Forwarding sector recovery is on course, but slowly 2010-2-21The European freight forwarding sector's recovery appears set to continue, although progress remains slow, according to Danske Bank's January European Freight Forwarding Index.
Mainfreight expects 4Q trade recovery 2010-2-20New Zealand-based transport company Mainfreight said its nine-month profit fell, but recent trading conditions pointed to an improvement in the fourth quarter, Dow Jones reported.
Toll rolls out iCON technology platform in Europe 2010-2-20Toll Global Forwarding (TGF) has completed deployment of its iCON supply-chain technology throughout its entire Europe and Middle East region.
Panalpina launches new freight services 2010-2-20Panalpina is offering two new LCL (less than container load) services to its ocean freight customers.
Pacer makes profit after three quarterly losses 2010-2-20Logistics provider Pacer International posted a fourth-quarter profit, helped by lower costs, reported Reuters.
Indian logistics firm to build five warehouse zones 2010-2-20Supply chain and logistics firm Arshiya International will invest US$541 million to set up five Free Trade Warehousing Zones (FTWZ) across India by 2012, a top official told Reuters.
Panalpina talks of fines as EC probe heats up 2010-2-12Panalpina has warned investors of the possibility of fines over anti-competitive practices following the Swiss company's receipt of a "statement of objections" from the European Commission (EC).
Export jump in China is a hint of trade recovery 2010-2-12China said that its exports climbed 21 percent in January from a year earlier, while imports surged 85.5 percent, the latest sign that world trade is starting to recover from the global financial crisis, the International Herald Tribune reported.
DHL Affected By EU Raids In Logistics Sector 2010-2-12German logistics and mailing company Deutsche Post said its DHL Global Forwarding division is cooperating with an investigation by the European Commission into the freight forwarding industry, Dow Jones reported.
Daimler looks to Kerry for China parts license 2010-2-12Hong Kong-based Kerry Logistics has been appointed by Daimler Northeast Asia Parts Trading and Services Co Ltd (DPTS) to manage the license attainment of its imported spare parts for automobiles in China.
Launch of Carex high-speed rail project delayed 2010-2-10The launch of Euro Carex (Cargo Rail Express) ¨C a pan-European, high-speed rail service for express and air cargo currently handled by truck and aircraft, has been significantly delayed, but the project's managers have played down suggestions that this is due to the economic slowdown.
Jacobs takes on rail project 2010-2-10Network Rail has announced its design partner for a new rail project from Felixstowe to Nuneaton, aiming to take 750,000 lorry journeys off the roads.
India prepares for new trade tax 2010-2-10Logistics operators in India are stepping-up efforts to enhance international connections before the new Goods and Services Tax (GST) is introduced this year, which is expected to revolutionise domestic and international trade.
Famous Pacific Shipping-Royale JV in NZ 2010-2-10Famous Pacific Shipping's (FPS) New Zealand branch has formed a joint-venture with Royale International Couriers.
P&O Ferrymasters joins LWA 2010-2-10P&O Ferrymasters has joined the Logistics World Alliance (LWA) as a co-operation partner.
ACG starts China flights 2010-2-13AIR Cargo Germany (ACG) has started flying to Shanghai and Hong Kong.
JAL sees light at the end of the tunnel 2010-2-13JAPAN Airlines (JAL) looks to be pulling itself out of an early grave, with a little help.
Hahn breaks monthly freight record 2010-2-13MORE airfreight was shipped through Frankfurt-Hahn Airport in November than ever before. At 21,660 tonnes, the month's cargo traffic was 30 per cent above the amount shipped in October.
Southern Air makes Daniel McHugh CEO 2010-2-13CARGO carrier, Southern Air, has named Daniel McHugh (right) its new chief executive officer (CEO), effective 1 January, 2010.
UTi operating income down 42 per cent 2010-2-14UTI Worldwide reported a 42 per cent decrease in operating income for the third quarter, down to US$31.4 million, from $53.8 million. There was a 20 per cent drop in revenues down from $1,210.1 million to $967.2 million. Net revenues were $361.5 million, a decrease of 11 per cent from $408.2 million.
