All Entries Tagged With: "Logistics News"
The Parcel Service that’s Cutting Costs by Going Green: UPS
With fuel prices shooting through the roof, there’s been increasing interest expressed by global logistics leaders in developing technology that is likely to help cut costs as well as decrease impact on the environment. United Parcel Service (UPS), the world’s largest logistics corporation is doing exactly this, by starting to test implementation of a technology, [...]
Antwerp-Chongqing Direct Rail Freight Link Launched
A 5-days-a-week direct rail freight service was launched on May 9th between the Port of Antwerp, Europe’s second-largest port, and Chongqing, the industrial hub located in China’s southwest. A crucial step in the process of developing the Eurasian Land Bridge, setting up this rail freight passage has significantly speeded up the process of transporting freight [...]
Commodities Giant Glencore to raise over $12billion through IPO
Considered to be the world’s biggest commodities trader and supplier, the Swiss company Glencore, is all set to become bigger and stronger by floating company shares to the public. Reportedly, the trading giant will launch an IPO of around 20% of its stock in London and Hong Kong. Currently valued at $60 billion, the planned [...]
China’s Air Freight Sector foresees low rates;expects consolidation
The contradiction between a lower-than-forecast growth in export demand and significant capacity increases on some routes has caused China’s air freight sector to be looking at low rates and yields according to various air cargo executives. “There is a capacity issue,” said Roberto Gilardoni, Commercial Director at CargoItalia, in a statement. “The number of charters [...]
NZ trucking giant to buy Europe’s Wim Bosman Group
New Zealand’s largest trucking company, Mainfreight, is all set to enter the European market by acquiring Netherlands-based Wim Bosman Group, in what will be the NZ-based company’s largest acquisition. Mainfreight has announced that it will pay at least €110 million for the Dutch transport and logistics provider, with a further €10 million payment if it [...]
Hapag Lloyd
Success has a name For over 160 years the services provided by Hapag-Lloyd have been a hallmark for successful international cooperation between many people and cultures. For a company operating worldwide, tolerance, liberal-mindedness and treating each other with respect are values Hapag-Lloyd takes for granted. The Group aims to be among the industry’s innovation and quality [...]
Express Freight Service UPS grows stronger: Expands to Israel and Slovakia
One of the world’s largest logistics provider, UPS has announced the expansion of its UPS Express(R) Freight service into Israel and Slovakia to serve expanding hubs for high-tech, industrial and automotive companies. The UPS premium air freight service offers one- to three-business day door-to-door service, including customs clearance and an on-time performance guarantee. UPS Premium [...]
