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Sep 5, 2011

TRANSPORT & LOGISTIC NEWS * WORLDWIDE

Briefing News


* Podcast: Leading freight forwarders increase market dominance
- Unique research by Transport Intelligence analysts has shown that the larger freight forwarders are capturing market share from smaller competitors, although the market remains highly fragmented. Click here to download the new podcast.

* Uti Worldwide reports strong increase in revenues in second quarter
- Global logistics group Uti Worldwide has reported a 13% increase for its fiscal second quarter, but volume growth was mixed. Management remains cautiously optimistic for the rest of the year. Read Full Brief Here

* Brazilian minerals giant launches logistics company
- Vale launches separate logistics company to manage general cargo assets and to increase its focus on the logistics business. Read Full Brief Here

* Challenging market reinforces need for additional changes at PostNord
- PostNord has announced net sales of SEK 9,711m in the first half of 2011, a 2% decline, excluding currency changes, compared to SEK 10,231m in the first half of 2010. Read Full News Here

* Kuehne + Nagel provides domestic warehousing and distribution for Celio India
- Kuehne + Nagel has recently signed a three-year contract with Celio Future Fashion Limited for the provision of domestic warehousing and distribution services in India. Read Full News Here

* APM Terminals – Cargo Service introduces Maintenance and Repair Service in Copenhagen
- APM Terminals-Cargo Service, is now offering a Maintenance & Repair service at DB Schenker’s rail terminal in Hoeje Taastrup. Read Full News Here

* Logwin assumes responsibility for S&T Austria’s warehousing
- IT service provider S&T Austria has entrusted Logwin with providing warehousing for its new equipment and spare parts business. Read Full News Here

* Hactl announces 9% drop in August tonnage throughput
- Hong Kong Air Cargo Terminals Limited (Hactl) has announced it handled total of 221,375 tonnes of air cargo during August 2011, a year-on-year decline of 9.3%. Read Full News Here

* Global Semiconductor sales holding steady in July 2011
- Global semiconductor sales were $24.9bn for the month of July 2011, essentially flat from June, but 3.2% higher than the same period of last year. Read Full News Here

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