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TRANSPORT & LOGISTIC NEWS * WORLDWIDE
Briefing Weekly News
(Picture from TI.com: Automotive Car Carrier Vessel)
from Freight Forwarding
* IDS reports record profits
- Asia-based Integrated Distribution Services Group (IDS) has announced strong results backed by a robust performance in Asia. Read Full News Here
from Contract Logistics
* Will asset heavy operators lead the industry out of recession?
- With the recovery underway, the question is which sectors of the global logistics industry will benefit the most. Ti’s Chief Analyst, John Manners-Bell, looks at the prospects for asset-light and asset heavy operators in the upturn. Read Full Brief Here
* Samsung chooses CEVA in Italy
- CEVA Logistics has signed a three-year agreement worth €6.5 million with Samsung to manage the supply chain for its air conditioners in Italy. Read Full News Here
* DHL Supply Chain extends relationship with BP
- DHL Supply Chain has been awarded a four year contract worth £75 million (approximately €86m) to manage the UK warehousing and distribution of dry goods and chilled produce for BP's UK Convenience Retail business. Read Full News Here
* Vopak performs well in 2009
- Specialist chemical logistics provider, Vopak, has managed to increase revenues and operating profits despite the economic volatility. Read Full News Here
* Food ingredient specialist awards contract to TDG
- TDG has secured long-term business with Givaudan Nederland BV, one of the leading manufacturers in the flavour and fragrance industry. Read Full News Here
* Vectura outsources to Kuehne + Nagel
- Vectura AS has signed a three-year agreement to outsource warehousing and distribution activities at its Trondheim site to Kuehne + Nagel. Read Full News Here
* DHL doubles number of Clinical Trials Logistics depots
- DHL has increased its investment in the Clinical Trials Logistics sector, by doubling the number of its global depots from 8 to 16. Read Full News Here
from Express & Mail
* Strong profits yet FedEx still cautious
- FedEx has announced rising third quarter revenue and profits for most of its businesses, in what is being taken as a sign of growing economic confidence in the US. Read Full Brief Here
* TNT union members approve labour agreement
- Union members employed at TNT have approved the in-principle agreement on a new collective labour agreement (CLA) and a social plan. Read Full News Here
* Geodis acquires express parcel specialist
- French logistics provider Geodis has acquired Ciblex, France’s fourth-ranked groupage operator. Read Full News Here
from Road Freight
* Dentressangle increases margins despite revenue drop
- In 2009, Norbert Dentressangle reacted well to the difficult economic conditions managing to increase its margins, despite a drop in revenues. Read Full News Here
* YRC Worldwide reports improving trends
- US trucking company YRC Worldwide Inc has issued a statement saying that it is experiencing improving first quarter shipment trends. Read Full News Here
from Air Cargo
* Air cargo in Hong Kong jumps by a third
- Hong Kong Air Cargo Terminals Limited (Hactl) has released its tonnage throughput for February 2010 showing a big increase. Read Full News Here
from Shipping/Ports
* Wilhelmsen looks to raise capital for big acquisition
- The leading automotive logistics company Wilhelm Wilhelmsen is restructuring and floating part of its business in order to expand through acquisition. Read Full Brief Here
* APM Terminals announces investment in Liberia
- The Government of Liberia has announced that APM Terminals is the preferred bidder to operate the 25 year concession at the Port of Monrovia. Read Full News Here
* Port of Rotterdam results allow it to invest
- The Port of Rotterdam has published its annual figures for 2009 showing reasonably stable revenues and profits. Read Full News Here
from Intermodal
* Maxx Intermodal opens in Istanbul
- Maxx Intermodal Systems is continuing to expand its network by opening an office in Istanbul. Read Full News Here
Labels: transport and logistics news
posted by Unknown @ 6:50 AM
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