Amtrak reported unaudited record revenue totaling approximately $3.2 billion for the fiscal year, representing the fifth consecutive year of revenue growth, and the eighth out of the past nine years. In FY 2014, America’s Railroad covered 93 percent of its operating costs with ticket sales and other revenues, up from 89 percent the year before.
Amtrak is establishing a blue ribbon panel of rail and transportation leaders to identify infrastructure and operational improvements to address the rail traffic gridlock in Chicago. The unprecedented level of rail congestion is causing major delays for Amtrak passengers and freight shipments which are damaging to the U.S. economy.
Agility signed a Memorandum of Understanding with Etihad Rail, the developer and operator of the UAE’s national railway network on an agreement that will enable Agility to use Etihad Rail’s services for distribution in the UAE and the Gulf Cooperation Council (GCC).
American International Group announced that it has expanded excess casualty liability limits for Class 1 railroads in the U.S. and Canada to $1 billion per occurrence. This coverage for catastrophe losses would be in excess of $1.5 billion in underlying limits, and is one of the largest capacities offered to the rail industry by a single insurer.
ABF Freight’s tonnage per day increased in the quarter to date, and Saia reported its less-than-truckload tonnage per day climbed 7.6 percent. The company also reported LTL tonnage per day increased 7.2 percent compared with the same period in 2013.Avis announced a new partnership agreement with SriLankan Airlines. Through the new partnership, the Airline’s frequent flyers, FlySmiLes members will have the opportunity to earn and redeem miles from Avis car rentals.
Agility, has been awarded the contract to provide international freight and on-site handling services for Gastech 2015, to be held at Singapore EXPO in Singapore from 27–30 October 2015.
Automobile Manufacturer’s Association (ACEA) of Europe has welcomed the adoption of the European Parliament’s regulation on reducing noise emissions from commercial vehicles and cars over the next 12 years. The new legislation will ensure emission targets phased in by 1 July 2016, 2020 and 2024 which would, in turn, ensure the most powerful trucks reducing their noise outputs from 81 decibels to 79 decibels. Other commercial vehicles will be given a margin of between one and nine decibels over the new car limit of 68 decibels, depending on the power of the vehicle. The European Parliament recently voted that all new types of vehicles registered after July 2016 will have to abide by the new regulations. Whilst the vans will have to produce two decibels less than their current level, the trucks will have to produce it one decibel less. By the second and third phase in 2020 and 2024, this legislation will apply to all new vehicles on the road, as noise emission targets become more stringent.Alexander Global Logistics,member of the Cargo Equipment Experts CEE network in Germany, announced that that it undertook transportation of two large spare-part units for heat exchangers with dimensions each 7,04 m x 7,12m x 4,12 m and each 46 tons of weight from Germany to Egypt. The scope of work for the extraordinary transportation work included pre-carriage overland, port handling both in Germany and Egypt, seafreight, customs clearance in Egypt and transport to job-site Alexandria in Egypt in addition to the surveys conducted by the company’s own staff in both load- and discharge ports.
Arriva launched a ground-breaking transport project that would enable it to operate the first electric wirelessly-charged buses in the UK. The newly launched all-electric bus route will test whether electric buses can perform at par with their diesel counterparts in a real-world operational environment. The buses operating on Arriva the Shires’ route 7 will run for five years in a carefully monitored demonstration programme, which will objectively assess their technical and commercial viability.
Asda Logistics Services (ALS) has strengthened its commitment to reducing carbon emissions with the introduction of 50 dual-fuel Volvo FM tractor units at its newly opened distribution centre at, Asda Avonmouth, Bristol – the largest single order of dual-fuel trucks to date. The new dual-fuel vehicles are the latest development in Asda Logistics Service’s (ALS) transport sustainability strategy following the fewer, cheaper miles policy to complement the greenest depot in the Asda estate.
Association of American Railroads reported that Intermodal rail volume for the week ended Nov. 16 rose 7% from the same period last year recording the 20th consecutive rise. According to the report, the traffic increased to 266,643 trailers and containers. Rail carload traffic rose 2.4% to 295,563 year-over-year, the rail trade group said.
American Trucking Associations’ advanced seasonally adjusted tonnage reached another all-time record during the month of August, registering an increase of 6.9% year-over-year to 126.9 as trucking activity continued to improve. The previous rise of this index to its peak was 125.9 recorded in June. The year-over-year gain, considered as the largest monthly rise since December 2011, increased tonnage by 5% for the first eight months of the year.A.R.T. Logistics,a leading project Logistics Company focused on Central Asia, Russia and the CIS, has increased its Less-Than-Truckload service connecting Europe to Mongolia to three times a month using three trucks. The development of mining operations in Mongolia and the supply of equipment as well as general supplies are driving demand for transport services from Europe to the mine sites. A.R.T. Logistics established its operational hub in Vilnius, Lithuania in 2008. 25 European countries are connected with multiple destinations in Central Asia on existing lanes and now with Ulan Bator in Mongolia on the new service through Vilnius warehouse.American Trucking Associations’advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index slipped by 0.4% in July after edging 0.1% higher in June. The latest drop was the first to be felt since April. In July, the SA index equaled 125.4 (2000=100) as against 125.9 in June. June 2013 is the highest level on record. As compared to July 2012, the SA index increased 4.7%, which although robust, is the smallest year-over-year gain since April.
American Trucking Associations’ advanced seasonally adjusted (SA) ‘For-Hire Truck Tonnage Index’ fell 0.2% in April after rising 0.9% in March. In April, the SA index equaled 123.2 (2000=100) versus 123.5 in March. The highest level on record was December 2011 at 124.3. Compared with April 2012, the SA index was up 4.3%, which is the largest year-over-year gain since January of this year (4.7%). Year-to-date, compared with the same period in 2012, the tonnage index is up by4%. The not seasonally adjusted index, which represents the change in tonnage actually hauled by the fleets before any seasonal adjustment, equaled 125.9 in April, which was 0.5% above the previous month (125.2).
Alataw Pass checkpoint bordering Kazakhstan posted a year-on-year 23.2 per cent increase in rail freight volume to about 4.49 million tonnes in the first quarter this year. The rapid growth of the freight volume is attributed to the rail departments from China and Kazakhstan that have set up effective information sharing system at their checkpoint stations to meet strong trade demand from Central Asia as well as their efforts to enhance customs clearance efficiency.
AssetWorks, a leading provider of fleet management software, automated fuel management systems and motor pool and car sharing management systems, announced that A. Duie Pyle (ADP) has contracted to purchase AssetWorks FleetFocus Fleet Management Software, FleetFocus, to manage their diverse and growing fleet.
American Trucking Associations, on Earth Day, was honored by the Environmental Protection Agency as one of seven winners of the 2013 SmartWay Affiliate Challenge Awards. ATA was honored for recruiting 14 fleets with nearly 2,700 trucks to join the SmartWay Transport Partnership and for promoting SmartWay’s benefits to its members and to policymakers. “Increasingly, companies are becoming cognizant of their carbon footprint and reducing greenhouse gases,” said ATA President and CEO Bill Graves, “however, fuel efficiency has always been of critical importance for trucking and ATA, which is why our participation in EPA SmartWay is a no-brainer. We’re proud of our history with the program and honored to be recognized with so many other leaders in improving freight sustainability.” The SmartWay Affiliate Challenge is a national challenge developed by EPA to acknowledge SmartWay Affiliates that have initiated and executed exceptional recruiting, promotional and marketing activities in support of our shared goals to reduce truck emissions and improve freight efficiency. These affiliates serve as role models for other SmartWay affiliates and partners.
A.R.T. Logistics has launched a twice-monthly Less-Than-Truckload service connecting Europe to Mongolia. A.R.T. Logistics established its operational hub in Vilnius, Lithuania in 2008. 25 European countries are connected with multiple destinations in Central Asia on existing lanes and now with Ulan Bator in Mongolia on the new service through Vilnius warehouse.
Agility, has expanded its offering to customers with the opening of a state-of-the-art logistics center in Melaka on the Malay Peninsula. This new, bonded warehouse will support a variety of industry sectors, including automotive and the growing alternative renewable energy industries in Melaka. The new warehouse facility has a capacity of 47,500 square feet, which includes a maximum racking capacity of 5,000 pallet positions.
Agility, announced winning of “Global 3PL of the Year” for the third year in-a-row at the prestigious Supply Chain Asia Logistics Awards in Singapore. In the highly competitive categories, Agility took the accolade following a ballot of Supply Chain Asia magazine readers and a final decision by a panel of distinguished judges comprising of Asia’s leading supply chain academics and leaders.
A.R.T. Logistics, has opened its global headquarters in Hong Kong. The company works with large multinational companies in the oil & gas, power generation and mining sectors in Kazakhstan, Kyrgyzstan, Azerbaijan, Mongolia, Russia, Belarus and has offices in Frankfurt, Lithuania, Russia, Kazakhstan.
Audi is all set to start up a production unit at the Aurangabad plant of Volkswagen group firm Skoda. The company, which assembles sedans A4 and A6 along with SUV Q5 at the Aurangabad plant, is looking at an installed capacity of 3,000 cars a year at the new unit.
Ashok Leylandis scrutinizing the possibility of launching a hybrid version of its Optare buses in India. The company holds a 75 per cent stake in UK-bus maker Optare. The company already has electric vehicles under the Optare portfolio.
Association of American Railroads reported that the U.S. intermodal traffic rose by 5.6 per cent during the second week of July 2012. Container traffic rose to 178,416 units, while trailers fell by 5.3 per cent to 24,946 units. Railroad carloads excluding intermodal dipped by 1 per cent to 243,156 units. Railroad volume is considered an important economic indicator. Intermodal traffic, which uses train as a mode of transportation for the long haul trips and trucks for the shorter distance run the either end of the trip, is considered to be higher-valued merchandise than bulk commodities.
Ashok Leyland, in accordance with an order worth $7.6 million, has supplied 100 buses to Ghana. These vehicles were inducted into the fleet of Metro Mass Transit. Ashok Leyland has become the first commercial vehicle manufacturer to introduce a mechanical inline fuel injection with a Euro 3 engine and electronic destination board in Ghana.
Agility, a leading global logistics provider, has relocated its Penang warehouse and office in an effort to meet the growing demand for integrated logistics services in Malaysia. The state-of-the-art facility has approximately 60,000 square feet of warehouse space and 20,000 square feet of office space.
AltéAd, upon acquisition of its French counterpart TLW Leclerc, claimed the top spot for heavy lift transport in Europe. According to the company, acquisition of TLW Leclrec, which is based in Valenciennes, in northern France, will allow the group to strengthen its domestic coverage and also develop its presence in the Benelux countries with an expanded logistics offering to and from the ports of Antwerp and Zeebrugge. The company also announced that it is investing €37 million in acquiring 70 new cranes.
Agility reported a net profit of KD 3.5 million and earnings per share of 3.45 fils, an increase of 114% for both from same period in 2010. Fourth quarter revenue fell by 5%, from KD 368.6 million to KD 352 million, largely because of the loss of government contracting business.
American Trucking Associations reported that truck tonnage rose 5.5% in February from the same month last year. The year-over-year increase followed a 3.1% gain in January that was revised down from the 3.6% originally reported. February tonnage gained 0.8% from January.
Agility recently received the Quality Management System (ISO 9001:2008), Environmental Management System (ISO 14001:2004) and Occupational Health & Safety (OHSAS 18001:2007) certifications for its Ho Chi Minh City, Hanoi, Danang and Bac Ninh locations.
Amtrak is moving forward with an aggressive agenda for 2012 and building for the future while strengthening current services. Among the key actions planned in the New Year are building the first units of 70 new electric locomotives and 130 new single-level long-distance cars, the national roll-out of eTicketing to all trains, and the further integration and advancement of Northeast Corridor (NEC) planning efforts to improve the existing Corridor and develop a high-capacity, next-generation high-speed rail (NextGen HSR) system.
Agility emerging markets logistics Index released showed that China was ranked first; India second and Brazil third. In spite of the economic slowdown and political upheaval, output of these powerhouse economies and the so-called “Arab Spring” countries are now viewed as more attractive places to do business. Saudi Arabia and United Arab Emirates (UAE) came in Nos. 4 and 5, and Indonesia and Russia at Nos. 6 and 7, respectively. Malaysia moved up three places from last year’s rankings to land at No. 8. Chile was No. 9, and Mexico was No. 10, falling two places.
Agility, a leading global logistics provider, and Schmidt Heilbronn, a leading European dry bulk chemicals logistics provider, launched SAMEL, a joint venture. This partnership will address the sharply increasing need – especially across the Middle East – for dry bulk solutions on the back of rapid growth in chemical manufacturing in the region.The joint venture combines Schmidt Heilbronn’s specialized expertise in bulk polymer logistics with Agility’s global logistics network, strength in emerging markets and in-house chemicals specialty.
Amtrak hosted local and state leaders in a Civic Conversation with a special focus on the development of stations on routes along Amtrak’s Northeast Regional, Adirondack, Vermonter, Ethan Allen Express and Downeaster routes during its 8th Civic Conversation event in Burlington, Vermont.
Agility, received the award for “Global 3PL of the Year” for the second year running at the prestigious Supply Chain Asia Logistics Awards in Shanghai. Agility also claimed a second honor – the “Green Supply Chain” award.
Agility received the Transported Asset Protection Association (TAPA) Trucking Security Requirement (TSR) Classification 1 (2008) certification for its trucking operations in Hong Kong. The certification process involved inspections and quality benchmarking of a broad range of operations to ensure security is at internationally recognized levels.
Agility, a leading global logistics provider, has received the Transported Asset Protection Association (TAPA) Trucking Security Requirement (TSR) Classification 1 (2008) certification for its trucking operations in Hong Kong. The certification process involved inspections and quality benchmarking of a broad range of operations to ensure security is at internationally recognized levels.
Acer’s exclusive cargo train service from Chongqing to Germany has started its first run from Chongqing’s Tuanjiecun Railway Container Terminal which is a 13 days journey.
Aramex PJSC, the global logistics and transportation solutions provider, has announced that it recorded net profit of AED 48 million in the third quarter, up 3 percent year on year.
Agility has been awarded a five year contract by Henkel China to be the exclusive logistics partner for its mega HUB project, “Project Dragon.”
American Railcar, of USA is adding hundreds of jobs at factories in Arkansas and Missouri to fill orders piling up from freight haulers. The company had been hurt by the recession and was down to fewer than 400 employees at its three plants, before it began hiring again this year. It now employs approximately 1,000 workers.
Australia’s National Transport Commission is set to finalise a plan calling for a national road network for B-triples – trucks with three semi-trailers with a total length of up to 35 metres. Giant triple-trailer trucks could be allowed on more of Australia’s major highways as part of a radical scheme that could save the industry up to A$1 billion (US$963 million).
Agility was recently awarded the “Best Corporate Social Responsibility Practice” award at the Asia’s Best CSR Practices Awards event in Singapore. Donovan Neale-May, Executive Director at CMO Council, commented, “Asia’s Best CSR Practices Award recognizes those aspects in CSR where there was valuable contribution and a spirit of giving.
ABF Freight System said it will raise its rates by about 6.9%. “Rates will increase by about 6.9%, although the effect on specific lanes and shipments will vary,” ABF Freight, a unit of Arkansas Best Corp., said.
Agility and Schmidt Heilbronn, a top European dry bulk chemicals logistics provider, recently signed a memorandum of understanding (MoU) formalizing a long-term collaboration. Schmidt Heilbronn and Agility have been cooperating since 2008 and the MoU marks a further step in their partnership. Schmidt offers specialize dexpertise in bulk polymer logistics and has worked closely with Agility on the Shanghai Logistics Hub project.
Axeon, Europe’s largest independent lithium-ion automotive battery supplier, has been awarded research funding from the EU to reduce the weight, volume and cost of batteries in electric and hybrid vehicles as part of a consortium programme called SmartBatt.
AutoInfo third-party logistics provider said its 2010 earnings rose to $3.1 million, or 9 cents a share, from $1.4 million, or 4 cents, the year before.Revenue rose to $279.7 million from $183.9 million in 2009, the company said. “2010 was a most rewarding year,” said Harry Wachtel, president of the company. “We experienced growth in all of our business lines and service offerings. We are poised to capitalize on an improved business environment and we will continue our agent network expansion efforts and seek out strategic growth opportunities.”
American Trucking Associations said truck tonnage jumped 6% in October from a year ago, the 11th straight year-over-year increase. The upturn left the index at a reading of 112.9, ATA said in its monthly seasonally adjusted for-hire truck tonnage index. Tonnage is up 6.1% for the year compared with the same period in 2009, matching last month’s report, the group said.
Agility and Linfox Logistics have formed an alliance to focus on major oil, gas and mining projects, primarily in remote areas of Australia. The two companies already provide logistics services with Agility as the lead logistics provider and Linfox providing specialised transport and warehouse services.
Amadeus and Deutsche Bahn, the German national railway company, have announced the opening of Deutsche Bahn’s first agency in China, using booking technology from Amadeus to sell tickets for both Deutsche Bahn and other European railway providers.
Aramex, the global logistics and transportation solutions provider, announced that it has been awarded Class A status by the Transported Asset Protection Association (TAPA) for its Amsterdam facility in The Netherlands. TAPA is a unique forum which unites global manufacturers, logistics providers, freight carriers, law enforcement agencies and other stakeholders with the common aim of reducing losses from international supply chains. The association has developed a worldwide freight security standard which specifies minimum acceptable security requirements for assets travelling throughout the supply chain and the methods to be used in maintaining those standards. Class A accreditation means that the Amsterdam facilities comply with the highest levels of security under TAPA.
Agility, a leading global logistics provider, has announced the official commencement of operations in Cambodia with the opening of an office in Phnom Penh. The opening supports Agility’s network growth strategy and further strengthens its operations in Indochina.
Agility, a leading global logistics provider, announced its appointment as the official logistics provider for the New Zealand Olympic Committee (NZOC). The partnership agreement means that Agility will be responsible for handling the logistics requirements for New Zealand teams competing in events such as the Commonwealth Games in Delhi later this year through the London Olympic Games in 2012.
Agility, relocated to a new modern facility in Ho Chi Minh City located close to the Tan Son Nhat International Airport. The new office is 550 sq m and will act as the headquarters for Agility Vietnam and Indochina.
Agility currently has three offices in Vietnam in Danang, Hanoi, and Vung Tau and over 120 employees. The new Ho Chi Minh office is part of Agility’s ongoing investment in rapidly growing emerging markets in Southeast Asia. Agility’s own refrigerated trucks offer delivery across Vietnam and investment is under way for cross border transportation options and a multi-user facility in the Ho Chi Minh area.
Anil Dhirubhai Ambani Group firm Reliance Infrastructure has signed an agreement with the National Highways Authority of India for developing the Rs.3,000 crore Delhi-Agra highway project. “R-Infra has signed a concession agreement for six-laning of the 180-km stretch of the Delhi-Agra road project,” the company said in a statement.
Association of American Railroads said Traffic totaled 231,286 trailers and containers for the week ended July 5. Intermodal rail traffic jumped 36.6% compared with a year ago.
Apollo Tyres, Leading tyre manufacturer, is planning to invest Rs 1,100 crore to increase production capacity of its facilities in India as well as overseas during 2010-11. The expansion programme will be funded by a combination of debt and internal accruals. The company is planning to increase the capacity of its plants at Chennai, Baroda and Kochi to 1,400 to 1,500 tonnes per day and also of its facilities located at Netherlands and South Africa.
Agility, a leading global logistics provider celebrated the opening of the Shanghai Logistics Hub. As one of the biggest facilities of its kind in China to date, the 66,000 sq m hub will receive and distribute up to 600,000 tons of polyolefins annually from Borouge’s plant in Abu Dhabi, UAE.
Agility Abu Dhabi designed, constructed and owns this state of the art facility and will manage operations and distribution to the Asian market over 10 years.
ArvinMeritor Inc. said it posted a second-quarter profit on cost cuts and higher auto production.Its profit for the fiscal quarter was $13 million, or 16 cents per share, compared with a loss of $49 million, or 67 cents, a year ago.
American Public Transportation Association has launched a Center for High-Speed Rail, aiming to ‘advance and promote high-speed rail in the United States.’ Announced on January, this will build on the work of APTA’s existing High-Speed & Intercity Rail and Legislative committees.
AAC Capital Partners (“AAC”), a leading Northern European mid-market buy-out firm, has acquired a majority stake in Envirotainer.
ArvinMeritor said its fourth-quarter loss narrowed and the company announced several executive appointments. The company lost $12 million, or 17 cents a share, in the fiscal quarter ended Sept. 30, compared with $153 million, or $2.12 per share, a year ago.
Agility signed an agreement to acquire Baisui United Logistics (Shanghai) Co. Ltd., a Shanghai-based domestic logistics company focusing on the chemicals, automotive, and fast moving consumer goods (FMCG) sectors.
Allied Express Transporthas won the ‘Excellence in Customer Service Award’ at the 2009 BRW ANZ Private Business Awards held in Sydney.
ArvinMeritor Inc. Vehicleparts maker said it will invest up to $10 million in its commercial vehicle business in Brazil. Chief Executive Officer Chip McClure said the investment is part of company’s “focus on becoming a global commercial vehicle company.” Its production in South America is up 9% from a year ago, he said.
American Megatrends India (AMI India), launched their vehicle tracking system (VTS) brand Falcon-i. Falcon-i has been designed, developed in India and will be manufactured at the AMI India’s factory located in Chennai.
Abu Dhabi Department of Transport (DoT) announced that it hosted the 13th Air Transport Research Society World Conference at the Hilton. DoT is bringing this international event to Abu Dhabi to support and promote the continued growth and success of the aviation and tourism sectors, and to further enhance the Emirate’s reputation as a global industry hub and centre for innovation and excellence.
Atom Technologies, has tied-up with Paulo Travels, to provide ticket booking and payments services over the phone. This facility will be available to customers in cities such as Goa, Hyderabad, Pune, Bangalore, Mangalore, Mumbai, Hampi (Karnataka) and Karwar (Karnataka), Ahmedabad, Mysore.
Agility Project Logistics announced that it has entered into an agreement with Chevron Australia Pty Ltd (“Chevron”) for supply base operations and transportation services to support the Gorgon Project.The Gorgon Project is a joint venture between the Australian subsidiaries of Chevron (Operator), Exxon Mobil and Shell, to develop the Greater Gorgon gas field located between 130km and 200km off the north-west coast of Western Australia.
AvtoVAZ, Russia’s largest carmaker, announced a loss of 6.33 billion rubles ($198 million) in January-March 2009 against a net profit of 281 million rubles ($8.8 million) in the same period of 2008. Revenues in the reporting period declined 54.6% to 16.99 billion rubles ($530.9 million). The carmaker has suspended production several times this year amid declining sales and demand and also due to payment disputes with car part suppliers.
BNSF Railway Company announced that its 2015 capital programme for its operations in Kansas will be an estimated $ 103 million for rail maintenance and capacity improvement projects, including improvements at the railroad’s Logistics Park Kansas City intermodal facility.
BNSF Railways invested billions in shoring up its operations. But in addition to hiring more than 7,000 new workers and spending $ 5.5 billion on improvements to its 32,500-mile (52,300 kilometer) network, the railway also has done something unexpected: it pulled thousands of rail cars off its lines, Reuters reported.
Bombardier Transportation has won a 10-year contract to maintain Trenitalia’s fleet of 50 V300ZEFIRO very high speed trains, known in Italy as the Frecciarossa 1000. The contract will be executed in association with Bombardier’s consortium partner AnsaldoBreda, an Italian rail transport engineering firm.
BMW Group delivered more than two million vehicles to customers in 2014, the company’s fourth record year in a row. A total of 2,117,965 BMW, MINI and Rolls-Royce vehicles were sold, more than ever before in the Group’s history.
Bombardier Transportation won an order to supply 42 Regio 2N train sets to the Syndicat des Transports d’Ile-de-France (STIF) and SNCF. This order for 42 double-deck trains is an additional order in the framework of an ongoing contract signed in 2010 and is valued at approximately 397 million euro ($484 million US).
BMW expects its luxury car sales to increase in 2015, building on last year’s solid expansion, even as economic growth in core European markets stalls and geopolitical risks persist. Business activity is restrained in large parts of Europe, destination of more than 40 percent of BMW’s sales, yet the Munich-based company expects demand for its luxury models such as the 3-Series, 5-Series and X5 to continue luring customers into its showrooms.
Britain’s first ‘poo bus’ will take to the road, powered entirely by human and food waste. The 40-seat “Bio-Bus” runs on biomethane gas, generated through the treatment of sewage and food waste. It can travel up to 186 miles on one tank of gas, which takes the annual waste of around five people to produce. The bus is run by Bath Bus Company and will transport passengers between Bath and Bristol Airport.
BMWi8 – the first BMW plug-in hybrid sports car built with the revolutionary LifeDrive architecture and advanced lightweight material like carbon-fibre-reinforced-plastic (CFRP), is now available at Performance Motors. The BMW i8 features the latest BMW EfficientDynamics technology, including a rear-mounted 1.5-litre three-cylinder petrol engine with BMW TwinPower Turbo technology that can generate up to 231hp and a maximum torque of 320 Nm.
BMW Asia has introduced the BMW 2 Series Active Tourer, a premium compact class model that skillfully blends comfort and functionality of space with the trademark BMW strengths of dynamism, style and elegance. Following on from the Coupé as the second member of the new BMW 2 Series range, the harmoniously proportioned Active Tourer oozes sportiness from every angle.
BMW Asia presents the new BMW 4 Series Gran Coupé. This is the first four-door Coupé in the premium midsize class Coupé that combines the sleek look of a two-door Coupé with the functionality provided by four-doors and expansive spaciousness and boot space.
BMW Group opens first driving center in Asia. The BMW Group has driving experience centers in both Germany and the US, however the driving center in Korea is the first one worldwide to combine both a driving track and a dedicated brand experience.
BMW Group and Samsung SDI plan to expand their supply relationship for battery cells for electro-mobility. The two companies signed a memorandum of understanding to this effect in Seoul. Samsung SDI will supply the BMW Group with battery cells for the BMW i3, BMW i8 and additional hybrid models over the coming years.
BMW Group Asia has concluded 2013 with a new record of a total sales of 11,008 units of BMW and MINI vehicles thereby registering an increase of nine percent as compared to 2012 in its East Asia region comprising of 14 markets that include Singapore, Indonesia, Vietnam, Philippines, Sri Lanka, Brunei, Bangladesh, Guam, Mongolia, New Caledonia, Tahiti, Cambodia, Laos and Myanmar. Sales of BMW vehicles in the East Asia region has increased by 8.7 percent in 2013 to reach 9,918 units as against the previous year’s record of 9,128 units while MINI achieved a remarkable 12.6 percent increase with total sales of 1,090 units as against the previous year’s total of 968 units.
BMW Asia has unveiled the third-generation BMW X5, an all-round Sports Activity Vehicle (SAV) that is equipped to meet the most exacting and varied demands. The new BMW X5 will make its local debut in three variants viz a V8-powered BMW X5 xDrive50i with up to 450hp, the 306hp petrol six-cylinder engine BMW X5 xDrive35i and a six-cylinder in-line diesel-powered BMW X5 xDrive30d with up to 258hp.
Bombardier Transportation has won the first contract awarded by ADIF as part of the upgrade of the Mediterranean Corridor between Alicante and Barcelona to deliver its BOMBARDIER INTERFLO 200 mainline solution. The section between San Vicente and Tarragona will be equipped by Bombardier, part of a longer section of the Mediterranean Corridor being equipped by a consortium comprising Bombardier and other signalling equipment suppliers. The total contract is valued at approximately 61 million euro ($80 million US), with Bombardier’s share valued at approximately 17 million euro ($22 million US).BMW Concept Active Tourer Outdoorwas introduced at the OutDoor Friedrichshafen Fair, treating the premium compact segment to another view of how interior space can be cleverly utilised for sport and leisure purposes. This concept car presents solutions that take a fresh route to combining sporting aesthetics and style with sustainable drive technology, compact dimensions and functionality.Bombardier Transportationhosted the world premiere of the Frecciarossa 1000 very high speed train at its Vado Ligure site in Italy. Built by Bombardier Transportation and its consortium partner AnsaldoBreda of Italy, the Frecciarossa 1000 is the newest member of the BOMBARDIER ZEFIRO family of high-speed trains and is known as the V300ZEFIRO model.Bombardier Transportationcontinues to shape the future of mobility, responsibly. A structured stakeholder analysis helped to shape Bombardier Transportation’s CSR agenda and with it, CSR standards for the entire rail industry.
Bombardier Transportation proved that its TRAXX AC Last Mile locomotive is closing the logistics gap in the rail sector during a customer and press event in Velim, Czech Republic.The Last Mile mode, a combination of diesel engine and support traction battery premiered by Bombardier, allows rail vehicles to overcome short distances without catenaries.
BMW and MINI recorded seven first places in the “The best brands in all classes” poll of just under 100,000 readers carried out by German motoring magazine Auto Bild. Three of these came courtesy of BMW in the “Good looks/style” category for mid-range, executive and luxury-class cars, while MINI came top of the “Best design” rankings for small cars. BMW also led the way in the “Sporty engines”, “Advanced technology” and “Well-connected cars” categories.
BMW of North America announced the expansion of a partnership with Fairmont Hotels & Resorts that will offer complimentary local shuttle service in BMW vehicles at all Fairmont properties in the United States. The U.S. program will be an extension of a program that was initially launched in Canada and will feature the BMW 750i Sedan.
BMW Group and Toyota Motor Corporation (TMC) are pursuing their successful strategic long-term cooperation in the field of sustainable mobility by signing binding agreements aimed at long-term collaboration between the two companies for the joint development of a fuel cell system, joint development of architecture and components for a sports vehicle, and joint research and development of lightweight technologies. These agreements follow a memorandum of understanding signed in June 2012.
BMW Group intends to grow in the U.S. in the current year. Last year, the BMW Group reported its best year ever in the United States with over 347,000 vehicles sold – an increase of 13.8%. Worldwide, the BMW Group expects sales to increase in 2013. BMW also plans to introduce three new diesel models to the U.S. in 2013, in addition to the highly successful BMW X5 35d, which reported a sales increase of 39% last year to over 10,000 vehicles (10,276). BMW Motorradsupplied a total of 106,358 motorcycles and maxi scooters to its customers worldwide as against the 104,286 sold during 2011, thereby achieving a new all-time sales high. In the month of December deliveries increased by 43.4 % to 6,069 as compared to the 4,232 units sold during the same period of the previous year . The strongest single market in 2012 was Germany once again. 20,516 vehicles remained in the domestic market, around one fifth of all supplies.
Bombardier Transportationwill deliver its globally proven ERTMS solution for the 340 km Warsaw to Gdynia section of Poland’s E65 line, linking the capital with the Baltic Sea. With Bombardier’s second major delivery of ERTMS technology in Poland, the entire northern section of the Pan-European Rail Corridor VI will be interoperable, allowing trains from other countries to travel between Gdynia and the Czech border.
BMW Z4 Roadster represents the interplay of classical proportions and state-of-the-art technology. An updated version of the modern classic is set to arrive in BMW showrooms in time for spring 2013.The new BMW Z4 represents a time-honored and yet contemporary interpretation of the traditional roadster concept. New exterior features, detailed interior refinements, the new Hyper Orange design package, as well as availability of the full range of BMW ConnectedDrive features all provide fresh impetus and lend the BMW Roadster even greater appeal and individuality.
BMW announced the release of a second major wave of BMW M Performance Parts designed and tested for the new BWW 3 Series and current 5 Series Sedan models.
BMW Group experienced growth on all continents in November and achieved another record month in sales. With 170,932 BMW, MINI and Rolls-Royce brand automobiles delivered worldwide, sales were 23.0% higher than 138,954 delivered in the same month last year.
BMW Concept 4 Series Coupe, the latest generation of the BMW 3 Series Coupe and Convertible, leads the way worldwide in the premium mid-range coupe and convertible market.
BEML, a public sector company under the Ministry of Defence, Government of India, has won orders worth USD 0.1 bn from Saudi Arabia and the Indian Railways.
BMW announced a portion of its lineup to be displayed at Los Angeles International Auto Show. From the exotic BMW Concept i8 Roadster to the versatile new BMW Concept K2 Powder Ride based on the popular new BMW X1with graphics designed by Designworks USA, the company will showcase a comprehensive product arrangement which strikes the perfect balance of high performance, innovative efficiency, and outstanding design.
Candian National Railway announced that it has moved 4,700 grain hoppers weekly in Western Canada, a 21 per cent increase than the same period in 2013-14.
Canada is strengthening proposed new safety standards for rail cars carrying crude oil, requiring thicker steel and other improvements. The latest Transport Canada proposals, published go beyond earlier announcements by requiring rail cars carrying crude to have thicker steel, full “head shields,” mandatory thermal ‘jacket’ protection among other upgrades.
CEVA Logistics held the opening of its West Hub and the new headquarters for South East Asia, attended by CEVA’s CEO, Xavier Urbain. The West Hub occupies 48,000 sq m of warehouse and office space, with more than 300 personnel serving multi sector customers at the facility.
CEVA Holdings LLC reported results for the three months ended 31 December 2014. Freight Management volume trends remained healthy in the quarter, with Air Freight volume growing six per cent, outpacing the market.
CEVA Logistics announced that it has won a new contract with Xiaomi to operate their warehouse and distribution in Malaysia. Xiaomi’s unique business strategy of selling products directly to consumers, primarily through their online site, Mi.com requires the company to have a strong supply chain management provider who understands e-commerce and is able to handle their distribution center’s logistics needs from end to end.
CEVA Logistics has expanded its market presence in Chicago with the opening of a fourth facility.The company’s Chicago operations near O’Hare International Airport (ORD) now encompass four facilities totaling over 650,000 sq. ft. (60,387 sq m) and 115 total dock doors.
China Railway Construction Corp plans to privately place shares to raise as much as 9.9 billion yuan ($1.6 billion) to invest in domestic rail and tram projects, it said in a prospectus. The railway builder will issue up to 1.38 billion yuan-denominated Shanghai-listed A-shares at 7.20 yuan per share, it said.
CEVA Logistics has signed a three year contract worth almost €2 million per annum with Ludendo Commerce Iberia, to manage the handling, storage and delivery of its products in Spain.
Canadian Automobile Association and VIA Rail Canada (VIA Rail) have partnered to make train travel even more affordable, with new discounts designed exclusively for CAA Members.
CEVA Logistics has been named Logistics Company of the Year in Italy for the fifth time by Assologistica. in recognition of CEVA’s TechCity – a logistics hub dedicated to the warehousing, handling and cross-docking of products for the electronics sector – which was opened in June 2014.
China’s railway investment in the first 10 months of this year rose 37 percent from a year ago and is on track to meet a 2014 spending target of 800 billion yuan ($130 billion), the country’s top economic planner. China spent about 590 billion yuan between January and October to build new train lines, or 76 percent of total spending earmarked for railways this year, the National Development and Reform Commission (NDRC) said.
China has approved construction of four railway lines worth 66.24 billion yuan (10.79 billion US dollars) as the government steps up infrastructure investment to boost growth. It is the third time this month that China approved new railway projects. The new railway lines will run in northeastern Jilin Province, southwestern Chongqing, Shaanxi Province and Inner Mongolia Autonomous Region, the National Development and Reform Commission (NDRC) said in a statement on its website.
CARNTYNE Transport has invested over £3m in the development and introduction of road tankers which comply with new government legislation that will take effect in 2024, requiring road tankers within the industry to be operated from ground level. This is a significant transition as tankers operating within this area are traditionally top filled and operated from an upper gantry.
Caterpillar announced it has begun full production of its new Class 8 CT681 vocational truck. The axle-forward truck is being made for Cat by Navistar International at Navistar’s Escobedo, Mexico, plant under a contract manufacturing agreement.The CT681 can work for any vocational application, but customers who are affected by bridge laws in their states will find that this truck meets their needs.
C.H. Robinson Worldwide said net income in the second quarter increased 6 percent to $118.6 million, or 80 cents per share, from $112 million, or 70 cents per share.The company’s report, including a 6.5 percent rise in revenue to $3.5 billion, noted that North American truckload volumes increased about 3 percent.
Crane Rental Corporation, member of the Cargo Equipment Experts CEE network in the USA, was to be part of the team that moved two “super loads” nearly 30 miles in the northeast United States. A tower, used to refine ethane from a natural gas stream, needed to be transported from a rail spur to its final destination at a natural gas plant. The “super loads” were each 129 feet long, 14 feet wide, 510,000 pounds, and about 17 feet high on Crane Rental Corporation’s Goldhofer multi-axle trailer. The 27-mile route was chosen and planned over the last year by a team that included the state’s Department of Transportation in order to ensure safe travel to the tower’s destination. Though it was expected to take about four days for journey at a maximum speed of 5mph, however due to cooperative weather and an expert team it completed the journey within three days.Canadiangrain shipments by rail have gained momentum during March, when Ottawa ordered Canadian National Railway Co and Canadian Pacific Railway Limited to improve service. Transportation bottlenecks have left crops landlocked after a record-smashing harvest and frigid winter in Canada, the world’s biggest canola exporter and No. 2 wheat shipper. According to Wade Sobkowich, executive director of Western Grain Elevator Association, grain handlers have seen “a slight improvement” in railway service during the month, duly supported by milder weather. According to CN, the biggest Canadian Railway, it is in process of adding 500 more hopper cars, and intends to continue spotting more than 4,000 cars per week until Port of Thunder Bay, Ontario opens in early April.
Canada has announced proposed Grade Crossings Regulations that would establish new safety standards for federally regulated grade crossings. A grade crossing, also known as a road or level crossing, is where a railway line crosses a road at the same level. Under the authority of the Railway Safety Act, the proposed regulations are expected to improve safety by helping to bring under control the frequency and severity of accidents, which is expected to bring in measures to save lives and prevent injuries and derailments at federally regulated grade crossings.
Carlson Wagonlit Travel (CWT) announced strong financial results for 2013. The key growth was recorded in CWT’s new business sales, with USD $1.9 billion posted in 2013. The company’s specialist business divisions including CWT Energy, Resources & Marine and consulting arm CWT Solutions Group also reported significant growth. However, overall sales volume decreased by 2.7 percent to USD $26.9 billion, reflecting the continuing variable global economic climate and sequestration efforts in the United States that had resulted in reduced demand for Military and Government travel.
Crane Worldwide Logistics continues its push for compliance excellence by providing benefits to customers through recent expansion of its full Authorized Economic Operator (AEO) status in the Netherlands for the EMEA region. AEO status was implemented in January, 2008 under the taxation and customs union of the European Commission.
CEVA Logistics announced renewal of business with Ford Motor Company by which CEVA will provide a range of logistics functions for Ford’s Kentucky Truck Assembly Plant (KTP) in Louisville, Kentucky. CEVA has served Ford KTP as a Material Service Center (MSC) provider for the past five years. CEVA operations will include metering inbound materials, small lot logistics, return container management and just in time transportation to and from the plant. This renewal will also enable CEVA to service a number of tier one suppliers in the region with sequencing services.
Crane Worldwide Logistics renewed it SmartWay Transport Partnership with the U.S. Environmental Protection Agency (EPA). SmartWay, which was launched in 2004, is an EPA program that reduces transportation-related emissions by creating incentives to improve supply chain fuel efficiency.
China’s railfreight throughput grew during the slack season in November 2013 and recorded a rare increase of three per cent, or 9.96 million tonnes year on year to 337.57 million tonnes. During the month, the country’s railway cargo turnover also grew 1.4 per cent, or 3.44 billion tonnes per kilometre, to 249.19 billion tonnes per kilometre. Demand was thriving with daily railway freight car applications reaching 254,000 cars, which increased 7.9 per cent, or 18,532 cars. During November 2013, a total of 174,532 freight cars were loaded across the country, registering an increase of 4,455 cars as compared to the same period during 2012.
CSX Corp announced that its crude-by-rail business is poised to grow seven-fold over within the next couple of years, as U.S. Northeast refiners take up growing supply from North Dakota’s Bakken oil reservoir.CEVA Logisticsannounced the renewal and expansion of business contract with Ford Motor Company. CEVA will provide a range of logistics functions for Ford’s Kansas City Assembly Plant (KCAP) in Claycomo, Missouri. The Kansas City operation is CEVA’s longest running automotive manufacturing support operation for Ford in the Americas. CEVA has served Ford KCAP as an off-site supply chain service provider for over 11 years. CEVA operations will include sequencing of inbound materials, small lot logistics, return container management and just in time transportation to and from the plant. Ford’s Kansas City plant is responsible for manufacturing the F-Series truck and will be the future home of the Ford Transit. CEVA will be investing in new facilities in Kansas City, adjacent to its existing facility, as well as adding more than 60 jobs to the Kansas City area in support of Ford, scheduled to commence in August.
Canadia National Railwayn, Canada’s largest railroad, intimated that it expects the boom in crude-by-rail shipments to continue, despite the Lac-Megantic tragedy and as narrowing spreads between benchmark world oil prices raise questions about the economics of rail transport. The company reported an 11 percent rise in adjusted profit for the second quarter and intimated that its oil shipments grew by 150 percent from the year-earlier period, boosting revenue by about C$100 million ($96.7 million). It also intimated that the growth would likely continue over the next 18 months.
CEVA Logistics, a world leading supply chain company, announced the official opening of the City of Pharma in Italy. The hub, which covers an area of 20,000 sq m, is strategically located in Stradella, in province of Pavia and is fully dedicated to the warehousing and handling of products destined for healthcare distribution channels.
Con-way Freight, a less-than-truckload (LTL) carrier and subsidiary of Con-way Inc., has been named LTL Carrier of the Year by Technicolor Home Entertainment Services. Con-way Freight provides transportation services throughout North America as a core LTL carrier for Camarillo, Calif.-based Technicolor Home Entertainment Services, which annually measures and evaluates its carriers against stringent criteria outlined in a comprehensive performance scorecard. The evaluation ranks service providers in areas such as on-time pickup and delivery, security compliance, communications, capacity, green initiatives including EPA SmartWay scores, invoice and billing accuracy, technology systems performance, claims and overall customer service.Celadon Trucking Services announced that it will acquire Canadian carrier Hyndman Transport Ltd. Hyndman Transport, Wroxeter, Ontario, operates about 175 tractors and generated about $48 million in revenue in 2012. Hyndman President Mike Campbell and Jeff Sippel, Hyndman’s Chief Financial Officer, will continue to help manage and service existing Hyndman business under Celadon.China Railway Corp, the railway operator to be spun off from the dissolved Ministry of Railways, according to the announcement by the Central Government, will have registered capital of 1.04 trillion yuan. However, the ministry’s 2.7 trillion yuan debt remains unresolved. Beijing earlier announced the break-up of the ministry with its regulatory function absorbed into the Ministry of Transport and its operations spun off into China Railway. The firm’s registered capital dwarfs the market capitalisation of most Hong Kong-listed companies, including railway builder China Railway Group, which is HK$78.8 billion, and Cheung Kong’s HK$268 billion.
Container Corporation of India Ltd. (CONCOR) together with National Horticulture Board (NHB) has developed one rake of 90 insulated containers for transportation of perishable commodities on Railway system. The aim of this was to provide safe, secure and fast transportation of horticulture produce through Railways.
Chinese Government, according to reports, has accorded permission for setting up of a national railway company with a registered capital of more than 1 trillion yuan. The move comes after a decision by the top legislature to dissolve the country’s Ministry of Railways, as part of a dramatic overhaul to revamp the troubled railway industry.
China Railway Group Limited has announced the issuance of US$500 million Notes. The offer price of the Notes will be 99.786% of the principal amount of the Notes, which will mature on 2023. It will bear interest from and including February 5, 2013 at the rate of 3.85% per annum, payable semi-annually in arrears on February 5, and August 5, in each year. The Company currently intends to on-lend the proceeds to its subsidiaries for their investments in certain overseas operations.
China Railway Group Ltd. plans to sell its debut U.S. dollar-denominated bonds and Fosun International Ltd. has begun marketing debt after Hengdeli Holdings Ltd. offered investors their first Chinese alternative to property companies this year. China Railway, the nation’s biggest construction company by total assets, has hired six banks to arrange investor meetings, according to a statement to the Hong Kong stock exchange.
Conqueror Freight Network has joined the Elite Association of Logistic Networks (ELITE) after passing the qualifying criteria for membership. Conqueror becomes the tenth network to belong to ELITE following its official launch in late 2012. Headquartered in Madrid, Spain, Conqueror’s freight forwarder membership is spread across 164 cities and 81 countries worldwide.
Descartes Systems Group announced that PNE Corporation has improved customer service and achieved significant performance efficiencies while supporting rapid growth through centralisation of delivery operations with Descartes Route Planner™ On-demand.
Daimler India Commercial Vehicle (DICV), a wholly owned subsidiary of Daimler AG, Germany, has started to export bus chassis from India.
DB Schenker to become logistics partner to the Mercedes Amg Petronas Formula One Team. The Mercedes Amg Petronas Formula One Team has contracted its Europe-wide logistics services for Formula 1 to DB Schenker Logistics.
DB Schenker’s logistics Work has begun in Bergkamen to build a new Logistics distribution center/finished goods warehouse for the WMF Group. The real estate partner Goodman is developing the facility, which will cover an area of 40,000 square meters. It will form an integral part of the Dortmund office’s Shared Logistics Center. and home accessories from the WMF, Silit and Kaiser brands.
Descartes Systems Group announced its unaudited financial results for its fiscal 2015 second quarter ended July 31, 2014. Descartes posted a record quarter growth focusing on growing global logistics network through disciplined operations and complementary acquisitionsDeutsche Bahn Germany’s national railway is seeking $2.5 billion in damages from more than a dozen airlines, including Cathay Pacific Airways and Singapore Airlines involving participation in price fixing cargo cartels.”A number of air cargo carriers in the United States entered into settlement agreements both with class action plaintiffs and individual claimants in order to avoid protracted civil lawsuits,” said the Deutsche Bahn.
DACHSER is moving its local operations to a new Atlanta-based facility. The expanded southeastern hub is fully operational as based on the global Dachser warehouse standards. The new 15,000 square foot hub features office and warehouse space with racking to hold 1,000 pallet positions, cross docking, five standard loading docks and one drive-in door bay.
Daimler Trucks peeled back the camouflage from the Future Truck 2025. The autonomous-driving truck from Mercedes-Benz offers twists on traditional features, including replacing rearview mirrors with a video-camera system and placing the headlights beneath the hood so they shine through the paint.
DHL Global Forwarding officially opened a new logistics center for the pharmaceuticals industry in Leipzig. The facility, covering almost 3,000 square meters, located in direct proximity to the Leipzig/Halle airport and serves as a competence center for the transport, transport preparation, temporary storage, and transport follow-up of active and passive temperature controlled pharmaceutical products.
Dachser has broadened is reach into the Asian market by purchasing the remaining shares of Dachser India from its freight-forwarding partner, Mumbai-based AFL. The transaction makes Dachser the sole shareholder of the company’s operations in India and Thailand, and a majority shareholder in the firms’ joint venture for logistics services in Bangladesh.
Danish intermodal traffic posted a 0.6 percent decline to 256,881 Twenty Foot Equivalent Unit (TEU) in 2013, of which 210,443 TEU were laden and 46,438 TEU were empty.Last year as many as 7.4 million tonnes (mt) of domestic and international traffic were carried on Danish railways, a year on year decrease of 7.4 percent.
DB Schenker’s new train service from Hamburg to Zhengzhou is about 20 days faster than ocean freight. Claimed to be for the first time ever, DB Schenker, together with the City and Port Authority of Zhengzhou (Province Henan), has started a freight train service from Hamburg to the central Chinese city. The train, with a capacity of 41 containers, transports, among other things, industrial robots for an international technology firm.
DHL which is expanding its services for the life sciences and healthcare industry in China has added Beijing, Shanghai, Hong Kong, Guangzhou and Shenzhen to the company’s worldwide DHL Thermonet network of certified life sciences stations.
DHL reached another milestone of its environmental protection program GoGreen. More than 60 percent of its global electricity demand is now generated from renewable sources.
DHL is set to invest €100 million (about 797 crore) over the next two years in India, a market it has chosen to pilot the development of e-commerce services for the Asia-Pacific region. It will spend in developing e-fulfilment centres, procuring new aircraft and expanding the range of payment and delivery options in India through its BSE-listed unit Blue Dart Express.
DTDC has entered into its 25th year of operations across the world and held a grand event in Bangalore to celebrate this feat. The year long celebrations kick started from Bangalore as DTDC had started its operations way back in 1990 from this very city.
DB Schenker strengthened its foothold in Vietnam’s logistics arena with the recent acquisition of the outstanding 49 percent of the shares in its joint venture with Gemadept Logistics.
Daimler Trucks North America said it is reaping returns in sales of heavy- and medium-duty vocational trucks based on the investments and planning that started during the depths of the recession. DTNA executives said sales of Freightliner SD and M2 vocational vehicles have grown more rapidly from 2009 through 2013 than U.S. and Canadian vocational sales industrywide.
DHL has started construction of a major new €67 million facility in Japan. The logistics major’s fourth Tokyo gateway is due for completion in 2016 and will offer 15,000 square meter of bonded warehousing capacity for imports and exports within easy reach of Narita and Haneda airports.
DTDC has entered into its 25th year of operations across the world and held a grand event in Bangalore to celebrate this feat. The yearlong celebrations kick started from Bangalore as DTDC had started its operations way back in 1990 from this very city.
Damco, the global freight forwarder and logistics provider, announced that it will extend its partnership with the Shandong Kerui Holding Group Co., LTD. (“Kerui”). Since 2013 Damco has been successfully transporting oilfield products from Tianjin and Zhengzhou, China to South America and Europe. Capitalizing on Damco’s legacy of ocean and air freight expertise, Kerui has gained further strength on logistics lead time and cost. The management of Keri has expressed their satisfaction with Damco’s service.DeCeTe Duisburg ,the inland terminal of Germany , and the Euromax Terminal Rotterdam has been connected with direct rail service on 11 March. The daily Betuwe Express rail service between DeCeTe and the ECT Delta Terminal now will be running to the Euromax deep sea terminal at the Maasvlakte (Rotterdam) three times per week. This new direct rail connection is part of an ever-expanding range of services that European Gateway Services offers to shipping lines, logistics service providers and shippers.
Daimler AG’s truck unit, according to its top executive, expects to increase sales and profit in 2014, which in turn is expected to help it reach a medium-term goal of an 8% return on sales. Daimler Trucks focused much of its effort the past two years on revising models for a new set of European emissions standards that took effect this year. Wolfgang Bernhard, head of Daimler Trucks predicted a “significant” sales growth and a “substantial” increase in earnings before interest and taxes in 2014. According to Bernhard the company will focus more on profitability in 2014.
D Steven & Son, based at Scrabster, has recently added nine new Volvo FH 540 tractor units to its fleet as part of its ongoing vehicle replacement programme. Supplied by the Inverness dealer point of Volvo Truck and Bus Centre North & Scotland, the new trucks all feature Globetrotter XL cabs and Volvo’s I-Shift automated gearbox.
DB Schenker is currently establishing its own domestic network for procurement and distribution in Turkey. The company’s network expansion in Turkey is taking place in three phases. The first one extends from the starting point in Edirne over Istanbul to the distribution nodes Bursa and Izmir while the second encompasses transport between Eskisehir, Afyon and Antalya. Both these phases have been completed.DB Schenker Rail,UK has become the first rail freight company to operate an intermodal service out of London Gateway, Britain’s newest deep sea Port and Logistic Park. The news follows the announcement by DB Schenker Rail UK confirming the operation of regular services to Trafford Park and Daventry International Rail Freight Terminal from London Gateway when the port opens in November. DB Schenker Rail UK is the first rail freight operator in the UK to commit to services to and from London Gateway.
DB Schenker Rail, UK won the Freight and Logistics Achievement of the Year award for their strategic partnership with Tata Steel at the ‘National Rail Awards 2013’. The companies have a good partnership and have been successful in reducing the number of empty trains and increasing the number of longer trains which are operated, to make services more efficient.DB Schenkerhas opened its to date largest logistics center in Japan, located at Baraki, only 25 kilometers away from central Tokyo next to the Wangan Expressway. The Baraki Logistics Center with a total area of 33,000 square meters is a multi-customer facility, while a major portion of the available space is reserved for products and parts of the electronics industry.
DB Schenker operated the first freight train ride from the north-central Chinese city of Zhengzhou to Hamburg. The train from Zhengzhou covered the 10,214 kilometre route through China, Kazakhstan, Russia, Belarus and Poland to Germany in a record time of just 15 days. The voyage was operated on behalf of the Zhengzhou International Land Port Development and Construction Company, with DB Schenker responsible for the logistics services outside China.DB Schenker was present at Solarcon India 2013 expo to showcase its global capabilities for Solar industry supply chain solutions. DB Schenker shows a high density in the semicon and solar sector and is engaged with world’s most important OEMs/suppliers to add value along their entire supply chain. At the expo DB Schenker solar and semicon team was present with its industry experts from India and Asia Pacific region including John Lu from DB Schenker Regional Head Office.Damco has commenced offering its customers access to the frontier market of Myanmar, after being granted a permanent license in July to operate under its own legal entity in the country, making the company one of the first supply chain solution providers to offer genuine end-to-end logistics services there. Myanmar, with about 60 million people, is implementing reforms and was opened to business in 2012 with companies from the US, Europe and beyond. Damco is helping its customers reduce short and long-term business volatility in this new market by working closely with the UK-based Institute for Human Rights and Business and the Danish Institute for Human Rights to ensure the UN Guiding Principles on Human Rights are applied.DB Schenker has opened a new office in Thiruvananthapuram, the capital of the state of Kerala, India. This is DB Schenker’s 37th office in India. The city, located on the west coast of India, is a business hub for the region. The new office would enable DB Schenker to provide services for retail, chemical, electronics, handicraft, food products, automotive, manufacturing and other prevailing industries in the state.”DB Schenker in India has further enhanced our footprint density in the south region to better serve our customers, and we will persist to set up everywhere our customers need us to be.” said Reiner Allgeier, Managing Director Schenker India. DB Schenker Logistics new modern logistics centre in Zwevegem offers customers in the Belgian provinces of Hainault and West and East Flanders a faster connection to European and world markets. The new facility cost €13 million and offers optimum infrastructure for national and international land transport. The terminal uses the latest environmentally-friendly technology such as solar panels, sensor-controlled lighting and service water recycling, and sits on a 36,000 sq meter site. Over 70 bays can accommodate a variety of types of vehicles, ranging from delivery vehicles for local transport to standard trucks and wide-bodied vehicles.DB Schenker Logistics has extended its partnership with Wolters Kluwer Transport Services (WKTS) by another three years. WKTS provides ‘on demand’ transport management software and services, including the freight exchange brands Teleroute, BursaTransport and Nolis. DB Schenker Logistics signed its first agreement with Teleroute in 2010 to bring up to 1.2 million offers on the freight exchange. On a daily basis, more than 70,000 Teleroute customers can find 200,000 real-time freight and vehicle offers on the exchange platform.
DB Schenker has been chosen by Avtrade to store, manage and provide local logistics services to support its Dubai and Singapore operations. The operator will support the global aircraft component support service provider’s commitment to Gulf and Asian carriers, contracted clients and local operators.
DB Schenker, on behalf of ScandFibre Logistics, has commenced handling shipments to Germany, Austria and Eastern Europe for ten Swedish paper mills. Seven trains are scheduled to run each week. This means that around 12,000 railcars transporting 500,000 tons of paper from Sweden will be hauled by DB Schenker Scandinavia across the Öresund Bridge and back each year, with 120,000 tons in return loads for customers in other business sectors. In Sweden, the trains will be hauled by the Swedish rail freight carriers Green Cargo and Hector Rail. As Europe’s largest rail freight carrier, DB Schenker Rail is now one of the key service providers in the “Rail 11” rail-based logistics concept operated by ScandFibre Logistics. As a result of the new cooperation arrangement, railcar turnaround times have been reduced and shipments can be adjusted to fluctuations on the market at short notice.
DB Schenker Logistics has just started the construction of a new logistics center in Rudná u Prahy, close to the Czech capital. The terminal is designed to meet most advanced technological, safety and environmental requirements. DB Schenker will invest 23.5 million Euros in the project.
Dedicated freight corridor (DFC) railways have signed a loan agreement of about USD 4 bn with Japan for its western corridor. The project appraisal for the two routes comprising Vadodara to Jawharlal Nehru Port (JNPT) and Rewari to Dadri in the western dedicated freight corridor was signed between Japan International Cooperation Agency (JICA) and the Railways, informed a senior official of Dedicated Freight Corridor Corporation (DFCC).
DB Schenker recently has established a new major logistical warehouse and operations center in Sydney. The facility employs 80 people and caters to the logistical needs of some of Australia’s largest electronics, consumer, as well as healthcare and office supplies companies.
DB Schenker Logistics is expanding its tailored transport and logistics services to include the new DB SCHENKER lead logistics service. As a “Lead Logistics Provider” or “Fourth Party Logistics” (4PL) service provider, DB Schenker will now carry out management and integration of various service providers, particularly freight carriers, on behalf of the customer along the customer’s supply chain. These services include coordinating transport by lorry and rail as well as logistical services.
DHL Supply Chain, the global market leader for contract logistics solutions, announced an investment of Euro 50 million to further strengthen its market-leading position in Thailand. Over the next two and a half years, the company plans to build new facilities, expand its fleet of trucks, invest in new technology, intensify its training and talent development programs and create an additional 2,000 jobs.
DIRECTV renewed its logistics services contract with Kuehne + Nagel to manage its U.S. warehousing operations and inbound international transportation for a further period of 04 years. This contract is both a renewal and expansion of the existing 6-year strategic relationship. Two additional distribution centers will be opened in Illinois and Texas to further improve customer service to DIRECTV customers and to lower transportation costs.
Etihad Rail DB and DB Schenker have overseen the launch of the the first freight trains in the emirati. The two partners have officially taken responsibility for the network’s Operation Control Center (OCC) in Mirfa.
Enterprise Rent-A-Car has appointed Greyfell Nordic as its franchise partner in Sweden and Norway to extend the Enterprise brand into Scandinavia. This agreement is part of a planned programme of expansion over the past 18 months that has seen Enterprise partner with leading mobility providers across Europe.
Etihad Rail is set to secure government funding and award contracts to build the second phase of its $11 billion national rail network.
Empire CLS has partnered with ECPAT-USA as the first global ground transportation company to join the Tourism Child-Protection Code of Conduct (the Code), an industry-driven initiative to provide awareness, tools and support to its partners to prevent the sexual exploitation of children.
Eurotunnel, Channel tunnel operator, after twenty years of being in the business, is looking forward to a strong and profitable future, supported by record passenger traffic and a growing freight business. The tunnel linking France to Britain carries the Eurostar high-speed train from Paris and Brussels to London and shuttle trains conveying passenger cars, coaches and freight trucks. The company, twice forced to refinance after construction cost overruns and over-optimistic traffic forecasts, announced that it benefited from a recovering British economy during 2013 and also set a solid trading record in February. In addition, the company has announced that it also expects to pay corporation tax for the first time next year.
East Japan Railway Company (JR East) has appointed Thales to design a communications-based train control (CBTC) system for Tokyo’s Jōban Line. Thales will upgrade the existing automatic train control (ATC) system on the 30-kilometre line, connecting Ayase to Toride, with a modern CBTC system which will help increase capacity by removing track circuits and thus reducing headways. Thales announced that it was the first non-Japanese company to enter the Japanese signalling market through work on Tokyo’s rail network.
Eurail Group is offering a 20% discount off the regular price of its Eurail Italy Passes. The promotional discount would be applicable to both first and second class Eurail Italy Passes and would be valid for all travel categories such as adult, child and youth, including saver passes (group discounts). The Eurail Italy Pass provides the traveler with an option to select from three to ten travel days within a two-month period. The Eurail Italy Pass is required to be activated for travel within six months of purchase. Italy is the second most popular country overall for Eurail Pass holders, while the Eurail Italy Pass remains the best-selling One Country Pass.EVA Holdings LLC (“CEVA”)reported results for the three months ended 30 June 2013 indicating that the company’s Adjusted EBITDA doubled from the previous quarter, reflecting operating improvements that include benefits from reductions in cost from previously announced plans.Eurasia Groupehas acquired three disused warehouses from the city of Le Havre, totalling 78,000 sqm and located on a 14 hectare site, which has dockside access. The buildings are to be renovated and transformed into the ’Centre Eurasia’ which will handle import traffic largely in the form of Chinese and Asian origin, high-volume building materials and products as well as homeware, furnishings and decorative goods. The logistics hub will offer firms specialising in these sectors the possibility of occupying operating units, ranging from 500 sqm to 3,000 sqm in size, for the storage and distribution of goods bound for domestic and European markets.Elite Association of Logistic Networks (ELITE)has announced its official launch following the qualification of nine major global logistics networks as founding members. Combined membership of ELITE-qualified networks comprises over 3,550 freight forwarding companies around the world, with annual revenues in excess of US$60 Billion and over 140,000 staff operating from 7,000 plus offices in 188 countries worldwide.
Flightcar has been a major player in car rental industry over the years and its addition to Travelauto.com comes as a fulfillment of a promise given a few months ago by Chandra Mouli, the CEO of Travelauto. While announcing the addition of Fox Rent-a-car last year, the CEO pointed out that travelers should expect to see major car rental companies coming into the fold to help cover greater traveling regions around the US, Europe and other regions in the world.
Ford Motor and General Motors posted double-digit sales gains in China last year. Ford and its Chinese joint ventures sold 1.11 million vehicles, up 19 percent from the previous year.
FPS Logistics Thailand has launched a new logistics operation in neighbouring Myanmar that aims to help the country of 65 million inhabitants build its infrastructure, as the first step towards becoming a major exporter. Leo Myanmar Logistics Company Limited opened its doors in a partnership between majority shareholder FPST/Leo and Myanmar’s EFR Group of companies.
Finnair and Finnish railway operator VR are lending a hand to offer combined air-and-rail tickets between Saint Petersburg and international destinations connecting via Helsinki.
Fargo Systems, creator of the popular Transport Operations & Processing Systems (TOPS) software, has improved the efficiency of Young’s Container Transport (YCT). YCT has recently implemented TOPS across its depots in Tilbury and Southampton, which caters for 170 of its own vehicles and 70 of its dedicated subcontractors. Leading haulier YCT provides first class transport and storage solutions and has already created a number of efficiency savings since employing TOPS as their transport management software solution. Since its 2012 release, the TOPS System has been providing bespoke and off-the-shelf software solutions to the haulage industry with huge success.FedEx Corp.announced that its fiscal third-quarter net income rose 5% to $378 million, or $1.23 per share, from $361 million, or $1.13, a year ago, as difficult operating conditions held back stronger earnings improvement. According to the company, the revenue for the quarter ended in February rose to $11.3 billion from $11 billion. However, iIts profit was suffered by severe winter weather, which resulted in reduction of $125 million off its income before interest and taxes. FedEx also cut its full-year profit guidance because of the weather conditions to a range of $6.55 per share to $6.80 per share. The upper end of its previous earnings guidance was above $7 per share.
FlexLink, one of the world’s leading suppliers of flexible, modular conveyors and industrial automation equipment, has extended the contract with Kuehne + Nagel as its exclusive logistics and transport service provider for a further period of two years. In accordance with the extended contract, which started in 2012, Kuehne + Nagel will continue to manage all international transports for FlexLink from their global hub in Poznan. The company will provide air and sea transportation services to more than 30 destinations worldwide, as well as part load and consolidate overland services across Europe. In addition, the agreement also includes all customs clearances and thus covers the entire logistics needs of FlexLink and its customers from door-to-door.
Ford China continued to expand sales in October, with 93,969 wholesale units sold, registering an increase of 55 percent from October 2012. Following a record third quarter, year-to-date sales also remained strong with 741,818 wholesale units sold, registering an increase of 52 percent compared to the same period last year.
Ford is launching 100 Transit Centres across the UK, offering new high-tech showrooms, elevated after sales and service standards and extended opening hours. The new Transit Centres will provide a cutting-edge environment for Ford to showcase its next generation of commercial vehicles to customers, and will enable the launch of Ford’s Transit24 aftersales programme, which is aimed at minimising vehicle downtime and reducing whole life costs for commercial vehicle operators.Federal Motor Carrier Safety Administration (FMCSA) has withdrawn a proposed rule, announced in December 2007, which would have required new entry-level driver training standards for individuals applying for a commercial driver’s license (CDL) to operate commercial motor vehicles in interstate commerce. Withdrawal of the proposed rule is the result of issues raised at FMCSA listening sessions during this year and new directives contained in the surface transportation law, MAP-21. The Agency does plan to start over and issue a new proposal for training entry-level drivers.Fargo Systems has formed a partnership with freight forwarders Allport Cargo Services to develop a solution to providing a seamless logistics service. The project will combine Allport’s company resources with those of its subcontractors to provide blue chip retail clients that also includes Monsoon, New Look and Matalan, with a smooth and transparent logistics service. The TOPS…on the go smartphone-based system is believed to provide an improved and consistent delivery service to clients. Following successful negotiations with its subcontractors, needed for financial investment, Allport signed a three-year contract with Fargo Systems, and TOPS…on the go is now deployed across 140 vehicles (Allport’s own fleet and subcontractors’ contract vehicles).
Ford Motor Co, according to its Chief Executive Alan Mulally, expects to see more of its vehicles exported from India as the company looks to build more vehicles using global platforms, or chassis, to cut costs and quicken product development.Ford Motor Co opened the first Western car dealership in Myanmar, with a hope that its models could take market share from Japanese brands that dominate the country’s potholed streets. The move would help Myanmar become further integrated with the global economy.
Fosun International Ltd reported that it has teamed up with Alibaba Group Holding Ltd and other parties in a logistics project valued at about 5 billion yuan (US$816 million). Fosun is required to contribute 500 million yuan for its 10 per cent interest, the company intimated in a filing, implying that the total value of the project is around 5 billion yuan. Alibaba, China’s largest e-commerce services provider, established the consortium which will invest as much as 100 billion yuan (US$16.34 billion) over the next five to eight years to develop logistics to improve delivery in China’s booming e-commerce sector.
Global Logistic Properties has made a sizeable foray into the US market after striking a deal to co-invest with GIC to acquire one of the largest logistics real estate portfolios in North America for $8.1 billion. The Singapore-based logistics property giant said the transaction was expected to be completed in the first quarter of 2015 and GLP would initially hold a 55 percent stake in GLP US Income Partners.
General Motors said it expects in 2016 to ring up its first profit in Europe in more than a decade and that it will also hit targeted North American operating margins that year. The projections came two days after its smaller rival, Ford Motor disappointed investors with its financial outlook.
GS1 Australia received an award in the technology category in the Australian Freight Industry Awards, hosted by the Victorian Transport Association (VTA).The Intermodal Visibility Project, managed by GS1 Australia, was awarded the Shaun Owen Memorial Australian Transport & Logistics Technology Award.
General Motors Co announced movement of its international operations headquarters to Singapore from Shanghai in the second quarter of 2014. The move comes after GM split its China operations from its international unit earlier this year.
Grindrod (GND), the Transport and logistics group, has made an offer to acquire all the shares of the Racec Group, except the 25.1% interest held by Solethu Civils. The announcement was made by the two parties n a joint statement. According to the statement, the deal is “subject to the fulfilment of certain conditions‚ including the approval of competition authorities”.
Greyhound, the largest provider of intercity bus transportation, announced the launch of ‘BLUE’, its onboard entertainment system, developed in cooperation with Lufthansa Systems. ‘BLUE’, which stands for Bus Line Universal Entertainment, enables passengers to watch movies, listen to music, surf the Web and play games from the comfort of their seats using their own personal Wi-Fi enabled device.General Motors Co outlined plans for investing $691 million to expand its Mexican operations, including the previously unannounced expansion of its Toluca engine plant. According to Ernesto Hernandez, President, GM Mexico, the plans include a new factory in Silao in central Mexico to build 8-speed transmissions and an upgrade to an existing factory in San Luis Potosi that will make next-generation transmissions.Garbe Logistic AG, Hamburg, and Accent Real Estate Investment Managers, Moscow, is to cooperate in the development of logistics real estate in Russia. Both partners will reap the benefits of this cooperation. “We can contribute our extensive expertise in the development and implementation of high quality, modern logistics facilities,” said Jan Dietrich Hempel, “while Accent has a profound knowledge of the Russian real estate and investment market through the development stages – from purchasing a land plot to property disposition of the stabilized asset.”he added.
Geodis Wilson has signed a two-year contract to manage the global logistics operations for international luggage manufacturer Delsey. The contract involves management of intra-Asia freight services through Vietnam and Southern China, contractual logistics with a permanent storage volume above 15,000cu metres and FCL deliveries worldwide to France, the US, Latin America, Middle East and Asia Pacific.
Hyundai Motor plans to spend around $1.8 billion by 2020 on a major offensive in commercial vehicles, including entering the race in the United States, to catch up with rivals in a rapidly growing global market.
Hyundai Motor Group said it would spend $73 billion over four years on expanding capacity, building new headquarters and developing new vehicles.
Honda Motor’s Canadian division said it will invest C$857 million ($749.98 million) over three years to upgrade manufacturing plants in Alliston, Ontario, which will be the global lead for production of the next-generation Honda Civic.
Honda Motor said teething troubles at a new plant in Mexico dented sales and profit in the U.S. market, its biggest, taking the shine off a better-than-expected rise in quarterly profit powered by brisk results in Japan.
Hyundai Group made a deal to sell its logistics unit to a consortium led by Japan’s commercial finance company Orix, in order to shore up its finances. Orix teamed with Hyundai Merchant Marine to buy 88.8 percent of Hyundai Logistics Company for $584 million. As part of the restructuring agreement, Hyundai Group will buy the 20 percent state in Hyundai Elevator that was owned by the logistics group.
Honda Cars India will use the Ennore Port to export cars to South Africa. In addition, it will also finalize an agreement with Ford India for the car manufacturer to use the port as an export base. The port officials intimated that leading original equipment manufacturers (OEMs) such as Nissan, Toyota, Volvo and Ashok Leyland use the Ennore Port to ship out vehicles. Ford and Honda Cars will be the latest addition to this group. Honda Cars’ spokesperson intimated that the car manufacturer finds it attractive to use the port even though it is situated away from its production facility in Greater Noida than the ports on the west coast.
Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide, announced the sale of RTL-Westcan Group of Companies (RTL-Westcan), a provider of specialized bulk transportation and logistics services, to strategic buyer Kenan Advantage Group (KAG).
Hertz Corporation, the world’s leading general use car rental brand, has entered into a new partnership with Kuwait Airways to provide special rewards to members of the airline’s frequent flyer program, “Oasis Club”. In accordance with the agreement, Oasis Club members can immediately take advantage of best available rates on car rentals at Hertz locations across the airline’s international network of 34 destinations, and beyond at any of the 8,800 Hertz locations worldwide, while earning 500 Oasis Club Miles for each rental. This doubles up to 1,000 Oasis Club Miles for those booking cars from the Hertz Prestige Collection which includes luxury brands such as Mercedes, BMW and Porsche.Hertz Corporationannounced that it has expanded its line of sports cars available for rent to include the Porsche 911, Boxster, and Cayenne, which join the already-available Porsche Panamera. With the expansion, consumers in select markets are now able to rent a variety of Porsche vehicles that transform an ordinary trip into an extraordinary journey.
Hyundai Engineering & Construction Co., South Korea’s leading builder, announced that it has won a US$ 2.06 billion deal to build a bridge in Kuwait with a local firm.Under the contract Hyundai E&C will build a 36.14 kilometer-long bridge from Shuwaikh Port near Kuwait City to Subiyah in the central region, said the company in a filing.
Imperial Logistics has netted a two-year contract that will see the group moving some 190,000 tonnes of frozen vegetables annually, as well as providing state-of-the-art warehousing for McCain. The scope of Imperial’s contract includes national and cross border transport and distribution services, cold storage, bulk storage, merchandising and the complete optimisation of McCain’s transport services.
Indian Railways carried 445.73 million tonnes of revenue earning freight traffic. The freight carried shows an increase of 19.59 million tonnes over the freight traffic of 426.14 million tonnes actually carried during the corresponding period last year, registering an increase of 4.60 percent.
ID LOGISTICS, has reported a third-quarter global turnover of €206.3 million, registering almost 18% increase on a like-for-like basis on the same period last year. Revenue from international business totaled €92.0 million registering a like-for-like increase of 30.9%.
ID Logistics, the rising star of French contract logistics, continues to post double-digit growth in turnover amid a rapidly-expanding international footprint. In the first three months of the year, revenues totalled €150.1 million (£128.5 million) registering an increase of 17.2% as compared to the corresponding period in 2012. Turnover from international business stood at €62.3 million registering an increase of 32.3%. During last year, its global turnover rose by 21.6%, on a comparable basis to 2011, to almost €560 million.Indian Railwayshave generated USD 4.56 bn of revenue earnings from commodity-wise freight traffic during 1st April to 30th June 2013 as compared to USD 4.20 bn during the corresponding period last year, registering an increase of 8.41 per cent. Railways carried 256.79 million tonnes of commodity-wise freight traffic during April-June 2013 as compared to 244.81 million tonnes carried during the corresponding period last year, registering an increase of 4.89 per cent.Indian Railwayshave generated USD 3.06 bn of revenue earnings from commodity-wise freight traffic during April-May 2013 as compared to USD 2.8 bn during the corresponding period last year, registering an increase of 8.66 per cent. Railways carried 171.84 million tonnes of commodity-wise freight traffic during April-May 2013 as compared to 164.38 million tonnes carried during the corresponding period last year, registering an increase of 4.54 per cent.
Indian Railways have generated USD 16.96 bn of revenue earnings from commodity-wise freight traffic during fiscal 2012-13 as compared to USD 13.79 bn during the corresponding period last year, registering an increase of 22.95 per cent. Railways carried 1009.83 million tonnes of commodity-wise freight traffic during financial year 2012-13 as compared to 969.78 million tonnes carried during the corresponding period last year, registering an increase of 4.13 per cent. Out of the total earnings of USD 1.55 bn from commodity-wise freight traffic during the month of March 2013, USD 0.72 bn came from transportation of 48.79 million tonnes of coal, followed by USD 0.15 bn from 10.35 million tonnes of iron ore for exports, steel plants and for other domestic user, USD 0.18 bn from 11.05 million tonnes of cement, USD 0.15 bn from 5.24 million tonnes of foodgrains, USD 0.08 bn from 3.55 million tonnes of petroleum oil and lubricant (POL), USD 0.10 bn from 3.37 million tonnes of Pig iron and finished steel from steel plants and other points, USD 0.06 bn from 3.10 million tonnes of fertilizers, USD 0.03 bn from 1.56 million tonnes of raw material for steel plants except iron ore, USD 0.08 bn from 3.85 million tonnes by container service and USD 0.13 bn from 7.46 million tonnes of other goods.
Inter-American Development Bank (IDB) and the International Transport Forum (ITF) at the OECD are joining forces to foster a twinning initiative between Jamaica and the United Kingdom to promote the implementation of best practices in road safety data collection. The goal of the twinning is to help Jamaica align its road safety data to international standards – as recommended by ITF’s International Traffic Safety Data and Analysis Group (IRTAD) – as an important step towards more effective road safety policies. Compared with the Americas as a whole, the share of road deaths in the non-Latin Caribbean is currently more than 2.5 times higher than its share of registered vehicles. The Road Safety Unit of Jamaica’s Ministry of Transport, Works and Housing is seen as leading the way on road crash data in the Caribbean. With the help of the twinning programme, Jamaica will be put into a position to share best practices and knowledge with other countries in the region.
Indian Railways have carried 911.53 million tonnes of revenue earning freight traffic during April 2012-February 2013. The freight carried shows an increase of 35.93 million tonnes over the freight traffic of 875.60 million tonnes actually carried during the corresponding period last year, registering an increase of 4.10 per cent. During the month of February 2013, the revenue earning freight traffic carried by Indian Railways was 83.60 million tonnes. There is a decrease of 0.16 million tonnes over the actual freight traffic of 83.76 million tonnes carried by the Indian Railways during the same period last year, showing a decrease of 0.19 per cent .
Indian Railways earnings from April 2012 to February 2013 were Rs. 111984.89 crore (about US$20.6 billion), rising 20.4 percent, compared with $17.1 billion during the same period in the previous year. Total goods earnings grew 24.4 percent year-over-year to $14.2 billion for the April 2012 to February 2013 period.
International Air Rail Organisation (IARO) has welcomed the UK Government’s announcement that the preferred route of phase 2 of the proposed High Speed Two rail line will serve Manchester Airport. Phase 2, for completion by 2032, will include a new station at Manchester Airport which would not only serve the Airport but would also serve the wider areas around Manchester.
Indian Railways announced that its total approximate earnings on originating basis during 1st April to 31st December 2012 were Rs. 89906.46 crore as compared to Rs. 75009.17 crore during the same period last year, registering an increase of 19.86 per cent. The total goods earnings have gone up from Rs. 49868.95 crore during 1st April – 31st December 2011 to Rs. 62413.41 crore during 1st April – 31st December 2012, registering an increase of 25.15 per cent. The total passenger revenue earnings during 1st April – 31st December 2012 were Rs. 23025.34 crore compared to Rs. 20999.01 crore during the same period last year, registering an increase of 9.65 per cent. The revenue earnings from other coaching amounted to Rs. 2345.02 crore during April-December 2012 as compared to Rs. 2106.83 crore during the same period last year, registering an increase of 11.31 per cent. The total approximate numbers of passengers booked during 1st April – 31st December 2012 were 6422.29 million as compared to 6210.12 million during the same period last year, indicative of an increase of 3.42 per cent. In the suburban and non-suburban sectors, the numbers of passengers booked during April-December 2012 were 3354.15 million and 3068.14 million compared to 3265.13 million and 2633.46 million during the same period last year, indicating an increase of 3.42 per cent respectively.
Indian Railways (India) revenue earnings from commodity-wise freight traffic zoomed to Rs 47,063.59 crore during April-October 2012 as compared to Rs 37,392.97 crore in the corresponding period of the previous year. The Railways carried 565.37 million tonnes of commodity-wise freight traffic during April-October 2012 as compared to 536.92 million tonnes in the corresponding period of last year. The Net Tonne Kilo Metres (NTKM) went up to 3,63,834 million during April-October 2012 from 3,57,750 million in April-October 2011.
IRCTC unveiled its swanky new ‘executive’ waiting lounge at the Ajmeri Gate entry point of the New Delhi Railway Station. For Rs 300 per person, one can now enter the facility for three hours and enjoy complementary buffet meals or snacks, tea, coffee and can access Wi-Fi. The lounge has TV screens with train information display, apart from other screens that display other channels. If passengers want to stay beyond three hours, Rs 125 will be charged extra for every hour. Catering services are provided by SSP Catering India, which also provides catering to Emirates’ lounge at T3, IGI Airport. Spread over 300 sq m and two floors, the lounge has a seating capacity for 125 persons.
Indian Railways (IR)is going to increase haulage rates by up to 31 per cent for container train operators (CTOs). This is expected to impact both domestic and exim (export-import) businesses which accounts for 80 per cent of the container business. The increase is expected in two phases, a 22 per cent increase from December 1 and another rise from February 1, 2013. Haulage charges, which CTOs pay the railways for using the tracks, locomotives and signalling infrastructure, account for a little over 70 per cent of CTOs’ operating cost. For IR, this constitutes four per cent of its total annual freight earnings. Of the 16 CTOs permitted to operate, those whose mainstay has been the exim business will get impacted the most — railways’ owned Container Corporation of India (having 75 per cent of the exim business), Gateway Distriparks, and those backed by shipping lines such as Hind Terminals and APL India Infrastructure.
Indian Railways total approximate earnings of on originating basis during 1st April to 30th November 2012 were USD15.77bn as compared to USD 13.23bn during the same period last year, registering an increase of 19.23 per cent. The total goods earnings have gone up from USD8.77bn during 1st April – 30th November 2011 to USD10.89bn during 1st April – 30th November 2012, registering an increase of 24.14 per cent.
Indian government has approved a proposal put forward by the Ministry of Railways to allow private sector investment in rail connectivity and capacity augmentation projects.
Japan Post said that it has agreed on capital and business tie-ups with Hong Kong logistics company Lenton Group, a unit of France’s GeoPost, to expand into international parcel delivery service markets.
Jan de Rijk Logistics announced that it has signed a prolongation agreement for Road Feeder Services with Singapore Airlines Cargo. The extension of the current Road Feeder Services contract is a positive development in the current air cargo market and proof of the trust Singapore Airlines Cargo has in the company’s extensive trucking network.
Jan de Rijk Logistics of Netherlands has obtained the Good Distribution Practices Certificate (GDP) solidifying its existing processes for (Inter-)national road haulage and cross-docking of conditioned pharmaceutical products. The expansion in the Pharma business is one of the key future strategies for Jan de Rijk. With a Pharma and secured team based at its Headquarters in Roosendaal and dedicated Pharma trailers the firm would be able to provide a high class service within Europe. Its extensive network knowledge and GDP certification will support it in becoming a strong and competitive Pharma logistics supplier.
Kuehne + Nagel and British American Tobacco (BAT) are extending their collaboration with the implementation of a new global integrated logistics solution. The concept widens the scope of activity carried out by Kuehne + Nagel for BAT and sees the two organisations collaborate further to drive innovation in BAT’s existing supply chain.
Kerry Logistics Network Limited has announced two strategic acquisitions to expand reach and capacity of its international freight forwarding (“IFF”) business in the Middle East and Canada.
Kerry Logistics Net has been named Global and Regional Logistics Provider of the Year at the Payload Asia Awards in Singapore. This makes Kerry Logistics the first company to win both the global and regional awards in the logistics category, as well as the first Hong Kong company to be crowned with this global accolade.
Kerry Logistics Network with new joint ventures in Australia and New Zealand is enlarging its network and IFF operations in Oceania. Now Kerry Logistics is one of the few logistics companies with the ability to provide daily Trans-Tasman airfreight services in the market.
Kuehne + Nagel has launched the construction of a build-to-suit (BTS) logistics centre in the west of Singapore. The new state-of-the-art facility will be ideally located within close proximity to major manufacturers and ports.
Kale Logistics announced that BVC Logistics went live on its Freight management Software-CORVI in a record time of two months. CORVI is an online application that acts as a single window solution for global forwarders and caters to their automation needs for automating processes in Sales, CRM, freight forwarding operations, Billing and Business Intelligence.
Kenya Railways Corporation confirmed that work for the new commuter line from the city centre to the Jomo Kenyatta International Airport is scheduled to commence in January 2014. The KES 10 billion project, which also includes several branch lines to connect the CBD with the more distant parts of the sprawling city, is aiming to significantly reduce the traffic jams now seen across much of the day in Nairobi.
Kuehne + Nagel and Germany’s VTG Aktiengesellschaft have signed an agreement to merge some of their rail logistics operations. Subject to regulatory approval, the new company, trading as VTG Rail Logistics, will commence operations on 1 January, 2014. As per the joint statement by the companies, the customers of both companies will benefit from “new, integrated transport concepts that will be developed to operate multimodally from northern Europe to the Bosporus and from western Europe to Russia.”KUEHNE + NAGELhas been awarded a three-year contract to support the supply of spare parts and accessories to Toyota retailers and service stations across the Ukraine. Toyota Ukraine has selected a dedicated space at the Kuehne + Nagel shared warehouse facility (encompassing more than 37,000 sq m) in Chayka, near Kiev, for the storage and handling of more than 8,000 spare parts to serve the Ukrainian auto market.Kerry Logisticsannounced the acquisition of a majority stake in Braservice, a leading Brazil-based logistics and customs brokerage company, with a domestic network of seventeen offices throughout the country, including Sao Paulo, Rio de Janeiro and Brasilia. Founded in 1991, Braservice has developed into a leading provider of supply chain solutions focused on the Brazilian and Latin American markets, with a special focus on FMCG, automotive, fashion and lifestyle. The acquisition of Braservice provides Kerry Logistics with a solid base in a country with dynamic economic growth and strengthening trade ties with China and the Asian region.Kerry Logisticshas opened GODIVA’s Travel Retail Asia Packing Centre at a temperature controlled logistics facility in Hong Kong which facilitates the packing and logistics of GODIVA’s chocolates for all their travel retail customers throughout Asia Pacific.
Kale Logistics Solutions (Kale) introduced the StarBoard Partner Program to expand its reach as a leading industry focused IT solution provider to the Global Logistics & Airports segments. The program intends to provide technology partners with business opportunities in line with their strengths and aspirations and at the same time develop strongholds in the target regions for delivering quick access & service to the clients. Kale Logistics Solutions has already launched this program in Africa & Middle East region.
Kerry Logistics, has won the award for Asian 3PL of the Year for the second year in a row at the prestigious Supply Chain Asia Logistics Awards held at Singapore following a ballot of Supply Chain Asia magazine readers and a final decision by a panel of judges comprising Asia’s leading supply chain academics and leaders.
Kerry Logistics, has started construction of a new purpose-built 33,700 sq. m. automotive parts logistics facility in Kunshan for Daimler Northeast Asia Parts Trading and Services Co., Ltd. (“DPTS”), a fully-owned subsidiary of Daimler in China.Kerry Logistics, has launched a new website as part of its global re-branding campaign, which features a modern look and streamlined site navigation. The website provides potential and existing customers and partners with a better overview of Kerry Logistics global coverage and service offerings.
LOT AMS has awarded Kuehne + Nagel with the order supply chain management.In the scope of the agreement, Kuehne + Nagel will organise door-to-door logistics for all imports and exports from Europe, Asia and the Americas, which includes parts and equipment deliveries for civil aviation, AOG express shipments and special services for dangerous goods or oversized cargo.
London taxis, according to the annual global taxi survey from Hotels.com, have been voted the best taxis in the world for the sixth year in a row. London’s iconic black cabs won nearly a quarter of the vote in the survey, which also saw Berlin reclaim its position in the top five list, in fourth place with 5% and Madrid.
Manitoulin Transport has purchased the less-than-truckload division of Hi-Way 13 of Camrose, Alberta, continuing its push to expand its coverage in western Canada. Financial terms were not disclosed. As part of the transaction, Manitoulin has acquired all of the LTL division’s employees and assets.
Mercedes-Benz is slated to introduce the Metris midsize van to the U.S. market at the Work Truck Show in March. The Metris will join the manufacturer’s larger Sprinter in competing for U.S. commercial buyers in an increasingly crowded marketplace.
Malaysia’s new 200-kilometer high-speed rail line between the capital Kuala Lumpur and the city of Ipoh to the north, will feature the world’s fastest inter-city bullet trains by the end of next year, built by China’s CSR Zhuzhou Electric Locomotive. “The meter-gauge electric units will run at a set speed of around 160 km per hour,” said Zhou Qinghe, president of CSR ZELC.
Mitsui-Soko Holdings will take a controlling stake in Sony Supply Chain Solutions for about 18 billion yen ($151 million), marking the latest in a series of acquisitions by Japanese transportation and logistics companies targeting subsidiaries of struggling domestic electronics giants.
Mercedes-Benz tractor units to join the fleet of livestock feeds manufacturer Harbro are delivering a winning mix of performance, driver appeal and fuel efficiency. The three Actros 2551 BigSpace tractors are beating the company’s previous fleet average by close to a full mile per gallon, which translates to an improvement of 12 percent .They are powered by 510hp Euro 6 engines and were supplied, together with an 18 tonne Antos 1827 curtainsider, by Mercedes-Benz Commercial Vehicles Aberdeen.
Mitsubishi’s series of 3-wheel electric forklift trucks are ideal for the logistics and warehousing industry, providing clean and robust power with nearly maintenance free operation.
Mercedes-Benz is ramping up efforts to become a bigger player in the competitive North American large van market, with the announcement of a 4×4 Sprinter option for 2015 and plans to shift some production from Germany. Claus Tritt, general manager of commercial vans for Mercedes-Benz USA, said U.S. sales for the Sprinter through September were 17,725 units, up almost 19 percent from a year earlier.
MoZeus Worldwide announced an enterprise-level partnership with Toyota Motor Sales. MoZeus will manage all electronic data collection initiatives for Toyota, Lexus and Scion at consumer events, including auto shows, music, food & wine festivals and sports-sponsored properties.
Menlo Logistics announced the introduction of an updated brand, a new tagline and new website designed to present Menlo to the market as the leader in supply chain and logistics solutions built on customer innovation.
MAN SE’s truck and bus unit’s operating profit for the first half of the year rose from a year ago, though sales declined in Latin America. Higher margins in its trucks business lifted operating profit to 79 million euro (about $106 million) in the first six months of 2014, from 44 million euro ($59 million) in the prior-year period, the company said.
Maharajas Express, the world leading luxury train, announced extra royal delights for passengers while they enjoy royal train trips in India aboard this world’s most luxurious train. In accordance with representative of Indian Railway Catering and Tourism Corporation Ltd (IRCTC), the catering wing of Indian Railways running this fabulous royal train of India, the Maharajas train package is all inclusive and covers accommodation, meals, beverages, butler services, excursions, transport, services of a guide, porterage and entrance fees. Each guest will have a valet or attendant always available for any service. Further, to take the additional facilities to the next level, the world renowned spirits have been added as part of the house pours along with existing beverages.Manchesterjoined several other cities in England with EV buses as Transport for Greater Manchester (TfGM) placing orders for 13 Versa hybrid 12m-long school buses and 3 Versa 9.7m-long electric buses. The three electric buses will be the very first in Manchester and is expected to commence its operation within a few months. Electric buses, bought with the support from the Department for Transport’s Green Bus Fund, will be operating on the Metroshuttle routes linking the main rail stations, car parks, shopping areas and businesses in Manchester city center. .Mercedes-Benz UKhas announced its first intake of apprentices to the new Van Talent Development Programme. A brand new and a first of the kind in the industry, the Van Talent Development Programme was developed in-house over two years at Mercedes-Benz UK. The two-year programme expects an intake of 60 high calibre delegates in 2014. It focuses on sales and after sales skills in the van sector, and exposes trainees to all sales opportunities including new and used vans, service and parts. There are 26 modules during the two years, including formal training, feedback and coaching, and on-the-job experience, with all delegates benefiting from both a business and a field mentor to support them through the course. In addition, there is online support from Talent Live, a web-based portal for each candidate to access via an iPad that they get for the duration of the Programme that contains blogs, links to useful sites and a forum for candidates and mentors to access.Mercedes-Benz,during the first half of 2013, produced over 700,000 passenger cars thereby recording production of the highest numbers of vehicles ever before in the same period. For 2012 as a whole, Mercedes-Benz had already reached a production record of more than 1.34 million vehicles.Masternaut has announced that it would be acquiring E.Novation BTC, in response to increasing demand for its telematics solutions across the European transport and logistics market. E.Novation, a German-based data service provider, offers solutions for the archiving and analysis of vehicle data via digital tachograph, and also the monitoring of European toll charges and vehicle costs. Masternaut has signed an agreement to acquire the company subject to the fulfillment of the laid down pre-closing conditions.
Mercedes-Benz South Africa (MBSA) has been awarded the contract for the Rea Vaya 1B Bus Rapid Transit (BRT) project. The South African subsidiary bid on the contract via the Sandown Motors dealership company, in which MBSA has a majority interest. The order covers 134 Euro V-compliant Mercedes-Benz chassis that will be shipped as completely knocked down sets (CKD) from Mercedes-Benz do Brasil.Michigan Department of Transportation has recommended lifting the ban against trucking some hazardous materials across the Ambassador Bridge, the busiest crossing along the U.S.-Canada border. MDOT have invited public comments on its study, but still has a year’s worth of work to do before it makes a final decision on hazmat restrictions for the 83-year-old span, said MDOT spokesman Jeff Cranson.
Network Rail and Transport Minister Derek Mackay have announced that one of Scotland’s iconic rail routes will benefit from a £16m signalling enhancement. A contract has been awarded to Siemens to upgrade signalling on the route between Edinburgh and Fife, over the Forth Bridge.Nissan Motor’s December U.S. sales narrowly topped and Honda Motor sales fell short of expectations as the Japanese companies led off what is expected to be strong sales figures for major automakers in the U.S. market. Nissan said its U.S. sales rose 7 percent to 117,318 vehicles, and that 2014 sales of 1.39 million vehicles were a company record
National Council for Peace and Order, has approved two high- speed train projects intended to link Thailand and southern China. A 737-km route from northeastern Nong Khai province to Map Ta Phut in eastern Rayong province and a 655-km one from Chiang Khong in northern Chiang Rai province to Ban Phachi in central Ayutthaya province will be constructed.
Nissan has unveiled the new face of its taxi for London, re-designed to make it instantly recognisable as one of the capital’s iconic black cabs. Based on the company’s successful multi-purpose NV200 platform, the vehicle was first unveiled as a bold and exciting new vision for the famous London Hackney Carriage in August 2012. In response to the feedback from the London Mayor’s office, Transport for London (TfL) and other key organisations which have put their backing behind the new taxi, Nissan has redesigned the vehicle to better reflect the iconic nature of the traditional black cab. The new taxi will be launched in December 2014 with a modern, clean, 1.6-litre petrol engine equipped with an automatic gearbox.
Network Rail published its half-year results for the period 1 April to 31 October 2013, which revealed that £2.74bn was invested across Britain towards improving and building a bigger, better railway, thereby registering an increase of 33% as compared to the the same period last year and 53% higher than just four years ago. On Network Rail’s Western route, which takes in the Great Western main line from London to the west of England and branches to Oxford and Newbury, £342m was invested for the same period, equal to almost £2m a day.Nissan Motor Co Ltd.will build 1 million cars in Mexico by 2016, cementing the country’s position as the export hub for the Japanese automaker in the Americas, Chief Executive Carlos Ghosn intimated whilst he inaugurated a $2 billion plant. Most of the cars from the new plant in Aguascalientes in central Mexico will be sent by rail to destinations throughout North and South America.National Railwaysof Zamiba,Congo and Tanzania, according to an official, have signed an agreement to make it easier to transport goods such as copper by rail between the countries. According to reports, railway companies in Zambia, Africa’s top copper producer, will now pick up copper from the mines for direct transportation to the port of Dar es Salaam.
Old Dominion Freight Line announced that it plans to release its 2014 third quarter financial results before opening of trading. The company also held a conference call to discuss its financial results and outlook.
OIA Global Logistics, announced the opening of its new office in Mumbai, India. OIA Global has had Mumbai representation on behalf of its customers for years. Establishing a dedicated Mumbai office will offer those customers additional services, as well as consistency in both brand and operations.
Old Dominion Freight Line said second-quarter net income improved 27 percent to $73.8 million, or 86 cents per share, as freight volumes and rates increased.Revenue rose 19 percent to $703 million. Earnings growth reflected 15 percent more tonnage, 12 percent more shipments handled and 6.4 percent higher revenue per shipment.
Omnitracs Inc. announced that it has launched an Android application for truck drivers to complete the proof-of-delivery outside of the truck on a smart phone. The company said in a statement that The Extended Productivity Suite for Android includes signature capture, bar code scanning and document imaging features, Omnitracs. It sends the data to Omnitracs’ Mobile Computing Platform 110 and 200 devices. “As today’s truck drivers continue to perform many tasks outside of the cab, we foresee smart devices playing a complementary role alongside our ruggedized MCPs to enhance the driver experience, while ensuring optimal security for transportation organizations,” said Vikas Jain, Omnitracs’ Vice President of Product Management.
PETRONAS stands to gain immensely as a Maruti Genuine Lubricant Partner. Through this partnership, petronas will gain access to Maruti Suzuki’s entire network of sales & service, apart from supplying the product in Bazaar trade.
Pakistan Railway is now set to operate Cargo Express. The Cargo Express would operate twice a week on Tuesday and Saturday between Karachi Cantonment and Badami Bagh Station.
Platinum Equity announced that it has acquired Bridge Terminal Transport Inc. from Maersk Inc. However, the terms of the acquisition were not disclosed. According to Platinum Equity, BTT, which is based in Charlotte, N.C., is one of the largest drayage providers in the United States and operates through a network of its 28 terminals, 25 container yards and more than 1,300 owner-operators,. “We have a lot of experience owning and operating transportation and logistics businesses that provide complex supply chain solutions,” said Bryan Kelln, President of Portfolio Operations, Platinum Equity in a statement. “We understand what BTT’s customers expect and are committed to delivering the highest levels of service and dependability,” he said.Port of Felixstowehas officially opened a new rail terminal which doubles rail capacity at Britain’s biggest container port. “Rail is becoming the mode of choice for an increasing number of shipping lines, forwarders and shippers to move their goods to and from ports.” said Clemence Cheng, CEO of Hutchison Ports (UK), owner of the port of Felixstowe.
Porsche Cars North America has started work on its new 26.4-acre headquarters, located adjacent to Hartsfield-Jackson Atlanta International Airport which when finished in the second half of 2014, will be home to the majority of Porsche’s North American operations.
Qinghai-Tibet rail line with the opening of a stretch of track connecting the Tibetan cities of Lhasa and Shigatse, the line is growing closer to Mount Everest. When the new portion of the line opens later this year, passengers will be able to connect from Beijing through to the Mount Everest gateway of Shigatse with a shorter travel time and spectacular views of the surrounding mountain vistas.
Quality Carriers Inc. announced that it has expanded its operations by adding a new terminal in the Houston market, due to an expanding natural gas market. Last year, Quality added Houston-area terminals in Pasadena and LaPorte, Texas, to complement its Channelview facility, and the new one will be its fourth. Quality Carriers is a wholly owned subsidiary of Quality Distribution Inc., which is ranked No. 35 on the Transport Topics Top 100 listing of the largest U.S. and Canadian for-hire carriers.
Rhenus Group has taken over the Swiss project logistics specialists KOG Worldwide. Focus of the project are KOG Worldwide Logistics and plant transport with global presence in the US, Europe and Asia. The focus of the project logistics of the Rhenus Group will also be the construction of power plants and heavy industry. With the purchase of new KOG Worldwide Locations are in the US, Canada, Europe and Russia, and the Middle and Far East are added to the Rhenus.
Rail-borne freight handled at the Port of Antwerp has received a significant boost with the inauguration of the Liefkenshoek rail tunnel. This link will provide faster rail transport within the port and improve rail connections between the port of Antwerp and the hinterland.
Radiant Logistics a domestic and international logistics services company announced that it has acquired Don Cameron and Associates, Inc. The company paid approximately 50 percent of the expected purchase price at closing with the balance payable in subsequent periods based on the future performance of the acquired operation.
Rolls-Royce plans to cut 2,600 jobs to save money and has replaced its finance director, aiming to restore confidence following two profit warnings in eight months. The job cuts, which will mostly come in the Aerospace division and will take 18 months to complete, are designed to save around £80 million ($128 million) a year once the redundancies were completed.
Roadrunner Transportation’s is second-quarter net income increased to $14.8 million, or 38 cents per share, from $14 million, or 37 cents.Roadrunner said revenue rose 38.6 percent to $460.2 million, led by a 43.1 percent rise in truckload revenue, its largest business, to $230.8 million.
Renault had delivered four Renault Trucks Range K460 8×4 rigids, each equipped with Renault blue LED high bar spots to White Hare Aggregates Ltd, the exact mix concrete specialists. The Range Ks are mounted with Bay Lynx Newman 12 volumetric mixers with bodywork undertaken by White Hare Aggregates’ own in-house bodyshop. The Range Ks replace older vehicles of the company’s 12-strong fleet, with the Renault truck’s strength, ground clearance and design weight all being key factors in White Hare Aggregates’ vehicle selection.Rand McNallyannounced that it has reached an agreement to integrate Drivewyze Inc.’s PreClear weigh station bypass service with its onboard fleet management devices. With the PreClear subscription service, truck drivers using Rand McNally’s HD 100, TND 760 and TPC 7600 devices can receive permission to bypass a weigh station prior to reaching it, saving time and stops. The company also intimated that PreClear capabilities will be delivered through a software download for existing Rand McNally customers and will be pre-loaded on new devices.
Roadrunner Transportation Systems announced that it has acquired refrigerated truckload carrier Yes Trans Inc., based in Salisbury, Mass. According to Roadrunner, the purchase price was about $1.2 million, net of cash acquired, plus an earn-out capped at $1.1 million. Yes Trans Inc., which primarily transports meat and produce between the Northeast and the Midwest and Southeast, was able to generate about $5 million in revenue during 2012. Roadrunner expects the acquisition to be beneficial to its near-term earnings. Roadrunner would be incorporating the ‘Yes’ operations into its existing Massachusetts refrigerated location, Helden said in a statement. Roadrunner Transportation Systems is ranked No. 24 on the Transport Topics Top 100 listing of U.S. and Canadian for-hire carriers.Rocky Mountaineerhas announced the launch of its new Coastal Passage route, connecting Seattle and Vancouver, BC en route to the Canadian Rockies. The inaugural departure marked the company’s fifth rail route and the first time the internationally acclaimed rail service will depart from, and arrive into the United States.”We are excited to introduce a new rail route that will seamlessly connect two amazing countries through breathtaking landscapes rich in history and natural beauty,” said Hubert Wat, Vice President, Global Marketing of Rocky Mountaineer. “Our newest route for 2013, Coastal Passage promises to be a journey that our guests will never forget.” he added.Renault Truckshas taken advantage of the switch to the Euro 6 standard to completely renew its entire range. Displayed in Lyon on 11 June, the manufacturer revealed its new product range to an audience of 6,000 people from the motor transport industry. This renewal is considered to be the object of an investment by the Volvo Group of over €2 billion and the most stringent testing Renault Trucks has ever carried out in its entire history. The manufacturer claimed that its aim is to supply its customers with a perfect, reliable and high-performance tool which will allow them to keep their costs under control. According to the company, more than ever, Renault Trucks considers a truck to be a profit centre which should never let customers down, make its drivers proud and protect the business of operators.Realterm Everstone,a Joint Venture between Realterm Global and the Everstone Group would be launching IndoSpace Luhari, a 1.6 million square feet world class industrial and logistics park at Luhari, Gurgaon. The facility, according to reports, is being constructed at an estimated cost of USD 0.06 bn. IndoSpace also extended its association with DHL by leasing a 320,000 square feet facility at IndoSpace Luhari , and will serve as a northern distribution centre for Procter & Gamble (P&G) as it has been leased to provide 3PL services to P&G.Ruscon,one of Russia!s leading container transport operators, is taking delivery of 20 new trucks at the end of March to service its contract with Hyundai Motors. The trucks, designed to withstand the sometimes challenging road and weather conditions in Russia, will be dedicated to delivering containers full of CKD parts to the Hyundai Motors factory in St Petersburg.
Sixt Rent A Car App has been included in the MasterCard ‘Mobile Top App Index’ and was rated first in the car rentals area. The credit card company uses its index to identify the best smartphone applications for mobile purchases in 36 European countries. These it judges by criteria such as functionality, design, payment methods, technology and ease of operation.
Shinkansen bullet train service linking Tokyo with the ancient city of Kanazawa was launched in Japan. Operating at speeds of to 260 kilometres (160 miles) per hour, it cuts travel time to Kanazawa, famed for its huge castle and traditional food and crafts, in the central region facing the Sea of Japan (East Sea), by more than an hour to just two hours and 28 minutes.
Siemens Logistics and Airport Solutions has acquired AXIT, the software specialist for cloud-based IT platforms for logistics process management. This acquisition opens up new spectives for both companies for cross-industry growth in the logistics software business. The transaction is subject to approval by the German Federal Cartel Office and is expected to be completed by April.
SCI Logistics announced further expansion of its coast-to-coast network with the opening of a new specialized transportation centre in Halifax, Nova Scotia, the third to open in the past 12 months alone.
Surface Transportation Board said it would consider whether an interim requirement for railroads to file detailed weekly service performance reports in the wake of ongoing freight delays should be made permanent. The agency announced its intent to begin a formal rulemaking process to study the effectiveness of the interim rail service reports, which were prompted by widespread shipper complaints.
South West Rail Link will open to customers this year – one year ahead of schedule. The NSW Liberals & Nationals came to government promising to build the South West Rail Link and after more than three years of major construction and months of testing, the Premier said train services will start operating for customers soon.
Sqills has been selected by Iarnród Éireann, Irish Rail, against stiff international competition, to replace their entire national reservation, pricing, ticketing and distribution system. Sqills is a member of the winning team led by Cubic Transportation Systems.
South West Trains selected as the most reliable trains in the country according to the Golden Spanner Awards, organised by the industry magazine, Modern Railways and highlight the most reliable fleets in the country.
Sqills, a Dutch provider of sales and distribution software for the rail and bus industry, has been selected by Iarnród Éireann, Irish Rail, against stiff international competition, to replace their entire national reservation, pricing, ticketing and distribution system. Sqills is a member of the winning team led by Cubic Transportation Systems.
Siemens has been contracted to design, supply, install and commission an integrated parcel sorting system for the Singapore Post’s (SingPost) new Regional eCommerce Logistics Hub. The contract includes 15 years of spare parts supply and maintenance services. The sorting system is planned to be completed in summer 2016.
SEKO Logistics has acquired an equity stake in UK ecommerce agency, Metakinetic, to capitalise on the growing number of online retail sales. Metakinetic will operate in tandem with another SEKO-owned company, Red Hot Penny, which specialises in end-to-end services for online retailers.
Saia reported second-quarter income increased slightly from a year ago, but operating income declined.Net income increased to $13.57 million, or 55 cents per share, from $13.5 million, or 56 cents, a year earlier.Revenue jumped 12.9 percent to $330 million, the largest increase in seven years, as LTL shipments rose 5.5 percent and tonnage gained 6.9 percent.
Society of Motor Manufacturers and Traders released a new report indicating that the emissions from light commercial vehicles fell by 1.2 peercent in 2013 to an average of 186.1g/km of CO2, According to the report, vans under two tonnes have already met the 2020 target to reduce average CO2 of 147g/km, while new vehicle arrivals in 2014 are expected to bring down typical levels even further. The Ford Transit Connect and Transit Courier, for instance, will help to pull down CO2 emissions in LCVs which are also subject to a 175g/km target between 2014 and 2017. According to the Society, a shift in use in the van segment, particularly to higher-payload vehicles, has constrained the overall rate of progress. The report concluded with an observation that “Improvements in vehicle efficiency have helped ensure emissions have not risen as steeply as van use,”
Schenker Italiana S.p.A., a leading international provider of integrated transport and logistics services, has been awarded the Request for Proposal for the development and management of innovative solutions for the complex supply chain of the Universal Exposition that is scheduled to take place in Milan from 1st May to 31st October 2015. The partnership includes two main areas of activities, one as Official Logistics Provider as the last mile logistics and value added services and the second as Recommended Logistics Provider for integrated transports as the national and international forwarding and customs operations services. DB Schenker Logistics, with its global network of 2,000 offices around the world, a rich portfolio of services and solutions, in addition to a dedicated team of specialists in events, is gearing up for the logistics support Expo 2015.
Seattle’s Highway 99 Tunnel, upon its completion, would levy $3.13 from large trucks using the tunnel during peak hours. The proposal for implementation of the levy has been recommended by a joint city-state committee. The toll rate during off-peak times would be $2.50 for heavy trucks as recommended by the Advisory Committee for Tolling and Traffic Management. Medium-duty trucks would be charged 1.5 times the car rate, amounting to $1.50 off-peak and $1.88 during peak hours.The rates are designed to keep the tunnel at 80% capacity during peak times. The tunnel is scheduled to open in 2015 and would replace the Alaskan Way Viaduct, which was damaged in a 2001 earthquake and demolished in 2011.
St. George Moving & Storage (Edmonton) Ltd. announced a new partnership with SCI Logistics, the largest Canadian-owned third party logistics provider, to serve commercial accounts in the Edmonton and Northern Alberta regions. SCI Logistics will operate as an agent for Williams Moving & Storage while Williams will continue to manage the client relationships directly. As a result of this new collaboration, SCI will assume the assets of St. George Moving & Storage and move the operations to a new 23,000 sq. ft facility located on the South East side of Edmonton.
Schenker India Pvt. Ltd, has won the prestigious “Best Freight Forwarder of the Year – 2013” award. The award was conferred at the ‘7th Express Logistics and Supply Chain Conclave’ held on September at India. This is the third consecutive win for the leading logistic provider. The award was conferred by Kamikaze B2B media, one of the largest information companies in field of transport and logistics industry in India.Schenker Schweiz AGis building its new logistics hub, which will include office buildings, on a 38,500 square meter property in Pfungen, Canton Zurich. Nearly 11,600 square meter of building space will house cutting-edge infrastructure for storage, production supply, and other sophisticated value-added services for logistics.SolarEdge, one of the leading providers of solar power optimization solutions for residential, commercial and large-scale photovoltaic system installations, has nominated DB Schenker Logistics in the Netherlands to be their Logistics Service Provider (LSP) in Europe. DB Schenker has implemented and is now running a dedicated logistics solution for SolarEdge including the operation of a European Distribution Center in Beringe, The Netherlands as well as the distribution of products to SolarEdge retailers and installers throughout Europe, leveraging DB Schenker’s land transportation network.South Western Railway (SWR), part of the Indian Railways, has managed to check the downward trend in freight earnings, despite restrictions on mining and the ban on iron ore mining in Karnataka by catering to the other sectors and ferrying alternate traffic.
Sri Lankan government’s recent decision to impose fresh import duty on automobiles exported from India is expected to hit the country’s vehicle exports to the island nation. Sri Lanka had raised the import duty on two-wheelers and small passenger cars in April and has now increased the import duty on commercial and utility vehicles by over 100 per cent. It is learnt that the Union government would be urging its Sri Lankan counterpart to reduce the duty as it is an important market for Indian automobiles. “Sri Lanka is a very important market as far as cars and commercial vehicles are concerned. Obviously, we are concerned about it. We believe a very substantial rise in import tariff is going to adversely affect our car exports to Sri Lanka,” said Rajeev Kher, Additional Secretary in the Commerce Ministry of India.
SKF has entered into a contract with Audi for the delivery of SKF components for use on a range of vehicle models. The contracts, estimated at nearly SEK 1 billion, include the delivery of four different versions of wheel bearing units for the wheel-ends and a range of bearings for the new double clutch transmission.
sinergy Cargo, the Italian member of the FPS network of independent forwarders and consolidators, has opened a multi-modal container- and bulk cargo handling and storage centre, at Arquata Scrivia, 40km from Genoa Port.
Toyota Kirloskar Motor introduced new commuter vehicle – The Hiace, at the 4th Bus and Special Vehicle Show. First displayed at the 12th Auto Expo last year, the Toyota Hiace, acclaimed as a globally essential vehicle that is appreciated for its impeccable reliability, refined space and durability.
Total Quality Logistics started new sales office in Portland with seven founding members and anticipates adding another 50-75 sales representatives in the next three years. Portland’s economic success is closely linked to our active engagement with international markets and global trade.
Thailand and China agreed to build 867 km (542 miles) of dual track railways in the Southeast Asian nation, in cooperation seen as consolidating China’s influence in the region. A memorandum of understanding (MoU) was signed on the sidelines of a two-day regional summit that began in Bangkok.
Transplace said it has acquired Logistics Management Solutions, a non-asset-based logistics firm in St. Louis, with strong ties to the chemical and industrial manufacturing industry sectors. Terms were not disclosed. Transplace, based in Dallas, is owned by the investment firm Greenbriar Equity Group and generates annual gross revenue of $1.4 billion.
Truck Fleet Management has been sold to Bobit Business Media. The announcement was made by TTPG parent American Trucking Associations. The federation did not disclose terms of the sale.
Toyota Camry, which is selling at an average of 15 percent off MSRP, tops list of best savings on new vehicles, according to TrueCar, the negotiation-free car buying and selling platform.
Transport Canada said it has sold three ports in Newfoundland to local business groups. Transport Canada sold the ports of Long Pond, Botwood and Main Brook and said it will invest C$22 million for the continued operation and maintenance of the ports infrastructure.
TomTom India announced the launch of its High Speed Multi-Charger, the charging solution that can charge up to three devices in the car at once and up to four times faster than other chargers. The High Speed Multi-Charger features TomTom’s award-winning design. Sleek and small, this is one neat in-car, in-truck, or even in-caravan charger. The device ensures that all devices will receive full-power charging simultaneously. The High Speed Multi-Charger, whose two dedicated USB ports are designed to provide full power at all times. The charger is designed with a 1.2 amp USB charging port for mobile phones or MP3 players, in addition to a 2.1 amp port to speed-charge high power USB devices such as an iPad or iPhone. Without impacting the other port’s charging capability, the device charges up to four times. Further, the device also has a dedicated port for powering 12V in-car devices like DVD players.The British International Freight Association (BIFA)have been receiving a considerable amount of enquiries about the charge, which will be levied on all lorries weighing 12 tonnes or more to use the UK road network with effect from April 1, 2014. The levy is being introduced by the new HGV Road User Levy Act 2013 and from April 1, 2014, UK registered vehicles will pay the levy alongside their vehicle excise duty (VED). Vehicles registered outside UK will need to pay the levy before entering the UK and using the road network.
The American Trucking Associations’ advanced seasonally adjusted ‘For-Hire Truck Tonnage Index’ has been reportedly decreased by 4.3 percent in January 2014, after edging 0.8% lower in December 20`3. In January, the index equaled 124.4 as against 130.0 in December 2013. The all-time high of 131.0 was recorded in November 2013 (131.0). Compared with January 2013, the SA index recorded an increase of 1.2%. The not seasonally adjusted index, which represents the change in tonnage actually hauled by the fleets before any seasonal adjustment, equaled 122.3 in January, which was 0.3% below the previous month’s record of 122.7.
Triton Overseas Transport, a global non-vessel operating common carrier (NVOCC) and international freight service provider, announced the launch of a less-than-container-load (LCL) export service from Houston to destinations throughout Central America and the north coast of South America. The newly launched service is expected to enhance the Triton’s sailings to the growing trade regions and provide reliable, fast transportation at competitive rates to its international customer base.
Trinidad and Tobago has become UNWTO’s 156th Member State as the country rejoins the Organization after 35 years. The announcement was made by the Secretary General, Taleb Rifai, at the opening of the 55th Meeting of the UNWTO Commission for the Americas in San Jose, Costa Rica. Trinidad and Tobago is an important tourism player in the Caribbean, a region where tourism is set to continue expanding. According to UNWTO’s long-term forecast, Tourism Towards 2030, by the year 2030 international tourist arrivals to the Caribbean will reach 30 million, up from 21 million in 2012.Thailand’sinternational tourist arrivals posted a growth of 19.04% during January to April this year, according to Ministry of Tourism and Sports’ data. According to the data, the ministry’s research registered 8,841,730 trips to the country during the first 4 months, up from 7,427,772 visits during the same period last year. In April alone, there were 2,013,012 trips, up 19.38% compared to 1,686,268 visits during the same month in 2012. The Songkran Festival in mid-April was identified as the key driver that drew tourists in a month when temperatures soar to almost unbearable levels in the Thai capital. China delivered a substantial growth of 91.05%, supplying 410,173 visits from 214,689. Considering markets by regions, East Asia, Europe, and the Americas reported gains.The American Trucking Associationspraised the National Transportation Safety Board’s recommendations to reduce impaired driving on the nation’s highways. NTSB’s recommendations come a day after ATA President and CEO Bill Graves wrote to Transportation Secretary Ray LaHood again urging him to move forward on a process to allow motor carriers to collect hair samples for DOT-required drug testing in lieu of the currently mandated urine testing process.Tibet Southwesthas posted a record high 18.8 per cent a year-on-year increase in road construction investment to CNY10.1 billion (US$1.61 billion) in 2012. According to an official at the regional Transport Department, Tibet upgraded and built 25 major highways in 2012 including the national highway route 219 and route 108. The Tibet rural road investment increased 61 per cent to CNY4.92 billion in 2012 linking 411 villages and 387 temples by road.
Thailand’s rail systems will undergo a major reconstruction scheme that would include the use of China-made high-speed trains to service the increasing volume of cargoes and passengers throughout the country. According to Chula Sukmanop, Director of the Thai Transport Ministry’s Transport and Traffic Policy & Planning Office, the government headed by Prime Minister Yingluck Shinawatra is committed to launching major reconstruction projects for the country’s rail systems slated to commence later this year up to the year 2020.The US Senateis proposing setting up a $5 billion fund dedicated to transport infrastructure, covering the period 2014-2015. A bill to create the finance facility, under the American Infrastructure Investment Fund (AIIF) Act of 2013, was presented to the Senate recently.
Transportgruppen, the central organisation that represents 11,000 transport firms in Sweden conducted a new industry Transport Indicator (TI) survey whch reveals that one in every five companies plans to implement a cost reduction programme and lay-off personnel in 2013. The principal contributing factors driving planned company restructuring initiatives include a weakening domestic economy, continuing uncertainty over sovereign debt, poor growth prospects in the Eurozone countries and fewer exports due to falling demand for Swedish goods against a backdrop of a strengthening krona.
U.S. rail intermodal traffic rose for the first time, rising four per cent, the association of American Railroads reported.
U.S. Department of Transportation Secretary Anthony Foxx announced the year 2014, airlines reported the lowest number of tarmac delays longer than three hours on record. According to the U.S. Department of Transportation’s Air Travel Consumer Report, in 2014 there were 30 domestic flights with tarmac delays longer than three hours and nine international flights with tarmac delays longer than four hours at U.S. airports.
US Department of Transportation’s freight transportation services index rose to an all-time high for the second consecutive month in November. The freight TSI increased 3.5 percent to 123.2 from the same time last year, DOT’s Bureau of Transportation Statistics said in its monthly report.
U.S.-NAFTA freight totaled $108.2 billion in October 2014 as three transportation modes – air, rail, and trucks – carried more U.S.-NAFTA freight than in October 2013, according to the TransBorder Freight Data released by the U.S. Department of Transportation’s Bureau of Transportation Statistics.
UTi Worldwide has reported weaker-than-expected third-quarter results including a $34 million net loss, although it insisted that the company’s turnaround was on track to achieve an adjusted EBITDA target of $190-210 million for its 2015-2016 fiscal year. On a constant-currency basis, revenues decreased 4.3 percent and net revenues increased 0.1 percent versus the comparable prior-year period.
U.S. Environmental Protection Agency has revised estimates for two 2013/2014 Mercedes C300 4-matic vehicles, the FFV and PZEV, to ensure consumers are given accurate fuel economy values. During EPA fuel economy audit testing, the Mercedes C300 4-matic was found to have values that differed from those submitted to EPA at the time of certification.
U.S. Federal Railroad Administration issued a proposed rule to prevent the unintended movement of freight trains, one of several measures taken in the past year to improve safety for the movement of crude oil after a series of accidents.
UTi Worldwide reported its 2Q fiscal loss increased to $16.9 million, or 19 cents per share, from $4.4 million, or 4 cents per share, the prior year.The forwarding and contract logistics company’s revenue fell 3.4 percent to $1.09 billion for its fiscal quarter.
U-Freight Group has welcomed Taiwan’s decision to allow the country’s freight forwarders to operate multi-destination export consolidations, which will permit them to carry out the consolidation and transshipment and re-export of cargoes to multiple countries overseas.
UPS announced a $17.5 million expansion of its delivery center in Menifee, Calif to handle increased shipping volume from customers throughout the region. In addition to expedited package processing capability supported by advanced technology and conveyor systems, the facility will have expanded vehicle parking and an enlarged UPS Customer Center.
U.S. rail intermodal traffic increased 3.3 percent the Association of American Railroads reported.Railroads moved 264,809 intermodal trailers and containers.USA Truck reported its first quarter of positive income in three years on improved revenue, especially in its logistics business.Net income increased to $700,000, or 7 cents per share, from a loss of $1.4 million, or 14 cents, a year ago.
Universal Truckload Services Inc. announced that it expects its first-quarter earnings to be in the range of 23 to 27 cents per share, down from 38 cents a share as compared to the same quarter during last year. The asset-light truckload carrier and logistics provider also intimated that it expects total revenue for the quarter to be within $273 million and $282 million as compared with $248.1 million a year earlier. The company also intimated that its outlook reflects “weather-related operating challenges and changes in certain value-added services operations.” It also includes the financial performance of Westport Axle Corp., a provider of assembly, machining and logistics services that UTSI acquired in December.
U.S. Environmental Protection Agency, according to the announcement made by President Barrack Obama, will tighten fuel efficiency standards for medium- and heavy-duty trucks as part of an effort to address greenhouse gas pollution administratively rather than waiting on Congress. Speaking on the issue, Obama said that more aggressive fuel standards, which he expects to be in place for 2018 models, would both cut carbon emissions and reduce the nation’s reliance on foreign oil. The EPA and the U.S. Department of Transportation are to unveil a draft next year in this connection.
Union Pacific Railroad had initiated a new intermodal service between Laredo in Texas, and Memphis in Tennessee, supporting growing transportation needs for the automotive manufacturing and intermodal marketplaces. This industry-leading, third-morning service would connect businesses in the southeastern United States and Mexico, via safe, cost-effective and environmentally friendly rail transportation. As the automotive industry continues to rebound and shift production to North America, manufacturers are on the lookout for vehicle production and auto parts distribution facilities near where they are most likely to be consumed or purchased.
UK Government has promised an end to short-term thinking on investment in UK roads and announced that a package of reforms represent the biggest ever upgrade of the existing road network. Patrick McLoughlin , Transport Secretary , whilst announcing the plans, said £28 billion in funding for building, maintenance and repair would be supported by the legislation so that it could not be undone by future governments. He also intimated that the Highways Agency would also be transformed into a publically-owned body with six-year funding cycles so a more integrated and structured approach could be adopted.UKhas launched a new not-for-profit scheme called Driver First Assist with a view to train professional drivers in basic first aid techniques and how to manage the scene of an accident before the emergency services arrive. The scheme is expected to help to save nearly half of all road accident fatalities and save the economy £1.5 billion a year. With the introduction of the scheme, the percentage of road traffic accident deaths occurring before the emergency services arrive is expected to reduce the number of yearly fatalities.
US Bus Industry has been helped to grow over 7% year over year in 2011 and 2012 through the introduction of low cost carries, the decrease in driving, and the increased hassle of flying. The past few years have seen tremendous growth in the intercity bus industry. The introduction of curbside operators such as Megabus and Boltbus, as well as new wifi equipped buses operated by larger and more established lines like Greyhound and Coach, have rejuvenated the industry.
U.S. Transportation Secretary Ray LaHood announced a combined $1.5 million for three demonstration projects at Los Angeles Harbor, Calif, Puget Sound, Wash, and Perryville, Mo, to reduce harmful marine emissions by repowering ship engines to use alternative fuels and technologies. The funding is the first-ever awarded by the Maritime Administration (MARAD) for competitive selection of environmental innovation projects.
VTG Aktienge sells chaft has built upon the growth it experienced in 2014 and has, again, increased revenue and results. The unaudited figures released confirm turnover growth of 4.4 per cent (EUR 818.3 million). Operating profit (EBITDA) rose by a total of four per cent, to EUR 191.0 million.
Volvo Trucks has unveiled an FH and FH16 sleeper cab with an extra-low roof, designed for use where height is restricted, such as mining operations. Both models come with the same drivetrain and spec as other cab versions, but with an entirely flat roof that has been lowered by 190mm. With a potential height of 3.2m, this version fits conveniently within the regular 3.4m height limit of mine tunnels.
Volvo Trucks has developed technology to enable trucks to do a 360 degree scan of everything that happens around it to protect cyclists and pedestrians, the OEM said. The technology gives a driver suggestions how to avoid incidents, similar to how the human mind can interpret the surrounding environment, the company said.
VRL Logistics has been recognized as the best in class for AC Bus journeys in India winning the HolidayIQ.com India says Yes Award 2014 based on feedback from over 1 million Indian travellers.Volvo Trucks said it has improved fuel efficiency in the model year 2016 VN series highway tractor using several aerodynamic and powertrain enhancements.Improvements to the bumper, chassis and roof of the new model reduce air turbulence around the exterior and improve airflow under the truck, around the tires and trailer gap, resulting in 3.5 percent improved fuel efficiency.
Volvo’s second-quarter operating profit rose, aided by a company program designed to lower operating costs.Earnings before interest and taxes rose 9.2 percent to $521 million, Gothenburg, Sweden-based Volvo reported.Second-quarter truck orders dropped 6 percent to 52,974 vehicles as deliveries rose 2.4 percent to 53,223.
Volvo Group has announced that its truck deliveries in North America, led by the Volvo brand, rose by 113 percent in January over a year earlier. According to the company, the Volvo brand’s deliveries increased by 209 percent to 2,433 vehicles during the period. The change was largely due to two “down-weeks” in January 2013, resulting in only 788 deliveries. Globally, Volvo’s deliveries grew 26 percent as compared to the last year to 13,612 units. The increase was led by heavy-duty trucks, which registered a 35 percent gain, while light- and medium-duty trucks deliveries decreased.
VIA Rail has won, for the seventh year in a row, the Baxter Travel Media’s “Agents’ Choice Award (ACA)”. The prize, presented by Baxter Travel Media, is awarded yearly to the best passenger train service world-wide, as voted by Canadian travel agents. This marks the Corporation’s twelfth ‘ACA’ in thirteen years.
Volvo Buses in India called for entries for the third edition of the “Volvo Sustainable Mobility Awards 2013”. Instituted in 2011, these awards are instituted to reward progressive and practical action in the area of promoting sustainable solutions in urban mobility. More information about the contest, could be obtained from the Volvo’s website. The Volvo Sustainable Mobility Award caries prize money of USD 0.014 mn and USD 0.6 mn for the runner up. Registrations for the award have started and the deadline for this is August 2013.Volvo Truckswill collaborate with Royal Dutch Shell to use liquefied natural gas (LNG) as a transport fuel focused on North America and Europe, the two companies said. The loose agreement aimed at powering more of Volvo ‘s heavy-duty commercial trucks with LNG comes as production of natural gas hits record highs in the United States, prompting a string of deals between engine makers and fuel providers. Natural gas offers savings at the pump versus diesel and gasoline in the United States where new technologies have unlocked vast reserves of gas in shale rock formations. Proponents of natural gas in transport say the low cost of the fuel more than makes up for the greater expense of an LNG-powered truck. “Customer interest in natural gas as a heavy-duty truck fuel will only continue to grow,” said Göran Nyberg, President of Volvo Trucks North American Sales & Marketing.VIA RailCanada has partnered with CBC/Radio-Canada, the National Film Board of Canada (NFB) and The Historica-Dominion Institute to announce the On-board Entertainment initiative, an interactive digital platform providing passengers on VIA Rail trains free access to Canadian programming. Starting in Spring 2013, the new interactive digital platform will provide passengers on VIA Rail trains within the Québec City – Windsor corridor free access to Canadian programming, including CBC/Radio-Canada TV shows programs, documentaries and animation from the NFB, and “Heritage Minutes” vignettes and Memory Project veteran interviews produced by The Historica-Dominion Institute.Volvo ABannounced that its North American truck deliveries fell by 46% in February as compared to the same period during the previous year. Deliveries of its Volvo and Mack brands in North America fell to 2,462 trucks as compared to the 4,604 deliveries recorded during the previous year. Volvo-brand truck North American deliveries saw a decline of 40% to 1426 units, while Mack’s fell by 54% to 1,036. A small number of the company’s Renault and UD Trucks brands make up the remainder of the North American tally.
Worldwide Rail Journeys has chartered, the epitome of luxury trains, The Royal Rajasthan on Wheels scheduled for 15th March 2015 for the journey across the princely landscape of the land of Maharajas.
Wallenborn has joined forces with VIP Truck, a major provider of air-cargo road feeder services in Germany. The new company VIP Wallenborn offers the most complete network of distribution services for airlines and forwarders in Germany including scheduled connections between fifteen German airports, scheduled international trucking services from FRA and MUC and export/import handling at all German airports.
Wallenborn Transport, Luxembourg based overland transport company, announced a major expansion in Belgium, the Netherlands and the U.K. with opening of new offices in Amsterdam and London, employment of additional staff and deployment of more capacity.
XPO Logistics narrowed its loss on an adjusted basis of $7.3 million, or 13 cents, compared with $10.9 million in the year-earlier period as revenue growth continued and margins improved. The Greenwich, Connecticut-based company’s revenue more than tripled to $662.5 million, reflecting a combination of acquisitions and 48 percent growth at its existing businesses.
XPO Logistics reported a fourth-quarter loss of $10.6 million, or 37 cents per share as compared with a loss of $9.3 million, or 57 cents per share, a year ago. Revenue increased about 137% to $257.2 million. The logistics company reported a full-year net loss of $48.5 million, as against a net loss of $20.3 million which it suffered in 2012. Revenue increased almost 152% to $702.3 million. In January, the company announced it agreed to purchase Pacer International Inc., for $335 million, or $9 per share.
XPO Logistics Inc. announced that it will acquire intermodal freight carrier Pacer International Inc. in a transaction valued at $335 million. According to a joint statement issued by the companies, the purchase is expected to double XPOs anticipated annual revenue to $2 billion. The deal is subject to regulatory clearance and approval by Pacer’s shareholders. The companies expect the transaction to close in the second quarter of this year.
XPO Logistics intimated that it has completed its previously announced acquisition of supply chain services company 3PD Inc. for about $365 million. The company said it financed the acquisition and related fees and expenses with the net proceeds of its recent $220.5 million public offering of common stock.
Yusen Logisticshas established a dedicated project cargo team in Brazil. The team, based in Sao Paulo, will support the company’s overall project network and develop its services for this vital business segment in Brazil. As an emerging economy and manufacturing base, Brazil is experiencing solid economic growth driven by strong demand for commodities. With its rich natural resources and booming automotive, industrial and energy industries, Brazil has become a key player in the global cargo market.
Overseas Courier Service, and Kerry Logistics of Hong Kong have been given permission to operate in mainland China as the express delivery market expands due to more people shopping online. Some of the courier services in China can deliver packages for hundreds of miles the same day for as low as 2 Yuan or 32 cents in U.S. currency.