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TRANSPORT & LOGISTIC NEWS * WORLDWIDE
Briefing Weekly News
(Photo from JOC)from Freight Forwarding
* Dentressangle buys Schneider's forwarding business
- European logistics company, Norbert Dentressangle has made its first significant move into the US freight forwarding market by acquiring Schneider Logistics’ forwarding business. Read Full Brief Here
* WTO reports world trade growing at 25%
- Growth in trade has been the main driver behind the recovery of the global logistics sector. The latest figures from the WTO show that trade expanded 25% year on year in the first half of 2010. Read Full Brief Here
* CEVA wins mining logistics contract in South Africa
- CEVA Logistics has signed a new contract with Rui Star Trading, a leading mining company in South Africa. Read Full News Here
* Rhenus expands in Asia
- Rhenus AG & Co. KG has signed an agreement with the Pro-Log Group to acquire a majority shareholding in the group. Read Full News Here
from Contract Logistics
* Renault opens new spare parts logistics centre
- The Renault group has announced that it has inaugurated its new spare parts and accessories centre in Romania. Read Full News Here
* Penske opens Brazil distribution centre
- Penske Logistics has opened a new Manaus, Brazil distribution centre. Read Full News Here
from Express & Mail
* DHL strengthens China Joint Venture
- DHL has announced that Ken Allen, Global CEO of DHL Express will join the Board of its DHL-Sinotrans Joint Venture in China. Read Full News Here
* DHL delivers aid to Russian wildfire victims
- In response to the wildfires in Russia, local DHL employees have helped in delivering essential goods to the affected people. Read Full News Here
* DHL supports US start-up bracelet company
- DHL has announced that it has become the exclusive international express delivery provider for Stretchy Shapes, shipping bracelets from China to the US. Read Full News Here
from Road Freight
* Volvo Trucks deliveries double in July
- Volvo Trucks' truck deliveries continue to increase as the market strengthens throughout the year. Read Full News Here
* North American surface trade leaps by a third
- Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners was 37.6% higher year-on-year in June 2010. Read Full News Here
from Shipping/Ports
* OOCL increases shipping rates
- OOCL has announced that it will apply General Rate Increases on a number of its services. Read Full News Here
* Zim turns round performance in second quarter
- Israeli shipping line, Zim has released its second quarter results showing a strong performance on the back of higher volumes, better rates and a turnaround plan. Read Full News Here
from Intermodal
* DB Schenker Rail to invest record sum in new freight cars and locomotives
- DB Schenker Rail will invest approximately €410 million in new freight cars and locomotives throughout Europe. Read Full News Here
Labels: transport and logistics news
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