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Applying technology in logistics and e-commerce will bring many benefits, thus optimising the efficiency of these two sectors, and contributing to reducing logistics costs for the entire economy, heard a workshop in Hanoi on May 16.
CTP, continental Europe’s largest listed developer and administrator of industrial and logistic spaces, has leased, for a five-year period, an area of 19,000 square meters of logistic spaces in CTPark Bucharest to Yusen Logistics Romania, the local subsidiary of Yusen Logistics, a global leader in logistics.
Located in a strategic area, the logistics hub will serve as a regional distribution center for the automotive industry. With the support of the CBRE expertise team and the landlord, Yusen Logistics (Romania) will benefit from competitive rental rates in a growing market for the contractual period of five years.
Enterprise Carrier Management (ECM) company, Global Freight Solutions (GFS), has been acquired by industry-leading e-commerce fulfilment specialists, ILG (International Logistics Group Ltd), part of the Yusen Logistics/NYK group of companies.
The warehouse is likely to be one of the first at the Northampton Gateway rail freight terminal.