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AMB leases space to DHL in North America, Europe and Asia [04/Jan/2008]
AMB Property Corporation has leased 590,000 sq ft of space in North America, Europe and Asia to DHL Exel Supply Chain. Read Full Article...
ABX completes holding company reorganisation and CHI acquisition [03/Jan/2008]
ABX Holdings Inc has completed its previously-announced holding company reorganisation and acquisition of Cargo Holdings International. Read Full Article...
Maersk raises rates between North America and the Far East [03/Jan/2008]
Maersk Line planned to implement a general rate increase for traffic between North America and the Far East from January 1. Read Full Article...
ATA truck tonnage index increases by just under 1% [02/Jan/2008]
The American Trucking Associations’ (ATA) advanced seasonally adjusted for-hire truck tonnage index increased 0.8% in November, following a 0.2% contraction in October. Read Full Article...
FedEx LTL companies to hike rates this month [02/Jan/2008]
US LTL service provider FedEx Freight plans to implement a 5.48% general rate increase, effective January 14. FedEx National LTL will introduce a commensurate hike. Read Full Article...
YRC Logistics to buy Chinese trucker Jiayu [02/Jan/2008]
US-based YRC Logistics has entered into a definitive agreement to acquire Chinese LTL service provider Shanghai Jiayu Logistics Co Ltd. Read Full Article...
"Weak US economic growth" hits FedEx Q2 figures [21/Dec/2007]
FedEx Corporation has reported earnings of US$1.54 per diluted share for the second quarter ended November 30, 2007, compared to $1.64 per diluted share a year ago. Read Full Article...
US ports approve cargo fee to fund cleaner trucks [21/Dec/2007]
The US west coast ports of Long Beach and Los Angeles have this week approved a cargo fee of $35 per TEU to help fund cleaner trucks and improve air quality. Read Full Article...
Japanese forwarder Yusen strengthens presence in Brazil [21/Dec/2007]
Yusen Air & Sea Service do Brasil Ltda has opened an office in Manaus, a growing centre for international manufacturing industry import and export activities. Read Full Article...
Forward Air announces opening of Chicago regional hub [21/Dec/2007]
Forward Air, a provider of time-definite ground transportation services to the air cargo industry in North America, plans to open a regional sorting centre in Chicago next month. Read Full Article...
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