DHL Supply Chain has won a £75 million (US$112.8 million) contract to manage the warehousing and distribution of dry goods and chilled produce for BP's UK convenience retail business.
Norbert Dentressangle achieved an 11% increase in operating profit of €87.9 million (US$120 million) in 2009, despite a tough first half and a drop in turnover.
The American Association of Exporters and Importers (AAEI) has vowed to work closely with the Obama administration on boosting US exports.
TNT Express has launched its new worldwide Express Import system which gives customers complete control over their import shipments, the Hindu Business Line reported.
Panalpina is aiming for volume growth in line with the broader transport market in its air and sea freight arms, according to chief executive Monika Ribar told Dow Jones Newswires reported/
Kuehne + Nagel Japan (KNJ) has been awarded a contract to manage fashion house Louis Vuitton's regional distribution centre in Osaka.
Carbon management has become a key part of the corporate supply chain strategy for major global companies, according to the annual CDP Supply Chain Report by management consultant AT Kearney and the Carbon Disclosure Project (CDP).
Panalpina today announced a dramatic decline in profits in 2009, blaming the harsh economic environment and unexpected volatility of freight rates.
FedEx would stop investing in its core express business if the US government made it easier for its employees to organise into local bargaining units, although that provision will probably not become law, according to chief executive Fred Smith said, Reuters reported.
Schenker in the UK has been awarded Authorised Economic Operator (AEO) status across its multi-modal branches for both Customs simplification and security and safety.
The strike at Finnish ports that has brought trade to a standstill enters its sixth day, but negotiations are due to restart later today.
Gianluigi Aponte told the Financial Times that shippers had taken advantage of industry overcapacity to get cheaper prices.
CMA CGM is to increase rates on services from northern Europe to the Far East by US$150 per teu from 1 April.
The number of laid-up ships fell to its lowest since last July this week as carriers continue to return ships into service.
According to the Canadian International Freight Forwarders Association, German carrier Hamburg S¨¹d has reported that the northern ports of Iquique, Antofagasta and Port Angamos are fully operational.
Deutsche Post DHL today said it had "successfully managed the repercussions of the economic crisis", as it revealed its full-year figures for 2009.
Louis Vuitton Japan, a subsidiary of the LVMH Group has awarded Kuehne + Nagel Japan a contract for the management of its regional distribution centre in Osaka.
Kansas City Southern (KSC) has acquired the Puerta Mexico intermodal facility at Toluca in the State of Mexico.
The Indian government will set up 10 to 20 cold storage units, each with an investment of around US$220,00 to $440,000, in the next financial year, Reuters reported.
Deutsche Post DHL has generated underlying EBIT of just over US$2 billion in the full year 2009, exceeding its November forecast of at least $1.83 billion.