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Feb 1, 2012

TRANSPORT & LOGISTIC NEWS * WORLDWIDE

Briefing Weekly News

* Deutsche Post DHL to appeal against state aid ruling
- Deutsche Post DHL has announced it will file an appeal with the European Court of Justice against the state aid ruling made by the European Commission and has aligned this decision with the German federal government. Read more

* P&O Ferrymasters win Tate & Lyle renewal
- P&O Ferrymasters has signed a new three-year contract with customer Tate & Lyle. Read more

* Lufthansa Cargo commences flights to Detroit
- Lufthansa Cargo announced it has started operating its first-ever flights between Frankfurt and Detroit, Michigan (US). Read more

* Stolt-Nielsen reports slight increase in profits for 2011
- Stolt-Nielsen has reported its unaudited results for the fourth quarter and full year ended November 30, 2011. Read more

* UK plans to implement road user charging scheme
- The UK Department of Transport's Roads Minister, Mike Penning, has announced plans for a lorry road user charging scheme to create a fairer deal for UK hauliers. Read more

* TNT Express achieves 6% fuel savings with aerodynamic trailer tail
- Tests performed by TNT Express have showed that using an aerodynamic trailer tail can cut truck fuel consumption by 6%. Read more

* Celadon Group reports 47.9% net income increase in second fiscal quarter
- Celadon Group has reported its financial and operating results for the three and six months ended December 31, 2011, the second fiscal quarter of the company's fiscal year ending June 30, 2012. Read more
* CSAV receives US$659m in the first pre-emptive option period of its capital increase
- Compañía Sud Americana de Vapores (CSAV), the Chile-based shipping company, achieved the largest capital raising operation in its history (US$659m) within the first pre-emptive option period of the capital increase of US$1,200m being carried out by the company. Read more

* Damco strengthens North Asia leadership with two appointments
- Damco has appointed two new senior executives to lead the company's drive for strategic growth in the North Asia region. Read more

* LSPs continue to invest in China
- Unsurprisingly, global logistics service providers (LSPs) are continuing to invest in China. Read more

* FedEx expands SenseAware service
- FedEx has announced it is expanding the availability of its SenseAware(SM) service which provides customers with near real-time tracking and increased visibility into their shipments. Read more

* Kerry Logistics invests in Central China expansion
- Kerry Logistics announced it is expanding its presence in Central China, building a new logistics centre in Zhengzhou in Henan Province. Read more

* Logwin expands presence in China
- Logwin has opened a new sales office in the city of Chengdu, Sichuan Province, to further strengthen its presence in China. Read more

* Canadian Pacific announces new five-year contract with Canadian Tire
- Canadian Pacific (CP) Railway Limited has announced an agreement with Canadian Tire Corporation Limited. Read more

* GPR Logistics acquires East Coast facilities and operations of The Gilbert Company
- GPR Logistics (GPR) has announced the acquisition of the East Coast facilities and operations of The Gilbert Company from Maersk Inc., the US land-based component of container shipping company, Maersk Line. Read more

* Norbert Dentressangle secures three-year deal with Daikin
- Daikin UK and Daikin Europe NV have signed a three-year UK warehousing and distribution contract with Norbert Dentressangle. Read more

* Panalpina awarded BP freight forwarding contract
- BP has awarded Panalpina a contract to provide oil and gas freight forwarding services. Read more

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