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TRANSPORT NEWS WORLDWIDE
* USA - Suspends China's cargo airline operations
USA -Transport Intelligence (UK) -21 August 2006: -- In a warning of the hazards of doing business in China, Singapore International Airlines and the Singapore State investment vehicle Temasek have had the operations of their joint venture cargo airline Great Wall Airlines suspended by the US Government... The cause is accusations by the US Government that Great Wall Industries has been supplying the government of Iran with components for missiles with the potential for use as nuclear weapons. This would be in contravention of the US arms embargo on Iran as well as international treaties such as the Nuclear Non-Proliferation Treaty... Great Wall Industries Corporation is a state owned company with diverse industrial interests including an important role in China’s satellite launching activities...
* China - IDS to acquire in US fashion logistics sector
Hong Kong,China -Transport Intelligence (UK) -21 August 2006: -- Hong Kong based Integrated Distribution Services Group Limited (IDS) has announced its signing of a non-legally binding Memorandum of Understanding for the acquisition of the apparel logistics business of Impac Logistics Services LLC and affiliates, a US-based third-party garment logistics provider...
* China - DHL offers to purchase outstanding Blue Dart shares
Singapore,China -Transport Intelligence -21 August 2006: -- DHL has offered to purchase the shares in Blue Dart Express Ltd it does not already own, and delist the Indian express company in a step to strengthen its market position in one of the world's fastest-growing markets. The operator, via its Singapore subsidiary DHL Express Pte Ltd, currently owns 81.03% of Blue Dart...
* Germany - DHL Exel expands into industrial sector
Saarland,Germany -Transport Intelligence -21 August 2006: -- On Aug. 1, 2006, Deutsche Post World Net subsidiary DHL Exel Supply Chain took over the Hirschbach logistics centre of mining company Deutsche Steinkohle AG (DSK), located in the German...
* Vietnam - DHL strike deals in
HoChiMin,Vietnam --Transport Intelligence -23 August 2006: -- DHL are continuing their expansion into Asia, announcing their latest joint ventures in Vietnam... DHL has initialled an agreement with the Vietnamese Post and Telecommunications Group and the Ministry of Planning and Investment to establish a joint venture for Express Parcel services. DHL hopes the joint venture will enable it to establish its own operations throughout Vietnam...
* USA - Express companies benefiting from increased airport security
USA -Transport Intelligence -22 Aug 2006: -- It seems that the international express parcels industry could be benefiting from the latest security procedures being introduced at airports throughout the world. One retail franchise, Mail Boxes Etc. (MBE is a UPS company), has revealed that many passengers are choosing to send valuables by courier rather than risk loss or theft in checked-in luggage...
* Germany - Alfred Talke buys out Hoyer from joint venture
Huerth, Germany -Transport Intelligence (UK) -22 August 2006: -- Alfred Talke GmbH, has acquired the holding of Hoyer GmbH, Hamburg in their joint venture HOYER-TALKE allowing it to extend its dry bulk activities. For Hoyer, the sale of its shares is another move within its strategic reorientation and concentration on defined focus areas of business. The price of the transaction was not disclosed...
* Luxembourg - Thiel returns to profit in second quarter
Luxembourg -Transport Intelligence (UK) -22 August 2006: -- In the first half of 2006, Thiel Logistik returned to profitability with a net result of €4.2 million (2005: -€6.6 million)... As expected, tougher market conditions and the previously announced sales declines due to the loss of individual large contracts slowed the first quarter’s momentum in the second quarter...
* USA - BNSF Logistics wins Amazon.com contract
Seattle, Wash.,USA -Transport Intelligence (UK) -22 August 2006: -- BNSF Logistics, has announced that Amazon.com has selected the US provider for a comprehensive logistics management programme... Amazon.com, will utilize the services of BNSF Logistics to enhance visibility and reduce cost by coordinating and managing inbound transportation from select vendors to Amazon fulfillment centers in North America. In support of the solution, BNSF Logistics will identify and implement cross-dock facilities as part of their supply-chain solution...
* Germany - Schenker tests new RFID technology for sea freight
Germany -Transport Intelligence (UK) -22 August 2006: -- Deutsche Bahn subsidiary Schenker has announced that it is testing the suitability of new technology in global transport. At the Port of Hamburg it has put into service ten containers equipped with RFID (Radio Frequency Identification) technology. This is the first step in a practical test to examine the suitability of new security technology for global freight transport. The new containers will be used in a shuttle service between Hamburg and Hong Kong...
* USA - FedEx, too, strike deals in Vietnam
USA -Transport Intelligence (UK) -23 August 2006: -- FedEx has also made an agreement with Vietnamese Post and Telecommunications group for the Vietnamese company to act as its agent... The VNPT subsidiary, Post Office Express, will represent FedEx’s Air Cargo operations throughout Vietnam. The contract is for the next three years...
* Denmark - APM Terminals joins COSCO in joint venture
Denmark -Transport Intelligence (UK) -23 August 2006: -- APM Terminals, the terminal arm of the A.P. Moller – Maersk Group has joined COSCO Pacific in a joint venture to develop, own and operate the Guangzhou Nansha Phase-2 Container Terminal, together with the Guangzhou Port Group... The Port of Guangzhou is uniquely positioned at the mouth of the Pearl River to serve the booming trade of Guangzhou. Guangzhou’s container throughput in 2005 was 4.68 million TEU, ranking No. 6 in Mainland China and No. 18 in the world...
* New Zealand - Forwarder moves to SDV from Schenker
Christchurch,New Zealand -Transport Intelligence -23 August 2006: -- Logistics company S B Global Logistics has signed a new network agreement with French forwarder SDV International Logistics...
* Denmark - DFDS expands into India
Copenhagen,Denmark -Transport Intelligence (UK)-23 August 2006: -- DFDS Transport Air & Sea has established a joint venture company in India to be called DSV Air & Sea Pvt. Ltd... DFDS Transport has a shareholding of 72% and Seabridge Maritime Agencies Pvt. Ltd., a company owned by the Parekh Group, which DFDS Transport is already working with, has a shareholding of 28 %...
* Taipei - Boeing rolls out giant freighter
Taipei -Transport Intelligence -21 August 2006: -- Boeing has rolled the first 747-400 Large Cargo Freighter (LCF) out of the hangar at Taipei's Chiang Kai-Shek International Airport... The airplane is the first of three specially modified jets that will be used to transport major assemblies for the all-new Boeing 787 Dreamliner... The modifications have been performed by Evergreen Aviation Technologies Corp. (EGAT), a joint venture of EVA Air and General Electric and a part of Taiwan's Evergreen Group...
posted by Unknown @ 9:08 AM
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