TRANSPORTS NEWS WORLDWIDE
* UK - Storm Clouds Ahead for Logistics Industry
UK -Transport News Network (UK) -30 Aug 2006: -- Companies specialising in providing logistics services have done well in recent years, but the future prospects for the industry are not so certain according to independent market analyst Datamonitor's (DTM.L) latest research "Logistics Benchmarking and Profiler 2006."... The report reveals revenues for third-party logistics providers (3PLs) have continued to rise, driven by an improved economic climate and companies outsourcing non-core activities to try and reduce costs. However, the report concludes that knock-on effects of economic factors, oil and the collapse of the Doha round of trade discussions may cause significant problems for this sector in the near future... Moreover, while the unique Global Scorecard included in the report rates each logistics company and shows there are clear leaders, it also reveals that a number will have to alter their strategies in the future in order to survive...
* USA - Securing The Rails & Trucks
USA -AFX/Forbes, by Eric LaBat -29 Aug 2006: -- A global economy requires an efficient and effective transportation system. The ability to quickly and safely deliver goods in a dependable manner is paramount... From a homeland security standpoint, it is easy to see how telematics could be easily integrated to enhance security at a regional, national and even global level without slowing down delivery times... Similar telematics could be integrated into all other types of freight systems and carriers, including trucks, trailers, ships and containers. With the present driver shortage in the trucking industry--turnover has reached 120% annually--telematics can help with driver retention as well as enhance the security of transportation workers... In addition, as container traffic in the U.S. reaches dramatic congestion levels at key locations on the East and West coasts, tracking containers can help make pooling and fleet reduction a reality and help move containers beyond simple security checks at ports...
* UAE - Oman Shipping Co. signs $135 million agreement with Sohar
Oman,United Arab Emirates -Times of Oman/ MENAFN -31 Aug 2006: -- Oman Shipping Company signed an agreement for refinancing the LNG Sohar carrier at an amount of $135 million... LNG Sohar carrier is a joint venture between Oman Shipping Company and Mitsui Osk Lines Ltd...
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