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TRANSPORT & LOGISTIC NEWS * WORLDWIDE
Briefing Weekly News
from Freight Forwarding
* Singapore - Peering through the fog of recession to spot logistics opportunities in Asia Pacific
Gone are assertions that China and the rest of the Asia Pacific region would take on the responsibility for driving global economic growth. However, the region could still offer huge opportunities for the development of new logistics services. Read Full Brief Here
* USA - Relief agency IMC strengthens links with Agility
Relief agency International Medical Corps (IMC) and global logistics provider Agility have signed an MoU designed to "enhance the efficiency and effectiveness of humanitarian relief". Read Full News Here
* Russia - Truck tolls due to be implemented from February 1
The Russian Federation is due to implement road charging for all European trucks weighing more than 3.5 tonnes from February 1, the British International Freight Association advised this week. Read Full News Here
from Contract Logistics
* USA - OL&T anticipates continued business growth in 2009
Odyssey Logistics & Technology Corporation, a US-based global logistics and transportation service provider for chemical and process industries, this week provided a business update. Read Full News Here
* Japan - NYK Logistics wins UK garden centre chain distribution business
UK garden centre chain Dobbies has awarded the contract for its national warehousing and distribution operation to NYK Logistics (UK) Ltd. Read Full News Here
* Dubai/UAE - Agility acquires Finnish forwarder Nyström
Global logistics provider Agility this week unveiled a further strengthening of its platform in the Nordic region through the acquisition of Finnish forwarder Oy O. Nyström & Co AB. Read Full News Here
from Express & Mail
* Germany - Zumwinkel avoids jail for tax evasion
The former chief executive of Deutsche Post World Net, Klaus Zumwinkel, has been found guilty of tax evasion and given a two-year suspended sentence. Read Full Brief Here
from Road Freight
* USA - Trucking index plummets 11% in December
The American Trucking Associations’ advanced seasonally adjusted for-hire truck tonnage index, widely seen as a as a barometer of the general US economy, dropped by 11.1% last month. Read Full News Here
* Germany - Hellmann crosses Pakistan border into Afghanistan
The Pakistan division of Hellmann Worldwide Logistics has expanded its product offering to include the handling of transit cargo for Afghanistan. Read Full News Here
* UK - Pall-Ex announces Italian operation
UK palletised road freight distribution network provider Pall-Ex yesterday (January 27) announced details of its planned launch next month of an Italian operation. Read Full News Here
* USA - Con-way reports net loss in Q4 2008
US freight transport/logistics service group Con-way this week reported financial figures for the 2008 fourth quarter and full-year periods, which included a significant “impairment charge” relating to its activities in China. Read Full News Here
* USA - C.H. Robinson reports net income increase in Q4 2008
US trucker and global non-asset based third party logistics provider C.H. Robinson Worldwide this week reported its financial results for the quarter ended December 31, 2008. Read Full News Here
* USA - Arkansas Best reports $11m loss in Q4 2008
US transportation holding company Arkansas Best Corporation, whose largest subsidiary is LTL operator ABF Freight, yesterday (January 29) reported a fourth quarter 2008 net loss of $11m. Read Full News Here
* USA - YRC details Q4 and full year losses
US trucking and logistics group YRC Worldwide Inc yesterday (January 29) announced losses for both the fourth quarter and full-year 2008 periods. Read Full News Here
from Air Cargo
* Dubai - Global storm clouds gather over the Middle East
The Middle East – particularly the Gulf region –has been one of the few bright spots in generally slowing world logistics markets over the past 12 months. However, lower levels of global trade are likely to affect even previously fast-growing logistics gateways like Dubai. Read Full Brief Here
* Swiss - Global air cargo volume dived nearly 23% in December
Global international cargo traffic collapsed in December, according to the latest figures published by the International Air Transport Association (IATA). Read Full Brief Here
* UK - EGSAC adds Denmark to network
EGSAC, an international network of independent air cargo general sales and services agents, has appointed Cargo Care International (CCI) as its exclusive member for Denmark. Read Full News Here
* USA - Three more airlines agree to admit cargo price fixing
Two South American companies and Israeli carrier EL AL have joined the now 12 international airlines which have agreed to plead guilty to cargo price fixing charges in the US. Read Full News Here
* Australia - Qantas Freight adds US-New Zealand direct freighter service
Australian air cargo carrier Qantas Freight last week announced that it would introduce a direct weekly B747-400 freighter service between the US and New Zealand from next month (February). Read Full News Here
from Warehousing
* USA - ProLogis details series of leasing deals in Europe
ProLogis, a leading US-based global provider of distribution facilities, has reported new leasing deals in three European countries – Germany, Slovakia and the UK. Read Full News Here
* USA - OHL leases nearly 150,000 sq ft of distribution space in Houston
ProLogis this week announced it had leased more than 147,000 sq ft of recently-completed distribution space in Houston, Texas, to OHL, a leading US third party logistics provider. Read Full News Here
from Shipping/Ports
* UK - Container shipping lines cut north east Asia-Australia capacity
The five-member AAS container shipping line consortium is reducing its capacity in the trade between north east Asia, including China, and Australia with immediate effect. Read Full News Here
* USA - Horizon Logistics launches transpacific NVOCC service
Horizon Logistics has launched an international non-vessel ocean shipping service which will initially focus primarily on traffic moving between Asia and North America. Read Full News Here
* Belgium - EC looks to create EU maritime transport area without barriers
The European Commission last week adopted an action plan aimed at creating "a maritime transport area without borders in Europe". That plan, it stated, included several legislative measures. Read Full News Here
* Dubai - DP World focuses on preserving cash in "challenging" markets
Dubai-based global marine terminal operator DP World yesterday (January 26) reported good volume growth in 2008 but also warned it was anticipating challenging market conditions for the foreseeable future. Read Full News Here
* USA - PortCheck names date for start of 'Clean Truck Fee' collection
PortCheck Inc, the company created by marine terminal operators to collect the 'Clean Truck Fee' at the US ports of Los Angeles and Long Beach, plans to start those operations on February 18. Read Full News Here
* Sweden - WWL launches Gothenburg as a Baltic transhipment hub
Wallenius Wilhelmsen Logistics (WWL) has signed a contract with the Swedish port of Gothenburg to establish that gateway as a transhipment centre for its services in the Baltic region. Read Full News Here
from Intermodal
* USA - Rail: the strongest freight transport sector in North America?
The past decade has seen a remarkable revival in the fortunes of North America’s railroads but those companies, too, are now suffering the effects of economic recession. Read Full Brief Here
* Canada - CN reports “solid” Q4 2008 performance
Canada-based North American railroad/intermodal freight operator CN last week reported its financial and operating results for the fourth quarter of 2008. Read Full News Here
* USA - Surface trade with Canada and Mexico slumps 14%
The value of trade using surface transportation between the US and NAFTA partners Canada and Mexico was 13.8% lower in November 2008 than in the comparable month the previous year, it was reported yesterday (January 29). Read Full News Here
Labels: transport and logistics news
posted by Unknown @ 9:36 AM
1 Comments:
Good Info, Good post !
I was here ! Thank you for your post and broadcast
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