DHL pours $140 million into China warehouse development

DHL Supply Chain | November 20, 2014

DHL Supply Chain will expand its warehousing and transport capabilities in China by 50 percent over the next three years, investing $140 million in modern logistics facilities across the country to address huge demand for services from inland cities.The contract logistics specialist is expanding its network in China by building six logistics facilities scheduled for completion in 2020. The confirmed locations are Guangzhou, Hangzhou, Wuhan, Shenyang, Shenzhen, and Shanghai Waigaoqiao Free Trade Zone.It brings to $272 million the amount of investment DHL has made in its China strategy in the past two years.Oscar de Bok, chief executive officer of DHL Supply Chain Asia Pacific, said China was a key driver of the business and the strategy was gaining traction.

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LOGISTICS

Red Arts Capital, Top Supply Chain and Logistics PE Firm, Acquires First-in-Class Contract Packaging Business

Coregistics | June 27, 2022

Chicago-based private equity firm, Red Arts Capital, announced the acquisition of Coregistics, an award-winning, contract packaging services provider known for its flexibility and sophisticated systems. For Red Arts Capital, the deal comes on the heels of its most recent deal, the sale of the 104 year old trucking company MME to trucking industry titan Knight-Swift, for $150M. Coregistics is a leading national provider of packing-centric supply chain solutions including package and process design, materials sourcing and procurement, contract packaging, and distribution (3PL Services). The company is based in Acworth, GA and operates out of 17 facilities across the United StatesFounded in 2011, Coregistics serves domestic customers consisting primarily of CPG, food & beverage, and service parts. The company’s top customers, many of which are household names in their respective sectors, lean on Coregistics for scalable solutions for introducing their unique products to retail. Coregistic’s services span warehousing, fulfillment, e-commerce and direct-to-DC to direct-to-retail, direct-to-consumer, parcel, freight management, and last parcel sectors. The company has eleven client-embedded locations and operates out of a footprint of nearly three million square feet across its seventeen locations. Coregistics service offering fits squarely within Red Arts’ sector focus and investment approach in the supply chain space. Red Arts utilizes a thematic-driven process to investing, and has had a thesis in the contract logistics space for a number of years. The Red Arts team believes that past success and continued growth in e-commerce will positively impact packaging services demand, and Coregistics is well positioned to provide much needed third-party logistics services in the U.S. market. Chad Strader, Co-Founder and Managing Partner of Red Arts Capital, and a seasoned supply chain industry veteran, believes the addition of Coregistics to the Red Arts portfolio will be extremely beneficial for both parties. “The Coregistics team has demonstrated an extraordinary track record of excellence in contract logistics and packaging, which we believe stems from a team and culture laser-focused on high-quality service, We believe that Coregistics’ culture uniquely positions them to benefit from the growing range of packaging needs spurred by continued e-commerce developments. We are excited to be in partnership with them.” -Chad Strader, Red Art’s Co-founder and Managing Partner. Our culture is central to everything we do and is the foundation for the best-in-class service our team provides to our customers every day,said Eric Wilhelm, Coregistics’ Chief Executive Officer. The team at Red Arts Capital shares our belief in the importance of culture, dedication to excellence and best-in-class service and we are excited to welcome them as our new partner as we continue to grow our Company. Since the firm’s inception in 2015, Red Arts Capital has been a private equity leader in supply chain and logistics investing. The firm is led by Co-founders and Managing Partners, Chad Strader and Nicholas Antoine. Since founding the firm, Chad and Nick have overseen major investments in Sunset Pacific Transportation, Radius Logistics, and now Coregistics, as well as two exited deals in Midnight Express and Midwest Motors Express. Red Arts Capital is not only a historically successful PE firm, but one of the few firms that are black-founded and black-owned. Only 12 of the projected 4,500 PE firms in the U.S. are owned by African Americans.1 Brightwood Capital Advisors provided debt financing for the transaction and Greenberg Traurig, LLP served as legal counsel for Red Arts Capital. Republic Partners served as financial advisor to Coregistics in the transaction. Red Arts Capital Based in Chicago, Illinois, Red Arts Capital is a leading investment firm focused on supply chain-related, transportation and logistics businesses. Red Arts Capital seeks to partner with and invest in privately-owned, primarily family-owned, and multi-generational businesses with solid business fundamentals and a strong track record and reputation. With sector expertise and a commitment to stewardship and excellence, Red Arts Capital’s approach earns the firm a trusted seat at the table with portfolio companies, investors and partners. For more information about Red Arts Capital, please visit ​​www.redartscapital.com.

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LOGISTICS

J&T Express Launches Network in Egypt, Further Expanding Global Footprint

J&T Express | June 22, 2022

J&T Express ("J&T"), an international express logistics company, announced that it has officially launched its network in Egypt. This is another major step in J&T's expansion in the Middle East North Africa (MENA) region, following the Company's launch of the network in the UAE and Saudi Arabia and announcement of establishing a smart logistics park in Riyadh. This latest expansion brings J&T Express' global network coverage to a total of thirteen countries, expanding its global delivery network to Africa markets beyond Asia and Latin America.E-commerce in the MENA region is fast catching up with global powerhouses. Egypt, as the most populous Arabic country, represents one of the most diversified economies in the MENA region. The total revenue of ecommerce in Egypt reportedly reached $5 billion in 2021. In line with the National e-Commerce Strategy, Egypt aspires to harness the power of e-commerce to help catalyze innovation, growth, and social prosperity in the digital economy. The rapidly growing e-commerce market presents significant opportunities for the express logistics industry. J&T Express has established one sorting center and 10 distribution centers, with its distribution network covering the full country except the North Sinai military command area. Following the company's entry into Latin America earlier this year, it is an important step for the company to continue to further cultivate emerging markets and expand its strategic global footprint. "J&T is an independent e-commerce enabler, offering express delivery solutions to leading e-commerce platforms. By leveraging our expertise of providing efficient and convenient services through our growing global operation network, J&T Express is set to contribute to the faster development of e-commerce in the MENA market and the launch in Egypt bears testament to our commitment to the region." -Charles Hou, Group Vice President of J&T Express Patrick Chen, Head of J&T Express Egypt, said, In view of rapidly increasing internet penetration, the Egyptian market is well-positioned to tap on existing opportunities to further e-commerce development. J&T Express is excited to establish a refined service network in Egypt and offer an efficient, convenient and quality logistics experience to local retailers and customers. With its network launch in Egypt, J&T Express' network now spans thirteen countries including Indonesia, Vietnam, Malaysia, the Philippines, Thailand, Cambodia, Singapore, China, Saudi Arabia, the UAE, Mexico, Brazil and Egypt, and serves over 2.5 billion people. About J&T Express J&T Express is a global logistics service provider with leading express delivery businesses in Southeast Asia and China, the largest and fastest-growing market in the world. Founded in 2015, J&T Express' network spans thirteen countries, including Indonesia, Vietnam, Malaysia, the Philippines, Thailand, Cambodia, Singapore, China, Saudi Arabia, the UAE, Mexico, Brazil and Egypt. Adhering to its "customer-oriented and efficiency-based" mission, J&T Express is committed to providing customers with integrated logistics solutions through intelligent infrastructure and digital logistics network, as part of its global strategy to connect the world with greater efficiency and bring logistical benefits to all.

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LOGISTICS

Q&L Industrial Services to Support Logistics Processes with Infor

Infor | July 06, 2022

Infor, the industry cloud company, today announced that Q&L Industrial Services, a third-party logistics (3PL) provider headquartered in Slovakia, is migrating to the Infor WMS warehouse management cloud solution to improve performance of stock operations. Q&L expects the new system to provide additional benefits in speed and accuracy for its customers. With its current system, Q&L got to a vendor-lock situation with long lead times while needing to improve flexibility quickly with the current volatile and unpredictable markets. The Infor cloud solution will provide a complete, functional system with faster implementation and time to value. Q&L is planning the initial Infor WMS go-live at a pilot warehouse in mid-summer. The next big warehouse deployment will follow in the autumn. Infor WMS will cover all processes from receiving and put-away to picking, loading, and shipping. The company also is going to integrate Infor WMS with its AGV (automated guided vehicles) systems. "We were looking for an easily scalable and flexible system that can be customized by ourselves, Infor WMS provides the necessary scalability and implementation speed we need for adding new customers. We also appreciate its ability to smoothly integrate with existing logistics systems and operations." -Štefan Homza, CEO of Q&L Industrial Services About Q&L Industrial Services Q&L is a third-party logistics (3PL) provider with a fully integrated and personalized range of services. The group offers robust, stable and predictable customer solutions including preliminary analysis and guarantees 100% match during execution, when responsibility for daily operations is handed over to the team of experts. The group with more than €30 million annual revenues includes four companies and employs more than 800 qualified people. Visit https://www.qlis.eu/#home About Infor Infor is a global leader in business cloud software specialized by industry. We develop complete solutions for our focus industries, including industrial manufacturing, distribution, healthcare, food & beverage, automotive, aerospace & defense, and high tech. Infor's mission-critical enterprise applications and services are designed to deliver sustainable operational advantages with security and faster time to value. We are obsessed with delivering successful business outcomes for customers. Over 60,000 organizations in more than 175 countries rely on Infor's 17,000 employees to help achieve their business goals. As a Koch company, our financial strength, ownership structure, and long-term view empower us to foster enduring, mutually beneficial relationships with our customers. Visit www.infor.com.

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TRANSPORTATION

Majestic Steel USA Acquires Quicken Steel and Mercury Transport

Majestic Steel USA | July 15, 2022

Majestic Steel USA, Inc. ("Majestic"), a leading provider of supply chain solutions and prime flat-rolled steel products across North America, has completed two strategic acquisitions in manufacturing and logistics. Quicken Steel LLC, a manufacturer of steel buildings and components based in Claxton, Georgia, and Mercury Transport Inc., a transportation company based in Pittsburg, California, will become wholly owned divisions of Majestic Steel USA, Inc. Quicken Steel will continue to operate independently while using Majestic resources to create synergies. With a niche in providing short lead-times and the quick installation of steel buildings, it's a downstream opportunity that aligns with Majestic's approach to growth and innovation. The acquisition of Mercury Transport is a follow-on investment to Majestic's 2021 acquisition of Merit Steel USA, a West Coast based steel service center with locations in Pittsburg, CA, Fontana, CA, and Longview, WA. "These strategic investments further Majestic's commitment to customer service, supply chain reliability, and innovation in steel. Quicken Steel is an opportunity for us to provide our existing solutions downstream where we believe steel is critical to the future of building. We were attracted to their growth-oriented business model, focus on short customer lead-times, and commitment to sustainability. These acquisitions build on our 2021 investments as we continue to expand our footprint across North America." -Todd Leebow, President & CEO of Majestic Steel USA About Majestic Steel USA Majestic Steel USA, founded in 1979 and headquartered in Cleveland, Ohio, is a privately held and family owned provider of supply chain solutions and prime flat-rolled steel products. Majestic serves its customers in manufacturing, construction and distribution from its network of locations throughout North America. Majestic is a leader in the domestic steel industry with a vision of innovation. Majestic believes steel is critical to American industry and the economy, and continues to supply quality products and the best customer experience

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Spotlight

There is a multitude of advantages that businesses can realize by outsourcing their supply chain management and logistics needs to a value-added third-party logistics (3PL) provider. That’s why today we’ll give you the 5 benefits of working with a 3PL. So let’s give you 5 things, real Fast!

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