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TRANSPORT & LOGISTIC NEWS * WORLDWIDE
Briefing Weekly News
(Picture from JOC)
from Freight Forwarding
* Globe Express Services and Overseas Group merge
- The management teams of Overseas Group and Globe Express Services have announced they are to merge. Read Full News Here
* WWL wins VW contract
- Wallenius Wilhelmsen Logistics (WWL) has been awarded the vehicle processing and yard management business at Volkswagen’s Chattanooga Operations. Read Full News Here
* Freight Forwarding Index hits all-time high
- Danske Bank’s proprietary European Freight Forwarding Index continues to improve and reached an all-time high in March. Read Full News Here
from Contract Logistics
* US freight volumes continue to grow
- Rail and sea freight volumes into and within the US continue to grow, suggesting a sustained recovery in the logistics sector. Read Full Brief Here
* GEFCO’s revenues down but margins steady
- French logistics and finished vehicle specialist GEFCO saw revenues drop steeply in 2009 but margins remained steady. Read Full News Here
* CEVA wins Mid East Procter & Gamble contract
- CEVA Logistics has signed an agreement with Procter & Gamble (P&G) to provide integrated supply chain services in Dubai. Read Full News Here
* Russian automotive intermodal project a success
- The first complete train of automotive parts destined for the PSA Peugeot Citroën and Mitsubishi plants has arrived in Kaluga, Russia. Read Full News Here
* DHL extends relationship with Volkswagen
- DHL Supply Chain has announced that it is to increase its long-standing cooperation with the automobile manufacturer Volkswagen in Slovakia. Read Full News Here
* DHL wins global logistics contract with Staples
- DHL has been awarded a multi-million dollar contract by the world’s largest office supplies company, Staples. Read Full News Here
from Express & Mail
* TNT Mail spin-off prompts take-over speculation
- TNT has announced plans to spin-off its Mail division and focus on Express. This could make it even more vulnerable to take-over by UPS or FedEx. Read Full Brief Here
* DHL and Unions announce agreement
- DHL Express and trade unions, BBTK, LBC and ACLVB, have announced the signing of a Collective Labor Agreement outlining details of a support package for employees. Read Full News Here
* TNT issues first quarter trading update
- TNT’s express volumes have grown in double digits compared to the same quarter in 2009, but are still down on earlier years. Read Full News Here
from Road Freight
* GEFCO’s revenues down but margins steady
- French logistics and finished vehicle specialist GEFCO saw revenues drop steeply in 2009 but margins remained steady. Read Full News Here
* P&O Ferrymasters launches new LCL service
- European logistics provider P&O Ferrymasters has announced the launch of its new LCL (Less than Container Load) service from Germany and Benelux to Ireland. Read Full News Here
* YRC Worldwide sees improvement in shipment volumes in Q1
- YRC Worldwide has reported first quarter shipment statistics for its YRC National Transportation and YRC Regional Transportation segments. Read Full News Here
from Air Cargo
* ABX Air and DHL reach agreement
- ABX Air has reached an agreement with DHL to continue supporting the US portion of DHL’s international operations. Read Full News Here
from Shipping/Ports
* Maersk ships rice to Haiti for free
- Maersk Line, the world's largest container shipping line, has announced that it will provide free ocean freight for 147 containers (3,525 metric tons) of rice. Read Full News Here
from Intermodal
* Schenker expands in Italy
- Schenker Italiana S.p.A. has expanded its capacity in the greater Milan area through the establishment of a new Land Transport gateway in Peschiera Borromeo. Read Full News Here
Labels: transport and logistics news
posted by Unknown @ 11:51 AM
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