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Mar 10, 2010

TRANSPORT & LOGISTIC NEWS * WORLDWIDE

Briefing Weekly News


(Picture from joc.com)

from Freight Forwarding

* No surprises in K+N results but provision made for competition fine
- Kuehne + Nagel’s 2009 annual results released at the beginning of the week were unsurprising to the extent that they showed a heavy fall in revenue, yet a more modest fall in profit. Read Full Brief Here

* Damco wins Michelin deal in Vietnam
- Damco has been appointed by Michelin, one of the world’s largest tyre manufacturers, as its logistics provider in Vietnam. Read Full News Here

* DSV ‘satisfied’ with 2009 results
- European logistics provider DSV has published its annual results which management said were ‘satisfactory’ despite major falls in revenue and profits. Read Full News Here

from Contract Logistics

* A solid, if not pain-free, year for CEVA
- CEVA is no longer in intensive care and in fact, in many respects, the company is out-performing its peers, according to its latest annual results. Read Full Brief Here

* DHL wins €33m bitumen contract
- DHL Supply Chain has been awarded a contract worth €33.6m over five years by Petroplus. Read Full News Here

* Nippon Express enters joint venture in Brazil
- A subsidiary of Nippon Express has concluded an agreement with Aurora Terminais e Servicos Ltda, a warehousing company headquartered in Brazil. Read Full News Here

* Gist acquires Scottish cool chain operator
- UK logistics provider Gist has acquired temperature controlled distribution operator G&S International. Read Full News Here

* TDG acquires in Hungary
- UK logistics company TDG has recently acquired a Hungarian logistics company, RRS Logistics, extending its expansion into Central and Eastern Europe. Read Full News Here

* Tradeteam wins five-year drinks logistics deal
- Drinks logistics provider Tradeteam has announced a five-year deal with leading managed pub operator Mitchells & Butlers. Read Full News Here

* Schenker provides logistics services to Paralympic Games
- DB Schenker will provide the International Paralympic Committee logistics services for the Vancouver 2010 and London 2012 Paralympic Games. Read Full News Here

* Hellmann launches Hellmann Healthcare Logistics
- Hellmann Worldwide Logistics has expanded its portfolio to include Healthcare Logistics. Read Full News Here

from Road Freight

* US trucking jumps in January
- The American Trucking Association says that the US road freight market is in ‘recovery mode’ following a jump in its index in January. Read Full News Here

from Air Cargo

* Cathay Pacific and Air China announce cargo merger
- Cathay Pacific and Air China have agreed to merge some of their cargo operations through a purchase of 49% of Air China Cargo (ACC) by Cathay. Read Full Brief Here

* JAL and NYK end air cargo merger negotiations
- NYK has ended negotiations with Japan Airlines International (JAL) on a possible merger between JAL and NYK’s subsidiary, Nippon Cargo Airlines (NCA). Read Full News Here

from Warehousing

* ProLogis announces new Solar Project
- ProLogis, a leading global provider of distribution facilities, has announced that it will be developing the largest rooftop solar system in the USA’s Pacific Northwest. Read Full News Here

from Shipping/Ports

* DHL launches direct LCL services from the United States to Korea
- DHL has announced the launch of its direct Less than container load (LCL) services from New York and Chicago to Pusan. Read Full News Here

from Intermodal


* DB Schenker Rail tests new box for auto sector
- DB Schenker Rail Automotive has presented a new box for the transportation of automobile parts for Volkswagen in Wolfsburg, Germany. Read Full News Here

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