Hamburg Süd and OOCL each order 6 new containerships

Hamburg Süd has ordered six 9,600 TEU vessels from Hyundai Heavy Industries, with an option for another four; OOCL has signed a contract with Samsung Heavy Industries for six 13,000 TEU vessels.   Hyundai Heavy Industries (HHI) has been awarded a KRW 800 billion deal to build six 9,600 TEU containerships for Hamburg Süd. The…

Gebrüder Weiss constructs new terminal in Prague in 2011

Persistent growth and continuous expansion of the GW-network in Central and Eastern Europe    The Gebrüder Weiss group, with headquarters in Lauterach (Vorarlberg, Austria), was able to increase its net sales from the previous figure of EUR 830 million to around EUR 978 million. CEO Wolfgang Niessner sees the general economic recovery following the crisis, and…

Anhaltendes Wachstum bei Gebrüder Weiss

Dank positiver Marktentwicklung konnte Gebrüder Weiss seinen Nettoumsatz von zuletzt 830 Millionen Euro deutlich auf rund EUR 978 Millionen steigern. Mit einer stabilen Eigenkapitalquote von über 55 Prozent setzt Gebrüder Weiss seine Strategie der nachhaltigen Entwicklung fort.  "Die gesamtwirtschaftliche Erholung nach der Krise hat die erfreuliche Entwicklung zweifellos begünstigt. Ab März 2010 hat die Auftragslage…

Anhaltendes Wachstum bei Gebrüder Weiss

Der Transport- und Logistikkonzern schließt das Geschäftsjahr 2010 mit einem vorläufigen Umsatzplus von 17,8 Prozent gegenüber dem Vorjahr ab. Dank positiver Marktentwicklung konnte Gebrüder Weiss seinen Nettoumsatz von zuletzt EUR 830 Mio. deutlich auf rund EUR 978 Mio. steigern. Mit einer stabilen Eigenkapitalquote von über 55 Prozent setzt Gebrüder Weiss seine Strategie der nachhaltigen Entwicklung…

AMB Property Corporation® Provides an Update on Its Japan Platform

AMB Property Corporation® (NYSE: AMB), a leading owner, operator and developer of global industrial real estate, today provided an update on its platform in Japan. The company confirms that all AMB employees and customers are safe and uninjured. AMB plans to reopen its Tokyo office on Tuesday, March 22, which had been closed due to…

India’s booming infrastructure sector offers opportunities for UK firms

As India plans to spend US$1 trillion on infrastructure development over the next five years, the UK’s Minister for Trade & Investment Lord Green was in Delhi last week, with a UK rail mission, helping British companies to seek out new business opportunities.   India’s busiest railway stations already handle more passengers than the combined…

Kühne + Nagel erwirbt RH Freight

Kuehne + Nagel hat den Erwerb der Anteile der britischen Rennies Investment Limited (RH Freight) angekündigt. Die Übernahme des Landverkehrsunternehmens erfolgt im Rahmen der Wachstumsstrategie und der Zielsetzung von Kühne + Nagel, sein europäisches Landverkehrsnetz umfassend auszubauen.  RH Freight, mit Hauptsitz in Nottingham, wurde vor 40 Jahren gegründet und ist Marktführer im Stückgutverkehr zwischen Europa und…

Lufthansa Systems behauptet sich in schwierigem Umfeld

Lufthansa Systems hat im Jahr 2010 trotz eines schwierigen wirtschaftlichen Umfelds und erheblicher Einmalkosten ein positives operatives Ergebnis erzielt. Der Umsatz lag mit 595 Mio. Euro um 1,7 Prozent unter dem des Vorjahres. Davon wurden 232 Mio. Euro (-4,9 Prozent) mit Kunden außerhalb des Lufthansa Konzerns erwirtschaftet. Der leichte Anstieg des Umsatzes mit Konzerngesellschaften auf…

Lufthansa invests in freighter fleet

Lufthansa has confirmed orders for five Boeing 777 freighters for its Logistics business segment.   The orders are in line with Lufthansa’s ongoing fleet modernisation and expansion policy. The investment in the new aircraft strengthens the airline’s competitiveness, enabling greater fuel efficiency and helping to reduce operating costs as well as noise levels and emissions….

AMB Property launches US$1.1bn JV in China

AMB Property Corp has formed AMB China Logistics Venture I in order to develop, acquire, own, operate and dispose of logistics properties in key markets in China.   AMB’s partner in the venture is HIP China Logistics Investments Ltd. The joint venture’s overall equity commitment is US$588 million, US$88 million of which will be contributed…

Toll Global Forwarding targets growth in airfreight sector

With IATA forecasting strong growth in the Asian airfreight sector for the next three years, Toll Global Forwarding has been investing in building its regional and global air freight services and network.   Toll Global Forwarding, part of Toll Group, is targeting significant growth in the global airfreight sector in 2011, following investment in strategic…

ICTSI wins Rijeka port concession

International Container Terminal Services Inc (ICTSI) has been awarded a thirty-year contract for the management, operations and development of a container terminal in the Croatian Port of Rijeka.   ICTSI and Croatia-based Luka Rijeka signed a thirty-year strategic partnership for the management of the Adriatic Gate Container Terminal (AGCT), a unit of LR and the…

AMB and Allianz Real Estate form €470m JV

AMB Property Corp and Allianz Real Estate have formed a Luxembourg-based joint venture with the aim of acquiring, owning and operating logistics real estate tied to global trade and located in major seaport, airport and distribution markets in the Eurozone.   Allianz Real Estate’s initial equity commitment will be approximately €400 million and the joint…

News from GEFCO

GEFCO Slovakia opens a new platform in Kechnec; GEFCO Turkey strengthens its national logistics network; GEFCO Baltic continues to expand.   GEFCO Slovakia has opened a new 5,800 m2 platform in eastern Slovakia within the Kechnec industrial site. Its location in between Central and Eastern Europe is set to become a key strategic international transport…

Kuehne + Nagel provides co-packing services for Unilever in Romania

Unilever Supply Chain Company AG (USCC), the European supply chain organisation of consumer goods major Unilever, has expanded its cooperation with Kuehne + Nagel in Romania and assigned its co-packing activities to the logistics provider. Since 2010, Kuehne + Nagel has been managing warehousing operations for Unilever’s home and personal care (HPC) product range in…

CeMAT (2. bis 6. Mai): Stapler werden intelligenter und wirtschaftlicher

Auf der diesjährigen CeMAT in Hannover zeigen die Hersteller von Staplern und Flurförderzeugen hochinnovative Produktneuheiten. Logistikexperten legen beim Management ihrer Flurförderzeuge besonderes Augenmerk auf Sicherheitsaspekte, Kosten- und Energieeffizienz sowie Steigerung der Produktivität. Jungheinrich zeigt Staplernavigation im Breitgang Der mit zwei Pavillons (P33/34 sowie Freigelände) größte CeMAT-Aussteller Jungheinrich zeigt in Hannover als Weltneuheit eine Staplerlösung zur…

Unilever charges KN with additional tasks in Southeastern Europe

Kuehne + Nagel Romania relieves Unilever Supply Chain Company AG (USCC) now also with co-packing services   The Unilever Supply Chain Company AG (USCC) has expanded its cooperation with Kuehne + Nagel in Southeastern Europe. Since recently the transport and logistics service provider is also in charge of service functions in the field of co-packing…

Zusammenschluss Telematik: Vehco übernimmt ELOmobile

Mit dem Zusammenschluss der Telematikspezialisten Vehco und Elomobile entsteht ein Telematik-Schwergewichtler – Größte Telematik-Produktpalette in Europa Die beiden unabhängigen Telematikdienstleister Vehco und ELOmobile gehen zusammen. Durch den Zusammenschluss dieser beiden Marktführer aus Skandinavien und Frankreich entsteht die größte Telematik-Produktpalette in Europa. Dabei übernimmt die schwedische Vehco die französische ELOmobile. Der neue Telematikdienstleister platziert sich mit…

Prangl starts major investment program

Lifting and transport specialist Prangl from Brunn am Gebirge acquires new equipment at a total value of around EUR 30 million   The lifting and transport specialist Prangl starts a major investment program. To keep their reputation as a quality service provider the family company from Brunn/Gebirge in Lower Austria invests again into new equipment….

DHL Express (Austria) starts up its new Vienna City Office

New Vienna City Office of DHL Express (Austria) includes service point for dispatch of express consignments effective May   DHL Express (Austria) has entered the first stage of a package of measures to basically improve operating processes. At the end of February more than 60 employees from the segments customer service and distribution moved to…

Viking charges Wincanton with operation of the European central warehouse

Wincanton has completed the start-up period of the logistics terminal Strasbourg for the Austrian producer of garden devices Viking   The Austrian producer of garden devices Viking – a company of the globally active STIHL group – and the European contract logistician Wincanton completed the start-up period of the new European central warehouse in Straßburg….

Kühne + Nagel erwirbt RH Freight

Kühne + Nagel kündigte heute den Erwerb der Anteile der britischen Rennies Investment Limited (RH Freight) an. Die Übernahme des Landverkehrsunternehmens erfolgt im Rahmen der Wachstumsstrategie und der Zielsetzung von Kühne + Nagel, sein europäisches Landverkehrsnetz umfassend auszubauen. RH Freight, mit Hauptsitz in Nottingham, wurde vor 40 Jahren gegründet und ist Marktführer im Stückgutverkehr zwischen…

Kuehne + Nagel reports record results; agrees to acquire RH Freight

Kuehne + Nagel reports that it met its ambitious targets for 2010, and has entered into an agreement to acquire the shares of Rennies Investment Ltd (RH Freight) in the UK.  Kuehne + Nagel recorded a better development of business and results than in the pre-crisis period due to the successful implementation of its growth…

Green light for ABP’s £80m container berth development at Southampton

Associated British Ports (ABP) has received consent from the Marine Management Organisation for the construction of a new quay wall at Berths 201 and 202 in the Port of Southampton.   On completion, the redeveloped quay will be 500 metres in length with a 16 metre draft, and capable of handling the largest container vessels…

Alanco sells StarTrak subsidiary

Alanco Technologies has entered into a definitive purchase agreement to sell its subsidiary StarTrak Systems to ORBCOMM for approximately $19.7 million.   StarTrak provides of tracking, monitoring and control services for the refrigerated transport market. The transaction is expected to close in early Q2, subject to customary closing conditions, including Alanco shareholder approval. The transaction…

KN acquires RH Freight and achieved new record levels in 2010

Kuehne + Nagel exceeded pre-crisis figures in the 2010 business year and shines with sea and air freight   Kuehne + Nagel announced yesterday the acquisition of the shares of the British Rennies Investment Limited (RH Freight). The takeover of the national transport enterprise is in line with Kuehne + Nagel’s growth strategy and their…

FedEx completes acquisition of AFL and Unifreight

FedEx Express has completed the acquisition of the logistics, distribution and express businesses of AFL and its affiliate, Unifreight India. The acquisition further enhances FedEx Express international and India business offerings and continues a long-term commitment by FedEx to the growing Indian market. "The addition of the AFL and UFL businesses to the FedEx Express…

PPG expands global footprint

Heavy-lift freight forwarding network, the Project Professionals Group, has strengthened its global footprint with several new appointments. Egyptian Marine Agency Services (EMAS) has been appointed the new Project Support Member in Egypt, and NSCL Shipping Agencies & Investment Co in Sudan. Interfreight Group companies have been appointed as new project forwarder members for Southern Sudan…

Gebrüder Weiss acts as pioneer at its site in Wörgl (Tyrol)

Transport and logistics service provider Gebrüder Weiss opens Austria’s first climate-neutral logistics hall in Wörgl   Opening Austria’s first climate-neutral logistics hall at the Wörgl site in Tyrol, the Gebrüder Weiss group underlines its commitment to sustainability. At around EUR 2 million, the investment in this building project was above average, but it should pay…

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