Logistics News

DB Schenker opens logistics centre in Czech RepublicSep 25, 2010

DB Schenker Logistics has expanded its network in southeastern Europe, adding a new logistics centre in Pardubice, Czech Republic, near Hradec Králové. One of the centre’s first customers is ESAB, an international provider of welding materials and accessories. The new 12,000 sq m facility in eastern Bohemia, not far from the Poli...

UPS plans to expand intra-Asia serviceSep 25, 2010

United Parcel Service (UPS) sees more growth in trade among Asian countries than anywhere else in the next decade, a top executive at the world's largest package delivery company said. The company plans to expand service by adding intra-Asian flights and larger planes for them in 2011, Dan Brutto, president of UPS international, told Reuters. UPS'...

Momentum opens new office in IraqSep 25, 2010

Momentum Logistics, the Sharjah-based leading third-party logistics (3PL) service provider and subsidiary of international port management company, Gulftainer, has opened a new office in Erbil, Northern Iraq. The new office will allow Momentum to react more efficiently to the daily needs of its clients. Erbil is the management centre of the Northern...

Singapore Changi Airport wins six Best Airport awards Sep 25, 2010

SINGAPORE Changi Airport has earned six Best Airport awards in August and September, strengthening its status as the world's most awarded airport. In Britain and the US, three new awards are conferred: Best Airport in the World from the British Business Traveller in its Business Traveller Awards, Best Airport in the World from Conde Nast Traveller (UK)...

FedEx to cut 1,700 jobs, close 100 centresSep 21, 2010

FedEx Corp plans to cut 1,700 jobs from its freight division as it closes 100 service centres, reported Pittsburgh Post-Gazette. Company spokesman Jess Bunn said FedEx was not releasing a list of facilities that were affected, but that it has freight facilities in New Stanton, Richland and McKees Rocks. Memphis, Tennesse-based shipping giant FedEx r...

TNT Malaysia revenue surges 40pcSep 21, 2010

TNT Express Worldwide (TNT Malaysia), a subsidiary of Dutch logistics group TNT NV, saw revenue grow a phenomenal 40 per cent for the first seven months of the year. Growth was supported by increased business in all segments, in particular the oil and gas (O&G), heavy machinery and high technology segments. "O&G is going very strong for us. ...

DHL to raise Asia Pacific shipping rates Sep 21, 2010

DHL Express will increase its shipping rates by an average of up to four per cent across Asia Pacific, including Malaysia, from January 1, 2011, reported Business Times. DHL Express said it adjusts its prices annually, taking into account inflation and rising costs in the 220 countries that it serves. Price adjustments will vary from country to country,...

TNT introduces zero-emission vehicles in ChinaSep 21, 2010

TNT has unveiled the express industry's first full electric vehicle fleet in China. The introduction of an initial number of five electric delivery vehicles further bolsters the company's efforts in reducing its carbon emissions. Peter Bakker, chief executive officer of TNT, together with government officials, including Camiel Eurlings, Dutch Minister of ...

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