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TRANSPORT & LOGISTICS NEWS * WORLDWIDE
Briefing Weekly News
from Freight Forwarding
* USA - Downturn latest: UTi improves margins; DHL predicts tough times for small forwarders
UTi has announced third quarter results up slightly on the same period last year. Meanwhile, a senior DHL executive has warned that many smaller forwarders could disappear as a result of the current economic downturn. Read Full Brief Here
* Denmark - DSV joins Lufthansa Cargo’s Global Partnership Programme
DSV’s move up the world league table of international forwarders was highlighted by recent news of its admission to Lufthansa Cargo’s Global Partnership Programme. Read Full News Here
* Dubai - GAC opens new offices in Poland and Kazakhstan
Logistics group GAC (Gulf Agency Company) has continued its international expansion with new developments in Poland and Central Asia. Read Full News Here
* Germany - DHL reports latest business wins in Europe and the US
DHL this week announced the signing of two new business deals – one a €300m contract with a leading European mining and construction company and the other an agreement with a major US automotive parts supplier. Read Full News Here
from Contract Logistics
* France - Norbert Dentressangle wins UK contract from Toyota
Norbert Dentressangle recently announced it had secured a five-year dedicated distribution contract from Toyota Material Handling UK. Read Full News Here
* USA - Con-way reports bad news in North America and China
Prominent US-based transport and logistics group Con-way yesterday (December 8) announced lower earnings guidance, new large-scale job losses at trucking subsidiary Con-way Freight and a $30-$35m China acquisition impairment charge. Read Full News Here
* UK - Clipper Logistics strengthens European presence with German acquisition
Clipper Logistics, a UK provider of retail and high-value logistics, has acquired the trade, assets and distribution operations of the Bestaendig Group in Germany. Read Full News Here
from Express & Mail
* The Netherlands - TNT almost convinces
Senior management of TNT Group used the company’s recent annual ‘analysts’ day’ in London, England, to explain their current corporate strategy. Read Full Brief Here
* USA - UPS opens major hub in Shanghai
UPS yesterday (December 9) officially placed in service a new international hub in Shanghai, China, designed to handle both express packages and heavy freight. Read Full News Here
* USA - FedEx lowers earnings expectations
US global express giant FedEx this week cut its profit forecasts for both the quarter ended November 30 and for 2009. Read Full News Here
* UK - CitySprint wins major contract from UK Ministry of Defence
Privately-owned UK courier company CitySprint this week reported that it had been awarded a two-year, €2.24m, contract from the UK Ministry of Defence. Read Full News Here
from Road Freight
* Sweden - Looks to progress EC plans for freight transport 'green corridors'
Economic recession has pushed environmental issues down the logistics agenda. Yet behind the scenes efforts continue to improve the sector’s ‘green’ performance, as Swedish truck manufacturer Volvo highlighted this week. Read Full Brief Here
* USA - FedEx LTL companies to raise rates in January
US less-than-truckload operators FedEx Freight and FedEx National LTL are to implement 5.7% general rate increases, effective January 5, 2009. Read Full News Here
* USA - US freight services index at lowest October level since 2003
The US freight Transportation Services Index moved up 1% in October from its September level but was 0.6% lower than in October 2007, it was reported this week. Read Full News Here
from Air Cargo
* Swiss - IATA predicts tough air cargo market in 2009
IATA (International Air Transport Association) is predicting a 5% fall in air freight volumes worldwide next year. Read Full Brief Here
* Germany - Lufthansa progresses acquisition of Austrian Airlines
Lufthansa has made significant progress with its planned acquisition of Austrian Airlines. Both carriers are major players in Central and Eastern Europe air cargo markets. Read Full News Here
* UK - BA World Cargo to resume Saudi flights; launches Colombia freighter link
British Airways World Cargo has announced the resumption of services to two points in Saudi Arabia and the launch of a new freighter operation in Latin America. Read Full News Here
* Europe-Canada aviation deal should boost air cargo services
Air cargo services between Europe and Canada should benefit from a breakthrough in EU-Canada negotiations over a large aviation agreement, announced yesterday (December 9). Read Full News Here
from Warehousing
* USA - ProLogis leases Osaka logistics space to Sankyu and KWE
ProLogis last week announced it had signed new lease agreements for 250,000 sq ft (23,100 sq m) of distribution space in Osaka, Japan, to two leading third party logistics providers. Read Full News Here
* USA - ProLogis comments on latest rating downgrades
ProLogis, a US-based developer of distribution facilities worldwide, last week issued a statement in response to recent rating action taken by Moody's Investor Services and Fitch Ratings. Read Full News Here
from Shipping/Ports
* USA - Annual US retail container traffic set to slump 7% in 2008
Year-over-year cargo volume at major retail container ports in the US fell for the 16th straight month in November, leaving 2008 on track to be the slowest year since 2004. Read Full News Here
* UK - Planned third Dover port strike called off
A dispute between landside workers and management at the key English Channel ferry port of Dover could be nearing a solution, judging by the latest developments. Read Full News Here
* Germany - DHL to surpass 1m TEUs of Asia Pacific ocean freight this year
DHL reported last week that its Global Forwarding business unit would handle more than 1m TEUs of Asia Pacific region ocean freight in the 2008 calendar year. Read Full News Here
* Denmark - Maersk announces transfer of intra Asian services to sister company
Maersk Line this week reported that its intra Asia services would be transferred to another part of Danish parent group A.P. Moller-Maersk during 2009. Read Full News Here
* Singapore - NOL restructures Asia region container shipping organisation
NOL, parent company for global container shipping line APL, yesterday (December 11) announced a change to the organisation of its Asian operations, effective January 1, 2009. Read Full News Here
from Intermodal
* USA - Rail freight providers fare better than road operators in weak US economy
Overland transport providers in the US have faced enormous challenges in 2008, due to the country’s economic recession. Their shipment volumes and financial performance have been heavily affected and the situation is widely expected to get more difficult in 2009. However, rail freight operators have suffered less than trucking companies serving the US market, with underlying rates for their traffic remaining relatively firm. Read Full Brief Here
* USA - Vanguard and RoadLink establish intermodal collaboration in the US
Vanguard Logistics Services this week announced that it was partnering with RoadLink to launch a new US national inland intermodal service. Read Full News Here
* Belgium - EC steps up push to promote rail freight across Europe
The EC yesterday (December 11) announced it had adopted a proposal for a regulation “to designate international rail corridors providing operators with an efficient, high quality freight transport infrastructure”. Read Full News Here
from IT Solutions
* Finland - Fastrax partners with GE to develop freight equipment tracking devices
Fastrax, a provider of GPS software solutions, has announced a partnership agreement with GE Equipment Services Europe to develop a custom design concept for tracking devices. Read Full News Here
* Swiss - Panalpina develops 'collaborative commerce platform' with Manhattan
Panalpina is rolling out Manhattan Associates’ Extended Enterprise Management solution “as its standard system of choice for helping clients build collaborative trading ecosystems that streamline their extended supply chain operations”. Read Full News Here
Labels: transport and logistics news
posted by Unknown @ 5:29 PM
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