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TRUCKING INDUSTRY * WORLDWIDE
* USA - Truckload Rates Fell 9.4 Percent, Carrier Says
Chattanooga,TN,USA -The Journal of Commerce Online -Nov 13, 2009: -- Price reductions matched capacity cuts for truckload carrier Covenant... Average truckload rates fell 9.4 percent in the third quarter despite sharp cuts in capacity compared to last year, carrier Covenant Transport said in a securities filing... The reduction in capacity helped the carrier improve truck productivity, based on freight revenue per total mile, 0.8 percent in the third quarter compared to the same quarter a year ago... But what it called the “lackluster freight environment” for shipping cut deeply into pricing, which reduced overall freight revenue 18.2 percent, a major reason Covenant reported a $13.6 million net loss in the quarter... (Photo from joc.com: Covenant truck)
* USA - FedEx Trade Networks adds to freight forwarding operations
Memphis,TENN,USA -Transport Intelligence (UK) -13 Nov 2009: -- 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. The company has opened a total of 14 new freight forwarding locations in 2009... In Asia, the facilities are located in Xiamen, Tianjin, Dalian and Ningbo, China, as well as a representative office in Ho Chi Minh City, Vietnam. These new offices support the company's international freight forwarding operations and provide comprehensive coverage in key Asia-Pacific trade lanes. In Europe, the company opened two new facilities in Paris, France and Amsterdam, Netherlands... (Images from quickblogcast: FedEx Ground Desert)
* Germany - Kuehne + Nagel gets passport
Bremen,Germany -HGV Ireland -November 12, 2009: -- Kuehne + Nagel, a leading global logistics provider, is the first company to receive the Good Distribution Practice Passport from Life Sciences Ireland, an industry grouping within the Irish Exporters Association... It is the culmination of two years of development work between the IEA, Irish life sciences manufacturers, the Irish Medicines Board (IMB) and logistics companies providing services to the sector. The GDP standard recognises an increased need for further compliance and regulatory requirements in the international supply chain; logistics companies that comply with a set of defined criteria may be awarded the Life Sciences Ireland GDP Passport... Kuehne + Nagel is the first company to complete all phases of the GDP compliance training and to have met the criteria necessary to become a GDP Passport holder...* UK - Stobart wins distribution deal with Unilever
Carlisle,Cumbria,UK -Transport Intelligence -13 Nov 2009: -- UK logistics provider Eddie Stobart has secured a major distribution contract with Unilever UK. The agreement will see Eddie Stobart provide ambient transport solutions covering the majority of Unilever's manufacturing and distribution activities in the UK... Under the new three year contract, which creates £60 million of extra business, Eddie Stobart will undertake customer deliveries from several Unilever UK distribution centres. In addition, Eddie Stobart will also undertake deliveries into those distribution centres from Unilever's UK manufacturing plants... Unilever's link-up with Eddie Stobart is the first time its UK arm has awarded such a significant amount of its ambient transport needs to a single provider... (Picture from freefoto: Eddie Stobart Truck) 
Labels: trucking industry worldwide
posted by Unknown @ 9:30 AM
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