Hong Kong-based third-party logistics services provider U-Freight Group said it’s making investments to redevelop a number of warehouses in its network to better accommodate the future needs of the e-commerce business.
Hong Kong-based third-party logistics services provider U-Freight Group said it’s making investments to redevelop a number of warehouses in its network to better accommodate the future needs of the e-commerce business.
“The warehousing requirements and operational methods that underpin e-commerce logistics can be subtly different to those that are required by the traditional general cargoes that we handle,” said Simon Wong, U-Freight’s chief executive officer, in a statement. “That is why we are planning significant investment in equipment, pick-and-pack areas, low-level racking and mezzanine floors in many of our warehouses.”
While the company did not reveal how much money it plans to invest overall in refurbishing its warehouses, it said it will first focus on those in the Asian markets, namely Hong Kong, China, the Philippines, Singapore and South Korea.
“Already, we have started the re-equipping and redevelopment of some of our multiple facilities in Hong Kong as this is a natural gateway for the massive boom in the volume of goods bought via online shopping or overseas agents by consumers in China,” Wong said.