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May 12, 2012

TRANSPORT & LOGISTICS NEWS * WORLDWIDE


* 25 Million Truck Kilometers Avoided Per Year on European Roads - Enabled by European Logistics... 
- The European Logistics Association (ELA) honored Penske Logistics and Ford Motor Company with this year’s European Award for Logistics Excellence 2012 award for the innovative Network Integrator concept developed by the two companies... Read more 

* Logistics must become more nimble, more flexible and more creative 
- Andrew Austin, CEO of Priority Freight examines some of the latest trends affecting the logistics industry... Read more

* 69% of Medical Device Supply Chain Executives Vote Regulatory Compliance as Biggest Security Threat 
- Supply chain executives from medical device manufacturers have revealed their thoughts on supply chain security threats in a global survey conducted in January/February 2012... Read more

* EU fine turns operating profit into loss 
- Provisions for the EU and Swiss antitrust fines of CHF 59 million resulted in a loss of CHF 40 million for the Panalpina Group in the first quarter of 2012. Panalpina has decided to appeal the European Commission’s decision to the European General Court... Read more

* CEVA Group plc Results for the first Quarter ended 31 March 2012 
- CEVA Logistics, one of the world’s leading supply chain management companies, today reports results for the three months ending 31 March 2012. Revenue of €1,712 million driven by strong performance in Contract Logistics and Ocean freight. Adjusted EBITDA of €66 million, down 7% reflecting difficult market conditions ... Read more 

* Caterpillar to Sell Majority Interest in Third Party Logistics Business to Platinum Equity 
- Caterpillar Inc. today announced it has signed an agreement that would result in Platinum Equity acquiring a 65 percent equity stake in Caterpillar Logistics Services LLC. The pending sale of the third party business supports Caterpillar's increased focus on the continuing growth opportunities in its core businesses. The overall transaction is valued at approximately $750 million... Read more 

* BASF Expands Deployment of VeriWise(TM) Track and Trace to Manage Fleets of Transportation Assets 
- I.D. Systems, Inc., a leading provider of wireless solutions for securing, tracking and managing high-value enterprise assets, today announced that BASF, the world's leading chemical company, is expanding its deployment of I.D. Systems' VeriWise™ Track and Trace systems for managing fleets of trailers, totes, and railcars... Read more 

* MIQ Logistics Awarded San Cristobal Mining Business 
- MIQ Logistics announced a new, multi-year service agreement with Minera San Cristobal S.A. for logistics activities supporting mining activities in the province of Nor Lipez in the southern Bolivian department of Potosí... Read more 

* Geodis Wilson Inks Contract with BIC 
- Geodis Wilson, the leading global freight management company and freight forwarding arm of the Geodis Group, has been selected by the world renowned stationery and multi-product manufacturer, BIC as a logistics partner in Dubai, UAE... Read more 

* GT Nexus and Kinaxis Launch Strategic Partnership 

- GT Nexus, a leading global cloud supply chain management company and Kinaxis have announced a strategic partnership to deliver the industry’s only cloud-based unified planning and execution platform for enterprise customers and business process outsourcing (BPO) service providers... Read more 

* Panalpina and RedPrairie enter into strategic partnership 
- Panalpina and RedPrairie have entered into a strategic partnership which enables Panalpina to utilize RedPrairie’s comprehensive suite of powerful supply chain applications... Read more 

 * BDP 'Not for sale' - but looking for capital 
- Although rumours have been circulating over the future of US-based global forwarder BDP International, the company has moved quickly to deny it is up for sale. A news story had earlier appeared on Reuters quoting a source close to the company as saying it was looking for a buyer... Read more

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