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TRANSPORT & LOGISTIC WORLDWIDE
* UK - Retailer to invest in on-line logistics
London,UK -Press Report -7 Nov 2006: -- The UK subsidiary of Wal-Mart, ASDA, is to expand its internet based retail operation in a bid to regain its competitiveness with market leader Tesco. This will involve a big new investment in its logistics systems...
* USA - FedEx buys in India
Memphis,Tenn,USA -Press Report -7 Nov 2006: -- FedEx has signed an agreement to buy Indian airfreight company Prakash Air Freight. The timing might be considered odd as the government is threatening legislation that would 'abolish' the express document market. However it seems that FedEx does not believe the implementation likely...
* USA - FedEx announces rate hike
Memphis,Tenn,USA -Press Report -7 Nov 2006: -- FedEx Corp. has announced that it will increase the net average shipping rate for FedEx Express. FedEx Ground rates also will increase for 2007...
* Swiss - Panalpina makes good progress on all fronts
Swiss -Press Report -7 Nov 2006: -- Logistics provider Panalpina has released its results for the first nine months of 2006. Management stated that its strong performance was fueled by favourable world market conditions, substantial new business wins and successful cost management...
* The Netherlands - TNT confirms sale of forwarding unit
Dutch -Press Report -7 Nov 2006: -- Mail and express company TNT N.V. has announced its decision to divest its Freight Management business unit. At the same time management released details of its third quarter results which showed continued strong growth...
* UK - Royal Mail suggests part-privatisation
UK -Press Report -7 Nov 2006: -- UK Postal operator, Royal Mail's Chief Executive Adam Crozier has stated that an employee share scheme involving a 20 per cent stake for postmen and women was the best way to ensure success for the investment package to modernise the company...
* USA - UPS extends Trade Direct service to Japan
Sandy Springs,GE,USA -Press Report -7 Nov 2006: -- UPS has announced that it has taken a major step to expand trading options with Japan while also improving intra-Asia transportation by introducing UPS Trade Direct service inbound to Japan...
* Austrian Post buys majority stake in trans-o-flex
Austria -Press Report -7 Nov 2006: -- The Austrian Post (Österreichische Post AG, OPAG) has acquired 74.9 per cent of the shares in trans-o-flex GmbH and associated companies from Odewald & Compagnie...
* UK - CERT invests in new wine logistics centre
UK -Press Report -7 Nov 2006: -- CERT Group, one of the UK's leading providers of logistics services to the drinks sector, has unveiled plans to create a major new service centre in Hoddesdon for its fine wines division, Octavian...
* UK - TDG's European Chemicals division launches new service
UK -Press Report -7 Nov 2006: -- Based logistics provider TDG's European Chemicals division has announced the launch of a new packaging management service which will leverage its current expertise in ADR-compliant transport and tanker cleaning...
* Japan - "K" Line establishes Australian joint venture
Japan -Press Report -7 Nov 2006: -- "K" Line Logistics Ltd. (KLL) has established "K" Line Logistics (Australia) Pty. Ltd., a new company based in Melbourne in collaboration with Kawasaki...
* Germany - Schenker/Bax win Euro high tech contract
Essen,Germany -Press Report -7 Nov 2006: -- Schenker and BAX Global have strengthened their cooperation with BOC Edwards, a leader in vacuum technology following their appointment as sole provider of European land distribution services...
* Nederland - Dutch company offers Halal Logistics
Rotterdam,Nederland -Press Report -7 Nov 2006: -- Eurofrigo Rotterdam has announced that it has received a certificate and the hallmark from the Dutch National Halal Foundation. The need for Halal storage is growing with a potential market of 30 million consumers in Western Europe...
* UK - Wincanton extends contracts in milk distribution sector
UK -Press Report -7 Nov 2006: -- Logistics provider Wincanton has announced two new deals in the milk distribution sector. It has extended contracts with Dairy Crest and First Milk...
* Norway - K+N wins new solutions contract
Norway -Press Report -7 Nov 2006: -- Weber-Stephen Products Co, a leading manufacturer of barbecues and gas grills, has awarded Kuehne + Nagel a contract to provide the management of inbound freight from USA and the Far East, as well as warehousing services in the UK...
* Iceland - Avion acquires majority of Atlas Cold Storage
Iceland -Press Report -7 Nov 2006: -- Acquisitive Icelandic Avion Group has announced that it has acquired approximately 85.8% of the outstanding units of Canadian logistics company Atlas Cold Storage Income Trust...
* USA - Target Logistics sees net income fall
USA -Press Report -7 Nov 2006: -- Target Logistics, Inc., the US domestic and international freight forwarder and logistics provider, has announced that its first quarter revenue was $43.4 million, an increase of 20%. However net income has fallen...
* USA - USPS and GE sign new semi-trailer deal
USA -Press Report -7 Nov 2006: -- The U.S. Postal Service (USPS) and Trailer Fleet Services, a division of GE Equipment Services, have agreed to a new, six-year contract for domestic, over-the-road semi-trailers, used to transport mail between postal distribution centres and local post offices...
* Singapore - NOL profits halved for first three quarters
Singapore -Press Report -7 Nov 2006: -- Global cargo transportation and logistics company Neptune Orient Lines (NOL) has reported a net profit for the first three quarters of 2006 down 51%. Its APL Logistics and Liner services are finding the market 'challenging'...
* Japan - MOL launches new India service
Osaka,Japan -Press Report -7 Nov 2006: -- Mitsui O.S.K. Lines, Ltd. has announced a plan for a new independent container shuttle to enhance service between western India, Malaysia and Singapore. The increased service will begin later this month...
* Hong Kong - Grand Alliance to lay up ships
HK,China -Press Report -7 Nov 2006: -- Following a meeting in Singapore, the CEOs of the Grand Alliance (GA) member lines engaged in the Trans Pacific trade have announced that the GA will lay up vessels during the traditional slack season...
* South Korea - New joint venture to increase container security in Asia
S.Korea -Press Report -7 Nov 2006: -- Samsung Corporation has announced an agreement with GE Security Inc., Siemens Building Technologies, and Mitsubishi Corporation that will lead to increased distribution of container security solutions in Asia...
* UK - Bibby buys again in UK
UK -Press Report -7 Nov 2006: -- Bibby Distribution, one of the UK's leading independent logistics providers, has acquired Archfield (Shipping) Ltd, extending the existing services portfolio of Bibby International Logistics, the company's worldwide delivery service...
* USA - IJS Global expands in Singapore
USA -Press Report -7 Nov 2006: -- IJS Global, Inc., the fast-growing US freight forwarder, customs broker and non-vessel operating common carrier, has continued its Asian expansion by establishing an operation in Singapore...
* Germany - Schenker connects forwarding systems to GT Nexus
Essen,Germany -Press Report -7 Nov 2006: -- GT Nexus has announced that Deutsche Bahn's freight forwarding subsidiary Schenker will connect its systems to GT Nexus to manage standardized shipment status messages and booking confirmations...
* USA - Boeing moves step closer to 747-8 Freighter launch
USA -Press Report -7 Nov 2006: -- Boeing has completed firm configuration of the 747-8 Freighter airplane's design. This allows Boeing and its suppliers to begin detailed design of parts, assemblies and other systems...
* USA - New RFID pilot announced in Japan
USA -Press Report -7 Nov 2006: -- EPCglobal, the not-for-profit standards organization dedicated to encouraging global adoption of the Electronic Product Code, has announced that the Transportation and Logistics (TLS) Industry Action Group has initiated a RFID (Radio Frequency Identification) pilot programme in Japan...
* France - CMA CGM launches joint venture with IBM
France -Press Report -7 Nov 2006: -- The CMA CGM Group, the world's third largest shipping Group, and IBM have announced the creation of a 50-50 joint venture to provide CMA CGM with enhanced information technology systems...
* Germany - DHL boosts Hong Kong - Japan service
Bonn,Germany -Press Report -7 Nov 2006: -- DHL has boosted its dedicated overnight service between Hong Kong and Nagoya by replacing its existing A330-200 passenger aircraft service with an Airbus A300-600F aircraft operated by Air Hong Kong...
posted by Unknown @ 7:57 PM
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