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TRANSPORT & LOGISTIC NEWS * WORLDWIDE
Briefing Weekly News
(Photo from JOC)from Freight Forwarding
* TDG's owners attracted by its stability
- In an interview with Ti, a senior manager of TDG's parent company, Douglas Bay Capital, talks about the company’s strategy and how it has turned round its performance. Read Full Brief Here
* Damco improves profits in first half
- Damco has announced a significantly improved first half year results compared with the same period in 2009. Read Full News Here
* Expeditors accused of anti-competitive behaviour
- Expeditors International has been accused of anti-competitive behaviour by the Brazilian Department of Justice. Read Full News Here
* Pet Line chooses CEVA in Hong Kong
- CEVA Logistics has signed a two year contract with a leading pet food and accessories wholesaler and retailer in Hong Kong. Read Full News Here
* Toll optimistic on prospects
- Australian logistics company Toll Holdings has reported a full year increase in revenues and says that it is well positioned to benefit from economic growth. Read Full News Here
from Contract Logistics
* Bibby buys contracts from failed haulier
- Bibby Distribution has bought a significant part of the English operations of haulage company MRS Distribution from the receivers. Read Full News Here
* Damco invests in new Vietnam facility
- Damco has announced that it is investing more than $4 million in a new integrated logistics centre at Binh Duong, Vietnam. Read Full News Here
* Stobart significantly up on last year
- Stobart Group, one of the UK’s leading providers of multimodal transport logistics solutions, says its performance is in line with expectations, and ahead of last year. Read Full News Here
* Weber wins contract to distribute nutritional products in US
- Weber Distribution has announced that it has signed a multi-year contract with The Vitamin Shoppe covering western USA. Read Full News Here
from Express & Mail
* FedEx expands operations in China
- Following the introduction of a Boeing 777 Freighter service, FedEx has increased its transportation network and facilities investment in the China market. Read Full News Here
from Road Freight
* Euro road freight rates rise to pre-recession levels
- The latest Transport Market Monitor, published by Capgemini Consulting and TRANSPOREON, shows that road freight haulage capacity has fallen significantly resulting in a strong rise in rates. Read Full Brief Here
* ATA index increases year-on-year in June
- The American Trucking Associations (ATA) seasonally adjusted truck tonnage index climbed 7.6% in June compared with the year earlier. Read Full News Here
from Air Cargo
* IATA cautious despite fast growth in air freight
- The International Air Transport Association (IATA) scheduled traffic figures for July show a continuing growth in the demand for air freight. Read Full Brief Here
* Azkar buys into air cargo handling market
- Spanish logistics company Azkar has increased its service portfolio by acquiring ACL ('Cargo Aerospace Logistics') in Spain. Read Full News Here
from Shipping/Ports
* Return to container growth helps DP World
- Global ports group DP World has announced financial results from its portfolio of marine terminals for the first six months of 2010. Read Full News Here
* CMA CGM launches service from Asia to South America
- CMA CGM has announced the launch of ACSA 2, a new direct service between Asia, Mexico and the West Coast of South America. Read Full News Here
from Intermodal
* Logistics operation in Pakistan stepped up
- As more areas in the south of Pakistan succumb to the flooding, aid agencies have increased the geographical scope of their food distribution. Read Full Brief Here
* Stobart significantly up on last year
- Stobart Group, one of the UK’s leading providers of multimodal transport logistics solutions, says its performance is in line with expectations, and ahead of last year. Read Full News Here
Labels: transport and logistics news
posted by Unknown @ 3:17 PM
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