Drop in Pallet Hire Mirrors the Market

PALLET hire company Loscam has warned the level of stock being shipped to discretionary retailers has fallen sharply compared with the same period a year earlier, suggesting a poor outlook for Christmas sales. Loscam chief executive Mark Daniel said the volume of pallets being used by customers servicing the discretionary retail sector was down by [...]

Loscam to Re-Enter New Zealand Market, Offers AdvaNZ Pallet

Following extensive research into the New Zealand market and numerous requests from its Australian and Asian customers, Loscam is in the final stages of planning its re-entry to the New Zealand market. The move into New Zealand represents the first new market entry since Hong Kong based infrastructure group, China Merchants acquired Loscam in July [...]

Loscam Relocates Corporate Head Office to Asia

Dr Fu Yuning, Chairman of China Merchants Loscam and the China Merchants Group, has officially opened the new corporate headquarters, in Causeway Bay, Hong Kong, for China Merchants Loscam, Asia’s leading returnable packaging and pallet hire business. Loscam, which was previously headquartered in Australia, now calls Asia home for its corporate office. The move is [...]

Loscam Partnership Supports Growth at Danone Aqua

Loscam Indonesia is proud to be working with Danone Aqua, the largest producer of water in the world. As Danone Aqua tackles supply chain issues in Indonesia and aims towards some impressive growth targets, we spoke to Bimo Mochammad, supply chain director, to find out more about the company’s future plans and how Loscam can [...]

Pallet Hire: DEXUS and Loscam Team Up for New Super Depot

DEXUS and leading pallet hire business Loscam have teamed up to develop the largest Loscam pallet repair centre in Australia, located at Laverton in Victoria. Loscam will pre-lease the DEXUS industrial for an initial term of 10 years. The 6,534sqm repair centre  – located in Foundation Road – includes 2ha of concrete hard stand and [...]

Loscam Renews Contract with Colgate-Palmolive

Loscam are pleased to announce that their customer Colgate-Palmolive has chosen to renew the contract for their distribution and warehouse management for a further three years. Loscam will partner the 200-year-old world leader of personal care and oral care products until April 2013. Colgate have been an ongoing customer of Loscam’s since the acquisition of [...]

Loscam Sale Bodes Well for China Pallet Pooling Growth

Talking to Australian contacts this week, the sale of Loscam to Hong Kong based, PRC state-owned China Merchants Group has generated a level of excitement about the potential synergies that might be provided to facilitate Loscam’s growth in the People’s Republic of China, while potentially making more resources available to other operating regions. The sale [...]

CHINA MERCHANTS GROUP ACQUIRES LOSCAM

The Board of Loscam is pleased to announce that Hong Kong based China Merchants Group has completed the acquisition of Loscam. Loscam is a leading pallet pooling company with strong market position in Australia and other Asian countries, including Thailand, Indonesia, Singapore, the Philippines, Hong Kong, Vietnam, Malaysia and China. After the acquisition, the existing [...]

More on Australian Pallet Rental and Loscam – Loscam Leader Magazine

Interested in finding out more about Loscam? Check out their latest edition of their Loscam Leader customer publication here. Follow this link to the Loscam Leader.

PEP, CHAMP on short list to buy Loscam – sources

Loscam is not only Australia’s second pallet rental pool after CHEP, but also has established a strong presence in South Asia. The following report from Reuters covers the recent activity around the potential sale of Loscam by its owner, Affinity Equity Partners. MELBOURNE, April 23 (Reuters) – Australian private equity firms Pacific Equity Partners and [...]