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News Desk

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DHL to build new logistics centre at Brussels Airport [16/May/2012]

DHL Global Forwarding is investing €27m in a new logistics centre at Brussels Airport, Belgium. Read Full Article...

ID Logistics reports strong growth in the first quarter [16/May/2012]

ID Logistics, a French contract logistics service provider, has announced first quarter revenues of €132.6m, up 31% year-on-year and 23% on a comparative basis. Read Full Article...

FedEx Express complete Tatex acquisition [14/May/2012]

FedEx announced it has completed an agreement to acquire Tatex, a leading French business-to-business express transportation company, initially reported by Ti on April 20, 2012. Read Full Article...

UPS puts financing in place to acquire TNT Express [14/May/2012]

UPS has announced it has the necessary financing in place for its intended recommended public offer for TNT ExpressRead Full Article...

PostNord's restructuring leads to first quarter net loss [14/May/2012]

PostNord has announced revenue of SEK9.93bn for the first quarter of 2012. This resulted in a 0.4% decline compared to SEK10.03bn for the first three months of 2011. However, operating profit and net profit declined 30% and 38% respectively. Read Full Article...

Retail sales increase 1% in Europe [14/May/2012]

Total European retail sales increased 1.0% in March, compared with the same month of 2011. Food, drinks and tobacco sales remained stable, while the non-food sector rose 2.2%. Read Full Article...

Jaguar Land Rover set to open new UK logistics facility [14/May/2012]

Jaguar Land Rover (JLR) has announced it is set to open a new logistics facility in Ellesmere Port, UK to support the global sales of both the Range Rover Evoque and Land Rover Freelander 2. Read Full Article...

Air cargo demand growth compromised by high oil prices [11/May/2012]

The International Air Transport Association (IATA) has announced a marginal increase of 0.3% for overall freight demand in March. However, the stubbornly high price of oil is having a significant impact on profits. Read Full Article...

Agility appoints new Managing Director Area West in Europe [11/May/2012]

Agility has appointed Patrick Jaeger as Managing Director of Area West in Europe, responsible for growth strategies in Switzerland and France. Read Full Article...

US and EU sign cargo security agreement [10/May/2012]

US Customs and Border Protection (CBP) and the European Union (EU) have signed a Mutual Recognition Decision which recognizes compatibility between the EU and the US cargo security programs. Read Full Article...

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