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TRANSPORT & LOGISTIC NEWS * WORLDWIDE
Briefing Weekly News
(Photo from JOC)from Freight Forwarding
* DHL launches international trade initiative for SME’s in the US
- DHL has launched a “comprehensive” international trade initiative in the US to help small and medium-sized enterprises (SME’s) overcome challenges faced when performing business globally. Read Full News Here
* DHL wins forwarding contract for Australia's largest desalination plant
- DHL Global Forwarding has been named the logistics partner for the Victoria Desalination Project in Australia. Read Full News Here
* Forward Air operating revenue up almost a quarter
- US logistics company Forward Air Corporation has reported first half operating revenue grew by 22.5% in its latest quarterly results. Read Full News Here
* Hub Group benefits from strong US freight market
- Hub Group, Inc. has announced its latest financial results showing a leap in revenues and a strong performance in profitability. Read Full News Here
from Contract Logistics
* US Attorney moves to dismiss indictment against Agility
- It has emerged that the United States Attorney's office in Atlanta has moved to dismiss an indictment against Agility DGS Holdings. Read Full Brief Here
* Monlycke Health Care signs up with DSV
- Molnlycke Health Care, a Swedish worldwide manufacturer of single-use surgical and wound care products, has signed a more than three-year agreement with logistics service provider DSV. Read Full News Here
* JF Hillebrand strengthens European network with Bulgarian acquisition
- JF Hillebrand, which claims to be the world’s leading logistics supplier to the wines and spirits industry, has acquired Bulgarian beverage logistics specialist Bora Shipping. Read Full News Here
* Agility to handle logistics for New Zealand’s Olympic teams
- Global forwarder Agility has announced its appointment as the official logistics provider for the New Zealand Olympic Committee (NZOC). Read Full News Here
* Geodis enjoys strong growth
- French-based logistics provider Geodis said that it had returned to strong growth in the first half of 2010. Read Full News Here
* Dentressangle revenues grow in first half
- European logistics provider Norbert Dentressangle saw its consolidated revenue grow by 3.9% in the first half of 2010, but logistics revenues fell. Read Full News Here
from Express & Mail
* Aramex second quarter profits up
- Aramex, the Middle East-based express and logistics provider, has announced its second quarter earnings rose by 10%. Read Full News Here
* Labour dispute resolved at DHL in Bahrain
- A dispute over pay and conditions at DHL in Bahrain has been resolved after a settlement was reached. Read Full News Here
from Road Freight
* Ryder's figures improve as market edges forward
- Ryder System's profits recovered strongly in the second quarter of this year, driven by the recovery of its automotive customers, but the underlying revenue picture was more muted. Read Full Brief Here
* Record growth in North American surface transportation in May
- Trade using surface transportation between the United States and Canada and Mexico was 39.5% higher in May. Read Full News Here
from Air Cargo
* Air cargo continues stellar growth
- The International Air Transport Association (IATA) announced international scheduled traffic statistics for June which showed continued strong demand growth. Read Full Brief Here
* Lufthansa Cargo plane crashes in Saudi
- A Lufthansa Cargo MD-11 freighter has crashed this morning in Riyadh, Saudi Arabia. Read Full News Here
* Improving yields drive BA World Cargo revenues
- British Airways World Cargo has reported commercial revenue for the first quarter of its financial year rising by over a third. Read Full News Here
from Shipping/Ports
* Japanese shipping trio advance by a third
- The trio of Japanese shipping and logistics companies, that is NYK, MOL Lines and K Line, reported their quarterly results yesterday, with all three showing a broad improvement in their performance. Read Full Brief Here
* Agility enters Australian shipping market
- Agility has announced that it will commence operating an Australian domestic shipping service between Melbourne, Victoria and Bell Bay, Tasmania. Read Full News Here
* DB Schenker invests in Polish sea ports
- DB Schenker Rail Polska has announced that it is continuing to invest in expanding its facilities at the Szczecin and Swinoujscie Baltic Sea ports. Read Full News Here
* CMA CGM Group takes delivery of new ship
- The CMA CGM Group has announced the delivery in South Korea of the CMA CGM LEO (11,400 TEU). Read Full News Here
from Intermodal
* "Serious" European rail bottlenecks hamper Hupac traffic growth
- European combined transport operator Hupac has reported a more than 17% increase in traffic so far this year but warns that rail system bottlenecks are inhibiting further growth. Read Full News Here
* Japan makes record loan to develop India's freight network
- The Japan International Cooperation Agency (JICA) has signed a loan with the government of India this week to help develop the country’s freight rail network. Read Full News Here
Labels: transport and logistics news
posted by Unknown @ 3:52 AM
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