TRANSPORT & LOGISTIC NEWS * WORLDWIDE

Briefing Weekly News

(Video from YouTube, by mladenorlik -6 Dec 2006: Ship in heavy weather)

from Freight Forwarding

* Dachser opens branch in Luxembourg

- Dachser has announced the opening of a new branch in Luxembourg, reinforcing its position in the Benelux countries. Read Full News Here

* Kuehne+Nagel to provide logistics support for new offshore oil fields in Norway

- Eni Norge awards Kuehne+Nagel a 4-year contract to provide transport, forwarding and customs clearance services for two new offshore fields off the coast of northern Norway. Read Full News Here

from Contract Logistics

* Unilever and Reckitt focus on logistics to deliver growth and cut costs

- With the FMCG giants under pressure in developed and emerging markets, Thomas Cullen writes that logistics has become ever more important to their expansion plans as well as maintaining margins. Read Full Brief Here

* Kuehne + Nagel establishes new automotive parts distribution centre in Vancouver

- Kuehne + Nagel has been awarded a three-year contract to manage the BMW Regional Distribution Centre in Vancouver servicing authorised dealers of Western Canada. Read Full News Here

* DB Schenker Logistics creates 600 new jobs in Leipzig to handle BMW order

- New DB Schenker logistics center to supply components to BMW automobile plants in China and South Africa. Read Full News Here

* Ingram Micro Reports Record Net Income for the 2010 Fiscal Year

- Worldwide sales for Q4 2010 increase 12% and 17% for fiscal year 2010. Read Full News Here

* OHL Forms Joint Venture with Tercex Logistica Internacional in Brazil

- Taking advantage of the growing Brazilian market, OHL expands into Brazil with joint venture with Tercex Logistica Internacional. Read Full News Here

* Wim Bosman Romania signs partnership contract with KOCH International

- Wim Bosman expands groupage services between Germany and Romania with partnership agreement with KOCH International. Read Full News Here

from Express & Mail

* UPS Express Freight Service expands into Israel and Slovakia

- UPS has expanded its Express Freight Service into Israel and Slovakia to target high-tech, industrial and automotive industries in the two countries. Read Full News Here

* US Postal Service begins 2011 with loss in first quarter

- US Postal Service warns it will reach its statutory borrowing limit by end of the fiscal year. Read Full News Here

* Aramex continues expansion, acquires two leading courier and delivery companies in Kenya

- Aramex acquires OneWorld Courier and In-Time Couriers, strengthening its coverage in Kenya and the wider East Africa region. Read Full News Here

from Road Freight

* U.S. Truckload earnings improve, but threat of driver shortage looms

- Increase in demand, cuts in capacity and improving pricing aided major U.S. truckload (TL) carriers as they all reported mostly positive Q4 2010 earnings. However many foresee a driver shortage. Read Full Brief Here

* Freight Transportation Services Index rose 1.5% in December from November

- The Freight Transportation Services Index (TSI) rose 1.5% in December from its November level, rising after one monthly decline. Read Full News Here

* Vitran Reports 2010 Year-End and Fourth Quarter Operating Results

- Vitran reports $38.1mn net loss for 2010. Read Full News Here

* Dachser forms partnership with Brummer in Austria

- Dachser enters into partnership with Brummer Logistik GmbH to provide temperature-controlled transport services to and from Austria effective May 1, 2011. Read Full News Here

from Air Cargo

* Hong Kong, China to lead growth in air cargo market, says IATA

- The industry consensus forecast released by the International Air Transport Association (IATA) indicates that Hong Kong, China will be the two highest growth markets for international air cargo up to 2014. Read Full Brief Here

* Strong year for cargo at Budapest Airport

- Budapest Airport met its targets for cargo flown during 2010, carrying 82,638 tonnes and a total of 5,808 freighter movements in the year ending December 31. This represents a 32% increase over cargo tonnage flown and a 23% increase in freighter ATMs during 2009. Read Full News Here

* DHL expands its U.S. Hub

- DHL has announced a $22.5m expansion to enhance international services and meet increasing demand of shipping customers. Read Full News Here

* Atlas Air Worldwide Holdings reports significantly higher Q4 2010 and record 2010 Earnings

- Atlas Air Worldwide Holdings reports increased revenues for Q4 2010 and full-year 2010 as the company continues to see strong growth in Asian trade lanes. Read Full News Here

* Cathay Pacific releases traffic figures for January 2011

- Cathay Pacific and Dragonair cargo increases 8.9% in January 2011 compared to same period 2010 even though the expected pre-Chinese New Year rush did not materialize to the extent as experienced in previous years. Read Full News Here

from Shipping/Ports

* New port is a major step forward for Indian logistics

- The opening of a large new terminal in Kochi/Cochin by DP World is an indication that the condition of Indian transport infrastructure may well be improving. Read Full Brief Here

* DP World expands operations in Pakistan

- Global marine terminal operator DP World has expanded its operations in Pakistan with the official opening of its new Inland Container Terminal (ICT) in Lahore, the country’s second largest city. Read Full News Here

* GAC keeps business flowing in Egypt against backdrop of unrest

- GAC operations in Egypt continues despite minor disruptions. Read Full News Here

* MCC Transport launches new intra-Asia Service

- MCC Transport expands intra-Asia services from Indonesia, Philippines, Japan, China, Taiwan and Malaysia. Read Full News Here

from Intermodal

* Pacer International reports decreased fourth quarter and annual revenue results

- Pacer International, Inc. has reported its financial results for the three- and twelve-month periods ended December 31, 2010. Read Full News Here