Friday, October 13, 2017

The Friday Freight and Logistics News Round Up

Our Weekly Compilation of Items from the Industry
Shipping News Feature
UK – London-based spectacle and sunglasses manufacturer and retailer, Cubitts, has outsourced key parts of its UK supply chain to Berkshire-based Walker Logistics. Walker will initially be handling two parts of the supply chain; after receiving inbound product from the Far East, Walker will replenish cases and accessories to Cubitts' London shops in either component form or as complete kits that have been processed through Walker’s specialist re-work division.

Going forward, Walker will support the ‘Home Try On’ service that Cubitts offers to its customers. The service allows Cubitts’ internet clients to trial four spectacle frames at home for a week. The frames are picked and packed and sent direct to the customer’s address, then the customer places their order and returns all four trial frames to Cubitts. William Walker, Sales Director of Walker Logistics, commented:

“Cubitts’ free ‘Home Try On’ facility means that they need a logistics partner with a strong track record of managing value-added services and returns. We are very pleased to be working with Cubitts. We beat off competition from a number of different logistics operators in the industry to win the business, which is tremendous testimony to the quality of our service.”

UK – This October, Gideon Hillman Consulting proudly celebrate their thirteen-year anniversary. The logistics consultants continue to grow with a total of over 40 consultancy projects won so far this calendar year and also sponsored the UKWA Awards for ‘Warehouse Manager of the Year’. The company states it is committed to improving standards throughout the industry into the future.

US — XPO Logistics has been named the top performing US company on the Forbes 2017 Global 2000. The Forbes Global 2000 list ranks public companies according to annual growth in four metrics: sales, profits, assets and market value. Troy Cooper, Chief Operating Officer of XPO Logistics, said:

"We’re honoured to be recognized by the Forbes Global 2000 as the US leader among the world’s top brands. Our goal is to always be the best at what we do, and the growth follows. This ranking is a testament to the passion we have for continuously building value for our customers, employees and investors.”

US – Hyperloop One, the new experimental transportation system that has the potential to revolutionise the freight industry if it can be made to work, has acquired a major investor in the shape of Richard Branson and his Virgin Group. Branson is also joining Hyperloop One’s Board of Directors.

As part of the partnership, the company’s name will be changing to Virgin Hyperloop One but the company still plans to work with a variety of operators globally.

TAIWAN – The U-Freight Group (UFL) is expanding its presence in Taiwan. The Hong Kong-based freight forwarding and logistics company has established U-Freight Logistics in Taiwan as part of the group's ongoing development of e-commerce logistics services around the world.

The new Taiwanese company is based in Taipei and will be an independent subsidiary of the U-Freight Group, working alongside the group's partner in the country, U-Freight Taiwan, which has been in operation for over 30 years offering traditional air, ocean, and overland freight forwarding services. The company’s CEO, Simon Wong, said:

“For some time, U-Freight has been showing its commitment to developing logistics services for the e-commerce market. The decision to invest in a new subsidiary in Taiwan that will focus on the country's growth in the e-commerce arena is a further demonstration of our commitment to delivering the type of logistics services that will be required as a result of the wholesale change in the way that manufacturers, wholesalers, retailers and consumers are coming to the market.”