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TRANSPORT & LOGISTIC NEWS * WORLDWIDE
Briefing Weekly News
from Freight Forwarding
* Switzerland - Panalpina reports reasonable 2008 results – and extensive job cuts
- Panalpina is the latest major global freight forwarder to announce extensive job losses after releasing a mixed set of annual results for 2008. Read Full Brief Here
* Germany - Dachser acquires 10% stake in Spanish partner Azkar
- German worldwide forwarder and logistics provider Dachser yesterday (March 19) announced it had acquired a 10% share in Spanish logistics provider Azkar. Read Full News Here
from Contract Logistics
* UK - Retailing giant takes part of its logistics in-house
- It has been revealed that the UK’s largest retailer, Tesco, has decided to take some of its distribution operations in-house. The move follows a company review of supply chain strategy. Read Full Brief Here
* Germany - DB Schenker opens ‘flagship’ logistics centre in Vietnam
- Schenker Vietnam Co Ltd yesterday (March 17) opened a flagship facility in Binh Duong Province, close to Ho Chi Minh City. Read Full News Here
from Express & Mail
* USA - FedEx calls the bottom after a tough third quarter
- "We have probably hit the bottom (of the economic downturn)," Fred Smith commented to analysts during the presentation of FedEx Corporation’s latest quarterly figures yesterday, March 19. Read Full Brief Here
* Germany - time:matters announces cooperation with Brussels Airlines
- Lufthansa Cargo group’s special service provider for courier, sameday and emergency logistics, time:matters, has formed a partnership with Belgian carrier Brussels Airlines. Read Full News Here
* USA - State of New York selects DHL as international express provider
- The US State of New York, Office of General Services, has awarded DHL one of two five-year state-wide contracts for international express shipping services. Read Full News Here
from Road Freight
* France - Geodis buys two Giraud International divisions
- Geodis, part of the Transport and Logistics division of French rail organisation SNCF, it set to acquire part of the activities of another French transport/logistics provider, Giraud International. Read Full News Here
from Air Cargo
* UK - BA World Cargo retains Stansted as longhaul freighter base
- British Airways World Cargo is to continue operating its longhaul freighter programme to/from the Far East, South Asia and North America out of London Stansted. Read Full News Here
* USA - Agility DGS wins $5m a year military stores air freight contract
- Agility Defense & Government Services has won a contract to provide air freight pick-up and delivery services for US Army & Air Force Exchange Service stores around the world. Read Full News Here
from Shipping/Ports
* Dubai - Jebel Ali Port launches online general cargo services
- DP World has announced the launch of online general cargo services for customers at its flagship Jebel Ali Port in the UAE. Read Full News Here
* Norway - Automotive logistics specialist WWL to lay up 15-20% of vessel capacity
- Latest confirmation of the severe downturn in the global automotive industry comes from one of the leading logistics players serving that market, Wallenius Wilhelmsen Logistics (WWL). Read Full News Here
* Japan - Four lines to launch joint Far East-South Africa-South America service
- Four Asian container shipping lines are to launch a joint service between the Far East, including China, and the east coast of South America, via South Africa, from mid-June. Read Full News Here
* Dubai - DP World assumes operating concession at port of Algiers
- Dubai-based global marine terminal operator DP World yesterday (March 19) reported it had officially taken control of operations at the North African port of Algiers. Read Full News Here
Labels: transport and logistics news
posted by Unknown @ 3:15 PM
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