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TRANSPORT & LOGISTIC NEWS * WORLDWIDE
Briefing Weekly News
(Image: Evergreen's container vessel)
from Freight Forwarding
* UPS benefits from strong last quarter
- UPS has announced a strong set of results as it benefited from a strong peak shipping period in the last quarter of 2009. The good news has continued into 2010. Read Full Brief Here
* Logwin opens new location in Dubai
- European logistics service provider Logwin has opened a new additional office in the Dubai Airport Free Zone Authority (DAFZA). Read Full News Here
* Kuehne + Nagel expands in Belarus
- Kuehne + Nagel has established a wholly-owned subsidiary in Belarus, based in the capital of Minsk. Read Full News Here
* Toll acquires US Freight Forwarder
- Toll Group has announced the acquisition of Summit Logistics International, one of the United States’ leading independent freight forwarders. Read Full News Here
from Contract Logistics
* Genopharm appoints arvato services healthcare
- French pharmaceuticals manufacturer Genopharm has selected arvato services healthcare to handle warehousing and distribution of its product range. Read Full News Here
* WWL renews Jaguar and Land Rover contract
- Wallenius Wilhelmsen Logistics (WWL) has renewed a contract with Jaguar Land Rover (JLR) to ship its vehicles from the United Kingdom to North America and Oceania. Read Full News Here
from Express & Mail
* TNT wins unions agreement whilst DP loses court case
- The European postal sector is undergoing continuing change as the major players in Germany and the Netherlands experience differing levels of success in managing their labour costs. Read Full Brief Here
* TNT has positive fourth quarter
- TNT has issued a statement saying that it has continued to see a positive development of its volumes in its Express division in the last quarter of 2009. Read Full News Here
from Road Freight
* UPS benefits from strong last quarter
- UPS has announced a strong set of results as it benefited from a strong peak shipping period in the last quarter of 2009. The good news has continued into 2010. Read Full Brief Here
* Investment can improve UK roads’ poor safety, says FTA
- UK transport trade body, the Freight Transport Association (FTA), has called for greater investment in road infrastructure along with a more intelligent approach to speed limits. Read Full News Here
* Saia revenues down 12%
- Saia, Inc., a leading US less-than-truckload (LTL) carrier, has reported that its fourth quarter 2009 revenues are down. Read Full News Here
* Covenant Transportation cuts its losses
- Covenant Transportation Group, Inc. has announced financial and operating results for the last quarter. Read Full News Here
from Air Cargo
* Pemco seals deal with Yangtze River Express and Hong Kong Airlines Cargo
- Pemco World Air Services has announced that it entered into an agreement to convert six 737-300 passenger aircraft to freighters. Read Full News Here
from Warehousing
* AMB leases distribution space in Tokyo
- AMB Property Corporation has leased space at its AMB Tsurumi Distribution Center development in Tokyo, Japan. Read Full News Here
from Shipping/Ports
* German Port Groups see falls but remain in profit
- Two of Europe’s largest port groups have reported depressed year-end figures for 2009, but both say they have managed to remain in profit. Read Full Brief Here
* "K" LINE to participate in US Logistics Service Provider
- Japanese shipping line Kawasaki Kisen Kaisha ("K" LINE) has announced that it has taken a stake in Air Tiger Express Companies, Inc. Read Full News Here
* CMA CGM obtains new financing
- CMA CGM has signed an agreement to release $80 million in financing. Read Full News Here
from Intermodal
* Independent Rail Operators Federation file complaint against Polish authorities
- The Independent Rail Operators Federation in Europe has filed a complaint against the Polish authorities with the European Commission. Read Full News Here
* Logwin sells land transportation activities in Eastern Europe and Austria
- The logistics company Logwin AG and Augustin Network GmbH have agreed the terms for Logwin’s sale of its Eastern European Road + Rail activities. Read Full News Here
Labels: transport and logistics news
posted by Unknown @ 9:27 AM
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