Proving the Business Case for the Internet of Things

Smart Logistic Newsletter Archives: February 2015

 
XPO Logistics pays $59m for UX Specialized Logistics

Connecticut-basedXPO Logistics has bought home delivery company UX Specialized Logistics for $59m in cash to tap into the booming e-commerce market in North America.
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Indian logistics start-up aims to raise Rs30 crore in series B funding

Bengaluru-based CriticaLog India, a start-up firm engaged in supply-chain management and critical logistics services, is looking to raise around Rs30 crore in a series B funding from new investors.
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RFID sensor technology can help protect shipyards from terrorism

Technology developed by GE Global Research for detecting hazardous chemicals or those used in explosives could provide extra security for the global shipping industry.
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Logistics growth offsets falling mail revenue for SingPost

Growth from its logistics business more than offset a fall in mail revenues for SingPost in the final quarter of 2014, according to figures released this month.
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British Gas to explain UK smart meter roll out at logistics conference

Glyn Williams, head of supply chain at utility British Gas, plans to discuss the supply chain strategy behind the nationwide roll out of smart meters at the Logistics & Supply Chain Conference in London on March 18 and 19, 2015.
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Changjiu and UTi Worldwide partner to tackle Chinese automotive logistics

A partnership between California-based supply-chain company UTi Worldwide and Changjiu Logistics aims to serve the logistics requirements of global automotive OEMs and suppliers in the booming automotive market in China. Changjiu claims to be the largest independent automotive logistics company in China.
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Spare parts logistics and cold chain markets set for growth

The global spare parts logistics market is set to grow at a CAGR of 6.9% from 2014 to 2019, according to a report from Research & Markets. In a separate publication, it says the global cold chain market will grow at a CAGR of 15.7% and 10.5% in terms of revenue and volume, respectively, over the same period.
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Kintetsu pays more than expected for APL Logistics

Japanese freight carrier Kintetsu World Express is buying Singapore's APL Logistics for US$1.2bn, paying a higher than anticipated price for an overseas deal at a time of slow domestic growth.
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Funding helps Nimble Wireless expand services

Nimble Wireless, a Chennai-based company specialising in IoT and M2M technologies, has received £0.5m funding from Indian seed-stage venture capitalist AngelPrime.
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Rhenus aims to grow the next generation of logistics experts

Freight forwarder Rhenus Logistics has launched a graduate programme as part of its ongoing investment in the UK. The scheme aims to attract students with an array of skills from non traditional subjects to encourage the next generation to take up a career in the logistics sector.
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Orbcomm acquires InSync to expand asset tracking capabilities
New Jersey-based Orbcomm has completed the acquisition of InSync Software, a provider of IoT enterprise systems across a broad spectrum of vertical markets, applications and customers.
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UHC and VHA merge to form USA’s largest member-owned health care company
US national health care network VHA is merging with UHC, the alliance of the USA's leading not-for-profit academic medical centres, to create a single organisation that will be the largest member-owned health care company in the country.
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Fleet management and cold chain markets surging in China, say reports
The installed base of fleet management systems in China will reach 5.9 million units by 2019, according to a report from analyst firm Berg Insight. And TechNavio is predicting that the cold chain market in China will grow at a CAGR of 24.2 per cent from 2014 to 2019.
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Top ten 2015 supply chain and manufacturing predictions from Software AG
German company Software AG has released its top ten predictions for the next year in the manufacturing and supply chain industry, calling 2015 the tipping point for supply chain sentience.
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DHL tests augmented realty in Dutch warehouse
DHL has carried out a pilot project testing smart glasses and augmented reality in a warehouse in the Netherlands.
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Disposable temperature logger suits cold chain monitoring
Dutch semiconductor company NXP and Finish-based Enfucell have jointly developed a disposable temperature logging foil demonstrator for cold chain monitoring.
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Kuehne & Nagel smoking with BAT collaboration
Kuehne & Nagel and British American Tobacco (BAT) are extending their collaboration by implementing global integrated logistics.
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XPO Logistics increases private offering of senior notes to $400m
Connecticut-based XPO Logistics is trying to raise money for general corporate use, including possible future acquisitions.
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Blackstone acquires German logistics assets
New York-based Blackstone’s European arm has acquired ten assets in Germany for its European logistics company, Logicor, from TREI Real Estate, the real estate management and development company of the Tengelmann Group.
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FedEx completes acquisition of Genco
FedEx has completed the acquisition of Genco Distribution System, one of the largest third-party logistics providers in North America.
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Aldi to restructure UK logistics network
The British subsidiary of the supermarket chain Aldi intends to enhance its supply network, transport processes and logistics centres in the UK and Ireland using PSIglobal, a software product for strategic planning, controlling and optimisation of logistics networks, from PSI Logistics in Germany.
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Freedom acquires UK airport logistics company
Freedom Logistics has become sole owner of Prime Logistics International, which is based at Heathrow and Leeds Bradford airports in the UK.
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