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TRANSPORT & LOGISTICS * WORLDWIDE
Weekly Briefly News
from Freight Forwarding
* Switzerland - Panalpina suffers 25% fall in profit over first nine months
Global forwarder Panalpina joined the consensus of economic pessimism last week with its results for the first nine months of 2008 showing heavily falling profits. Read Full Brief Here
* Luxembourg - Logwin shareholders to receive public tender offer
Luxembourg-based logistics group Logwin AG announced this week that German company DELTON had decided to make a voluntary public tender offer to acquire all its shares. Read Full News Here
* USA - EGL pays $750,000 to resolve US military contract kickback allegations
Global logistics group EGL has paid $750,000 to settle allegations that it paid gratuities to employees of the prime contractor for the US Army’s LOGCAP III contract. Read Full News Here
from Contract Logistics
* Holland - CEVA grows revenue but remains in the red
CEVA Group Plc today (November 4) announced its results for the third quarter of 2008 ending September 30. Read Full Brief Here
* Holland- CEVA wins contract from Australian electricity network operator
CEVA Logistics this week announced the signing of a new contract to provide integrated logistics services to major Australian electricity network operator Western Power. Read Full News Here
* Switzerland - World trade slipped to 6% growth in 2007, WTO report confirms
Trade growth weakens as developed economies struggle. Read Full Brief Here
* Germany - Agility wins contract from German exhibitions company Leipziger Messe
Agility Fairs and Events has secured a five-year contract from one of Europe’s leading fair ground and exhibition companies, Leipziger Messe. Read Full News Here
* Germany - Kärcher selects Kuehne + Nagel for Russia
Kuehne + Nagel has been selected by cleaning equipment manufacturer Kärcher to manage products, accessories and spare parts warehousing for its Russian sales market. Read Full News Here
* Germany - D.Logistics announces preliminary figures for Q3 2008
German group D.Logistics yesterday (November 5) reported that its “positive business development” had continued during this year’s third quarter. Read Full News Here
from Road Freight
* UK - Wincanton shows underlying strength and buys into container transport again
UK-based European contract logistics company Wincanton yesterday (November 6) announced its latest results and another company acquisition. Read Full Brief Here
* USA - Operator SCG rebranded as CEVA Ground
SCG The Select Carrier Group, a US sub-brand of Netherlands-based global group CEVA Logistics, has been renamed CEVA Ground, it was announced this week. Read Full News Here
* USA - Con-way Freight to cut 40 locations in major network restructuring
North American LTL (less-than-truckload) carrier Con-way Freight this week announced a major re-engineering of its operating network. Read Full News Here
* USA - PortCheck to begin Clean Truck Fee collection on November 17
PortCheck Inc, the company created to collect the Clean Truck Fee for the US west coast ports of Los Angeles and Long Beach, it set to start operations this month. Read Full News Here
from Air Cargo
* Australia - Qantas finalises settlement over freight division price fixing in
Australian carrier Qantas has entered a Deed of Settlement with the Australian Competition and Consumer Commission over price fixing conduct within its freight division. Read Full News Here
* USA - US and EU reach agreement on passenger aircraft cargo screening
The US Department of Homeland Security’s Transportation Security Administration (TSA) has reached agreement with the EU on air cargo screening standards for passenger-carrying aircraft. Read Full News Here
* France - AF-KL Cargo inaugurates new Paris cargo control centre
European airline group Air France Cargo-KLM Cargo last week officially inaugurated its new Cargo Control Centre (CCC) at France’s Paris CDG airport. Read Full News Here
* Malaysia - Asia Pacific air cargo volume continues to fall during industry ‘peak’ season
Members of the Association of Asia Pacific Airlines last week reported sharply lower total cargo traffic volume in September, normally part of the industry’s peak shipping season. Read Full News Here
* USA - Boeing continues to forecast near 6% annual growth in air cargo traffic
Worldwide air cargo traffic will increase by 5.8% annually over the next 20 years, Boeing told this week’s TIACA Air Cargo Forum and Exhibition 2008 in Kuala Lumpur, Malaysia. Read Full News Here
from Warehousing
* USA - ProLogis reports third quarter leasing activity in Mexico
ProLogis announced last week that it had signed lease agreements for approximately 526,000 sq ft of newly-developed distribution space in Mexico during the third quarter of this year. Read Full News Here
* USA - AMB pre-leases nearly 25,000 sq m in China’s Ningbo port area
AMB Property Corporation has announced the pre-leasing of approximately 24,800 sq m at AMB Beilun Port Distribution Centre in the Ningbo Economic & Technological Development Zone. Read Full News Here
* Germany - DHL claims new Dubai logistics facility is largest in the Middle East
Danzas AEI Emirates, part of global logistics group DHL, yesterday (November 5) officially opened a new US$50m plus multi-purpose logistics facility in Dubai’s Jebel Ali Free Zone. Read Full News Here
from Shipping/Ports
* Mexico - TMM to restructure and focus on maritime business
Grupo TMM, a leading Latin American maritime and intermodal transport company based in Mexico, last week reported its latest financial results and details of a corporate restructuring. Read Full News Here
* USA - IDB to help Uruguay modernise Montevideo port
Uruguay is set to upgrade facilities at its main port, Montevideo, with support from a US$40m loan from the Inter-American Development Bank. Read Full News Here
* Japan - 'K' Line to launch new Asia-South America operation in 2009
Japanese global container shipping operator 'K' Line has announced the planned launch of a new service between Asia and the east coast of South America in June 2009. Read Full News Here
* France - CMA CGM to start South America-Europe service at end of this month
CMA CGM is due to launch a new weekly container service linking the east coast of South America to north Europe, with connections to the Middle East and Africa, at the end of this month. Read Full News Here
from Intermodal
* UK - New rail terminal set to handle 23,000 Honda cars a year
A rail terminal in southern England developed to handle the movement of new Honda cars was opened at the end of last week (October 31) by UK Transport Minister Andrew Adonis. Read Full News Here
from IT Solutions
* UK - Marks & Spencer looks to reap quick logistics dividend
Alongside half-yearly results published yesterday (November 4), prominent UK retailer Marks & Spencer indicated a major increase in spending on logistics. Read Full Brief Here
* USA - Savi establishes partnership to deliver RFID supply chain solutions in Scandinavia
Lockheed Martin subsidiary Savi and Swedish consulting firm Litium Mobile Applications have announced a teaming agreement covering Scandinavia. Read Full News Here
* USA - Mojix launches European version of passive RFID system
US company Mojix Inc yesterday (November 3) launched the European version of its Mojix STAR product, “a revolutionary UHF passive RFID system”. Read Full News Here
* Dubai - Becomes first Middle East centre to launch IATA e-freight
Dubai has become the first Middle East city to launch the IATA air cargo industry e-freight initiative, locally-based airline Emirates announced today (November 5). Read Full News Here
Labels: and, transport and logistics news
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