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TRANSPORT & LOGISTIC NEWS * WORLDWIDE
Briefing Weekly News
(Picture from JOC)
from Freight Forwarding
* DB Schenker’s profits halve in 2009
- Deutsche Bahn Group, the state-owned German rail and logistics entity, has released 2009 results heavily depressed by a sharp drop in profits at DB Schenker. Read Full Brief Here
* DHL launches new LCL service
- DHL has announced the launch of a new direct Less than container Load (LCL) weekly service from Hong Kong to Guatemala, Central America. Read Full News Here
* UTi sees margins squeezed in fourth quarter
- US logistics company UTi Worldwide Inc. has reported its financial results for its fiscal 2010 fourth quarter. Read Full News Here
from Contract Logistics
* Mergers and acquisition activity in India's logistics market hots up
- India, one of the most robust economies throughout the recession, is proving to be a popular market for acquisitions in the logistics sector, not least because of its strong growth prospects. Read Full Brief Here
* DHL opens new facility for Sony
- DHL Supply Chain has announced the official opening of a new purpose-built facility for Sony Australia and Sony Computer Entertainment Australia. Read Full News Here
* Kuehne + Nagel wins contract for AkzoNobel
- AkzoNobel Spain has chosen Kuehne + Nagel as the exclusive contract logistics provider to manage their Iberian distribution centre in Zaragoza. Read Full News Here
* Stobart wins UK drinks distribution contract
- UK logistics company Eddie Stobart has been awarded a three year warehousing and distribution contract with drinks manufacturer AG Barr Plc. Read Full News Here
* Gist wins regional distribution contract in UK
- UK logistics provider Gist has strengthened its relationship with office supplies wholesaler, VOW, taking over its delivery operations in the south west of the UK. Read Full News Here
* Kerry opens chemical tank depot in Thailand
- Kerry Logistics has strengthened its chemical logistics footprint in Thailand, opening a 10,500 sq m ISO tank depot. Read Full News Here
* Navistar promotes Menlo’s role to 4PL
- US automotive manufacturer Navistar, Inc. has extended the role of Menlo Worldwide Logistics to provide an expanded range of 4PL services. Read Full News Here
* Birds Eye awards DHL exclusive distribution contract
- DHL Supply Chain has been awarded a £30 million, three-year contract with Birds Eye to handle exclusive distribution of all Birds Eye frozen foods to UK customers. Read Full News Here
from Road Freight
* US NAFTA surface trade falls 23.3%
- Trade using surface transportation between the United States and its North American Free Trade Agreement partners Canada and Mexico decreased by 23.3% in 2009. Read Full News Here
* Geodis starts negotiations to acquire Giraud divisions
- Geodis has entered into exclusive negotiations to buy Giraud’s two remaining divisions, ‘Northern Europe’ and ‘Southern Europe’. Read Full News Here
* Europa Worldwide expands eastern European operations
- Europa Worldwide Logistics has announced that it is looking to extend its services in Central & Eastern Europe region. Read Full News Here
* TNT expands services in Russia
- TNT Express has expanded its international “Economy Express” freight service in Russia with a new road connection to Yekaterinburg. Read Full News Here
from Air Cargo
* IATA forecasts air cargo growth of 12%
- IATA has forecast that the air transport losses in 2010 will not be as bad as first thought, and that the air cargo market will see double digit growth. Read Full Brief Here
* BA World Cargo joins Air Cargo Security Partnership
- British Airways World Cargo has joined DHL Global Forwarding’s Strategic Air Cargo Security Partnership. Read Full News Here
from Warehousing
* ProLogis Leases in Mexico
- ProLogis has signed lease agreements totalling approximately 168,000 square feet to three customers in Mexico. Read Full News Here
from Shipping/Ports
* New backer may step in to aid French shipping giant
- The recapitalisation of the container shipping sector appears to be entering a new phase, with a major French investor indicating a willingness to help the troubled French giant CMA CGM through its present financial problems. Read Full Brief Here
* ELAA to be wound-up
- The European Liner Affairs Association is to be closed as its responsibilities transfer to the World Shipping Council. Read Full News Here
from Intermodal
* Asciano secures intermodal contract with Sadleirs Transport
- Australian transport company Asciano has announced a long term rail haulage contract with Australian Freight forwarding company Sadleirs Transport. Read Full News Here
Labels: transport and logistics news
posted by Unknown @ 11:08 AM
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