Friday, October 23, 2009

Shipping Logistics Trucking And Air Freight Snippets From Round The Globe

An Update on Some Smaller Transport Related Items World Wide
Shipping News Feature

ESTONIA – Reports in that the troubled Laomaailm, Estonian transport and logistics group have been deserted by key staff who have immediately set up their own company to be called Cubical. Recent cuts due to the group’s turnover plummeting by around 40% last year meant half the workforce had already been laid off. The CEO plus other senior managers are involved in the new venture whose staff deny they will be in competition with their previous employers.

KUALA LUMPUR – MALAYSIA - PKT Logistics Group Sdn Bhd will commence the second stage of its warehouse and office project on the industrial site it is developing in Shah Alam which spans over a million square feet. Over 150,000 square feet has already been utilised in phase one, a recently completed warehouse. PKT have stated they intend to gain a quarter of the Fast Moving Consumer Goods (FMCG) sector in the country by 2013.

SICHUAN – CHINA – Chengdu, strategically one of the most important trade distribution hubs in the south west of the country, will see A P Moller-Maersk set up a logistics centre in the Tianfu (Heavenly City) Software Park bringing even more status to an area that has seen an influx of western financial, manufacturing and transport related companies in the past few months.

TOKYO – JAPAN - Executive Vice President of Mitsui OSK Lines (MOL), Masakazu Yakushiji, has stated this week that he anticipates continued losses for the groups container section for the next couple of years. MOL, along with its competitors has cut its fleet and delayed new build orders take about a third of their revenue from container oriented activities. The dry bulk and tanker sector is also suffering with China Shipping Group's activities, through their China Shipping Development company also reporting a drop of 81% from 2008. Trade between the US and the East has dropped steadily for the past two years as reported here earlier.

BRUSSELS – BELGIUM Truck sales in Europe are down according to the Association des Constructeurs Européens d'Automobiles (ACEA) for the seventeenth consecutive month. The rising number of purchases in the private car sector is believed to be completely attributable to the various scrappage schemes being pursued by European Governments in which bonuses are paid to owners of older vehicles who trade them in for a new model. Vans sales are fairing much better than heavy trucks and lorries, dropping around 25% compared to 40% for the larger vehicles.

INDIA – Chinese rapidly expanding vehicle producers are infiltrating the Indian truck market having also made inroads within the private car sector. Such companies as Asia Motor Works now import parts and kits from China and construct the trucks at their plant in Kutch whilst Hindustan Motors, famous for the perennial Ambassador, and vendor of Bedford Trucks, have reached an agreement with Shandong Shifeng to assemble the Chinese company’s small trucks in the subcontinent.

CANADA - Halifax Stanfield International Airport has announced it generated in excess of one and a quarter billion Canadian dollars in 2008, up by over forty million dollars. The recent development projects at the airport, including the construction of a $12 million cargo handling terminal have caused the airport to grow steadily with over three and a half million passengers passing through last year.