Business Daily Media

.

GEODIS expands offering to retail sector with new lease on multi-user facility in Shanghai’s Minhang District

A 10-year lease on the facility will continue to grow GEODIS’ presence in China and offer logistics solutions for the growing e-commerce industry

SHANGHAI, CHINA - Media OutReach - 15 March 2023 - GEODIS, a global leader in the transport and logistics sector, has signed a 10-year lease agreement with PRD Group for a 20,000 square-meter multi-user facility in Minhang district, Shanghai.

The facility is set to bolster GEODIS' contract logistics capabilities for retail partners, providing improved storage and inventory processing to support the fast-growing e-commerce industry that is expected to be worth USD 2 trillion in Asia Pacific by 2025 [1].

GEODIS China Shanghai MinHang warehouse for Contract Logistics-web.jpg

The new facility is slated to officially open to GEODIS' customers in July 2023 and will include a state-of-the-art storage system, consisting of mezzanine flooring, Very Narrow Aisle (VNA) pallet racks, and racking served by Autonomous Guided Vehicles (AGV). The facility will provide the space needed to support large merchandise inventory as well as inbound and outbound procedures. At peak capacity, the site will be able to manage an inventory of close to 20,000 Stock-Keeping Units (SKU). This will include having the space to process up to 300,000 lines per day for GEODIS' Business-to-Consumer (B2C) customers, in addition to approximately 15,000 lines per day for its Business-to-Business (B2B) clientele.

"Retailers today are facing a dynamic environment, where the rise of e-commerce and omnichannel platforms are changing consumer demands for goods and services. Our goal as a logistics provider is to support our customers – and theirs – by meeting these demands. With this strategic partnership with PRD Group, GEODIS will be tapping into the developed multi-user facility in Shanghai to optimize retail supply chains and provide innovative solutions that not only match but exceed the standards of service required by our retail partners to better serve their customers," said Onno Boots, Regional President & CEO, GEODIS Asia Pacific and Middle East. "We are excited to work closely with our partners to integrate GEODIS' operations into the facility in 2023 and continue our ongoing journey to being the strategic logistics partner of choice in the region."

As part of this facility, retail customers can also expect Value-Added Services (VAS) such as packaging and re-packaging, re-labeling, quality control as well as the handling of return shipments and reclamations.

Aligning with GEODIS' commitment of advancing sustainable supply chain growth, the lease will also provide the company access to concrete processes that manage carbon emissions, including the use of sustainable construction materials for the warehouse façade, LED lights and motion sensors, automatic energy consumption monitoring systems, which actively keep track of electricity usage, as well as energy-efficient air conditioners. These features in the developed site have been certified 'Platinum' by the Leadership in Energy and Environmental Design (LEED) rating system, the highest level of accreditation within the most widely used green building rating system in the world. To complement these, GEODIS' delivery fleet within the district will also consist of electric vans for urban delivery.


Hashtag: #GEODIS

The issuer is solely responsible for the content of this announcement.

GEODIS – www.geodis.com 

GEODIS is a leading global logistics provider acknowledged for its expertise across all aspects of the supply chain. As a growth partner to its clients, GEODIS specializes in five lines of business: Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, and Road Transport. With a global network spanning nearly 170 countries and more than 49,400 employees, GEODIS is ranked world no. 6 in its sector. In 2022, GEODIS generated €13.7 billion in revenue. GEODIS is a company owned by SNCF group.

News from Asia

MetaTrust Labs Announces Strategic Partnership with BingX

SINGAPORE - Media OutReach - 14 March 2023 - MetaTrust Labs (short for "MetaTrust"), founded by the globally renowned research team in Web3 developer security tools, is pleased to announce it has...

Indonesia Metaverse Collaboration Initiative was launched at MWC 2023 Barcelona as a Step Forward in the Metaverse Industry

JAKARTA, INDONESIA - Media OutReach - 14 March 2023 - Indonesia has made a significant move towards becoming a major player in the global metaverse industry with the launch of its Indo...

VinBrain becomes NVIDIA Inception Premier Member

HANOI, VIETNAM - Media OutReach - 14 March 2023 - VinBrain has become a Premier member of NVIDIA Inception, a global program that provides cutting-edge startups with access to accelerated compu...

Dachser acquisition in Australia and New Zealand

The takeover of air and sea freight forwarder ACA International adds six locations Down Under to the company’s own Air & Sea Logistics (ASL) network HONG KONG SAR - Media OutReach - 15 March...

Prudential plc Full Year 2022 Results

A Resilient Performance In 2022, Well Positioned For Opportunities In 2023 And Beyond HONG KONG SAR - Media OutReach - 15 March 2023 - Performance highlights for the continuing business on ...

TUMI Unpacks Tomorrow with Reimagined Voyageur Collection featuring Reneé Rapp

HONG KONG SAR - Media OutReach - 15 March 2023 - TUMI, the leading international travel and lifestyle brand, is celebrating its iconic Voyageur collection with the latest instalment of its Unpack...

Plug in and you’re ready to stream: Sennheiser Profile USB microphone provides ease of use and best-in-class audio

WEDEMARK, GERMANY - Media OutReach - 15 March 2023 - Today, Sennheiser is launching the Profile USB microphone, a cardioid condenser microphone that presents an easy and stylish solution for str...

GEODIS expands offering to retail sector with new lease on multi-user facility in Shanghai’s Minhang District

A 10-year lease on the facility will continue to grow GEODIS’ presence in China and offer logistics solutions for the growing e-commerce industry SHANGHAI, CHINA - Media OutReach - 15 March 2023...

VinFuture Foundation Launches Science and Technology Webinar Series "InnovaTalk 2023"

HANOI, VIETNAM - Media OutReach - 15 March 2023 - The VinFuture Foundation has officially launched the InnovaTalk 2023 webinar series, covering highly applied fields such as agriculture, heal...

Rhenus Air & Ocean Joins Clean Cargo, A Global Program for Sustainable Container Shipping

As part of the Smart Freight Centre Community, the partnership demonstrates the ongoing commitment of Rhenus towards driving a more sustainable supply chain and exchanging industry best practices. ...

Business Reports

How Hotels Can Increase Bookings And Reduce Costs

The hotel industry is competitive. No matter how steep the competition is, there are always strategies you can implement to see positive changes. By leaning on technology, you can reduce costs and increase your bookings while op...

Hybrid workers are exercising more, sleeping longer and eating better

A new study has revealed that hybrid working is leading to a healthier workforce, with more time being dedicated to exercise, sleep and healthy eating. Research among more than 2,000 hybrid workers by IWG, the world’s leadi...

What is the National Cybersecurity Strategy? A cybersecurity expert explains what it is and what the Biden administration has changed

The federal government has a lot of cybersecurity resources, but the private sector plays a key role in national cyber defense.U.S. governmentThe Biden administration released its first National Cybersecurity Strategy on March 2, ...