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Industry News Feed
Courtesy of Eye For Transport
- Improved outlook for European Freight ForwardersPrécis: European forwarders expect to see increasing volumes over the next two months, according to Danske Bank's latest Freight Forwarding Index. The expected index value increased to 58 from the 45 predicted last month. However, volumes experienced by forwarders in January continued to fall, with the rate of decline slowing slightly (the index regi […]
- Kuehne + Nagel to strengthen its perishables network with acquisition of Link LogisticsPrécis: Kuehne + Nagel announced that it has entered into an agreement to take over the specialised Australian freight forwarder Link Logistics International Pty.Ltd. The acquisition is in line with Kuehne + Nagel's strategy to globally expand its activities in the field of perishables logistics. Image: Premium`: No read more […]
- Logwin opens warehouse dedicated to fashion products in BeijinPrécis: Logwin is now offering its new "red carpet logistics" service in Beijing. Logwin has opened a warehouse dedicated to fashion products close to the airport where it can optimise logistics services for premium brands in the fashion and lifestyle segment with special storage areas and services. After the successful opening in Shah Alam, Mal […]
- C.H. Robinson Reports Fourth Quarter ResultsPrécis: C.H. Robinson Worldwide, Inc. reported fourth quarter revenue of $2.6bn, a 10.4% increase. For 2011, total revenue was $10.3bn, a 11.5% increase. Truck net revenues, which consist of truckload and less-than-truckload ("LTL") services, increased 5.5% in the fourth quarter of 2011. Truckload volumes increased approximately 7% in the fourth q […]
- Saia reports fourth quarter 2011 revenue increase of 13%Précis: Saia, Inc. a multi-regional less-than-truckload (LTL) carrier, reported improved fourth quarter 2011 results on stronger revenue and improving pricing fundamentals. For the quarter, revenues were $253m, an increase of 13% from the prior year period. Operating income increased to $6.2m compared to $1.8m in the prior year period. LTL tonnage increas […]
- MIQ Logistics opens new logistics center in the NetherlandsPrécis: MIQ Logistics opened a new logistics center at De Voorde in Venray, The Netherlands. The location is an integral European Union logistics corridor providing service coverage to Germany, Benelux, Eastern Europe, France, UK, Italy and Spain including direct connection via road rail and barge from/to the main ports and airports of the Netherlands (Amst […]
- YRC returns to the basicsPrécis: Upon taking the reins of the troubled trucking company, YRC CEO, Jack Welch, stressed that his guiding principle would be to make the company a pure-play LTL provider. Not surprising, in August, Welch noted he would first focus on YRC's national LTL division – YRC National - which was formed primarily by Roadway and Yellow Corporation acquisi […]
- Savi launches Savi Mobile Tracking SystemPrécis: Savi, a wholly-owned subsidiary of Lockheed Martin, launched Savi Mobile Tracking System, advanced technology that identifies and tracks in real-time the location, movement and condition of high-value assets. Savi Mobile Tracking System is ideal for large organizations, manufacturers, heavy industry and governments with distributed supply chains and […]
- DHL to handle Nikken's entire logistics in EuropePrécis: DHL Supply Chain will be handling all logistics services for Nikken in Europe, extending its ten-year partnership until 2014. Image: Premium`: No read more […]
- European Transport Deal of the Year Goes to DP World London GatewayPrécis: DP World London Gateway has won European Transport Deal of the Year at Project Finance International's annual awards ceremony in London. The DP World finance and London Gateway teams, along with its advisors, worked with several international banks to achieve project finance closure in Q4 2011. By securing significant bank funding in a ' […]
Courtesy of IFW
- Air cargo welcomes emissions pledgeLobby group backs ICAO year-end target and calls on EU to abandon ETS and join global effort […]
- SIA paints a gloomy pictureWorld's second largest airline struggles with rising costs and sluggish demand […]
- Putting the rail into retailFTA study shows why more retailers are getting On Track […]
- Typhoo-Liverpool partnership brewingTea firm sets up fresh supply chain with UK port to reduce emissions […]
- Friday Focus: Logistics emissions are falling despite economic pressuresUK logistics operators are on course to meet their voluntary greenhouse gas reduction target through the use of a wide range of efficiency improvement measures, according to the second annual report of the Logistics Carbon Reduction Scheme […]
- Big fish circle London GatewayManagement silent on prospective tenants' identities, but says combined port and distribution park will be a multimodal 'game changer' […]
- French pilots to strike on MondayAir France prepares emergency schedule to meet threat of disruption to cargo […]
- Europe destined for return to recession, predicts consultant'Self-inflicted' problems will kill any volume growth at northern range ports […]
- Calais-Dover launchDFDS and LD Lines set date for service to fill SeaFrance gap […]
- Lines form up in new battle for market shareFar East-Europe trade will see carriers and alliances shuffle services as capacity pours in […]
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