Latest News


  • 01 Feb 2007

    DHL bags Saudi Aramco’s contract

    DHL Supply Chain, the logisticsspecialist at Deutsche Post World Net,has concluded a 10-year multi-milliondollarcontract with the world’s numberone crude oil producer, Saudi Aramco.DHL has been contracted to developthe oil giant’s national logistics infrastructure.This includes the provision,management and operation of...... Read More
  • 01 Feb 2007

    IJS Global enters UK logistics market

    IJS Global Inc., the fast-growingmulti-modal freight forwarder, customsbroker and non-vessel operating commoncarrier, has entered the importantUK freight & logistics market byacquiring majority ownership in London-headquartered Lupprians CargoExpress Limited, one of the country’sleading freight forwarding and logisticscompanies. Terms of the...... Read More
  • 01 Feb 2007

    Schenker-Seino, BAX Global merge in Japan

    Schenker-Seino Co. and BAX GlobalJapan K.K. said they have completedthe merger between the two organisations.The combined company operatesunder the name Schenker-Seino Co.,Ltd, which will have about 460 employeesat 23 locations throughout Japan. Both companies have been active inthe Japanese...... Read More
  • 01 Feb 2007

    EGL’s CEO bids to acquire the company

    EGL’s largest shareholder, the company’sfounder and chief executiveofficer James Crane, along with privateequity company, General Atlantic, havesubmitted a proposal to acquire all ofthe outstanding equity interests of EGLfor $36 per share in cash. Crane is Houston-based EGL’sbiggest shareholder, with...... Read More
  • 01 Feb 2007

    DFW’s focus on Asia is paying off

    With seven Asian airlines currently running 39 flights a week to and from Dallas/Fort Worth International Airport, plus increased interest from carriers in using DFW as a transfer hub for cargo between Latin America and Asia, DFW has become...... Read More
  • 01 Feb 2007

    Asia to retain air cargo lead

    Air cargo markets in Asia* will continueto lead global industry growthto 2025, says Boeing cargo marketregional director Tom Hoang. The USmanufacturer predicts that Chinesedomestic and intra-Asian markets willexpand annually at 10.8 percent and8.6 percent, respectively, comparedwith an expected 6.1...... Read More
  • 01 Feb 2007

    SPI strengthens customs competency

    Swiss Post International (SPI) saidit has acquired FM Verzollungs AGin Basel. The customs agency alreadyworks for Swiss Post GLS – a Swiss Postcompany – and handles import andexport customs clearance on its behalf.The acquisition will strengthen SPI’sposition as a...... Read More
  • 01 Feb 2007

    DP division to save 400-500m euros

    Deutsche Post AG’s new service divisionwill bring about savings of around100 million euros this year and 400-500million euros per year by 2009, managementboard member Frank Appel toldFrankfurter Allgemeine Zeitung. ‘By 2009this division will cut the company’s costsby 400-500 million...... Read More
  • 01 Feb 2007

    USPS gets Lockheed Martin system

    Lockheed Martin has completedthe deployment of 74 AutomatedPackage Processing Systems (APPS) tothe U.S. Postal Service (USPS) undera more than US$300 million contractawarded in 2002. APPS provides thePostal Service with a fully integrated,end-to-end system capable of automaticallysorting high volumes of...... Read More
  • 01 Feb 2007

    France’s La Poste reports profit for 2006

    French national postal operator LaPoste said it will record a 700 millioneuros net profit in 2006, up by about25 percent on the figure of 557 millioneuros for 2005. La Poste noted that its balancesheet would be hit by an...... Read More