Contracts logistics supply chain procurement

India - India's largest airline Jet Airways is reportedly in talks with multinational logistics firm FedEx to launch a cargo airline.

Singapore – Jetstar has signed a US$3.5 billion deal with aircraft engine maker International Aero Engines (IAE).

Singapore - Singapore-based Mapletree Logistics Trust has acquired supply chain management company CEVA's warehouse in Changi for US$27.24 million for lease back.

Australia – The contract is worth some 350 million euros (US$500 million) under which DB Schenker will provide worldwide and national transport for the Gorgon Project.

Malaysia – Qantas-owned low cost carrier Jetstar and Malaysia’s AirAsia have formed a venture for joint procurement opportunities.

Thailand - Damco clinched two deals to manage warehouse operations for international brands AB Food & Beverages and Michelin in Thailand.

Global - DHL and Tie Rack's US$1.7 million contract renewal will see the two partnering up on warehousing services and using a new consolidation centre in Hong Kong.

Global - Orders for ships being delayed or postponed is starting to show in the order book, according to a Baltic and International Maritime Council study of the 5,705 ship orders.

Hong Kong – Hong Kong-based global consumer goods supply chain management company Li & Fung signed a global sourcing strategic partnership for Hudson’s Bay Trading Company’s four main retail banners, the Bay, Zellers, Home Outfitters and Lord & Taylor.

Singapore - Making up 50% of all revenue in Asia Pacific, strong growth in China has prompted Zebra to switch its manufacturing operations from Chicago and California to GuangZhou, China. Andrew Tay, president (Asia Pacific) tells us how better skill sets in China and more sophisticated supply chains helped ease the relocation process.