Logistics News

Swift Freight International rebrands as Barloworld in MideastMay 12, 2011

DUBAI-based Swift Freight International has rebranded as Barloworld Logistics LLC in the Middle East as part of its corporate brand strategy covering its operations in Dubai and Abu Dhabi. The development follows the 2008 acquisition of Swift by Barloworld. As a member of the South African Barloworld group, Barloworld Logistics, a supply chain management...

Ex-Hanjin exec advises talks about chassis loss with US shippersMay 12, 2011

BILL ROONEY, president of WFR Solutions and the former president of Hanjin Shipping America, is calling for carrier-trucker-shipper talks about the disappearance of chassis once offered by container lines in the US. Most carriers have ceased to offer chassis to shippers because it was a loss-making proposition. What was designed to distinguish one carrier...

California mulls bill to make independent harbour truckers employeesMay 12, 2011

CALIFORNIA Teamsters are backing a state bill to reclassify harbour and intermodal truckers as employees rather than independent contractors because individually they do not have a big enough client base to justify independent status. The bill, passed 4-1 by the state labour legislative committee, would "deem drayage truck operators to be statutory employ...

STX Pan Ocean, HAL launches service linking Singapore to YangonMay 12, 2011

STX Pan Ocean and HAL join up for Myanmar feeder deploying the 657-TEU WAAL Trader sailing fortnightly. Hartmann Asia Lines (HAL) with the 740-TEU HAL Admiralty provides a similar service. The service will connect Singapore, Port Kelang to Yangon (Rangoon), Myanmar (Burma). Sailings occur on alternate weeks to provide weekly departures from both partners....

CEVA pretax profit up 37pc to US$102 million on 13pc jump in revenueMay 12, 2011

CEVA Logistics has posted a 36.5 per cent increase in pre-tax profit to EUR71 million (US$102.14 million) year on year, drawn on revenues of EUR1.68 billion, up 13.3 per cent. EBITDA, before specific items that are classified as significant non-recurring items including restructuring, integration costs and certain legal expenses, amounted to EUR71 million...

Wuhan's Dongxihu bonded logistics centre now China's second biggestMay 12, 2011

SINCE commencement of operation two years ago, value of the cargo handled by the Dongxihu bonded logistics centre, located in central China's city of Wuhan, has come to a total of US$3.19 billion, with annual value of US$1.8 billion, making it the second largest among the 23 such facilities in China after Xiamen bonded logistics centre, Xinhua reports. ...

AADA ups bunker surcharge US$625/TEU on Asia-Australian cargo from Jun...May 12, 2011

MEMBER lines of the Asia Australia Discussion Agreement (AADA) have increased the bunker surcharge to US$625 per TEU and $1,250 per FEU for dry and refrigerated cargo from June 11 for shipments from Japan, Korea, mainland China, Hong Kong and Taiwan to ports in Australia. The AADA said the increase was made according to established procedures and reflect...

DHL boosts sales at parent Deutsche PostMay 11, 2011

Germany's Deutsche Post boosted sales in the first quarter as growing demand in Asia and the United States lifted volumes at its DHL express delivery and freight business, reported Associated Press Newswires. Deutsche Post net profit fell, however, because of a US$2.02 billion gain in the year-ago quarter related to the sale of its Postbank subsidiary to...

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Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.

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Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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