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Nov 21, 2009

TRANSPORT & LOGISTIC NEWS * WORLDWIDE

Briefing Weekly News



from Freight Forwarding


* Not ‘Perfect Freight Storm’ but tough times for Panalpina and Expeditors
- It appears that the next stage in the freight forwarders’ market cycle has begun to affect companies such as US-based Expeditors International and Panalpina. Read Full Brief Here

* Asia will lead world recovery, says BDP
- Asia will continue to deliver economic growth, according to Richard Bolte, president and chief executive officer of freight forwarder BDP International. Read Full News Here

* Toll Group expands in Middle East
- Toll Group has acquired Logistic Distribution Systems (LDS), one of the leading private international freight forwarding companies in the United Arab Emirates (UAE). Read Full News Here

* FedEx Trade Networks adds to freight forwarding operations
- FedEx Trade Networks has announced it has opened seven new freight forwarding offices across Asia and Europe as part of an aggressive global expansion plan. Read Full News Here

from Contract Logistics


* Wincanton holds up well in UK and Europe
- UK-based logistics company Wincanton has published its interim results, which show that revenues and profits have held up well in the circumstances. Read Full News Here

* Manheim Selects UPS to manage vehicle transport
- Manheim, a leading provider of automotive remarketing services, has selected UPS to oversee its entire supply chain for millions of used vehicles. Read Full News Here

* CEVA to manage key phases of the Carrier–Toshiba supply chain
- CEVA Logistics has renewed three separate one-year agreements with Carrier-Toshiba, the world’s leading producer of air conditioning systems. Read Full News Here

* Stobart wins distribution deal with Unilever
- UK logistics provider Eddie Stobart has secured a major distribution contract with Unilever UK. Read Full News Here

* Agility makes progress despite downturn
- Global logistics company Agility has reported continued profitability for the third quarter of 2009, despite the ongoing global economic crisis. Read Full News Here

from Express & Mail

* FedEx expands environmentally-friendly fleet
- FedEx Express has announced it will purchase 51 additional gasoline-electric hybrid vehicles from Azure Dynamics Corporation. Read Full News Here

* DHL Express expands relationship with shipping association
- DHL Express has announced that it has expanded its partnership with Retail Shipping Associates (RSA) in the US. Read Full News Here

from Air Cargo

* More signs of weak recovery in air cargo
- There are signs of a weak recovery in the air cargo market and, with capacity cut to the bone, this is having a major impact on rates and availability. Read Full Brief Here

* BA cargo revenues down nearly a third
- British Airways World Cargo has reported that its first half revenues have shown a decrease of 31% against the same period last year. Read Full News Here

from
Shipping/Ports


* Special Briefing: Cuts in shipping capacity 'risk empty shelves'
- To mark the end of the BBC’s year long project, ‘The Box’, which tracked a shipping container around the world, Ti’s Chief Executive, John Manners-Bell, was interviewed on radio and television about the state of the global shipping industry. This special briefing details some of the key points he raised. Read Full Brief Here

* Maersk forecasts a $1billion loss for full year
- Despite cuts in capacity and rises in freight rates, Maersk has continued to suffer from the global economic downturn, and forecasts a loss of $1 billion for the full year. Read Full Brief Here

* NOL expands in Western China
- Neptune Orient Lines (NOL) has announced that it will establish an administration and service centre in Chongqing Municipality, western China. Read Full News Here

from Intermodal

* Construction on new DB Schenker Terminal comes to close
- DB Schenker is constructing a new logistics centre near the Bulgarian capital of Sofia. Read Full News Here

from IT Solutions


* Keystone Distribution adopts Manhattan platform
- Manhattan Associates, Inc. has announced that Keystone Distribution UK has completed a successful implementation of Manhattan Associates’ Warehouse Management solution. Read Full News Here

from
Humanitarian Logistics


* Raleigh International seeks logistics professionals
- Leading education and youth charity Raleigh is on the hunt for talented and enthusiastic logistics professionals to volunteer in some of the world’s most stunning locations. Read Full News Here

(Photo from joc.com: Houston419)

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