TRANSPORT & LOGISTIC NEWS * WORLDWIDE
Briefing Weekly News
from Freight Forwarding
* Looking back over a decade - and at prospects for 2010
- The last 10 years saw a transformation of the global logistics industry – and with the battle to survive economic recession still far from over, 2010 is set to see further substantial upheaval. Read Full Brief Here
* GAC announces expansion and restructuring of UK services
- Dubai-based global shipping, logistics and marine services group GAC this week reported the merger of its UK operations “to better meet clients’ needs”. Read Full News Here
* DB Schenker wins €350m contract for Australia’s Gorgon Project
- Kellogg Joint Venture has awarded German global forwarder DB Schenker the contract to provide worldwide and national transport for the massive Gorgon gas project in Australia. Read Full News Here
* Björk.Eklund acquires 16 NTN companies
- Sweden’s Björk.Eklund Group has acquired 16 companies which were until now part of the Norwegian Transport Network (NTN) Group. Read Full News Here
from Contract Logistics
* WWL to ship Chryslers from North America to Europe and Australia
- US automotive manufacturer Chrysler has selected Wallenius Wilhelmsen Logistics (WWL) to provide ocean transportation on two major trade lanes. Read Full News Here
* Culina and SHS launch new logistics solution in Ireland
- Culina Group and SHS Group have this month launched a new joint venture supply chain solution across Ireland targeted at food and drink manufacturers. Read Full News Here
from Express & Mail
* DHL Express continues rationalisation in Europe
- DHL has announced the sale of two businesses in the UK – domestic parcels and container logistics. Read Full Brief Here
* Special Feature: Interview with Wolfgang Lehmacher, President & CEO GeoPost Intercontinental
- In an exclusive interview with Transport Intelligence, Wolfgang Lehmacher, President & CEO GeoPost Intercontinental sets out how his company has coped with the economic downturn and why he believes his company is well placed for expansion during the recovery. Read Full Brief Here
from Road Freight
* YRC claims "major turning point" in financing battle
- Financially-troubled US trucking group YRC Worldwide announced on December 31 that it had been successful with its previously-announced debt-for-equity exchange offers. Read Full News Here
* US truck tonnage index jumped nearly 3% in November
- The American Trucking Associations’ advance seasonally adjusted For-Hire Truck Tonnage Index increased 2.7% in November, following a 0.2% contraction in October. Read Full News Here
from Air Cargo
* Asia Pacific airlines report 12% cargo growth in November
- Preliminary figures for November released by the Association of Asia Pacific Airlines provided further evidence of a “modest recovery” in both passenger and air cargo air traffic demand. Read Full News Here
* IATA reports global air freight increase – but from a low base
- New figures published by IATA (International Air Transport Association) show a 9.5% improvement in global scheduled international air freight traffic during November. Read Full News Here
* Emirates to boost cargo capacity and European connections out of Indonesia
- Dubai-based airline Emirates is set to strengthen its position in the Indonesian air cargo market with a planned further increase in flight frequencies to and from that country. Read Full News Here
from Shipping/Ports
* Recovering freight volumes may not be enough to resolve container shipping sector problems in 2010
- Global freight volumes may be recovering but the container shipping sector remains burdened with problems, a situation which looks set to continue through 2010. Read Full Brief Here
* Jeddah’s Red Sea Gateway Terminal starts commercial operations
- The completion of the first phase of the newest major container facility at Saudi Arabia’s Jeddah Islamic Port, Red Sea Gateway Terminal (RSGT), was celebrated in late December. Read Full News Here
* US retail container port volume expected to end two years of declines
- Import cargo volume at major retail container ports in the US is expected to see three straight months of gains in early 2010, according to the latest monthly Port Tracker report. Read Full News Here
* Rotterdam reveals 10% drop in annual container throughput
- Europe’s leading container port, Rotterdam in the Netherlands, suffered a 10% drop in box traffic last year, compared with 2008, to 9.8m TEUs. Read Full News Here
* DP World presses ahead with London Gateway project
- DP World has confirmed its intention to push on with the construction of a planned major new container port in the UK. The company also now plans to list on the London Stock Exchange. Read Full News Here
from Intermodal
* US surface trade with NAFTA neighbours dropped 15.5% in October
- Trade using surface transportation between the US and NAFTA partners Canada and Mexico was 15.5% lower in October 2009 than in October 2008, the US Bureau of Transportation Statistics reported this week. Read Full News Here
(Pïcture from joc: ocean freight)
Labels: transport and logistics news
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