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TRANSPORT & LOGISTIC NEWS * WORLDWIDE
Briefing Weekly News
from Freight Forwarding
* Germany - K+N's margins rise despite plummeting revenue
Kuehne + Nagel has published its results for the first quarter of 2009, providing an insight into the extent of the global economic slowdown. Read Full Brief Here
* Saudi Arabia - Saudi JV logistics company Wared launches operations
Wared Logistics, a new Saudi Arabia-based provider of logistics services for the Middle East and North Africa region, has formally launched its “comprehensive” offerings. Read Full News Here
* Germany - Deutsche Post DHL previews Q1 2009 results
Deutsche Post DHL yesterday (April 22) reported it had seen volume declines increase across all products and divisions in the first quarter of this year compared with the fourth quarter of 2008. Read Full News Here
from Contract Logistics
* USA - Harsh downturn in logistics profits as UPS searches for recovery
Memphis-based rival FedEx may think the US and global economies have hit the bottom but there is little sign yet of recovery in UPS’s latest figures announced yesterday (April 23). Read Full Brief Here
* USA - Menlo launches programme for Bayer MaterialScience
Menlo Worldwide Logistics has reported the launch of an integrated transportation planning, optimisation and management programme for Bayer MaterialScience. Read Full News Here
* UK - Retailer BHS selects K+N for furniture deliveries
Kuehne + Nagel announced last week that it had been chosen by UK retailer BHS to handle furniture deliveries to customers’ homes. Read Full News Here
* USA - Boeing expands supply chain management contract with Ryder
Ryder System this week announced that The Boeing Company had selected it to manage the global aerospace group’s freight bill payment and audit process. Read Full News Here
from Express & Mail
* Germany - DHL and UPS fail to agree on US air express co-operation
Talks between DHL and UPS over using UPS aircraft for DHL’s US express business have been terminated and DHL is to move its main hub back to Cincinnati. Read Full Brief Here
* Germany - DHL spotlights "significant growth" in SE Asia road express services
DHL has reported that businesses in South East Asia are widely embracing road-based express services, encouraged by a requirement for reliable but cost-effective transport solutions. Read Full News Here
* The Netherlands - TNT Post workers reject proposed labour agreement
Trade union members have rejected an in-principle agreement on a new three-year collective labour deal for TNT Post operations staff in the Netherlands. Read Full News Here
from Road Freight
* USA - Ryder reports 22% drop in total revenue
US-based freight transport, logistics and supply chain management solutions provider Ryder System has published its results for the three-month period ended March 31, 2009. Read Full News Here
from Air Cargo
* Germany - DHL notifies ATSG of intent to reactivate Cincinnati facility
DHL Express has informed ATSG subsidiary ABX Air that the express company is to move its US gateway from Wilmington, Ohio, to Cincinnati/Northern Kentucky International Airport. Read Full News Here
* Switzerland - ATA reports continued decline in air cargo traffic
The Air Transport Association of America has reported a 21% year-on-year decline in cargo traffic, measured in revenue ton miles, for February. Read Full News Here
* Italy - Reborn Cargoitalia confirms planned start-up next month
Cargoitalia - an Italian all-cargo airline being relaunched under new ownership - has finalised its initial management line-up and confirmed plans to start operations in late May. Read Full News Here
from Shipping/Ports
* China - Southern China shippers protest over planned new shipping line charge
Shipper organisations in the southern China region have joined forces to fight plans by Hong Kong-based global container shipping line OOCL to implement a new charge. Read Full News Here
from Intermodal
* Australia - Asciano provides update on sell-off plans
Leading Australian rail and port operator Asciano yesterday (April 21) issued an update on progress with the group’s previously-announced plans to sell off some or all of its businesses. Read Full News Here
Labels: transport and logistics news
posted by Unknown @ 11:38 AM
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