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TRANSPORTS & LOGISTIC * WORLDWIDE
Brief & Weekly News
from Freight Forwarding
* Germany - K+N provides ambiguous numbers on state of the global logistics sector
Global forwarder Kuehne + Nagel yesterday (October 20) released its latest results – and announced the acquisition of a prominent French road freight groupage operator. Read Full Brief Here
* USA - Specialty logistics companies Dietl and Rock-It merge
US fine arts logistics specialist Dietl International Services has merged with Rock-It Cargo, a US provider of services in the music touring/live events sector. Read Full News Here
* USA - Pilot Freight reports record quarterly revenue
US-based worldwide freight forwarder Pilot Freight Services this week announced its financial results for the 2008 third quarter ending September 30. Read Full News Here
* UK - Customs software provider Impatex unveils two-product strategy
UK-based customs and freight software provider Impatex has unveiled its product development strategy for next year. Read Full News Here
from Contract Logistics
* UK - New report: developing markets offer greatest cold chain logistics opportunities
Ti’s latest report, Global Cold Chain Logistics 2008/9, concludes that the greatest opportunities for that sector lie in developing markets such as China, India and Vietnam. Read Full Brief Here
* UK - Wincanton adds two new e-commerce customers in France
European logistics service provider Wincanton recently announced the addition of two customers from the e-commerce sector − Pixmania and DHC – involving operations in France. Read Full News Here
* USA - CEVA wins contract from UK utilities service provider
CEVA Logistics has been awarded a contract to manage procurement, inventory, warehousing and materials distribution for UK electricity and water services supplier United Utilities. Read Full News Here
* USA - TransLogic Auto Carriers acquired by CNC Holdings
Further corporate activity in the US vehicle transportation sector has seen CNC Holdings acquire 53% of the shares in TransLogic Auto Carriers. Read Full News Here
* USA - OL&T predicts “double-digit” business growth this year
Odyssey Logistics & Technology, a US-based logistics service provider for chemical and process industries, stated this week that it expected to achieve double-digit business growth in 2008. Read Full News Here
* USA - CEVA announces contract developments in Iberia and Australia
CEVA Logistics this week announced the signing of a new contract with Ricoh in Spain. It also separately reported a contract extension with a customer in Australia. Read Full News Here
* USA - Greatwide Logistics set to be acquired by investor group
Greatwide Logistics Services – a US provider of national third party logistics services – this week announced that it intended to enter into an agreement to be acquired by an investor group. Read Full News Here
from Express & Mail
* USA - Tough times for UPS raise questions about DHL deal
UPS is continuing to suffer the effects of economic recession in the US and worldwide, confirmed the company’s 2008 Q3 results published yesterday (October 23). Read Full Brief Here
* USA - UPS announces 2009 rate increases
UPS has released new list rates for 2009 which include an average net increase of 4.9% for all air express and US-origin international shipments. Read Full News Here
* Dubai/UAE - Dubai World subsidiary forms mailroom services JV
Dubai World has announced a new venture involving the mail activities of EZ Post FZE, a recently-formed subsidiary of its Economic Zones World business. Read Full News Here
* Hongkong/China - Hongkong Post launches fast courier service to Asia and Europe Hongkong Post has introduced a new Speedpost service which it claims will offer speedy delivery to major Asian and European cities. Read Full News Here
* USA - FedEx Express breaks ground for new CEE hub
US-based global express giant FedEx Express yesterday (October 20) broke ground for a new hub at Cologne/Bonn airport in Germany, the site of its new Central and Eastern Europe gateway. Read Full News Here
* USA - Two new developments in FedEx Ground ‘sub-contractors’ saga
A continuing dispute over the status of FedEx Ground drivers in the US – whether they should be classified as employees or owner-operators/sub-contractors – took two further turns this week. Read Full News Here
* Holland - TNT claims new Osaka gateway will boost China-Japan trade
Global express operator TNT yesterday (October 23) announced the opening of the company’s new international gateway at Japan’s Osaka Kansai International Airport. Read Full News Here
* The Neatherlands - DHL launches transpacific partnership with Polar Air Cargo
DHL Express yesterday (October 23) confirmed plans to launch its transpacific partnership with worldwide B747 freighter operator Polar Air Cargo this coming Monday, October 27. Read Full News Here
from Road Freight
* USA - Ryder delivers moderate growth in tough markets
This year’s third quarter results from Ryder System Inc, announced yesterday (October 22), show some growth in both profits and sales. Read Full Brief Here
* USA - UPS announces 2009 rate increases
UPS has released new list rates for 2009 which include an average net increase of 4.9% for all air express and US-origin international shipments. Read Full News Here
* USA - Greatwide Logistics set to be acquired by investor group
Greatwide Logistics Services – a US provider of national third party logistics services – this week announced that it intended to enter into an agreement to be acquired by an investor group. Read Full News Here
from Air Cargo
* France - Aeroports de Paris and Schiphol Group to create European 'dual hub'
Two of Europe’s leading airport operators yesterday (October 21) announced their intention to enter into a long-term industrial cooperation and 8% cross-shareholding agreement. Read Full Brief Here
* UK - Airline cargo fuel surcharges set to continue falling
British Airways World Cargo has announced a further reduction in its cargo fuel surcharges from November 3. Read Full News Here
* China - Cargo 2000 extends presence into northern China
Cargo 2000 yesterday (October 21) announced an increased presence in China following the decision of Tianjin AirCargo Terminal to join its air cargo quality improvement programme. Read Full News Here
from Warehousing
* Japan - Mitsubishi Logistics leases Shanghai space from ProLogis
ProLogis has leased approximately 16,200 sq m in Shanghai, China, to Mitsubishi Logistics – its first lease agreement with that leading Asian third party logistics provider. Read Full News Here
* USA - ProLogis expands South Korean distribution centre portfolio
ProLogis this week announced that ProLogis Korea Property Fund had acquired a $44m distribution centre in Icheon City, South Korea. Read Full News Here
* Belgium - IIG details adidas distribution centre project in Ukraine
European logistics real estate developer Immo Industry Group and Ukrainian partner Aladdin Group have started building a new distribution centre in Ukraine for sporting goods manufacturer adidas. Read Full News Here
from Shipping/Ports
* Europe - Container lines face further regulatory challenges in
Hot on the heels of the abolition of liner shipping conferences in Europe on October 18, container lines face further changes to the regulatory environment governing their operations. Read Full Brief Here
* Holland - Rotterdam port reports 2% TEU growth over first nine months
Europe’s leading container port, Rotterdam, yesterday (October 21) reported just a 2% increase – to 8.2m – in the number of TEUs handled in the first nine months of this year. Read Full News Here
* Singapore - APL slashes capacity and reorganises worldwide service network
Leading global container shipping line APL yesterday (October 21) announced a major reduction in capacity and significant changes to its global service network. Read Full News Here
from IT Solutions
* UK - Real time supply chain visibility - increasing for shippers and 3PLs
The last few years have seen rapid developments in real time supply chain visibility, with the main beneficiaries being high volume shippers, 3PLs and freight forwarders. Ti interviewed two US-based technology company executives, John Urban, President of GT Nexus, and Larry Trebesch, General Manager, China, at Savi Networks. They will both be speaking at Ti’s conference 'Global Distribution Strategies - Asia Pacific 2008'. Read Full Brief Here
* USA - JDA Software publishes latest results and i2 acquisition update
JDA Software Group Inc, a US-based company which specialises in supplying supply chain and revenue management solutions, this week unveiled its financial results for the 2008 third quarter. Read Full News Here
* USA - Manhattan Associates reports Q3 2008 revenue and earnings
US-based supply chain optimisation provider Manhattan Associates this week reported its key 2008 third quarter financial figures. Read Full News Here
Labels: transport and logistics news
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