Trucks World News: TRANSPORT & LOGISTIC NEWS * WORLDWIDE

* DC/usa - TSA to Begin 100 Percent Global Cargo Screening December

Washington,DC,USA -The Journal of Commerce Online, Mark Szakonyi -May 17, 2012: -- Agency will begin screening all cargo from international passenger flights Dec. 3... The Transportation Security Administration will begin screening all cargo arriving from international passenger flights in early December, a year after the agency was tasked to expand its screening reach from the domestic to global scale... The TSA said operations will choose screening approaches on a per-shipment basis, allowing lower risk cargo to be scanned faster and save shippers money...

* Financing for UPS Offer to TNT Express in Place

- UPS today announced it has the necessary financing in place for its intended recommended public offer for TNT Express N.V. On March 19, 2012, UPS and TNT Express jointly announced conditional agreement on a recommended all-cash offer of €9.50 per ordinary share for TNT Express ... Read more

* FedEx Completes Tatex Acquisition

- Express carrier strengthens international giant hand in Europe... Read more

* Maersk Announces Q1 Financial Results

- The Group delivered a profit of USD 1.2bn (USD 1.2bn) and a return on invested capital (ROIC) of 10.0% (11.7%) for Q1. Excluding divestment gains and one-off tax income from the settlement of an Algerian tax dispute, the Group recorded a zero profit (profit of USD 1.1bn) and a ROIC of 1.1% (11.2%). Cash flow from operating activities was USD 1.2bn (USD 2.3bn) and cash flow used for capital expenditure was negative by USD 0.9bn (negative by USD 1.2bn)... Read more

* Jaguar Land Rover To Open New UK Logistics Facility

- JLR's logistics provider, DHL, will manage this purpose-built automotive logistics site... Read more

* Key expansion areas in APAC for hi-tech SC solution providers

- Supply chain solution providers to the hi-tech and electronics industry have responded to some key questions on growth expectations in Asia Pacific... Read more

* Agility Announces Financial Results for Q1 2012

- Agility today announced its first quarter financial results for 2012. The company reported a net profit of KD 7.1 million for the first quarter of 2012, and Earnings Per Share (EPS) of 7.1 fils. Revenues and EBITDA stand at KD 321.8 million and KD 16.1 million respectively... Read more

* Schiphol Cargo spearheads Lifescience Steering Group

- Schiphol Cargo – the dedicated cargo arm of Amsterdam Airport Schiphol – is forming a Lifesciences Steering Group to develop a long-term strategy for the promotion of Lifesciences-related activity centred around the Dutch airport... Read more

* AIT Worldwide Logistics Announces Management Buyout

- Board of Directors Created; Company Poised for Bold Future Growth... Read more

Labels: transport and logistics news