in the region.

    Founded in 1994 in Turkey, ASAV was ranked No. 1 in Turkey’s Top 5 Agents by tonnage flown, according to 2017 and 2018 yearly IATA rankings, offering professional air, ocean and road freight to the market.

    ASAV has seven offices across the country, including five in Istanbul, one in Bursa and one in Izmir as well as one in Amsterdam in the Netherlands. It also has a warehouse of 452,000 sq ft in Istanbul combining bonded and non-bonded storage areas plus a bonded warehouse of 21,500 sq ft in Amsterdam.

    Mathieu Biron, Managing Director – Global Freight Forwarding of Kerry Logistics, said: “We are excited to work with ASAV, a young, dynamic and highly professional team, to tap into the business potential of a promising market and create greater synergy with the diverse mix of customers it brings. The partnership is poised to significantly boost our IFF capabilities in Turkey and enrich our resources in the Europe-Asia freight route, instrumental in helping us to further expand our IFF business worldwide.”

    Melek Karabacak, Vice Chairperson of ASAV, said: “For the past 25 years, ASAV has built a solid foundation and a rich customer portfolio in Turkey and the region. Joining Kerry Logistics is exciting news for us. We are looking forward to combining our local and regional expertise with Kerry Logistics’ global network and extensive service offerings to support our ongoing development and provide a broader range of innovative solutions to our existing and future customers.”

    Taking into account the positive profit growth and expansion potential in the IFF division, Kerry Logistics will continue to focus on expanding its IFF business both organically and through mergers and acquisitions.

  • New Zealand Post underpays workers over nine years

    New Zealand Post underpays workers over nine years

    New Zealand Post has revealed it may have underpaid up to 22,000 staff since 2010, and is setting aside $38 million to repay any lost holiday pay.

    “It’s too early to say who exactly may be impacted, but some scenarios that typically result in underpayments are those employees who earn regular overtime or have variable patterns of work,” NZ Post chief financial officer Michael Boersen said.

    “We’ll be able to confirm with individuals who register, and start the back payments from July 2020.”

    The announcement comes after the logistics provider was identified by the ministry of business, innovation and employment as an employer that needed to update how it calculates holiday pay.

    Boerson said that the business has written to 17,000 former employees asking them to register their details, as NZ Post calculates how much it needs to return to workers.

    Gerard Hehir, national secretary of Unite Union, said NZ Post had been through several changes over the last decade, and its possible many members could qualify for back payments.

    NZ Post recently revealed domestic e-commerce players are gaining traction, with over 65 percent of shoppers preferring to purchase directly from local sites as opposed to international players, in its 2019 New Zealand E-commerce Review.

    “Domestic sales growth is outstripping international online sales growth,” said Bryan Dobson, chief marketing officer at NZ Post.

    Additionally, the data showed that Kiwi shoppers are transacting online 10 percent more often on average, compared to 2017.

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