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TRANSPORT & LOGISTIC NEWS * WORLDWIDE
Briefing Weekly News
* The ‘Daily Maersk’ revolution
- Building on his previously announced manifesto to 'change the way we think about shipping', Eivind Kolding the CEO of AP Moller -Maersk has outlined his plan to introduce day-definite daily services. Read More...* Hellmann UK wins My London Girl contract
- Hellmann Worldwide Logistics UK has announced a major new contract with brand new doll and clothing retailer, My London Girl. Read More...* Volumes remain weak for European forwarders
- European freight forwarders continued to experience weak volumes in August, suggests Danske Bank's 'European Freight Forwarding Index'. Read More...* DHL posts strong growth in Papau 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 More...* 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 More...* 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 More...* DHL launches new ocean freight links to Africa
- DHL Global Forwarding has established three new ocean freight links to the African continent. Read More...* CMA CGM reports half year revenue increase of 8%
- CMA CGM has reported revenue of $7.3bn for the first six months of 2011, an increase of 8% compared with the year-earlier period. Business benefited from an increase in volumes carried and stable freight rates on most of the Group's lines. In all, more than 4.8m TEU were carried over the period, a 9.1% increase. Read More...* APM Terminals to build largest infrastructure project in Costa Rica's history
- APM Terminals has signed a $992m 33-year concession contract with the Costa Rican Government to design, finance, construct, operate and maintain the new Moin Container Terminal (TCM) on the Caribbean coast. 80% of the country's commerce is handled in the current port complex of Puerto Limon/Moin. Read More...* Exclusive: Leading freight forwarders increase market dominance
- The freight forwarding industry has historically been a fragmented one. Small 'local heroes' based in one location could compete with larger forwarders by using their agility and industry knowledge. There has been the implication that this is changing. Read More...* India announces plans for new ports as delays and backlogs mount
- India is suffering growing pains as global demand for its agricultural and manufacturing goods is greater than its transportation infrastructure can handle. This is most evident in the country's ports network. 90% of India's international trade by volume is transported by sea; however, the ports are unable to keep up with demand. Read More...* APL introduces new service linking Central and South America
- APL has introduced a new service to expand its presence in Latin America. The new West Coast Express (WCX) service replaces the current Panama Andean Express 2 service. The new service is a vessel sharing agreement with Hamburg Süd. APL will operate two vessels and Hamburg Süd will operate one vessel, each with a nominal capacity of 1,300 TEU. Read More...* Baltic growth shines in gloomy economy
- Whilst the three major economies of Europe may be becalmed over the next quarter or two, there are still parts of parts of Europe that are growing vigorously. In particular, the Baltic region is seeing double digit growth in volumes, driven both by the strength of the Scandinavian and Baltic states' economies as well as that of the volatile Russian market. Read More...* Damco reports positive 2011 half year results
- Damco, the freight forwarding and supply chain management solutions company, reported improved operations and year-on-year results in both 2009 and 2010, and has now announced continued progress moving into the second half of 2011, despite increasingly challenging conditions in the global freight markets. Read More...Labels: transport and logistics news
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