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TRANSPORTS WORLDWIDE
* USA - Velocity Express Completes Acquisition of CD&L
USA -TTNews -18 Aug 2006: -- Velocity Express Corp. has completed its acquisition of package delivery company CD&L... Velocity Express, also a package delivery firm, acquired all outstanding shares of CD&L for $3 a share... Velocity Express, which is ranked No. 84 on the Transport Topics 100 list of the largest for-hire carriers in the United States and Canada, announced the acquisition last month...
* Swiss - Panalpina posts impressive results
Swiss -Transport Intelligence (UK) -18 Aug 2006: -- There have been yet more impressive results from a major freight forwarder as Swiss-based Panalpina posts revenue up 15.5% over the past half year. The company expects performance to remain at this level over the next few months...
* Germany - Schenker helps Deutsche Bahn lay foundation for IPO
Hamburg,Germany -Transport Intelligence (UK) -18 Aug 2006: -- Global rail and logistics group Deutsche Bahn AG (including Railion, Schenker and BAX Global) has released details of its first half performance... The company set records in transport performance, revenues and operating profit which its CEO, Hartmut Mehdorn, believes lays the economic foundation for an initial public offering...
* Netherlands - Menlo expands logistics centre
Eersel,Holland -Transport Intelligence (UK) -18 Aug 2006: -- Global logistics company Menlo Worldwide has announced a major expansion of its European multi-client logistics centre in Eersel, Holland...
* USA - ProLogis leases new park in Memphis
Memphis, Tenn,USA -Transport Intelligence (UK) -18 Aug 2006: -- ProLogis has leased 600,000 square feet of industrial space to two customers at a new park it operates in Memphis, Tennessee...
* USA - DHL leader in US-Middle East volumes
USA -Transport Intelligence (UK) -18 Aug 2006: -- DHL Middle East has announced that it has recently become the lead operator in the region for volume in both US inbound and outbound shipments...
posted by Unknown @ 1:17 PM
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