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TRANSPORT & LOGISTIC NEWS
* Germany - DHL buys air cargo stake for $150m
Germany -Transport Intelligence -16 Oct 2006: -- Atlas Air Worldwide, a leading provider of global air cargo services, has announced that its subsidiary, Polar Air Cargo Worldwide, has executed a letter of intent for DHL to acquire a 49% of the scheduled-service business of Polar Air Cargo, Inc. (Polar), in exchange for $150 million in cash...
* Germany - Deutsche Post to sell Exel's German reverse logistics operation
Germany -Transport Intelligence -16 Oct 2006: -- Deutsche Post AG has decided to dispose of its fully-owned subsidiary Vfw AG, reverse logistics specialist it bought when it acquired Exel last year...
* Germany - DHL Exel opens new US distribution centre
Germany -Transport Intelligence -16 Oct 2006: -- DHL Exel has commenced full operations at a new regional distribution centre in Dallas for Lamson & Sessions, a diversified manufacturer in the high tech sector...
* UK - Diageo re-engineers Asia Pacific supply chain
UK -Transport Intelligence -16 Oct 2006: -- Diageo, the global drinks conglomerate formerly known as Guinness, has re-engineered its supply chain by creating a new distribution hub in Singapore. The facility is designed to serve the whole of the Asia-Pacific area, including the markets of Australia, Korea and China...
* Sweitzerland - Lamy warns of cost of failure of WTO talks
Genieve,Switzerland-Transport Intelligence -16 Oct 2006: -- The Director-General of the World Trade Organisation, Pascal Lamy, has warned of the dangers which would result from a failure in the present round of talks. In his efforts to get the talks back on track, he has stressed to all parties the costs of failure to the global economy and the multilateral system which underpins it...
* UK - Wincanton buys home delivery specialist
UK -Transport Intelligence -16 Oct 2006: -- Consolidation in the UK logistics market is continuing. European supply chain provider Wincanton has acquired Lane Group plc, a UK market leader in home delivery. The acquisition will allow Wincanton to strengthen its position within the fast growing home delivery market...
* UK - Wincanton extends contract with M&S
UK -Transport Intelligence -16 Oct 2006: -- Leading European supply chain specialist, Wincanton, has been awarded a three year contact extension to manage the warehousing and distribution of UK retailer Marks & Spencer's non-merchandise equipment in the UK...
* UK - Wincanton buys building logistics operator
UK -Transport Intelligence -16 Oct 2006: -- UK based logistics provider Wincanton plc has announced the acquisition of a further privately-owned UK businesses, RDL Holdings Ltd, the UK market leader in the provision of supply chain services to the building products sector...
* Germany - time:matters extends sameday service to Switzerland
Neu-Isenburg,Germany-Transport Intelligence -16 Oct 2006: -- time:matters, the courier, sameday and emergency logistics subsidiary of Lufthansa Cargo, has extended its sameday service between Switzerland and the EU...
* UK - Business Post revenues fall in first half
UK -Transport Intelligence -16 Oct 2006: -- Business Post Group plc, the UK parcel and mail delivery group, has provided a pre-close update for the six months to 30 September 2006. Revenues in its express division fell...
* Italy - Grimaldi to bid for Finnlines
Naples,Italy-Transport Intelligence -16 Oct 2006: -- Finnlines Plc, one of the largest European shipping companies, has stated that it has received information which indicates a bid for the company by Grimaldi, a major player in the automotive short sea shipping sector...
* Italy - MSC initiates new West Africa route
Naples,Italy -Transport Intelligence -16 Oct 2006: -- Mediterranean Shipping Co has announced the introduction of a new direct service from North Europe to West Africa consolidating its position as one of the premier carriers to the region...
* The Nederlands - New Rotterdam terminal given go-ahead
Rotterdam,The Nederlands -Transport Intelligence -16 Oct 2006: -- The Dutch Parliament has voted by an overwhelming majority in favour of the construction of Maasvlakte 2, the new port district of Rotterdam. This gives the green light to the next phase and construction is likely to begin in 2008...
* South Korea - Hanjin goes it alone in India
S. Korea-Transport Intelligence -16 Oct 2006: -- Hanjin Shipping has established a wholly-owned local company in India in order to take advantage of the fast growing sea freight market...
* Hong Kong/China - Cathay improves load factors; outlook optimistic
HK,CH -Transport Intelligence -16 Oct 2006: -- Hong Kong airline Cathay Pacific Airways has released traffic figures for September that show Cargo growth continued to exceed capacity increase. Management stated that the outlook was reasonably optimistic...
* Japan - JAL strengthens China coverage through code share
Tokyo,Japan -Transport Intelligence -16 Oct 2006: -- Japan Airlines (JAL) has announced that it will further strengthen its Japan-China network, the largest network between the two countries, by expanding its bilateral code share agreements with China Eastern Airlines (MU), and Xiamen Airlines (MF)...
* Germany - Frankfurt Airport volumes driven by Asia trade
Frankfurt,Germany -Transport Intelligence -16 Oct 2006: -- Frankfurt Airport (FRA) has released traffic figures for September 2006. Cargo throughput rose by 9.0 percent largely due an increase in trade with Asia...
* Germany - Lufthansa, Fraport combine to build new animal station
Frankfurt,Germany -Transport Intelligence -16 Oct 2006: -- Representatives of Lufthansa Cargo AG, Fraport AG and others have taken part in a groundbreaking ceremony to herald the commencement of construction of a new animal station at Frankfurt Airport...
* UAE - Emirates signs contract for 10 freighters
Dubai,United Arab Emirates -Transport Intelligence -16 Oct 2006: -- Emirates Airline has signed a contract for 10 Boeing 747-8Fs, and announced purchase rights for a further 10 747-8Fs. The combined value of these 20 aircraft is worth an estimated US$5.6 billion...
* Hong Kong/China - Air cargo sees 7.3% rise
HK,CH-Transport Intelligence -16 Oct 2006: -- Hong Kong Air Cargo Terminals Limited (Hactl) announced its tonnage throughput for September, the third quarter and for the first nine months of the year...
* Jordan - Middle East airline adds UK frequency
Amman,Jordan -Transport Intelligence -16 Oct 2006: -- Starting in late October 2006, Royal Jordanian Airlines (RJA) will add a weekly freighter service to London Stansted Airport...
* USA - Celadon buys US trucking company
Indianapolis,IN,USA -Transport Intelligence -16 Oct 2006: -- Celadon Group Inc. has announced that one of its wholly-owned subsidiaries purchased the truckload business of Erin Truckways LTD., doing business as Digby Truck Lines Inc...
* USA - Old Dominion increases US service centres
LThomasville,NC,USA -Transport Intelligence -16 Oct 2006: -- US TL provider Old Dominion Freight Line, Inc., has announced the opening of new service centres in Rockford, Illinois and Saginaw, Michigan...
* Hong Kong/China - Li & Fung acquires KarstadtQuelle sourcing arm
HK,CH -Transport Intelligence -16 Oct 2006: -- Hong Kong-based global consumer goods exporter Li & Fung Limited has announced that through a wholly-owned subsidiary of the Group, it has entered into a Sale and Purchase Agreement to acquire the sourcing arm of German-listed KarstadtQuelle AG...
* USA - Cat Logistics cuts jobs in the US
Morton, Illinois,USA -Transport Intelligence -16 Oct 2006: -- There are to be more redundancies in the Louisville, Kentucky logistics market. Caterpillar Logistics (CLS) is reported to be shutting an operation there due to a loss of a major customer...
* The Netherlands - TNT sells document management business
Hoofddorp, the Netherlands-Transport Intelligence -16 Oct 2006: -- TNT N.V. has announced that agreement has been reached to sell the business line Document Management (part of Cendris) in the Netherlands, to Spanish-based Service Point Solutions, S.A...
* The Netherlands - TNT Logistics wins new distribution contract
Hoofddorp, the Netherlands -Transport Intelligence -16 Oct 2006: -- The US provider of mailstream products and services, Pitney Bowes, has awarded a five - year contract to TNT Benelux & Multi Country Logistics to perform a European Distribution Centre (EDC) role...
* France - GEFCO deploys network of 'engineering' offices
Courbevoie Cedex,France -Transport Intelligence -16 Oct 2006: -- French logistics provider GEFCO is introducing a network of design and logistics engineering offices (tender centres) it says in response to its industrial customers' growing demands for supply chain integration...
* Norway - Post acquires Dutch logistics provider
Oslo,Norway-Transport Intelligence -16 Oct 2006: -- Norway Post has announced it is to buy Scanex B.V. The acquisition will strengthen Nor-Cargo's market position in the Netherlands for goods going to and from Norway and the Nordic region...
* France - Daher expands into the US
France -Transport Intelligence -16 Oct 2006: -- French supply chain management and integrated logistics company, DAHER, has opened a new regional head office and production facility in North America to support its aerospace division...
* USA - IJS Global opens European office
Stamford,CT,USA -Transport Intelligence -16 Oct 2006: -- IJS Global, Inc., a fast-growing US multi-modal freight forwarder, customs broker and non-vessel operating common carrier, has opened its first German office in Bremen...
* Belgium - Warehouse company Eurinpro expands in Germany
Strombeek-Bever,Belgium -Transport Intelligence -16 Oct 2006: -- After having been established for two years in the German market, warehouse property developer Eurinpro has opened two additional offices in Hamburg and Munich. It has split its German market into north, south and central regions...
posted by Unknown @ 4:56 PM
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