APL Logistics opens Ho Chi Minh freight station

APL Logistics has opened a consolidation centre in Ho Chi Minh City, Vietnam - the largest single-roof container freight station (CFS) within the company’s South East Asia CFS network. The facility, located near major sea and airports, includes over 500,000 square feet of bonded and warehouse space, 80,000 square feet of secured parking space easily accommodating 200 forty-foot trucks, and 170 loading and receiving bays, and can handle around 170 ... [+]

APL Logistics sale complete

Neptune Orient Lines says it had completed the sale of its APL Logistics subsidiary to Japanese forwarder Kintetsu World Express, announced on 17 February. All necessary legal, regulatory and shareholder approvals have been obtained, it said. [+]

Kintetsu to take over NOL forwarding arm

Japan-based forwarder Kintetsu World Express has agreed terms to buy APL Logistics from Singapore's Neptune Orient Lines, for US$1.2 billion, subject to shareholder and regulatory approval. The move would allow NOL to focus on its main liner shipping businesssaid president and CEO, Ng Yat Chung. At the same time strengthen ... [+]

APL Logistics chief to step down

APL Logistics president Jim McAdam is to leave the company later this year to pursue new career objectives. APLL owners NOL said that he will remain with the company until a successor has been named. [+]

APLL to buy out Chinese partners

APL Logistics has signed an agreement with Legend Holdings and Beijing Willway Information Technology to acquire all their shares in APLL-Zhiqin Group, a Chinese joint venture partnership among the three parties. The transaction, expected to close by end of the year, will accelerate Singapore-based APL Logistics’ plans to expand its ... [+]

Quality centre for Bangladesh

APL Logistics has opened a quality assurance centres in Dhaka and Chittagong, Bangladesh, to improve its services to the apparel sector. The global logistics provider’s 30,500-square foot centre is located in Gazipur, Dhaka on the Dhaka-Chittagong highway while the Chittagong facility is located in APL Logistics container freight station, close ... [+]

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