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TRANSPORT & LOGISTIC NEWS * WORLDWIDE
Briefing Weekly News
from Freight Forwarding
* Special Feature: Weak transport holds back Africa's competitiveness
- Weak transport infrastructure and over-regulation is having a major impact on Africa’s competitiveness. This is one of the conclusions of a new report published at the World Economic Forum on Africa presently taking place in Cape Town, South Africa. Read Full Brief Here
* Dachser gains JV majority in Taiwan
- European logistics company Dachser has increased its participation in the joint venture company Dachser Taiwan Inc. through its Hong Kong subsidiary. Read Full News Here
from Contract Logistics
* Exclusive: New report ranks DB Schenker Number 1 in Europe
- DB Schenker is the largest overland transport operator in Europe, according to the rankings released today in Transport Intelligence’s latest report, European Road Transport & Logistics Markets 2009. Read Full Brief Here
* Maersk Logistics and Damco to merge under single brand
- The A.P. Moller – Maersk Group is to merge its supply chain management activities under the single brand name ‘Damco’. Read Full News Here
* 3PL Nexus Distribution expands warehouse space in Chicago
- Third-party logistics provider Nexus Distribution has announced that it has added a third warehouse to its Midwest region facilities. Read Full News Here
* Asbury Park Press Selects Ryder for Transportation Services
- Ryder System has announced that Asbury Park Press has selected it to provide Dedicated Contract Carriage (DCC) transportation services. Read Full News Here
* DHL announces enhanced strategy for Life Sciences and Healthcare Sector
- Following the recent launch of Deutsche Post DHL’s Strategy 2015, DHL has announced an enhanced strategy for customers in the Life Sciences and Healthcare sector. Read Full News Here
from Express & Mail
* UPS and pilots reach agreement to avoid lay offs
- UPS and its pilots' union, the Independent Pilots Association, have announced an agreement that averts the immediate furlough of 300 UPS pilots. Read Full News Here
from Road Freight
* Trade war looms over US-Mexican trucking
- The United States is experiencing one of its occasional bouts of protectionism with ‘America First’ policies affecting its economic stimulus package. It is also experiencing a low level trade war with Mexico centred on trucking between the two countries. Read Full Brief Here
* US freight index falls in April again
- The Freight Transportation Services Index (TSI) fell 1.2% in April from its March level, declining for the second consecutive month to the lowest level in seven years. Read Full News Here
* Echo Global Logistics acquires Raytrans
- Echo Global Logistics, Inc., the US transportation management firm, has acquired Raytrans Distribution Services, Inc., based in Illinois. Read Full News Here
from Air Cargo
* IATA expects airlines to lose $9 billion in 2009
- The International Air Transport Association (IATA) has revised its airline financial forecast for 2009 to a global loss of $9 billion. This is nearly double the association’s March estimate. Read Full Brief Here
from Warehousing
* ProLogis leases distribution centre in Romania to Geodis
- ProLogis has leased 90,000 square feet of newly developed space in Bucharest, Romania, to French logistics provider, Geodis. Read Full News Here
from Shipping/Ports
* CMA CGM announces rate restoration on Asia Europe trades
- Shipping line CMA CGM Group has decided to increase freight rates in the Asia-Europe trade to what it calls a ‘more sustainable level’. Read Full News Here
* Rate increases in the Far East to Europe trade
- Maersk Line has announced rate increases on its services from the Far East to Europe. Read Full News Here
from Intermodal
* New intermodal lock for London Olympics
- A new lock in London’s Olympic Park will enable more freight transport onto the waterways and will take pressure off London’s roads. Read Full News Here
* Call for European ministers to accelerate rail liberalisation
- The European Rail Freight Association is calling upon European Transport Ministers to push forward rail liberalization. Read Full News Here
* EU signs agreement for North-South rail freight axis
- The European Union has taken an important step towards developing a North-South rail freight axis using the European Rail Traffic Management System (ERTMS). Read Full News Here
Labels: transport and logistics news
posted by Unknown @ 12:48 AM
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