Latest news

US Supply Chain And Logistics Provider Posts Better Results
UTi Freight Forwarding Profits Up

03 September 2010
US – Long Beach, California based UTi, a non asset based 3PL supply chain specialist turned in better than expected results yesterday following a general upward trend for the industry. With over 23 million square feet of warehousing in 23 countries the company shows a pattern that seems fairly typical for the freight market at the moment. The CEO however offered a customary word of caution in today’s volatile conditions.
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German Container Shipping Line Profits Reinforce Sale Rumours
TUI May Look to Offload Hapag Lloyd

03 September 2010
GERMANY – It may be that Michael Kuehne’s wishes for TUI AG to dispose of their remaining share of Hapag Lloyd are about to come true. Speculation surrounds TUI’s next move after they seem to be keen on purchasing the balance of stock (42.5%) in TUI Travel which they do not own. TUI sold off a large part of the German container shipping line to the Albert Ballin Corporation in April 2009 at a time when Hapag’s potential losses were damaging TUI.
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Russian Rail Start Freight Container Service From Korea
Hopes to Rival Sea as a Route in to Europe

03 September 2010
RUSSIA – SOUTH KOREA - TransContainer , a subsidiary of Russian Railways and the country’s largest rail freight container operator, has launched a new company, TransContainer Asia Pacific Ltd., to commence a service for container cargo from South Korea to Russian regions, and also to countries of Eastern and Western Europe.
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Electric Freight Vehicles To Be Delivered To Deutsche Post
Mercedes Vito Vans on Trial Shortly

02 September 2010
GERMANY – We often publish articles on the rapid progress being made by smaller independent manufacturers fighting to supply cutting edge technology low emission vehicles for the delivery of short or medium range freight contracts. Now the big guns are taking the challenge seriously and you can be sure progress will be rapid when companies like Mercedes Benz have turned their attention to the growing market.
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Air Cargo Cartel Allegations Continue As Freight Forwarders Go To Court
New Zealand Launches the Latest Round of Anti Trust Actions

02 September 2010
NEW ZEALAND – AUSTRALIA – US – EU – Reading like a Jeffrey Archer novel or a script from any long running TV Police drama, the anti trust suits against the world’s air cargo carriers and freight forwarders for cartel collusion keep rolling out and tales of household industry names ‘grassing’ on their mates continues unabated.
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CMA CGM Latest Major Sea Freight Group To Lodge Performance Figures
French Container Specialists Continue the Upward Trend

01 September 2010
FRANCE – Following hard on the heels of other major shipping powers like AP Moeller Maersk, French group CMA CGM, who have been among the most troubled of the container companies in recent months, today produced their first half interim figures for 2010,and,as with the rest, they show a rise in revenue.
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Another Shipping Group Steps Up With Disaster Relief
MOL Offer Free Shipping to Pakistan After Floods

01 September 2010
JAPAN – PAKISTAN – WORLDWIDE – The catastrophic floods in Pakistan have meant a scramble to arrange the logistics to convey and distribute essential life saving supplies to the stricken country. Once again the freight community has been seen as among the first to react, offering more than just sympathy. This time Mitsui OSK Lines (MOL) have stepped up with an extraordinary offer of help.
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Saving Property And Lives At Sea For The Shipping Community
MRA Gets A New Member

01 September 2010
US – The OPA 90 regulations, introduced after the Exxon Valdez oil spill in March 1989, have recently been revised in the light of recent similar tragedies and in particular the Deepwater Horizon affair in the Gulf of Mexico. Penalties for environmental damage can now extend into billions of dollars which can only be mitigated by prompt and effective action. The regulation changes plus new Marine Firefighting Regulations persuaded the Marine Response Alliance LLC (MRA) to take a hard look at their capabilities and have prompted the introduction of a new member.
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Dubai Group Take Over Finnish Ship Agency
GAC Buy Out John Nurminen Navis Oy

01 September 2010
UAE – FINLAND - Under an agreement signed on 31st August Dubai logistics giants GAC acquired John Nurminen Navis Oy (JNN) with the intention of strengthening its services in the Baltic Sea region. Handling annually up to 3,000 ship calls at all major Finnish commercial seaports, directly through its own offices, in Helsinki (head office), Porvoo, Kotka, Turku, Naantali and Rauma and the company’s comprehensive network of sub-agencies, JNN is one of the top three ship agencies in Finland in terms of market share.
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Schneider Sells US And Chinese Freight Forwarding To Dentressangle
French Group Expand into America

01 September 2010
US – CHINA – FRANCE - Norbert Dentressangle, based in Lyon and mostly known in Europe as a full load and groupage operator, is to buy the freight forwarding and customs brokerage business of Schneider Logistics in the USA plus the company’s Chinese operations. The sale encompasses seven locations in the United States (San Diego, Los Angeles, San Francisco, Miami, Atlanta, New York and Chicago) and two locations in China (Tianjin and Shanghai) and should be completed by the 1st October.
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