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ABX signs confidentiality and standstill agreement with Red Mountain

US air cargo service provider ABX Holdings has entered into a confidentiality and standstill agreement with near 7% stakeholder Red Mountain Capital Partners.... read more.

MOL establishes new agency for Japan-Russia route

Mitsui OSK Lines Ltd (MOL) has announced the establishment of a new liner shipping agency for its Japan-Russia operations called Trans Russia Agency Japan.... read more.

SAS Cargo's financial performance hit by "hard competition"

SAS Cargo’s annual result for 2007 was affected by "hard competition in key markets", reported the Scandinavian carrier.... read more.

SAS to sell Spirit air cargo handling business

Contrary to the impression given by certain recent news reports, Scandinavian airline group SAS is not planning to sell its cargo division – only the latter’s Spirit Air Cargo Handling business.... read more.

Birkart Globistics establishes national organisation in Mexico

German international logistics service provider Birkart Globistics air + ocean, whose main activities include automotive and consumer goods logistics, is now represented in Mexico.... read more.

ProLogis reports new developments in China, Poland and US

US-based global distribution facility owner, manager and developer ProLogis has published details of recent business expansion in Asia, Europe and North America.... read more.

Hitachi selects Descartes GLN to standardise group logistics practices

Descartes Systems has formed an alliance with Hitachi Ltd’s information and telecommunication system group to use Descartes’ Global Logistics Network with its group companies.... read more.

DHL wins US global freight contract from Siemens

DHL Global Forwarding has been selected as preferred international carrier for Siemens’ air/ocean freight and customs brokerage business in the US.... read more.

Agility establishes JV in Kurdistan region of Iraq

Middle East-based forwarder Agility has further expanded its presence in that region with the creation of a joint venture to open up its operations in the Kurdistan region of Iraq.... read more.

Rotterdam fulfils €2bn borrowing requirement to finance expansion

The Dutch port of Rotterdam has just secured its third loan in a month to complete a €2bn borrowing requirement to finance further large-scale expansion.... read more.

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