TRANSPORT & LOGISTIC NEWS * WORLDWIDE

Briefing Weekly News

(Video from YouTube, by radiofreebc -28 July 2010: A time-lapse journey through the Panama Canal from the Atlantic to Pacific Ocean onboard a cruise ship)

from Freight Forwarding

* Kuehne + Nagel expands its perishables logistics network in South America

- Kuehne + Nagel has expanded its freight forwarding services in Colombia and Ecuador by acquiring three specialised perishable freight forwarders. Read Full News Here

from Contract Logistics

* Norbert Dentressangle secures three year extension to LG Electronics contract

- LG Electronics UK Ltd has renewed its contract with Norbert Dentressangle for a further three years. Read Full News Here

* Brightpoint announces logistic services agreement with Allied Wireless Communications Corporation

- Brightpoint has announced that its subsidiary, Brightpoint North America L.P., has entered into a logistic services agreement with Allied Wireless Communications Corporation. Read Full News Here

* NWAA awards £200,000 aerospace supply chain contract to Advance Consultancy

- The North West Aerospace Alliance (NWAA) has signed a deal worth more than £200,000 with Advance Consultancy as part of its £7m Aerospace Supply Chain Excellence 2 (ASCE 2) programme. Read Full News Here

* CEVA to expand in West Africa and Central Asia

- CEVA Logistics has announced its further expansion into West Africa and Central Asia, areas which will be managed under CEVA’s Southern Europe, Middle East & Africa (SEMEA) region. Read Full News Here

from Express & Mail

* TNT sells its mail activities in Belgium and its unaddressed mail activities in Italy

- TNT to concentrate its European mail activities on addressed mail in large countries where it has a strong market position. In other geographies, the focus is on value realisation through partnerships or sale. Read Full News Here

* UK Mail Group releases Interim Management Statement

- UK Mail Group plc has issued an Interim Management Statement covering the period October 1, 2010 to date. Read Full News Here

from Road Freight

* Canadian Pacific announces 2011 Capital Plan focused on service, productivity, technology and growth

- Canadian Pacific will invest between $950m to $1.05bn on capital projects in 2011. Projects include track maintenance, network enhancements and IT upgrades. Read Full News Here

from Air Cargo

* Prospects for logistics industry become clearer

- Just two weeks into 2011, the prospects for the freight transport sector are crystallising rapidly. It appears that deep sea shipping and air freight will, as predicted by some, face underlying higher demand marred by over-capacity and weaker margins. Read Full Brief Here

* Hactl announces record figures for tonnage throughput in 2010

- Hong Kong Air Cargo Terminals Limited (Hactl) has announced increased tonnage throughput for December, the fourth quarter and for the whole year of 2010. Read Full News Here

* Qantas settles U.S. freight class action

- Qantas agrees to pay $26.5m as settlement to an US freight class action. Read Full News Here

from Warehousing

* Damco partners with SNTL in Morocco

* Damco has entered into a partnership with Morocco-based SNTL to supply integrated and personalised logistics solutions for the Moroccan market. Read Full News Here

* Prologis signs four new agreements totalling 934,000 sq ft in Japan, the UK and the U.S.

- ProLogis has announced it has signed four new development agreements in the fourth quarter of 2010 totalling 934,000 sq ft and a total expected investment of $129m. Read Full News Here

* Logwin strengthens its presence in South Africa

- Logwin has strengthened its presence on the African continent, expanding its warehousing capacity in South Africa at its locations in Johannesburg and Cape Town. Read Full News Here

from Shipping/Ports

* Australian flooding disrupts coal supply chain

- The flooding in the Australian state of Queensland has badly disrupted the energy supply chain, but also the country’s container and agribulk traffic. Read Full Brief Here

* South China ports IPO could raise $6bn

- An IPO on the Singapore stock exchange could raise $6bn for Hutchison Whampoa as it spins off its container port businesses in Guangdong Province China, Hong Kong and Macau. Read Full Brief Here

* DP World opens new terminal at Port Qasim in Pakistan

- DP World has announced the opening of its new container terminal in Port Qasim near Karachi in Pakistan. Read Full News Here

* The New World Alliance set to reduce ocean capacity

- The New World Alliance (TNWA) has announced it will temporarily reduce capacity on selected Trans-Pacific Trade services to coincide with Lunar New Year factory shutdowns in Asia. Read Full News Here

from Intermodal

* Eurotunnel announces 26% increase in 2010 revenue figures

- Groupe Eurotunnel has announced revenues of €736.6m in 2010, an increase of 26% compared to 2009. Read Full News Here