Temasek and Kuehne + Nagel to create joint venture for investments in logistics technology start-ups [Forwarder]
Temasek, a Singapore headquartered investment company, and Kuehne + Nagel, a leading global logistics group, signed a Memorandum of Understanding to establish a joint venture to invest globally in early stage companies developing cutting-edge technology for logistics and supply chains.
Dr. Joerg Wolle, Chairman Kuehne + Nagel International AG: “This joint venture will be able to accelerate the transformation of the logistics industry. The cooperation combines Temasek’s focused and long-term oriented investment strategy and expertise, with Kuehne + Nagel’s global logistics network and know-how, creating a win-win situation for all parties. For Kuehne + Nagel it is both another important step in the deployment of our digitalisation approach and to shape the future of our industry”.
The joint venture is targeting investments into early stage companies which are developing technologies and services with the potential to transform traditional business models in logistics, improve efficiency and provide an enhanced value proposition for the consumers. The cooperation will focus particularly on the areas of big data and predictive analytics, artificial intelligence, block chain and robotics.
Tan Chong Lee, President & Head, Europe and South East Asia, Temasek added, “The opportunities presented by the growth of technology and its application across sectors have been an increasing focus for Temasek. We are pleased to partner Kuehne + Nagel in this joint venture, and believe the collaboration will allow us to further identify and support growing companies at the forefront of technological development in the logistics industry.”
Posted at 07:07 パーマリンク
HUTCHISON PORTS ACQUIRES 50% STAKE IN TMA LOGISTICS B.V. [Seaport]
Hutchison Ports has acquired a 50% shareholding in TMA Logistics B.V. (“TMA”).
TMA has a variety of general cargo terminal operations together with warehousing, shipping, logistics and project cargo activities at three sites in Amsterdam and one in Antwerp as well as at Hutchison Ports Amsterdam (former known as Amsterdam Container Terminal).
Commenting on the acquisition, Clemence Cheng, Executive Director, Hutchison Ports, said:
“The acquisition of a 50% stake in TMA Logistics complements both our existing operations in Amsterdam and the activities of Hutchison Logistics. We have developed a good working relationship with TMA over the last three years which has brought a range of operations to ACT.
“Together with TMA, we will maximise the benefits of operating through Hutchison Ports’ network to develop new business opportunities in areas including short-sea container traffic, ro-ro, vehicle handling, and general and project cargo.”
Gerben Matroos, Managing Director of TMA, added:
“With this step we have the opportunity to grow sustainably in the Amsterdam-Rotterdam-Antwerp range. With the worldwide network of Hutchison Ports, we are now able to expand our activities substantially. The North Sea Canal terminals in Velsen and Amsterdam are ideally located for offshore activities related to oil, gas and wind energy. Also, local hubs for markets in building and construction materials have great potential. Short sea connections from the Amsterdam terminal include Sweden, Finland, UK and Norway, together with rail connections to Germany and China.”
ACT boasts three berths with total length of 1,015 metres and depth of 15 metres, which are some of the deepest water multi-purpose berths in North Europe. With its central location and excellent hinterland connections, ACT offers shipping lines the opportunity to serve their customers in a fast, efficient, reliable and sustainable manner. Access will be further improved when a new sea lock, the largest in the world, opens at the end of 2019 at the entrance to the North Sea Canal.
ACT has outstanding multimodal connections by short sea, inland waterways, road and air. It is directly connected to this network with an excellent on-dock rail facility with three 700-metre-long tracks which offer a range of intermodal distribution options to potential customers.
TMA has a number of businesses. Thor Antwerp and Thor Amsterdam provide terminal operations, logistics services, agency, forwarding and chartering as well as truck, barge and rail distribution in their respective ports. MEO and ACS Logistics Amsterdam operate 120,000m2 of warehousing.
Posted at 22:10 パーマリンク
Home Depot has considered buying a $9 billion logistics company so Amazon doesn’t (record) [Forwarder]
Posted at 09:35 パーマリンク
Posted at 09:34 パーマリンク
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