TRANSPORT & LOGISTIC NEWS * WORLDWIDE
Briefing Weekly News
(Picture from joc: Going to the sunset: A true truck shot)
from Freight Forwarding
* Toll successfully tenders for billion dollar defence contract
- Toll Group has announced the conclusion of negotiations for the supply of relocation services to the Australian Department of Defense. Read Full News Here
* Panalpina nominated by VSB
- Panalpina Brazil has been nominated by VSB as the Logistics Operator for all of its inbound cargo for its new plant located in the state of Minas Gerais, Brazil. Read Full News Here
from Contract Logistics
* Agility faces investigation by US Department of Justice
- The US Department of Justice has begun an investigation into allegations of price-fixing by Agility related to some major Defense Logistics contracts. Read Full Brief Here
* Fuel supplies threatened as tanker drivers balloted
- UK union Unite has announced that it is to ballot BP tanker drivers who deliver fuel to the forecourts of Sainsbury's supermarkets. Read Full News Here
* Embraer selects CEVA the Middle East
- CEVA Logistics has signed a three year contract with Embraer, the world’s largest manufacturer of commercial jets up to 120 seats. Read Full News Here
* YRC Logistics sells DCC business to Greatwide
- YRC Worldwide Inc. has announced that its YRC Logistics segment has sold its U.S. dedicated contract carriage business to Greatwide Logistics Services. Read Full News Here
from Express & Mail
* New report: Express parcels market to return to growth in 2010
- The global express parcels market will contract by 13% in 2009 according to the latest figures revealed by Transport Intelligence in its just-published report, Global Express 2010. Read Full Brief Here
* FedEx Ground opens new facility in Miami
- FedEx Ground, the small-package ground delivery unit of FedEx Corp., has opened a new distribution facility in Florida. Read Full News Here
* UPS raises 2010 Rates
- UPS has released new list rates for 2010, including increases for UPS Ground packages as well as air express. Read Full News Here
* UK Mail PLC increases interim profits
- UK express and mail group UK MAIL has released its interim results for its first half showing revenues slightly down but profits up. Read Full News Here
* FedEx launches International Next Flight
- FedEx Express has launched FedEx International Next Flight, an expedited delivery service from the UK and Ireland. Read Full News Here
from Road Freight
* Emerson out-sources transport to Schneider National
- Schneider National has announced that it will take over operations of the Emerson transportation division by the end of 2009. Read Full News Here
* ATA Truck Tonnage falls in October
- The American Trucking Associations’ advance seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 0.2% in October. Read Full News Here
from Air Cargo
* Asian airlines association says recovery ‘tentative’
- Preliminary traffic data released by the Association of Asia Pacific Airlines (AAPA) for October indicate that the recovery remains tentative. Read Full News Here
from Warehousing
* Dubai debt problems raises questions about DP World’s future
-The news of what appears to be an effective default on the debts of Dubai World has shocked the financial markets. It may also have a big impact on the logistics sector. Read Full Brief Here
from Shipping/Ports
* PD Ports acquired by private equity company
- PD Ports, a leading UK ports & logistics business based in Middlesbrough, UK, has confirmed that it is under new ownership. Read Full News Here
* CMA CGM optimizes transatlantic services
- CMA CGM, the world’s third largest container shipping company, has announced the reorganization of its transatlantic Liberty Bridge and St. Laurent services. Read Full News Here
* CMA CGM claims significant recovery
- CMA CGM, the French-based shipping line, has stated that its savings plan combined with increasingly firm volumes and rates is producing initial beneficial effects. Read Full News Here
* ZIM introduces 'Super Slow Steaming'
- Two major ZIM services will employ 'Super-Slow Steaming', a measure which it says will enable substantial fuel savings. Read Full News Here
Labels: transport and logistics news
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