Amtrak (UK) goes belly-up. Again
After being bailed out of financial difficulties by Netfold less than two years ago, UK express parcel company, Amtrak, has once again gone into administration. (Aug 28, 2008)
Equity International invests in Brazil’s logistics sector
Equity International has closed a $100 million commitment in AGV Logística, a privately-held logistics company based in São Paulo, Brazil. (Aug 28, 2008)
K-Line launches US East Coast-Brazil feeder service
K-Line will begin a new feeder service between the US East Coast and the Amazon region in Brazil in mid-October 2008. (Aug 28, 2008)
PIA turns over Mindanao terminal to ICTSI
Phividec Industrial Authority (PIA) has officially handed over the Mindanao Container Terminal (MCT) to Mindanao International Container Terminal Services Inc (MICTSI). (Aug 28, 2008)
Purolator helps businesses weather the “perfect logistics storm”
US-based small-package and freight forwarding company, Purolator USA, is working to develop cost-effective logistics solutions for US-Canada cross-border transportation. (Aug 28, 2008)
Schenker’s finance chief has some explaining to do
Germany's Deutsche Bahn is investigating accounting fraud at its Schenker unit in Belgium, with initial estimates putting the fraud in the region of €40 to €50 million. (Aug 27, 2008)
Maersk to acquire Broström for SEK 3.62 bn
AP Møller-Mærsk has announced an all cash offer of SEK 57 per share in Swedish logistics company, Broström. (Aug 27, 2008)
Dachser consolidates sea freight activities in Basle region
Dachser Air & Sea Logistics has opened a new Swiss branch in Reinach near Basle. (Aug 27, 2008)
Air France-KLM Cargo and Traxon Europe now fully integrated
Air France-KLM Cargo and Traxon Europe have achieved full integration of all existing e-communication processes. (Aug 27, 2008)
Kenco to manage Whirlpool DC
Kenco Logistic Services has been appointed to manage a new 1.6 million sq.ft. distribution centre in Columbus, Ohio for Whirlpool.
(Aug 27, 2008)
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