Trucks World News: TRANSPORT & LOGISTIC NEWS * WORLDWIDE

Briefing Weekly News

(Photo from JOC: Port of Seattle, aerial view)

from Freight Forwarding

* Approaching trade war threatens logistics sector

- A so-called ‘currency war’ is looming which could have dire consequences for the global logistics industry unless the major trading blocs reach an agreement. Read Full Brief Here

* DHL launches new LCL service from Asia to Koper

- The trade link between Eastern Europe and Asia Pacific region will be enhanced with the recent launch of a new direct LCL service from Asia to Slovenia. Read Full News Here

* Forwarders reach agreement over price fixing allegations

- Three global freight forwarders have reached agreement with the US Department of Justice (DoJ) to resolve allegations over price fixing. Read Full News Here

* Shareholders of IDS approve acquisition

- Integrated Distribution Services Group Limited shareholders have voted to approve the offer made by Hong Kong-based multinational Li & Fung. Read Full News Here

* DB Schenker buys out joint venture partners in Hungary

- DB Schenker has recently acquired the Masped Group’s shares in the Masped-Schenker Kft. and Masped-Railog Kft. joint ventures. Read Full News Here

* DSV establishes business in South Africa

- DSV Air & Sea Holding A/S has set up a business in South Africa and acquired its agent. Read Full News Here

* DHL strengthens LCL service between China and Turkey

- DHL has enhanced its connectivity and transit times between China and Turkey with the launch of two Less than Container Load (LCL) services. Read Full News Here

from Contract Logistics

* Britvic extends contract with Wincanton

- Wincanton has announced that its warehousing contract with Britvic has been renewed for a further three years. Read Full News Here

* Dachser expands German hub

- Dachser has announced that it is expanding the warehouse at its Saarland logistics centre in Überherrn, Germany due to demand for contract logistics services. Read Full News Here

* New success for Agility in US court case

- Agility, the global forwarding and defence logistics company, has won a new victory in its long running court case with the US government. Read Full News Here

from Express & Mail

* USPS makes $6bn loss for 2010

- The United States Postal Service (USPS) made a loss over the past year of $6bn and could run out of money by the end of 2011. Read Full Brief Here

from Road Freight

* UPS Freight to increase rates

- UPS Freight, the USA’s fourth largest Less-Than-Truckload (LTL) carrier, has announced a general rate increase averaging 5.9%. Read Full News Here

from Air Cargo

* Boeing delays delivery of 747-8 Freighter

- Boeing has announced a schedule change for the 747-8 Freighter with first delivery now expected mid-year 2011. Read Full News Here

* Hong Kong air cargo throughput moderates, but still strong

- Hong Kong Air Cargo Terminals Limited (Hactl) has released figures showing that throughput has moderated, but still remains very strong. Read Full News Here

* DHL and Delta Cargo enhance cooperation

- DHL Global Forwarding and Delta Cargo have concluded an agreement on a Strategic Air Cargo Security Partnership. Read Full News Here

from Warehousing

* AMB leases Miami development

- AMB Property Corporation has signed leases with two freight forwarders based at a property close to Miami International Airport. Read Full News Here

* Gazeley starts construction for B&Q

- Gazeley has begun work on site for a 796,649 sq ft B&Q distribution centre at G.Park Swindon. Read Full News Here

from Shipping/Ports

* Antwerp announces major port expansion

- The Port of Antwerp has announced the investment of €1.6bn in new infrastructure to retain its competitiveness. Read Full Brief Here

* Will there be a peak shipping season in 2010?

- One of the keenest discussions presently on-going amongst the freight community is whether there will be a peak shipping season in 2010. John Manners-Bell, Ti’s Chief Analyst, examines what shippers and logistics companies are saying. Read Full Brief Here

* PD Ports wins contract from Taylors of Harrogate

- Tea and coffee merchants, Taylors of Harrogate, has awarded PD Ports a ten year contract to handle its tea and coffee imports to the UK. Read Full News Here

from Intermodal

* ATG and SAR merge to create DB Schenker Rail Automotive

- DB Schenker has announced that its subsidiaries ATG Autotransportlogistic GmbH (ATG) and Schenker Automotive RailNet GmbH (SAR) are merging. Read Full News Here

* DB Schenker connects logistics terminal with rail network

- DB Schenker has announced that its most modern terminal for land transport, located in Salzburg, is now connected to the rail network. Read Full News Here

* Kuehne + Nagel begins construction at Duisburg logport

- Kuehne + Nagel has commenced the construction of a new distribution centre in Duisburg’s harbour area. Read Full News Here

Labels: transport and logistics news