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TRANSPORT & LOGISTIC NEWS * WORLDWIDE
Briefing Weekly News
(Photo from thewallpapers: Boeing-787)
from Freight Forwarding
* Corruption allegations made against Panalpina and EGL
- The American Department of Justice has entered a case against Panalpina, EGL (now part of CEVA) and the defence contractor Kellogg Brown and Root (KBR) alleging corruption in forwarding contracts for logistics serving US forces in Iraq. Read Full Brief Here
* GAC opens new office in Kuwait
- Middle East based shipping and logistics service provider GAC Kuwait has announced the opening of its latest branch at Kuwait International Airport. Read Full News Here
* DHL launches customs brokerage in South Korea
- DHL Global Forwarding has announced the launch of Customs Brokerage services in South Korea. Read Full News Here
* GAC opens Oslo Airport office
- The GAC Group has opened its newest logistics office at Oslo International Airport in Norway. Read Full News Here
from Contract Logistics
* Global Logistics industry still left with acquisition 'hangover'
- New research contained in Ti’s recent report ‘Financial Ratio Analysis and Benchmarking of Global Transport & Logistics Sector Leaders 2010’, reveals that the industry is still suffering the hangover from its acquisition binge of the past ten years. Read Full Brief Here
* Marco's Pizza chooses Ryder in Midwest
- Ryder System, Inc. has announced that it has been awarded a Dedicated Contract Carriage transportation contract with Marco's Pizza Distribution in the US. Read Full News Here
* Stobart reports strong figures
- Stobart Group, a leading UK logistics provider, has announced its preliminary results for the 12 months ended 28 February 2010. Read Full News Here
from Express & Mail
* Deutsche Post DHL's profits soar in first quarter
- Deutsche Post DHL, has published its first quarter results, showing a sustained improvement in its profitability as the economy rebounds. Read Full Brief Here
* TNT and Con-way open new US gateways
- TNT and Con-way Freight have announced the expansion of intercontinental connections between the USA and Europe. Read Full News Here
from Road Freight
* Con-way reports loss in first quarter
- Despite Con-way’s revenues soaring in the first quarter of 2010, the company recorded a net loss. Read Full News Here
* Kuehne + Nagel signs deal with Boehringer Ingelheim
- Boehringer Ingelheim, a leading pharmaceutical company, has chosen Kuehne + Nagel for the management of its temperature controlled transport in five East European countries. Read Full News Here
* Militzer & Münch opens joint venture in Libya
- M&M Militzer & Münch has signed a joint venture agreement with Tegerhy International Shipping Co., Tripoli/Libya. It is the first joint venture of its kind. Read Full News Here
* Aramex expands road services to Scandinavia
- Aramex, the Middle East based logistics and transportation solutions provider, has launched a specialist road freight service to and from Scandinavia. Read Full News Here
from Air Cargo
* FedEx to buy more air freighters
- FedEx Express has announced agreements to purchase six additional B777F air freighters for its fleet. Read Full News Here
from Warehousing
* ProLogis leases space to Japanese internet shopping company
- ProLogis has signed a new lease for 269,000 square feet (25,000sqm) to Rakuten Inc., the largest internet shopping mall and related internet service company in Japan. Read Full News Here
from Shipping/Ports
* Container shipping resurrected as Maersk shows a profit
- A string of improving results from shipping lines confirms the effect of the remarkable bounce in freight volumes. Read Full Brief Here
* ‘Mathilde Maersk’ becomes largest vessel ever to call Vietnam
- The largest vessel ever to visit Vietnam, the ‘Mathilde Maersk’, has made its inaugural call at the SP-PSA International Port in Vung Tau. Read Full News Here
from Intermodal
* Pacer increases revenues and returns to profit
- Pacer International, Inc., the asset-light North American freight transportation and logistics services provider, has reported encouraging results in the first quarter. Read Full News Here
from IT Solutions
* Damco ramps up investment with Kewill
- Kewill, a leading global trade and logistics software provider, has announced it is delivering its forwarding system globally for Damco. Read Full News Here
Labels: transport and logistics news
posted by Unknown @ 11:27 AM
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