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3PL/4PL
TNT Express changes strategy after massive losses in 2011
Feb. 22 | Netherlands-based TNT Express said it plans to concentrate on its core European market, which accounts for nearly 70 percent of its revenue, after registering a net loss of US$225 million in the last quarter of 2011 from a net income of $5.2 million in...
12 countries propelling Asia-Pacific transport and logistics growth
Feb. 22 | Twelve countries in Asia-Pacific will play a key role in boosting the growth of the region’s transportation and logistics market despite global economic uncertainties, an official from Frost & Sullivan predicted. Over the next five years, 12 countries—Hong...
TNT Express rejects proposed $6-B acquisition bid by UPS
Feb. 20 | Dutch package shipper TNT Express has rejected a EUR4.9 billion ($6.45 billion) acquisition bid from U.S. rival United Parcel Service (UPS), even as both companies said that discussions between the two parties “continue.” UPS, the world’s largest...
Rhenus Logistics centralizes Asia operations
Feb. 15 | The Rhenus roup announced it set up Rhenus Logistics Holding Asia Pte. Ltd early this year to pool its Asian business within a new holding company. Rhenus Logistics will coordinate under one umbrella the activities of Rhenus Logistics Asia-Pacific based...
CEVA launches new routes from Houston to UAE, Singapore
Feb. 15 | CEVA Logistics has opened two new lanes from Houston in the U.S. to both Singapore and Jebel Ali, United Arab Emirates, as part of its less-than-container Load (LCL) ocean service. The move aims to increase the international freight forwarder’s share...
Q&A with AON: Leveraging the power of networking
Feb. 14 | PortCalls Asia is running the first of a series of Q&As with major shipping, transportation, and logistics industry players to find out more about their business operations, directions, and plans. Here, we interview Gary Dale Cearley, executive director...
PH forwarders get fast lane for accreditation renewal
Feb. 10 | At the recent signing of the Philippine International Seafreight Forwarders Association-Philippine Shippers’ Bureau E-Lane agreement were (L to R, seated) Josie Yap, PISFA corporate secretary; Irene Manguiat-Tan, PISFA president; Atty. Pete Mendoza,...
PH truckers cut volume expectations
Feb. 10 | The Confederation of Truckers Association of the Philippines (CTAP) has reduced its volume growth projection for the year. CTAP cited soaring fuel prices, relocation of some foreign firms to more investment-friendly countries, and the generally slow economy...
Kerry Siam Seaport in Thailand starts third phase of expansion
Feb. 10 | International freight forwarder Kerry Logistics has started the third phase of the expansion of its Kerry Siam Seaport (KSSP), a multipurpose port located in Laem Chabang, Thailand. Construction of the third phase of the facility has broken ground, with...
