Maersk announces general rate increase 2010-1-6Maersk Line will implement a general rate increase effective February 1, 2010 for the Middle East and South Asia to North Europe and Mediterranean
Gulf Warehousing, Agility sign merger 2010-1-6Qatar's Gulf Warehousing Co said it will sign a merger agreement with the Qatari unit of Kuwaiti logistics firm Agility on January 5, Reuters reported.
Fujian draws up blueprint to integrate top ports 2010-1-5An ambitious provincial government blueprint of integrated port development in Fujian is injecting fresh stimulus into the province's three main ports - Xiamen in the south, Fuzhou in the north and Quanzhou in the middle at Meizhou Bay.
Australian federal police to take over airport security 2010-1-5The Australian government said that federal police will take over security at Australia's 11 major airports, in a move aimed at heading off any terrorist activity, Dow Jones reported.
Canada orders CN Rail to repay excess revenue 2010-1-5Canada has ruled that Canadian National Railway (CN) earned too much money from hauling grain in the 2008-09 crop year and ordered it to pay more than US$667,000, Reuters reported.
YRC comes in out of cold with debt swap 2010-1-5YRC Worldwide said that it had cleared a critical hurdle in its effort to avoid filing for bankruptcy protection by completing a debt-for-equity exchange with its bondholders, the St Louis Post-Dispatch reported.
Move to set up climate smart freight corridors 2010-1-5The European surface transport industry is going to become more environmentally-friendly as the European Commission, in its drive to create a climate neutral freight transport system, moves to establish "green corridors''. Correspondent Phil Hastings reports
ProLogis European Properties Plans to Float on Euronext Amsterdam 2010-1-4Pursuant to restrictions under applicable securities laws, ProLogis and PEPR are not providing additional comment about the offering at this time. Further announcements relating to the offering will be made when appropriate.
TNT confirms position on net proceeds at completion from sale of logistics activities 2010-1-4The transaction value of the sale is 1,480 million, on a cash and debt free basis, of which 15 million will be received in the form of a 5% equity stake in the new company. The estimated net proceeds to be received by TNT at completion are in the range of 1.2 billion -1.3 billion.
NYK opens Scandinavian Distribution Centre 2010-1-4The new location in Arendal was chosen for its convenient location near Scandinavia's leading port, the Port of Gothenburg, and is the result of a €17M investment by NYK. Gothenburg is the leading logistics hub in Scandinavia and NYK's new facility is a prime location for cargo distribution across Scandinavia.
FedEx Express and ALPA Announce Tentative Labor Agreement; Four-Year Contract Requires Ratification 2010-1-4The new agreement is subject to review and finalization of contract language, which is expected to be completed shortly. Terms of the tentative agreement are not being released as they first must be reviewed and approved by the FedEx ALPA Master Executive Council (MEC). If approved, the TA will be subject to a ratification vote by about 4,700 FedEx pilots and if ratified, the four-year contract would become amendable in 2010.
DHL Breaks Ground on New Chicago Area Service Centre 2010-1-4This is the second recent major facility investment by DHL to enhance operations in the Chicago area. In September 2005, DHL opened a new 70,000-sq.-ft facility on West Cermak Road serving the Chicago loop area and providing pickup and delivery services for DHL's largest customers in the financial, legal, and banking industries. The new airport area facility will feature new, state-of-the-art conveyors and sorting systems to process a higher volume of customer shipments more quickly throughout the Chicagoland.
Boom time for time-critical logistics providers 2009-12-31International courier and time-critical logistics providers have seen a surge in demand over the last few months, according to Franz-Joseph Miller, CEO of Germany's time:matters.
Ceva Logistics 2009-12-31Ceva Logistics has won a five-year contract to manage the UK distribution of the Daily Telegraph and Sunday Telegraph newspapers, and three-year deals to distribute the Daily Express and Daily Sport.
Goodman sells Northampton warehouses 2009-12-31Warehouse developer Goodman has sold two distribution facilities in Northampton to property investors represented by French bank BNP Paribas for £28m (US$45m).
DoJ investigation into Panalpina nears completion 2009-12-31The US Department of Justice's (DoJ) investigation into Panalpina¡¯s alleged violation of the Foreign Corrupt Practices Act is nearing completion, according to the Swiss forwarder.
Tie Rack renews £4.3m contract with DHL 2009-12-31DHL Supply Chain has signed a global contract worth £4.3m (US$7m) with accessories and clothing retailer Tie Rack Trading, extending its partnership until 2012.
Ceva extends Toshiba partnership 2009-12-30Ceva Logistics has won a new four-year agreement with Toshiba Medical Systems Europe.
Council bids to help fund logistics park 2009-12-30A UK council has applied for financial support for the development of Europe's largest logistics park, close to the site of the proposed London Gateway container terminal.
Italy probes 'pricing cartel' 2009-12-30Twenty freight forwarding companies and national forwarding association Fedespedi are being investigated by Italy's competition commission over allegations of colluding on road freight pricing.
