Press Releases by Category Logistics & Transport
NO HULL-DING BACK AS WOODLAND GEARS UP FOR MOVE
As a result of increased demand for its European road services, leading independent freight forwarder Woodland International Transport Co. has moved into new premises in Hull.
The Hull office serves as the operations centre for the majority of Woodland’s road services to and from Germany, Holland, Belgium, Italy and Spain – operated in conjunction with fellow Woodland subsidiary Millon International Freight Ltd., which has offices in Hayes, Middlesex and Barcelona, Spain.
Ray…
FAMOUS PACIFIC SHIPPING NAMES OLIVER WARD AS GROUP EXECUTIVE DIRECTOR
The Famous Pacific Shipping Group, the fast expanding Asia-based NVOCC and freight services supplier, has appointed industry professional Oliver Ward to the newly-created post of Group Executive Director. Mr Ward will commence his role with immediate effect.
Mr Ward was appointed after an international executive search and one of his main functions will be to have overall responsibility for corporate management of the FPS Group of companies, reporting to the…
DSV STRENGTHENS BUSINESS THROUGH ACQUISITION OF ROADFERRY
London, 29 February 2008 - In a move that will further strengthen the company’s strong position in the UK and Ireland, DSV Road Holding Limited announced today that it has acquired Roadferry Limited in an approved takeover. DSV is confident the acquisition will deliver significant benefits to customers of both companies.
“This move will allow DSV to significantly enhance our service offering between Great Britain and Ireland,” commented Rene Falch Olesen,…
EURONAV ENTERS FSO MARKET
ANTWERP, 28 February 2008 – The executive committee of Euronav NV (EURONEXTBRUSSELS: EURN) is pleased to announce that Maersk Oil Qatar AS has awarded two contracts for the provision of Floating Storage and Offloading (‘FSO’) services on the Al Shaheen field off shore Qatar. The award has been made in favor of a joint venture between Euronav NV and Overseas Shipholding Group. Within the limits of its confidentiality obligations, the…
New Motorhome Fleet Ordered at Abacus Motorhome Hire
Abacus, the Dorset based vehicle hire specialist, has signed an £650,000 order for 15 new Swift Sundance Lifestyle, Bolero, Voyager and the Kon-Tiki Motorhomes. Dave Wolfenden, Managing Director at Abacus, signed the contracts at the company’s Ferndown hire centre with Rob Kirk, Sales Director of Marquis Motorhomes. The high spec, fully equipped 2, 4 and 6 birth luxury 2008 models complete with air conditioning, will replace most of…
PSI Presents Innovative Logistics Solution at International Trade Fairs
Berlin, 28 February 2008 – The PSI subsidiary PSI Logistics GmbH will be presenting airport solutions with a focus on flight information display PSIairport/FIDS at the Passenger Terminal EXPO in Amsterdam from 15 to 17 April 2008. In addition, PSI will be showing the transportation management system (PSItms) from 22 to 25 April 2008 at the TransRussia in Moscow along with software solutions for warehouse management (PSIwms).
The flight information display…
Nikai Group Selects Exactus’ Aware to Support Rapid Growth
DUBAI – February 20, 2008 – Business Systems Group (BSG), the regional competency center for Exactus Inc., announced today that Nikai Group has selected Aware, the leading supply chain solution from Exactus. BSG will implement Exactus Warehouse and Transportation management solutions at Nikai’s distribution centers in JAFZA and Dubai Investment Park to help streamline business operations and improve performance to support Nikai’s rapid growth and diversification plans.
In order to support…
transport logistic China 2008 – Innovative telematics solutions for China´s grow …
Within a few years China will have the largest Internet community in the world. Online business-to-consumer (B2C) trade is growing at a rate of 64 percent per year. And all those goods ordered online have to then be delivered to their purchasers. Here an efficient transport management system is essential. At transport logistic China 2008 the world´s leading suppliers will be presenting communication and logistics solutions for optimising electronic trade…
Central and Eastern European Logistics 2008: Charting growth trends in contract …
In its latest published research, Central and Eastern European Logistics 2008, Analytiqa forecasts impressive growth for logistics expenditure.
> Spending on logistics set to increase by €7.3 billion over three years
> Contract logistics set to grow by 89%
Researched by in-house Analysts, conducting unique primary research with logistics professionals across the region, 300+ pages provide a detailed, comprehensive analysis of the performance of the Central and Eastern European logistics industry and forecasts…
Action Logistics Group Takes Air Action to the Next Level
London, 5 February 2008 – Air Action, an independently owned British international distribution company with full-time courier, freight and logistics services, is a getting a major face-lift this week. On 5 February at the Logistics South Show in Surrey, Air Action is set to officially re-launch itself under the new, more befitting, name of Action Logistics Group.
After being purchased a little over a year ago, Air Action made…
U-OCEAN ADDS OCEANFREIGHT CONSOLIDATION SERVICES FROM USA TO MARKETS IN SOUTH-EA …
U-Ocean, the oceanfreight arm of global freight forwarder the U-Freight Group (ufreight.com) has launched scheduled oceanfreight export consolidation services from New York and Los Angeles to Hong Kong.
These weekly operations serve markets throughout South East Asia via transhipment through the Hong Kong gateway.
Mr Terence Tsang, Senior Vice President of U-Freight America with specific responsibilities for U-Ocean’s operations in North America comments: “The dramatic decline of the dollar against a…
Revolutionary, biometric security system for vehicles available in Brazil
Car thefts in Brazil cost an estimated 7 billion Real (US$ 3,5 billion) a year. Available alarm systems are usually well known by car thiefes and access devices can be stolen, copied or even lost. Car tracking systems are designed to get a vehicle back after it is stolen. In many cases the time till the owner reports the vehicle as stolen is enough to strip and dump the car.…
Sale of FARWAH and Purchase of MINERAL KYOTO
The charterer of the FPSO Farwah (2003) (owned 50/50 by Exmar and CMB) has given notice of the exercise of its purchase option. The transaction is expected to close in May 2008 and CMB will realise a capital gain of about USD 1 million and a cash surplus ofapproximately USD 16 million.
Recently Bocimar exercised its option to purchase the Mineral Kyoto (2004 – 183,204 dwt) currently on long-term charter from…
PROVISIONAL RESULTS 2007
The Executive Committee of EXMAR reported today its preliminary results for the fourth quarter and full year 2007.
- Weak operating results for the fourth quarter and for the year 2007 due essentially to decrease in VLGC
rates;
- Contribution from LNG and Offshore divisions in line with expectations;
Financial results significantly affected by non-cash unrealised loss on interest rate derivatives and unrealised exchange differences;
- Positive outlook for the Midsize LPG fleet in 2008,…
Training on a higher level
Cockpit4u has invested in an Airbus compliant flight training device from ECA Faros. It will mainly used for training on Airbus A330 and can be easily converted to A320. The Flight Training Device (FTD) is a state-of-the art, high-fidelity flight training tool envisioned to provide exceptional value in a package designed to address the training needs of Airbus operators. The FTD provides Cockpit4u students with a very realistic und functionally…
GROWING LOGISTICS BUSINESS DRIVES DAVIES TURNER INVESTMENT IN NARROW AISLE RACKI …
Davies Turner has made a major investment in narrow aisle racking at its Scottish freight hub in Cumbernauld as more shippers in Scotland choose the UK’s leading independent freight forwarder to provide logistics solutions.
The investment has created 1,000 pallet positions in high bay racking at the 2,200 sq. m. warehouse with aisles just two metres wide. Both the racking and forklift equipment are made in Britain whilst local contractors…
INTERNET TRUCKSTOP ADDS ELLEN VOIE TO CORPORATE STAFF
New Plymouth, ID: Internet Truckstop, truckstop.com, CEO Scott Moscrip announces the addition of Ellen Voie as a Special Project Coordinator to the marketing department.
"We are pleased to find someone with the industry experience that Ellen will bring to our marketing department," said Moscrip. "Her role will include bringing more learning opportunities to our customers and helping them to become more successful as owner operators and small business owners."
Before…
transport logistic China 2008
Germany, Belgium, the Netherlands, Russia, Spain, the Czech Republic and the Italian regions of Friuli and Veneto are all exhibiting at their own national pavilions in Shanghai
transport logistic China, the meeting point for transport, logistics and telematics, is going from strength to strength. At this exhibition, which takes place from 17 to 19 June 2008 in Shanghai, groups of exhibitors from the following countries will be exhibiting at their own…
FOURTH CONSECUTIVE RECORD YEAR FOR CMB
CMB’s board of directors has discussed the preliminary results for the full year 2007.
All figures mentioned in this press release have been prepared under IFRS (International Financial Reporting Standards) and have not been reviewed by the joint statutory auditors.
The result after taxation for 2007 is estimated to be EUR 243 million, compared to EUR 134 million in 2006.
2007 was another good year for Bocimar. Its contribution to the group result…
Euronav - Fourth Quarter 2007 Results
ANTWERP, 22nd January 2008 – The executive committee of Euronav NV (EURONEXT BRUSSELS: EURN) reported today its preliminary financial results for the fourth quarter and full year 2007.
The company had a net result of USD –12.1 million (4Q06: USD 38.4m) for the 3 months ended 31st December 2007 or USD -0.23 per share (4Q06: USD 0.73/share). EBITDA was USD 48.6 million (4Q06: USD 95m).
For the year ending 31 December 2007,…
Siemens Decides on Visual Rules for Its Route Management - The Solution to Meet …
Vienna (Austria), Immenstaad (Germany), 23 January 2008 – Siemens IT Solutions and Services PSE has chosen the Visual Rules Business Rules Management System (BRMS) from Innovations to implement business rules in ROMAN, the leading route management system for rail traffic. The man responsible for this project even goes a step further and recommends that anyone looking for such a system take a closer look at Visual Rules.
Liberalized Railway…
BIFA FREIGHT SERVICE AWARDS WINNERS ANNOUNCED
APL Logistics, Ital Logistics, JF Hillebrand UK, Premier Showfreight, Schenker, Uniserve Group and Wincanton triumphed in the industry categories of the Freight Service Awards 2007 competition organised by the British International Freight Association (BIFA). Eve Gogarty and Derek W. Johnson MBE won the individual people categories.
The winners were revealed at BIFA’s Annual Lunch and 19th Awards Ceremony on Thursday 17th January at the Brewery, London EC1 by special guest, broadcaster…
FAMOUS PACIFIC SHIPPING PROVIDES FULL LOGISTICS SERVICES FPR NEW POWER PLANT IN …
FPS Sri Lanka has been appointed by West Coast Power Ltd, a subsidiary of Lanka Transformers/Sri Lanka Electricity Board Group, the largest power supplier in Sri Lanka, to handle the majority of the freight logistics services required during the construction of a new 300MW combined cycle power plant located at Kerawalapitiya in Sri Lanka
FPS Sri Lanka is a member of the Famous Pacific Shipping Group, the fast expanding Asia-based NVOCC…
U-FREIGHT GAINS SECURITY ACCREDITATION FOR LOGISTICS WAREHOUSE IN HONG KONG
In Hong Kong, U-Freight (ufreight.com) has achieved TAPA security accreditation for its recently opened full-service logistics hub at Yuen Long, which is situated close to the 4th border crossing between the Special Administrative Region and the People’s Republic of China.
The latest approval follows earlier re-certification in July this year of U-Freight’s Hong Kong import and logistics warehouse at Kwai Chung, as well as the recent accreditation of its Shanghai…
TÜV Rheinland wins contract for rolling stock approval in Ireland
The Irish National Railway Safety Authority, the Railway Safety Commission, has awarded TÜV Rheinland a follow-on contract for consultancy services for rolling stock approval.
Cologne/Dublin. January 2007. The Celtic tiger period in Ireland has brought rapid growth to the Emerald Isle. This new wealth has resulted in an unprecedented level of investment to modernise Irish infrastructure and new transport services. Irish Rail (Iarnród Éireann) is currently one of Europe’s most rapidly…
Al Sayegh Brothers Group Selects Exactus’ Aware to Drive Growth and Improve Cust …
Business Systems, the regional competency center for Exactus announced today that Al Sayegh Brothers Group has selected leading supply chain solutions provider, Exactus Inc., to implement its Warehouse Management solutions at its new distribution center in Dubai Investment Park. With the help of Exactus’ supply chain execution solutions, Al Sayegh plans to expand operations to drive overall growth, improve performance and boost customer service levels.
Recognizing the need for an advanced…
SAD-H deadline approaches: BIFA cautions ‘don’t let it be BIG BANG after all’ …
The British International Freight Association (BIFA) is alerting the UK international freight community that it must not sleepwalk into a Big Bang on January 20 2008 when dual-running of the old and new data formats for Customs declarations ceases.
Failure to migrate to the new SAD-H data format in good time could prove very costly for freight companies and their clients as Her Majesty’s Revenue & Customs (HMRC) is unlikely…
Analytiqa: Logistics Bulletin: Friday 14th December
This week\'s Logistics Bulletin reports on a five-year, £150 million contract for DHL Exel Supply Chain with UK home and furniture retailer, MFI. DHL will invest more than £10.0 million (€13.8 million) of its own capital into the venture. The deal represents one of the biggest \'shared risk\' partnerships the 3PL has ever entered into with a customer. In other contract news Mitsui O.S.K. Lines, Ltd. (MOL) is to provide…
Contenders named for young freight forwarder awards
The names of the four finalists who will compete for the title of Young Freight Forwarder of the Year in this year’s Freight Service Awards organised by the British International Freight Association (BIFA) have been revealed.
The four finalists are: Pradeep Bhowmick from the Glasgow office of Geodis Wilson; Eve Gogarty from Worldwide Energy Logistics Ltd in Feltham; Daniel McAllister from the Rainham office of Ideal International; and, Sukh Shinji…
Bookbridge steps up to the plate for heavy lift shipment
Bookbridge Forwarders – a subsidiary of the Woodland Group – has organised the shipment of a steel plate mill from the UK to India. Essex-based Bookbridge, UK agent of US project forwarding specialist KOG Transport, arranged the calling forward of 1,115 tonnes of cargo to the UK port of Immingham, where it was loaded on M.V. PASSAT for shipment to the Indian port of Paradip.
Once constructed, the steel…
DSTO Awards Contract to SolveIT Software for UAV Pre-Mission Planning
Adelaide, South Australia – SolveIT Software Pty Ltd, a leading provider of software solutions for planning & scheduling optimisation and predictive modelling, announced today that it has signed a contract with Defence Science and Technology Organisation (DSTO) for the delivery of a software system that will optimize pre-mission planning for Uninhabited Air Vehicles (UAVs).
“DSTO is developing an experimental capability which employs small, inexpensive UAVs that act autonomously and cooperatively to…
transport logistic China 2008: Global air freight volumes growing faster than gl …
In almost all sectors, the Chinese economy is growing in double-digit figures. This is also true of global air freight volumes – in 2006 the figure was 27 million tonnes. In Asia in particular airlines are having to invest in more, newer and bigger aircraft. For reasons of cost and efficiency, the airlines are now cooperating with competitors and logistics services providers.
Western companies are investing considerably in China as ‘integrators’,…
PSI Implements Warehouse Software for Conergy AG Central European Warehouse
Faster order handling and improved service with PSIwms
Berlin, 4 December 2007 – The PSI subsidiary PSI Logistics GmbH successfully implemented the warehouse software PSIwms for the Conergy AG European central warehouse at Zweibrücken in Rhineland-Palatinate within three months of being awarded the contract. The use of PSIwms will assure more transparency and efficient processes in the warehouse administration. Two-digit increases in performance are expected.
Conergy, headquartered in Hamburg, has the…
MOODY'S RAISES MOL'S RATINGS TO A3
TOKYO - Mitsui O.S.K. Lines, Ltd. (MOL, President: Akimitsu Ashida) today announced that Moody\'s upgraded the company\'s senior unsecured and issuer ratings from Baa1 to A3.
Moody\'s cited the following points as its main reasons for the upgrade:
1.MOL has greatly reinforced profitability by increasing the efficiency of its ocean shipping business, in order to cope with unsteady freight rates, bunker prices, and foreign exchange rates in recent years. The company…
ADVANCE INTERNATIONAL’S EXCELLENT RESULTS ON RAIL CONTAINER SERVICE
Freight forwarder, Advance International is celebrating excellent results on its ‘Advantage Express Service’ between Almaty in Kazakhstan and Poti in Georgia as it passes a significant traffic milestone.
Just two years after its launch, this intermodal service is now moving over 100 teu weekly from China to destinations in Russia, the CIS and Europe.
“The service could not have come at a better time for Chinese exporters faced with increasingly…
Analytiqa: Logistics Bulletin: Friday 30th November
This week’s Logistics Bulletin reports on further M&A activity across the logistics and express sectors with developments in South Korea, India, Brazil and the UK. In India, UPS Jetair Express announced a strategic alliance with AFL that will significantly expand accessibility to UPS services in the country, while providing export capabilities to AFL. Also this week, trading updates in the form of quarterly or interim results have been posted by…
Venture Farm Announces investment in XSCapacity.com
Venture Farm, LLC, an early stage funding and execution company has made an investment in XSCapcity, the only true on line marketplace for excess truck capacity.
Irvine,Ca Nov 26, 2007 – XSCapcity joins the Venture Farm Portfolio Companies. The total investment remains confidential, but the managing partner of Venture Farm, Sid Mohasseb stated that “our investment in XSCapcity will provide the company the capital needed to realize significant…
ASM ADDS FURTHER SAD-H SEMINARS
The freight industry’s provider of leading edge software, Agency Sector Management (ASM), has announced a series of additional SAD Harmonisation (SAD-H) training seminars in response to significant interest from freight industry professionals.
The one-day seminars are in addition to a series recently held at ASM’s Middlesex headquarters and one in Manchester. The additional seminars will be run in the East Midlands, Glasgow, Belfast, Heathrow, Stansted and Bristol.
“We have been very pleased…
BIFA CRITICISES SHIPPING LINE SURCHARGES
On behalf of its members, the British International Freight Association (BIFA) – www.bifa.org - has reacted angrily to the news that the Far Eastern Freight Conference (FEFC) will impose a congestion charge of USD145 per TEU on westbound cargo from Asia to the UK next month.
BIFA Director General, Peter Quantrill says: “This industry anachronism is making the most of its current exemptions from aspects of competition law, hitting UK importers…
GPC 3000 low level order pickers launched in South Africa
Johannesburg, South Africa - Goscor Lift Truck Company, Crown lift truck distributor in Southern Africa, announced the launch of a new range low level order pickers.
Crown´s engineers designed the GPC 3000 series low-level order pickers after a thorough analysis of the order picking process. The analysis done by Crown\'s experts showed that up to 90 percent of the time performing tasks (walking, picking, loading, labeling, counting and wrapping) during…
Analytiqa: Logistics Bulletin: Friday 16th November
This week’s Logistics Bulletin reports on several logistics property developments for the likes of BMW and Croxley, in Asia, GAC in the Middle East, Sun Microsystems in Russia and the likes of DHL, Kuehne + Nagel and Schenker across Western Europe. Developments in Central and Eastern Europe also feature prominently, with developments in the Czech Republic, Hungary and Bulgaria all making news this week.
In contract news, among the wins recently…
attinisoft and iInterchange enter into a sales partnership
attinisoft – provider and manufacturer of innovative logistics software – will as of now market iInterchange software for sea freight agencies.
iInterchange Systems Pvt Ltd., headquartered in India, offer INOVA, a web-based software solution specially tailored to the needs of a sea freight agency.
“INOVA perfectly complements the attinisoft product range because it is based on the same technological principles” rejoices Rolf Henrich, managing director of attinisoft GmbH. “With this…
Toro Pallets plan to enter Indian market with pallet pooling solutions
Dallas, TX & Hyderabad, India - November 17, 2007 - India's supply chain and its connection to the rapidly growing retail sector has attracted Aluminum & Hybrid Pallet manufacturer Toro Pallets LLC, to start operations in India.
Toro Pallets recently took on Mr. Praveen K. Saraf as the Country Manager for Toro Pallets' pooling activities in India; the notice comes as the retail trade moves into high gear.
Mr. Saraf will…
Aluminum Pallets available in Thailand under innovative leasing program
Bangkok, Thailand - November 13, 2007 - Canonball Business Products Co., Ltd has been appointed as Authorized Sales Agent for Toro Pallets LLC in Thailand.
Toro Pallets LLC, a Dallas, TX company that manufactures Aluminum and hybrid transportation pallets announced today that their pallets are available through Canonball Business Products Co., Ltd of Bangkok.
The product was launched at a road show held at Star Hotel in Rayong city, the capital…
THE NEW WORLD ALLIANCE ANNOUNCES WINTER CAPACITY PROGRAMME
The New World Alliance (TNWA) carriers - APL, Hyundai Merchant Marine (HMM) and Mitsui O.S.K. Lines (MOL)– today announced their winter capacity plans for the Transpacific trade.
In the face of an unprecedented rise in operating costs – particularly for fuel –the TNWA has made the prudent business decision to withdraw more capacity and earlier than in previous years.
In addition to an immediate winter reduction of around 10%, the TNWA will…
BIFA FREIGHT SERVICE AWARDS 2007 CATEGORY FINALISTS ANNOUNCED
Over 20 companies have been named as finalists for this year's Freight Service Awards organised by the British International Freight Association (BIFA) - www.bifa.org
Now in their 19th year, the BIFA Freight Service Awards are widely recognised as one of the most prestigious within the logistics and supply chain industry. They encourage and reward high professional standards and special achievements.
The companies that have reached the final shortlist in the seven main…
Analytiqa: Logistics Bulletin: Friday 09th November
This week\'s Logistics Bulletin reports on further consolidation amongst logistics providers, with some of Europe\'s leading players making bolt-on acquisitions. Kuehne + Nagel is continuing the expansion of its overland activities with the acquisition of G.L. Kayser Spediteur seit 1787 and the Cordes & Simon Group. These two major acquisitions will significantly strengthen the Company\'s network and market position in Germany. In the UK, Wincanton has announced the acquisition of…
The New World Alliance Announces Major Capacity and Port Enhancements for Asia-E …
Singapore, Seoul, Tokyo, 9 November 2007 – The New World Alliance (TNWA) carriers - APL, Hyundai Merchant Marine (HMM) and Mitsui O.S.K. Lines (MOL) ¬¬- today announced their intention to significantly upgrade ship capacity and enhance the port coverage of a major Asia-Europe service offering.
In response to continued robust customer demand in the Asia-Europe trade, the Alliance will from January 2008 phase in eight ships with capacity ranging from…
Analytiqa: Logistics Bulletin: Friday 02nd November
This week\'s Logistics Bulletin reports on further performance updates from leading logistics providers, with a European focus led by Panalpina (net forwarding revenue increased 11.6% for 9M, 2007), DSV (3.2% organic growth for 9M, 2007), Geodis (Q3 organic revenue growth of 7.0%) and Norbert Dentressangle (growing 9M revenue by 8.9% on a like-for-like basis). Elsewhere, reports in the German press suggest that Fiege is to divest unprofitable businesses as part…
UAE GCAA AND THE FLIGHT SAFETY FOUNDATION TO HOST MIDDLE EAST CIVIL AVIATION SAF …
The UAE General Civil Aviation Authority (GCAA), together with the Flight Safety Foundation have announced that they will organize and host the first Middle East Aviation Safety Summit in Abu Dhabi on 21 and 22 January 2008.
The Summit, which brings together senior aviation officials from local, regional and international aviation authorities and air carriers, will focus primarily on the introduction of a new aviation safety plan of action under…
