Ryder takes steps to cope with the global economic meltdown
[ 23.12.2008 ]
Ryder has announced a set of strategic initiatives to increase its competitiveness and drive long-term profitable growth. The initiatives include discontinuing current operations in several international markets and eliminating positions primarily in the US, to align costs with current and anticipated levels of business. These steps will allow the company to focus on enhancing...
Agility begins construction on new logistics hub in Shanghai
[ 23.12.2008 ]
Construction has begun on Agility's new logistics hub in Shanghai to handle more than 600,000 tonnes a year of polyolefins for Borouge. Borouge awarded the contract to Agility in August this year. The 70,000 m2 facility, which will mainly serve the China market, will be completed by 2009 and will be fully operational by May 2010. The hub will receive the polymer granules in bulk...
Dachser to partner with Türksped
[ 11.12.2008 ]
Dachser will improve the efficiency of its pan-European network in south-east Europe through a strategic co-operation with its Turkish partner, Türksped. Effective January 1st, the partnership with Türksped will enable Dachser to underpin the integration of southeast Europe into its pan-European network. The co-operation will initially offer freight services from...
GAC expands in Poland
[ 11.12.2008 ]
GAC has opened a new office in Warsaw to meet the growing demand for logistics services in Poland. The new office joins GAC's two existing bases in Poland, which provide essential sea freight connections from the ports of Szczecin and Gdynia. According to regional logistics manager Gunnar Lundgren, Poland accounts for 22% of business in Central and Eastern Europe, with a GDP...
GAC expands in Kazakhstan
[ 05.12.2008 ]
GAC Group has opened two new offices in Kazakhstan, thus strengthening its position in the Central Asian oil & gas sector. The new offices are in Almaty and Aktau. GAC's expansion reflects the company's aim to gain a share in Central Asia's lucrative oil & gas industry, which has grown dramatically over the last two or three years. "It's essential to have a presence...
Transport & logistics news snippets
[ 05.12.2008 ]
DHL-GF to surpass one million TEU in APAC by year-end; Choice Logistics expands its global network; a new overnight truckstop opens near the Port of Dover; and Kuehne + Nagel completes the global roll-out of its new IT system. DHL Global Forwarding's Asia-Pacific ocean freight volumes will exceed one million TEU by the end of this year. The 25% year-on-year growth is attributed...
Recent resignations and key appointments – logistics
[ 27.11.2008 ]
Transnet's chief executive has resigned; senior level appointments have been announced by Kuehne + Nagel, Barloworld Logistics, Menzies CargoWise edi, Trans Global, Schenker, Weber Distribution, CEVA, TDG, TMSi, Ryder, Four Soft, IJS Global, DHL and Agility. Transnet's group chief executive, Ms Maria Ramos , will leave the company at end-February 2009. Ms Ramos had made it known that she...
Chancellor is hanging the haulage industry out to dry, says FTA
[ 27.11.2008 ]
The Freight Transport Association (FTA) has condemned the UK Chancellor's move to increase fuel duty to offset cuts in VAT, warning that this decision is a cynical and disgraceful targeting of commercial vehicle operators to help fund the Chancellor's other tax give-aways. FTA's director of policy, James Hookham, said: "For a Chancellor who said he wanted to support British...
'New Silk Road' to link Europe, Asia
[ 18.11.2008 ]
The Asian Development Bank (ADB) is extending US$700 million to Kazakhstan to help improve a major road that will transform the country's economy. The new "Central Asian Regional Economic Cooperation (CAREC) Transport Corridor I" will run 2,715 kilometers, from the city of Khorgos on Kazakhstan's border with the People's Republic of China (PRC), through Almaty and Shymkent, and to...
Global logistics: DHL's John Mullen decribes effort to regroup
[ 12.11.2008 ]
SAN FRANCISCO—Reflective and candid answers given at a press conference staged by the global CEO of DHL Express yesterday revealed that he had a few regrets about decisions leading to the express carrier’s domestic woes. “We probably should not have acquired Airborne Express,” said John Mullen. “That set us back financially, and it was hard to absorb or...
Freight prices slump as financial crisis bites: UNCTAD
[ 12.11.2008 ]
GENEVA: Global freight prices sank more than 11-fold between May and November, showing that the financial crisis has began to slow international trade, the UN Conference on Trade and Development (UNCTAD) said on Tuesday. The so-called Baltic Dry Index, a composite of shipping prices for various dry products such as iron, grain and coal, plunged to 891 points in early November from 11793 points...
Agility wins ‘Logistics Award’ at Lloyd’s List
[ 28.10.2008 ]
SINGAPORE – Agility was named as the best logistics company at the Lloyd’s List Asia Awards at a glittering ceremony in Singapore last week. The award judges included academics and industry leaders from across the Asia Pacific region and cited Agility’s broad range of logistics services spanning the supply chain, its independent status, and its environmental strategy as some...
Next meeting will be held in Istanbul
[ 16.05.2008 ]
Presentation of “2025 Vision for Middle East railways”. The Action plan 2009-2010 for the Middle East will focus on international corridors, technological developments, safety and infrastructure management issues, education and human resource development, industrial competence, financing of rail transport and business development The 3rd meeting of UIC Regional Assembly for...
European Road Freight 2008
[ 15.05.2008 ]
According to European Road Freight 2008, the latest report by Ti, that market is facing a period of great uncertainty, characterised by spiralling fuel prices, customers unwilling to accept higher costs and fears of an economic slowdown. At the grass roots level, this is resulting in many small and medium players being pushed to the limit as they are forced to absorb costs which their...
Enlargement of the Schengen area to be completed:
[ 31.03.2008 ]
On 21 December 2007, Estonia, the Czech Republic, Lithuania, Hungary, Latvia, Malta, Poland, Slovakia and Slovenia became part of the Schengen area. On Sunday 30 March 2008 at 0:00, the enlargement process will be completed by lifting air border controls between these countries and with the 15 states that were already part of the Schengen system. Vice-President of the European...
Transport sector stuck in the slow lane
[ 25.03.2008 ]
The transport sector is blasting the Government over regulatory-enforced inefficiency and a system of road charges it says are damaging the economy. A study commissioned by the Road Transport Forum NZ said the operating costs for articulated trucks were 38 per cent higher on a tonne kilometre basis in New Zealand than Victoria, Australia and 27 per cent higher than Tasmania, while truck and...