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TRANSPORT & LOGISTIC NEWS * WORLDWIDE
Briefing Weekly News
(Photo from JOC: Jawaharlal Nehru Port, India)from Freight Forwarding
* DB Schenker moves HQ to Frankfurt
- Deutsche Bahn is reorganizing its logistics arm, ‘DB Schenker’, in what appears to be an attempt to refocus the management of the rail giant’s logistics business. Read Full Brief Here
* DHL launches new LCL Service from India to Los Angeles
- DHL has announced the launch of its new direct Less than Container Load (LCL) service from Nhava Sheva, India to Los Angeles. Read Full News Here
* Expeditors upgrades earnings guidance
- Expeditors International of Washington, Inc has announced that based on preliminary results, second quarter 2010 earnings per share will be better than expected. Read Full News Here
from Contract Logistics
* Smaller manufacturers reject global supply chain strategies
- A recent survey suggests that smaller manufacturing companies are rejecting low-cost sourcing strategies. Focusing products on this segment could pay dividends for express and logistics companies. Read Full Brief Here
* DB Schenker awarded US aerospace contract
- Schenker Logistics has signed a contract to operate a 3PL warehouse at Spirit AeroSystems’ greenfield start up located in North Carolina. Read Full News Here
* Beauty company selects SmartWay in Europe
- SmartWay Logistics has signed a long term contract with Coty Inc., a leading global beauty company, to provide European transportation management services. Read Full News Here
* CEVA wins contract to streamline Triumph’s supply chain
- CEVA Logistics has signed a three year contract worth €11 million per annum with Triumph Motorcycles. Read Full News Here
* Kerry Logistics prepares for cross-straits trade boom
- Kerry Logistics will build a new 42,000sqm logistics centre in Xiamen, Fujian Province, China, preparing the way for a significant increase in trade with Taiwan. Read Full News Here
from Express & Mail
* TNT Post UK investing for future growth
- TNT Post UK has announced that it is on track to expand its workforce by a fifth, increase its regional presence and invest significantly in its operations. Read Full News Here
from Road Freight
* NYK enhances inland service in China for finished vehicles
- NYK Logistics (China) Co. Ltd. (NLC) has ordered 100 car trailers to meet the inland transportation needs for China’s car market. Read Full News Here
* YRC Worldwide sees improvement in second quarter
- YRC Worldwide Inc. expects second quarter adjusted EBITDA to exceed the $5 million covenant level required by its credit agreement. Read Full News Here
* Norbert Dentressangle wins lubricants contract
- Norbert Dentressangle has secured a two-year contract extension with Emo Oil, which supplies a wide range of lubricants in the UK. Read Full News Here
* EC clears Geodis acquisition of Giraud
- The European Commission has approved, in accordance with the EU Merger Regulation, the acquisition of international road freight group Giraud by French global logistics company Geodis. Read Full News Here
from Air Cargo
* Lufthansa Cargo continues to see high growth in 2010
- Leading air cargo airline, Lufthansa Cargo, continued to grow at a remarkably fast rate through the first half of 2010. Read Full Brief Here
* Frankfurt Airport achieves record traffic
- Airfreight volumes at Frankfurt Airport have increased steadily since the start of the year despite the effects of winter weather, strikes and ash cloud. Read Full News Here
from Warehousing
* Dachser builds new Eurohub in France
- Dachser has commenced the construction of its third Eurohub in the municipality of Combronde, some 30 kilometres north of the French city of Clermont-Ferrand. Read Full News Here
* ProLogis leases facility near Toronto
- ProLogis, a leading global provider of distribution facilities, has announced it has signed two, second-quarter lease agreements in Toronto. Read Full News Here
from Shipping/Ports
* CMA CGM extends Latin America services
- The CMA CGM Group has announced the introduction of two new calls in Cartagena (Colombia) and Puerto Cabello (Venezuela). Read Full News Here
* CMA CGM confirms recovery
- CMA CGM Group has confirmed the sharp recovery in its business since the beginning of the year and named a new giant container ship. Read Full News Here
Labels: transport and logistics news
posted by Unknown @ 5:12 AM
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