![[Valid Atom 1.0]](valid-atom.png "Validate my Atom 1.0 feed")
TRANSPORT & LOGISTIC NEWS * WORLDWIDE
Briefing Weekly News
(New Zealand: Maritime disaster on a container ship)* Kerry Logistics wins Hugo Boss contract in China
- Kerry Logistics has secured a contract with Hugo Boss to manage Greater China distribution of a range of premium fashion and luxury goods. Read More...* Brightpoint announces Benelux distribution agreement with Motorola
- Brightpoint, Inc., a supply chain solutions provider to the wireless industry, has announced that its subsidiary, Brightpoint Netherlands B.V., has entered into a distribution agreement with Symbol Technologies, Inc., a subsidiary of Motorola Solutions, Inc. Read More...* Panalpina continues to grow in India
- Panalpina continues to grow rapidly in India. Only two weeks after opening a branch in Jaipur, the company has opened another branch in Ludhiana, Punjab. Read More...* J.B. Hunt announces record third quarter results
- J.B. Hunt Transport Services, Inc. has announced record third quarter 2011 net earnings of $68.7m, or diluted earnings per share of 57 cents compared to third quarter 2010 net earnings of $52.2m, or 41 cents per diluted share. Read More...* End-to-end solution secures P&O Ferrymasters glassware contract
- P&O Ferrymasters has secured a massive increase in its existing business with leading glass tableware maker Libbey Leerdam after winning a freight management contract for end-to-end supply chain solutions. Read More...* BLG and FESCO to create automotive logistics joint venture
- BLG Logistics Group and FESCO Transportation Group have announced the creation of a joint venture company to develop integrated logistics solutions for the automotive industry in Russia. Read More...* FedEx turns focus on global healthcare sector
- The healthcare industry is dynamic and growing at a rapid rate. FedEx estimates the global healthcare industry is valued at $1.1 trillion and is growing at a CAGR (Compound Annual Growth Rate) of 5%-8%. The transportation portion of the industry is forecasted to reach $36bn by 2012 and cold chain valued at $9.5bn by 2016. Read More...* Bay Grove Capital acquires Richmond Cold Storage
- Bay Grove Capital LLC has announced that it has acquired Richmond Cold Storage Company, LLC (RCS). Read More...* Newegg to use CEVA's home delivery service
- CEVA Logistics together with Newegg Inc., an online-only retailer, have announced a multi-million dollar contract for home television delivery services. Read More...* Transplace and Celtic International merge businesses
- Transplace and Celtic International have combined businesses. The combined company has revenue in excess of $1bn and a presence in transportation management, logistics technology, intermodal services and truck brokerage. Read More...* CSX announces National Gateway progress
- CSX Transportation has announced that it has work completed or construction underway at one-third of the clearance projects included in the National Gateway, keeping the major American infrastructure initiative on track for completion by 2015. Read More...* Teletrac wins FMCSA contract for cross-border long-haul trucking program
- Teletrac has announced it has been selected by the Department of Transportation's (DOT), Federal Motor Carrier Safety Administration (FMCSA) to provide its Fleet Director GPS fleet tracking and Hours of Service (HOS) software to FMCSA for its US – Mexico cross-border, long-haul trucking pilot program. Read More...* Truck carriers partner with railroads to offer cross-border intermodal services
- As trade between Canada, Mexico and the US continues to expand, trucking companies are partnering with railroads to provide additional transportation solutions to ship freight across the Mexican and Canadian borders. Read More...* US Diesel and Jet fuel prices decline during third quarter
- The US Department of Energy's latest report on oil prices depicts a steady decline from highs earlier this year. The report written by the Energy Information Administration (EIA) announced crude oil reached a 2011 high during second quarter; when a barrel of oil averaged $102.22. For third quarter, however, a barrel of oil had dropped to $89.72. The drop in oil may be attributed to fears of a possible recession. Read More...* Norway Post acquires Swedish logistics companies
- Norway Post has strengthened its position in the Nordic logistics market by buying IntertranspedIA and Ytrans, two Swedish logistics companies, and integrating them with CombiTrans AB. Read More...* C.H. Robinson acquires Timco Worldwide
- C.H. Robinson Company Inc., a subsidiary of C.H Robinson and one of the largest produce sourcing and third party logistics companies in the world, has announced it acquired melon category leader Timco Worldwide, Inc. The acquisition makes C.H. Robinson one of the dominant providers in the North American and Latin American melon category. Read More...* Kuehne + Nagel to acquire Drude Logistik
- Kuehne + Nagel has entered into an agreement to acquire Drude Logistik, located in Hauneck / Bad Hersfeld, the geographical centre of Germany. Read More...* Qatar Airways Cargo announces new North American freighter destinations
- Qatar Airways Cargo, the cargo division of Qatar Airways, has announced it will begin scheduled dedicated freighter services to three North American destinations – Atlanta, Houston and Toronto. The new North American services will be operated with Qatar Airways' Boeing 777 freighters and will fly from the airline's hub in Doha via Luxembourg. Read More...* New DHL service links bring Eastern Europe closer to Asia
- DHL Global Forwarding has launched direct export services from Central Eastern Europe to Asia via the port of Koper, Slovenia. Read More...* Tibbett Logistics extends warehousing commitments in Romania
- Romanian contract logistics specialist Tibbett Logistics, part of the UK-based Keswick Enterprises group, has signed a new five-year contract to extend operations at the Europolis Park to the west of Bucharest. Read More...* Ferrovial sells 5.88% of BAA for €325m
- Ferrovial, indirect shareholder of 55.87% of BAA, has reached an agreement with two investment vehicles managed by Alinda Capital Partners, for the sale of a 5.88% stake in FGP BAA, for a price of €325m (£280m). Read More...* APM Terminals to manage Sweden’s largest container terminal
- APM Terminals has announced it has been awarded a contract to manage Sweden's Skandia Container Terminal at the Port of Gothenburg. The decision reflects the port's review of APM Terminals' bid submitted on September 7, 2011 to manage the port for the next 25 years. Read More...* Catastrophic risk high on WEF’s supply chain agenda
- The World Economic Forum's Global Agenda Council has just taken place in Abu Dhabi, UAE. Described as the 'world's largest brainstorm' it brought together 800 experts from a range of different sectors in 79 different Councils. Read More...* Annual 3PL Logistics Study indicates increasing use of 3PL services
- During the recent CSCMP (Council of Supply Chain Management Professionals) conference in Philadelphia, Pennsylvania, the annual results of the "2012 3PL Logistics Study: The State of Logistics Outsourcing", sponsored by Capgemini Consulting, Penn State, Panalpina, Heidrick & Struggles and EyeForTransport, were revealed. Read More...* Air cargo growth remains negative for fourth consecutive month
- Figures released by Airports Council International (ACI) show that in August freight growth remained in negative territory for the fourth consecutive month. Read More...* CMA CGM has no plans to expand its fleet
- CMA CGM Group has announced that it has no short term plans to either purchase or long-term charter-in any vessels. Read More...* Logwin builds fashion logistics network across Asia
- Logwin is increasing its presence in Asia's premium fashion and lifestyle sector. As part of this development the company is building a network of dedicated fashion and lifestyle warehouses at preferred locations across Asia for its leading brand name clients. Read More...* DB Schenker upgrades locomotives for High Speed1 service
- DB Schenker Rail (UK) Ltd is to upgrade five Class 92 locomotives for rail freight operations on High Speed 1, as it continues with its plans to introduce regular services on Britain's only European sized railway. Read More...* Venezuela to build new $520m container terminal in Carabobo
- Venezuelan state company Bolivarian Ports (Bolipuertos) and the China Harbor Engineering Company (CHEC) have signed an agreement to build a container terminal in Venezuela's main port of Puerto Cabello in the northern state of Carabobo. Read More...* Menlo launches transportation services
- Menlo Worldwide Logistics, the global logistics subsidiary of Con-way Inc. has announced the roll out of Menlo Transportation Services, its new transportation management portfolio designed to deliver optimized solutions that remove waste, create new efficiencies and introduce improvement processes to transportation network operations. Read More...* United Cargo selects Forward Air as primary US ground logistics provider
- United Continental Holdings has announced a new logistics agreement between United Cargo, the cargo division formed by the merger of United and Continental Airlines, and Forward Air Inc. Under the terms of this multi-year agreement, Forward Air is now the primary provider of expedited ground transportation services in the US for United Cargo. Read More...* Provident completes acquisition of Three Star Trucking
- Provident Energy Ltd., based in Canada, has announced that it has completed the acquisition of a two-thirds interest in Three Star Trucking Ltd., a Saskatchewan based oilfield hauling company serving Bakken-area crude oil producers. Read More...* New Kuehne + Nagel distribution centre in Cartagena
- Kuehne + Nagel has opened a new logistics facility inside Contecar Port, Cartagena. The new infrastructure underlines Kuehne + Nagel's growth strategy in Colombia. Read More...* Ethiopian Airlines orders four 777 Freighters from Boeing
- Boeing and Ethiopian Airlines have announced an order for four Boeing 777 Freighters, making Ethiopian Airlines the first African carrier to order the twin-engine freighter. The order is valued at approximately $1.1bn at list prices. Read More...* Panama Canal sets historic tonnage record
- The Panama Canal has announced it reached a new tonnage record of 322.1m tons during fiscal year 2011, which concluded September 30. Read More...* Global semiconductor sales increase slightly in August
- The Semiconductor Industry Association (SIA), representing US leadership in semiconductor manufacturing and design, has announced that worldwide sales of semiconductors were $25.03bn for the month of August, a slight increase of 0.7% from the prior month when sales were $24.9bn. On a year-to-date basis sales grew 2.2 % year-over-year. All monthly sales numbers represent a three-month moving average. Read More...* TNT issues warning on business conditions
- The news from TNT is becoming increasingly pessimistic. The Netherlands-based express company has just released a "Third Quarter business up-date" which predicts continuing pressure on profits for the rest of this year. Read More...* US trucking weathering the economic slowdown
- The past couple of months have brought forth dismal economic news. Stubborn high unemployment rates, a GDP that shows little growth and mounting concerns of a double-dip recession and so on. The US economy has indeed slowed since the beginning of the year; however, trucking companies still remain optimistic as demand for services continue, although at a slower pace. Still, the concerns of trucking companies remain the same as earlier in the year: capacity, rates and regulations. Read More...Labels: transport and logistics news
posted by Unknown @ 6:50 PM
2 Comments:
Negi, Canada, said: "Thanks for great information you write it very clean. I am very lucky to get this tips from you"
Dominique Shelepuk said: "I found a lot of what you post very informative and knowledgeable. Thanks for sharing. I have come across one very good logistics company in Canada that I have found to be very professional and provides great service."
Post a Comment
<< Home