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Oct 30, 2009

TRANSPORT & LOGISTIC NEWS * WORLDWIDE

Briefing Weekly News



from Freight Forwarding

* K+N revenues fall by almost a quarter
- Kuehne + Nagel has released its financial figures for the first nine months of 2009. The company said that it had achieved very satisfactory operational results despite tumbling revenues. Read Full Brief Here

* CEVA issues guidance on Q3 performance
- Ahead of its Quarter Three 2009 results, CEVA has issued a statement saying that its business has seen the market continue along a similar trend to the previous period. Read Full News Here

* CH Robinson beats market expectations
- CH Robinson, the North American based logistics company, has reported its financial results for the third quarter. Read Full News Here

from Contract Logistics

* UPS continues to suffer depressed markets
- Scott Davis, CEO of UPS might be “encouraged by the signs of economic recovery” but his company continues to suffer heavily depressed volumes and profits. Read Full Brief Here

* Wincanton establishes direct imports capability for tyre company
- Wincanton has been appointed by Micheldever Tyres to set up a direct import and trunking solution for the UK. Read Full News Here

* Hilti and Kuehne + Nagel agree partnership
- Hilti has entered into strategic partnership with Kuehne + Nagel for the planning, implementation and management of its future logistics locations in Europe. Read Full News Here

* Dentressangle wins frozen food logistics contract
- Norbert Dentressangle has been awarded a two year temperature controlled storage and distribution contract with major UK baked goods manufacturer, Speedibake. Read Full News Here

* Schenker wins European healthcare contract
- DB Schenker has won a three year contract to establish and execute the European distribution network for healthcare product supplier Systagenix. Read Full News Here

from Express & Mail

* FedEx sees signs of life as it expands European hub
- As FedEx extends its European hub at Charles de Gaulle airport in Paris, a senior executive has commented that he sees positive signs in the market. Read Full Brief Here

* Swiss Post Solutions ties up with GAC in Middle East
- Swiss Post Solutions has signed a strategic agreement with logistics company GAC, enabling its document services to be available to businesses throughout the Middle East. Read Full News Here

from Road Freight

* CEVA Ground launched in Brazil
- CEVA Logistics has launched its new ground transportation arm, CEVA Ground, in Brazil. Read Full News Here

from Air Cargo

* Lufthansa Cargo and Hermes increase cooperation
- Lufthansa Cargo and Hermes Transport Logistics have announced that they are increasing their level of cooperation. Read Full News Here

from Warehousing


* ProLogis leases to two customers near Tokyo
- ProLogis has announced it has leased 188,000 square feet (17,500 square metres) during the third quarter to two customers in Japan. Read Full News Here

* ProLogis leases to Panalpina in Germany
- ProLogis has leased a total of 227,000 square feet (21,100 square metres) to two customers in southwestern Germany at ProLogis Park Neuenstadt, including Panalpina. Read Full News Here

* CEVA opens new warehouse in Dubai
- CEVA Logistics has opened a 12,000 sqm warehouse in Dubai to reinforce its presence in the region. Read Full News Here

from Shipping/Ports

* CMA CGM increases Vietnam service
- CMA CGM has announced a new call at Saigon Premier Container Terminal on its FAS Vietnam service. Read Full News Here

* ZIM restructuring plan nears approval
- ZIM Integrated Shipping Services (ZIM) has confirmed that its proposed financial restructuring plan is nearing final approval. Read Full News Here

* Port of Antwerp’s volumes down 19%
- During the first nine months of 2009 the port of Antwerp handled nearly 117 million tonnes of freight representing a drop of 19.1%. Read Full News Here

(Photo from JOC: Threaded Thoughts)

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