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Mar 11, 2012

TRANSPORT & LOGISTIC NEWS * WORLDWIDE

Briefing Weekly News

(Photo: Australia's longest truck in the world)

* Improving economy aids US transportation providers
- Despite rising oil prices, freight movement is responding well to the improving US economy. Read more

* Global air cargo declines by 7.5% in January
- According to Airports Council International global air freight dropped by 7.5% in January 2012 compared with the same month in 2011. Read more

* Global semiconductor sales decline 2.7% in January
- For January 2012, the Semiconductor Industry Association (SIA) reported global semiconductor sales of $23.1bn. Read more

* Toll's acquisition ambition limited by investment concerns
- The US$6bn offer by UPS to buy TNT Express is one of the biggest potential deals in the logistics sector since Deutsche Post went on its spending spree in the middle of the last decade. Read more


* BNSF to power Maersk Line’s new flagship services
- BNSF is set to provide intermodal transport for Maersk Line's new flagship services for containerised freight to five key markets in the US. Read more

* Taking ocean freight to new levels at Damco
- International logistics professional Martin Sieg, a long time ocean freight expert, has taken responsibility for ocean freight at Damco. Martin Sieg joins Damco at a time of ambitious growth plans, where the ocean product will play an integral part. Read more

* Total Quality Logistics continues expansion
- Total Quality Logistics has expanded its national operations by opening its 12th satellite office in Austin, Texas. Read more

* Wincanton announces the disposal of its investment in Culina
- Wincanton announced that it has disposed of its 20% investment in Culina Logistics to the Culina Group for a cash consideration of £11m. Read more

* Top Companies Set To Attend the Chief Supply Chain Officer Forum
- Now in its 3rd year the eyefortransport CSCO Forum looks set to achieve new levels of significance as more top retailers and manufacturers register to attend. Read more

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