Latest news with #Logistics
Trade Arabia
3 days ago
- Business
- Trade Arabia
Borouge and Alfred Talke win big at GPCA supply chain awards
The Gulf Petrochemicals and Chemicals Association (GPCA), the voice of the chemical industry in the Arabian Gulf, has announced the winners of the 6th GPCA Supply Chain Excellence Awards, which took place at a star-studded award ceremony held in Dubai. Abu Dhabi–based petrochemicals company Borouge and Alfred Talke, a global leader in chemical logistics, and TruKKer, a key logistics and fleet management platform, have won big at the Awards along with DP Worls, Almajdouie & De Rijke Limited. A key highlight was the Women in Supply Chain Award which was clinched by Sara Alhababi of Sadara Chemical Company. The winners were presented the award during the 16th GPCA Supply Chain Conference held yesterday (May 27) at the Address Sky View Hotel, Dubai. The Awards were open to all regional chemical supply chain and logistics operators and providers, who have developed and integrated innovative and sustainable solutions in their operations. It attracted a total of 38 submissions from 20 companies across the GCC. An esteemed panel of judges comprising leading industry experts shortlisted finalists across four award categories: Supply Chain Innovation, Best LSP of The Year, Excellence in Sustainability, and Women in Supply Chain. The winners and finalists at this year's Awards are: Category 1: Supply Chain Innovation Award *Winner: Borouge for 'Value Chain Optimization and Digitalization of Sales & Operations Planning (S&OP) Using AI' *Runner up: Almajdouie & De Rijke Limited Co. (MdR) for 'Operations and Maintenance of Radio Shuttle Racking System' Category 2: Best Logistics Service Provider (LSP) of the Year *Winner: Alfred Talke, a global leader in chemical logistics *Runner up: DP World Category 3: Excellence in Sustainability Award *Winner: TruKKer for 'Sustainable Logistics through Electric Truck Integration and Backhaul Optimization' *Runner up: Borouge for 'Reducing GHG emissions by transforming the Supply Chain Transportation Network' Category 4: Women in Supply Chain Award *Winner: Sara Alhababi, Sadara Chemical Company *Runner up: Alhanof Ahmed Al-Buainain, Sipchem Lauding the winners, Dr Abdulwahab Al Sadoun, Secretary General, GPCA, said: "An inspiring ingenuity, great commitment to excellence, and dedication to advancing supply chain operations in the GCC were demonstrated across all nominations we received. "While there could be only one winner in each category, every nominee showcased outstanding achievement and hard work, reflecting the region's drive for supply chain excellence," he stated.
Independent Singapore
20-05-2025
- Business
- Independent Singapore
Singapore customers can now drop off FedEx parcels at any SingPost POPStop counter and POPStop@Tampines MRT
Photo: Facebook/Singapore Post SINGAPORE: Federal Express Corporation (FedEx) and Singapore Post (SingPost) have expanded their collaboration to make sending international parcels easier for Singapore customers. Customers can now drop off their FedEx parcels at any SingPost post office POPStop counters and POPStop@Tampines MRT, increasing the number of FedEx drop-off locations from just six to 43, the postal service provider said in a press release on Monday (May 19). The islandwide rollout followed a pilot programme in September 2023 at six SingPost POPStop counters, including Tampines, Punggol, Marine Parade, Woodlands, Raffles Place, and Jurong. Parcels left at these locations will then be transferred to FedEx daily. Customers do not need to fill out additional paperwork or pay any extra charges. FedEx Singapore managing director Eric Tan said, 'Expanding our collaboration with SingPost enhances the accessibility and convenience of our international shipping services across Singapore. By leveraging SingPost's extensive postal network, we are making it easier and more convenient for customers to access FedEx services.' With this move, FedEx now has more than 410 drop-off points in Singapore, including SingPost's Parcel Santa lockers, which are located in condominiums. /TISG Read also: SingPost completes sale of Australian logistics business for about S$845M
Yahoo
18-05-2025
- Business
- Yahoo
The Return Trends At FedEx (NYSE:FDX) Look Promising
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. So when we looked at FedEx (NYSE:FDX) and its trend of ROCE, we really liked what we saw. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. The formula for this calculation on FedEx is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.094 = US$6.7b ÷ (US$85b - US$14b) (Based on the trailing twelve months to February 2025). So, FedEx has an ROCE of 9.4%. In absolute terms, that's a low return and it also under-performs the Logistics industry average of 13%. Check out our latest analysis for FedEx In the above chart we have measured FedEx's prior ROCE against its prior performance, but the future is arguably more important. If you'd like, you can check out the forecasts from the analysts covering FedEx for free. FedEx is showing promise given that its ROCE is trending up and to the right. More specifically, while the company has kept capital employed relatively flat over the last five years, the ROCE has climbed 1,091% in that same time. Basically the business is generating higher returns from the same amount of capital and that is proof that there are improvements in the company's efficiencies. It's worth looking deeper into this though because while it's great that the business is more efficient, it might also mean that going forward the areas to invest internally for the organic growth are lacking. In summary, we're delighted to see that FedEx has been able to increase efficiencies and earn higher rates of return on the same amount of capital. And a remarkable 114% total return over the last five years tells us that investors are expecting more good things to come in the future. So given the stock has proven it has promising trends, it's worth researching the company further to see if these trends are likely to persist. On a final note, we've found 1 warning sign for FedEx that we think you should be aware of. While FedEx isn't earning the highest return, check out this free list of companies that are earning high returns on equity with solid balance sheets. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
18-05-2025
- Business
- Yahoo
Singapore Post Full Year 2025 Earnings: EPS Beats Expectations, Revenues Lag
Revenue: S$813.7m (down 52% from FY 2024). Net income: S$230.3m (up 242% from FY 2024). Profit margin: 28% (up from 4.0% in FY 2024). EPS: S$0.098 (up from S$0.03 in FY 2024). We've discovered 2 warning signs about Singapore Post. View them for free. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 59%. Earnings per share (EPS) exceeded analyst estimates. Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 7.3% growth forecast for the Logistics industry in Asia. Performance of the market in Singapore. The company's shares are down 8.0% from a week ago. Before you take the next step you should know about the 2 warning signs for Singapore Post (1 is concerning!) that we have uncovered. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
South China Morning Post
16-05-2025
- Business
- South China Morning Post
Midea, ZTO Express to join Hang Seng Index on June 9 after quarterly review
Hang Seng Index compiler added Midea Group, China's biggest maker of home appliances, and logistics operator ZTO Express to Hong Kong's stock benchmark, enlarging the number of constituents to 85 following a regular quarterly review. Advertisement Midea and ZTO would join as benchmark index members after the close of trading on June 6, with an estimated weighting of 0.33 per cent and 0.44 per cent, respectively, Hang Seng Indexes said in a statement on Friday. No stock was removed in the review. The changes would be effective on June 9, it added. Elsewhere, the compiler decided to add China's biggest electric-vehicle maker BYD to the Hang Seng Tech Index and remove China Literature from the membership. There were no changes to the Hang Seng China Enterprises Index, a gauge tracking 50 of mainland's biggest companies traded in Hong Kong. The Hang Seng Index has risen about 15 per cent this year amid bets China will introduce more economic stimulus to shore up the economy amid a tariff war with the US. The index has recouped all the losses triggered by US President Donald Trump's so-called reciprocal tariff in early April, following a tentative truce in Geneva this week. The index dropped 0.5 per cent to 23,345.05 on Friday, paring the week's gain to 2.1 per cent, while the Tech Index retreated 0.3 per cent. Advertisement Midea has risen 4.4 per cent this year to HK$77.90 in Hong Kong, while ZTO has declined 4.3 per cent to HK$143.70. BYD has advanced 68 per cent to HK$434.20, according to Bloomberg data.
