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TRANSPORT & LOGISTIC NEWS * WORLDWIDE
Briefing Weekly News
* 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
* DHL launches new ocean freight links to Africa
- DHL Global Forwarding has established three new ocean freight links to the African continent. Read Full News Here* DHL posts strong growth in Papua New Guinea
- DHL Global Forwarding, the air and sea freight specialist of DHL, has announced strong growth year-on-year in Papua New Guinea in tandem with the country's continued growth. Read Full News Here* CEVA expands Less-than-Container Load offering with new Hamburg to New York service
- CEVA Logistics has expanded its Less-than-Container Load (LCL) consolidation offering with the addition of a new service from Hamburg to New York. Read Full News Here* Kerry Logistics continues to expand in Vietnam
- Kerry Logistics has continued its expansion in Vietnam, opening a new logistics centre in Hanoi. Read Full News Here* Kuehne + Nagel targets automotive sector in India
- Kuehne + Nagel has opened an Automotive Solution Centre in Pune, India to meet the growing demand for specialised logistics solutions for the automotive industry in India. 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* 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* Norbert Dentressangle to distribute Cullen Packaging products
- Norbert Dentressangle has been appointed by one of Scotland’s largest independent corrugated box manufacturers, Cullen Packaging, to distribute its products throughout the UK. Read Full News Here* Swiss Post International boosts sales and operating result
- Swiss Post International generated sales of €303m in the first half of 2011 and increased its operating result to €22m. After deducting extraordinary writedowns, the reported EBIT came to €19m. Read Full News 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* TNT extends Thetford depot
- TNT has extended its Thetford depot to better serve the express delivery needs of its UK customers. Read Full News Here* FedEx opens its largest operations station in China
- FedEx Express has opened a new operations station in Shanghai in order to meet growing customer needs and package volume. It is also the largest FedEx station in China. Read Full News Here* US transportation counts the cost of Hurricane Irene
- Airports, ports and rail transportation closed as Hurricane Irene approached Eastern US. Little damage was reported at the airports, and ports. However, flooding has disrupted road and rail travel. Read Full Brief Here* Norbert Dentressangle maintains strong growth momentum
- Norbert Dentressangle has announced consolidated revenue totalled €1,706m in the first half of 2011, up 21.9% on a published basis and up 6.6% at constant exchange rates and scope of consolidation. Read Full News Here* Key air cargo routes display fragility
- The latest numbers from IATA show that in July the air cargo market “stagnated” despite a reasonable performance on the passenger transport side. Read Full Brief 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* American Airlines Cargo expands options for shippers of temperature sensitive pharmaceuticals
- American Airlines Cargo has announced the expansion of its cold-chain service, ExpediteTC, to include a new solution for the requirements of cold packaging during transit. Read Full News Here* Financial stress may not be spread evenly as container rates fall
- The prospects of depressed world trade and falling freight rates are shaking the finances of a number of container shipping lines. 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* 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 Rail's terminal in Hoeje Taastrup. Read Full News HereLabels: transport and logistics news
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