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Apr 4, 2012

TRANSPORT & LOGISTICS NEWS * WORLDWIDE

* Commercial vehicle registrations in Europe fall 11.3% in February
Brussels,Belgium -eyefortransport (UK) - Mar 28, 2012: -- According to the European Automobile Manufacturers' Association, demand for commercial vehicles declined in February, with total registrations falling 11.3% compared with the same month in 2011... Read more

* FedEx doubles profits in third quarter 
- Despite much of the talk in the express sector focusing on UPS's acquisition of TNT Express and the possible effects on competition, FedEx has reaffirmed its competitive position as a key player in the market with a strong performance in its third quarter... Read More

* New monthly survey reveals freight volumes expected to rise 
- A new monthly index launched today by Stifel Nicolaus provides an insight into the confidence of air and sea freight forwarders on key trade lanes. The survey was conducted in the first week of March on a worldwide basis by global industry research organisation Transport Intelligence... Read more 

* TNT Express opens new service point in Dhaka 
- TNT Express has opened a new service point on Kemal Ataturk Avenue in Dhaka, Bangladesh. The outlet is located in Banani, a commercial and university district in the northern part of the city... Read more 

* Damco set for bright future 
- Within the freight forwarding sector Damco does not have the highest profile. This is not too surprising bearing in-mind the origins of the company... Read more

* Schiphol retains top two ranking in Air Cargo Excellence Awards 
- Amsterdam Airport Schiphol has once again been ranked in the top two major European airports (over 1 million tonnes per annum) in this year’s Air Cargo Excellence Survey... Read more

* PostNL Parcels wins Zalando contract 
- PostNL Parcels has won a contract to deliver orders in the Netherlands for Zalando, an online fashion retailer. PostNL Parcels will handle both delivery and return shipments. The contract will become effective in the end of the second quarter of 2012... Read more

* Omega Pharma extends its contract with new PostNL subsidiary 
- Omega Pharma, a leading player on the Belgian market for over-the-counter (OTC) medicines and personal care products, has extended its contract with trans-o-flex Belgium for another three years... Read more 

* Hugh Williams Announces Key Discussion Topics for Hi-tech SCM Summit 
- In anticipation for this year’s European Hi-Tech and Electronics Supply Chain Summit Chairman, Hugh Williams, has announced his vision of the event... Read more

* PostNord acquires Green Cargo's third-party logistics 
- PostNord and Green Cargo have signed an agreement for PostNord to acquire Green Cargo's subsidiary Green Cargo Logistics including the associated buildings and real property... Read more 

* Cargolux reports net loss of $18.3m 
- Cargolux has announced a net loss of $18.3m for 2011 compared to a net profit of $59.8m in 2010. Revenues increased 8.4% to $1.87bn; however excess capacity and rising oil prices took its toll on the company's profits... Read more

  The US-South America air freight market remains positive despite global trends 
- The global air freight market continues to face problems, mainly due to high oil prices and over-capacity along certain lanes. However, the US-South American trade lane appears to be doing well for now... Read more

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