Trucks World News: TRANSPORT & LOGISTIC NEWS * WORLDWIDE

Briefing Weekly News

(Video from JustPlanes -9 July 2009: Clips from the AIR CANADA B767-300ER (182 mins) in the World Air Routes. You can find out more about this and other DVDs by going to justplanes.com)

* GACAG founding members finalise basic principles

- The four founding member associations of the newly formed Global Air Cargo Advisory Group (GACAG) have finalised and signed the basic principles of the Group, making air cargo security and e-commerce the top priorities. Read full news here.

* DHL rolls out new LOTS solution

- DHL Supply Chain has successfully launched an industry-first technology solution that gives its consumer sector customers end-to-end visibility at individual line level. Read full news here.

* New / upgraded ocean services

- CMA CGM upgrades its EPIC service between India, Pakistan, the Middle East and Europe; Evergreen launches a weekly TMI service between Thailand, Malaysia and Indonesia; Hanjin Shipping receives its first ore carrier. Read full news here.

* Bristol-Myers Squibb appoints Exel as 3PL

- Bristol-Myers Squibb has appointed Exel as its third party logistics provider to handle distribution in the US. Read full news here.

* Kuehne + Nagel to acquire 75% of New Zealand-based Cooltainer

- Following the acquisition of three South American airfreight forwarders specialised in perishables logistics in January, Kuehne + Nagel has now entered into an agreement to acquire 75% of the shares of New Zealand-based reefer operator, Cooltainer. Read full news here.

* TransContainer acquires 67% of KedenTransService

- JSC TransContainer has obtained control over a 67% stake in JSC KedenTransService: 20.1% directly and 46.9% indirectly through a subsidiary. Read full news here.

* CEVA expands in the Middle East with new warehouse

- CEVA Logistics has opened a new 63,000 m² facility in Jebel Ali Free Zone (Jafza), Dubai, expanding the company's warehouse space in the Middle East to more than 100,000 m². Read full news here.

* India’s booming infrastructure sector offers opportunities for UK firms

- As India plans to spend US$1 trillion on infrastructure development over the next five years, the UK's Minister for Trade & Investment Lord Green was in Delhi last week, with a UK rail mission, helping British companies to seek out new business opportunities. Read full news here.

* Airbus and TAROM launch Europe’s first bio-fuel ‘value chain’

- Airbus and TAROM Romanian Air Transport, together with a consortium of key stakeholders, have established one of Europe's first projects aiming to establish a sustainable bio-kerosene jet-fuel processing and production capability. Read full news here.

* Agility expands SE Asia cross-border trucking services; opens new office in Vietnam

- Agility expands its Southeast Asia cross-border trucking operations, opens a new office in Vung Tau and relocates to a larger facility in Hanoi. Read full news here.

* FedEx adds B757 flight between Munich and Paris; selects Norcross site for new DC

- FedEx Express now operates a Boeing 757 aircraft between Munich and Paris; FedEx Ground has selected a site in Norcross, Georgia (US) for a new distribution centre to serve the growing Atlanta region. Read full news here.

* MOL upgrades North Europe – West Africa service

- Mitsui OSK Line is upgrading its current ARN service to a fixed-day weekly service between Europe and West Africa, with connections via Antwerp for Asian and North American cargo. Read full news here.

* Air Canada Cargo awards distribution contract to Wallenborn Group

- Air Canada Cargo has awarded a two-year contract to Wallenborn Group to provide international road feeder services covering forty airports in fourteen countries in Europe and Scandinavia. Read full news here.

* Maintaining air links with Japan

- The International Air Transport Association (IATA) has issued its first assessment of the potential impact of Japan's crisis on global air transport. Read full news here.

* FedEx reports 11% rise in Q3 revenue

- FedEx has reported a 6% drop in operating income despite an 11% increase in revenues for the third quarter of 2011. Read full news here.

* Recently awarded contracts

- CEVA signs new contract with Husqvarna Motorcycles; Wincanton and Serco secure Ministry of Justice contract; DHL signs security partnership with Hyderabad Menzies Air Cargo; Tradeteam wins drinks supply chain contract with Whitbread. Read full news here.

* Cargoitalia adds extra flights to Shanghai and Hong Kong

- Cargoitalia is adding extra flights to Shanghai and Hong Kong in its summer 2011 schedule, effective late-March. Read full news here.

* Qantas settles price fixing case in New Zealand

- Qantas has reached a settlement with the New Zealand Commerce Commission in relation to price fixing activities within its freight division between 2000 and 2006. Read full news here.

* Lufthansa invests in freighter fleet

- Lufthansa has confirmed orders for five Boeing 777 freighters for its Logistics business segment. Read full news here.

* Maximus Air Cargo sets its sights on Africa

- With the first of its three new A300-600R Freighters set to join the fleet in the next few months, UAE-based Maximus Air Cargo is setting its sights on Africa as a region of great opportunity for future business growth. Read full news here.

* South Africa aims for Cape-to-Cairo FTZ

- According to Trade & Industry Minister Rob Davies, the possibility of a Free Trade Zone that would include 26 Eastern and Southern African countries could be tabled in South Africa by mid-2011. Read full news here.

* AMB Property launches US$1.1bn JV in China

- AMB Property Corp has formed AMB China Logistics Venture I in order to develop, acquire, own, operate and dispose of logistics properties in key markets in China. Read full news here.

* Hanjin Shipping opens dedicated terminal in Vietnam

- Hanjin Shipping officially opened its dedicated terminal in Cai Mep, Vietnam, on March 16th. Read full news here.

Labels: transport and logistics news