BILLION DOLLAR NEWS CAPSULES – TOURISM
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Arshiya Rail Infrastructure, part of Arshiya International recently signed a long term deal with GATX India, a subsidiary of GATX Corporation, to lease its rakes to ARIL. GATX globally is one of the world’s leading railcar leasing companies. This relationship will help Arshiya Rail migrate its business to a capex lean model, resulting in lower gearing and improved margins as ARIL expands its business.American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 3.1 percent in February, following a revised gain of 1.3 percent during the previous month. In February, the index equaled 131.6 (2000=100), the lowest level since September 2014. Compared with February 2014, the SA index increased 3 percent, although this was the smallest year-over-year gain since June of last year and below the 2014 annual increase of 3.7 percent.
Algerian railways operator SNTF and Kapsch CarrierCom have signed a contract on a joint rail-telecommunications venture. The main goals of the partnership are to establish railway telecommunications know-how in Algeria and to build, supply and maintain the Algerian railway network with state-of-the-art telecommunications technology.
ABF Freight’s tonnage per day increased in the quarter to date, and Saia reported its less-than-truckload tonnage per day climbed 7.6 percent. The company also reported LTL tonnage per day increased 7.2 percent compared with the same period in 2013.Avis announced a new partnership agreement with SriLankan Airlines. Through the new partnership, the Airline’s frequent flyers, FlySmiLes members will have the opportunity to earn and redeem miles from Avis car rentals.
Automobile Manufacturer’s Association (ACEA) of Europe has welcomed the adoption of the European Parliament’s regulation on reducing noise emissions from commercial vehicles and cars over the next 12 years. The new legislation will ensure emission targets phased in by 1 July 2016, 2020 and 2024 which would, in turn, ensure the most powerful trucks reducing their noise outputs from 81 decibels to 79 decibels. Other commercial vehicles will be given a margin of between one and nine decibels over the new car limit of 68 decibels, depending on the power of the vehicle. The European Parliament recently voted that all new types of vehicles registered after July 2016 will have to abide by the new regulations. Whilst the vans will have to produce two decibels less than their current level, the trucks will have to produce it one decibel less. By the second and third phase in 2020 and 2024, this legislation will apply to all new vehicles on the road, as noise emission targets become more stringent.
Alexander Global Logistics,member of the Cargo Equipment Experts CEE network in Germany, announced that that it undertook transportation of two large spare-part units for heat exchangers with dimensions each 7,04 m x 7,12m x 4,12 m and each 46 tons of weight from Germany to Egypt. The scope of work for the extraordinary transportation work included pre-carriage overland, port handling both in Germany and Egypt, seafreight, customs clearance in Egypt and transport to job-site Alexandria in Egypt in addition to the surveys conducted by the company’s own staff in both load- and discharge ports.
American Trucking Associations’ advanced seasonally adjusted tonnage reached another all-time record during the month of August, registering an increase of 6.9% year-over-year to 126.9 as trucking activity continued to improve. The previous rise of this index to its peak was 125.9 recorded in June. The year-over-year gain, considered as the largest monthly rise since December 2011, increased tonnage by 5% for the first eight months of the year.A.R.T. Logistics,a leading project Logistics Company focused on Central Asia, Russia and the CIS, has increased its Less-Than-Truckload service connecting Europe to Mongolia to three times a month using three trucks. The development of mining operations in Mongolia and the supply of equipment as well as general supplies are driving demand for transport services from Europe to the mine sites.A.R.T. Logistics established its operational hub in Vilnius, Lithuania in 2008. 25 European countries are connected with multiple destinations in Central Asia on existing lanes and now with Ulan Bator in Mongolia on the new service through Vilnius warehouse.American Trucking Associations’advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index slipped by 0.4% in July after edging 0.1% higher in June. The latest drop was the first to be felt since April. In July, the SA index equaled 125.4 (2000=100) as against 125.9 in June. June 2013 is the highest level on record. As compared to July 2012, the SA index increased 4.7%, which although robust, is the smallest year-over-year gain since April.
A.R.T. Logistics has launched a twice-monthly Less-Than-Truckload service connecting Europe to Mongolia. A.R.T. Logistics established its operational hub in Vilnius, Lithuania in 2008. 25 European countries are connected with multiple destinations in Central Asia on existing lanes and now with Ulan Bator in Mongolia on the new service through Vilnius warehouse.
Agility, has expanded its offering to customers with the opening of a state-of-the-art logistics center in Melaka on the Malay Peninsula. This new, bonded warehouse will support a variety of industry sectors, including automotive and the growing alternative renewable energy industries in Melaka. The new warehouse facility has a capacity of 47,500 square feet, which includes a maximum racking capacity of 5,000 pallet positions.
Agility, announced winning of “Global 3PL of the Year” for the third year in-a-row at the prestigious Supply Chain Asia Logistics Awards in Singapore. In the highly competitive categories, Agility took the accolade following a ballot of Supply Chain Asia magazine readers and a final decision by a panel of distinguished judges comprising of Asia’s leading supply chain academics and leaders.
Agility, a leading global logistics provider, has relocated its Penang warehouse and office in an effort to meet the growing demand for integrated logistics services in Malaysia. The state-of-the-art facility has approximately 60,000 square feet of warehouse space and 20,000 square feet of office space.
AltéAd, upon acquisition of its French counterpart TLW Leclerc, claimed the top spot for heavy lift transport in Europe. According to the company, acquisition of TLW Leclrec, which is based in Valenciennes, in northern France, will allow the group to strengthen its domestic coverage and also develop its presence in the Benelux countries with an expanded logistics offering to and from the ports of Antwerp and Zeebrugge. The company also announced that it is investing €37 million in acquiring 70 new cranes.
Agility reported a net profit of KD 3.5 million and earnings per share of 3.45 fils, an increase of 114% for both from same period in 2010. Fourth quarter revenue fell by 5%, from KD 368.6 million to KD 352 million, largely because of the loss of government contracting business.
American Trucking Associations reported that truck tonnage rose 5.5% in February from the same month last year. The year-over-year increase followed a 3.1% gain in January that was revised down from the 3.6% originally reported. February tonnage gained 0.8% from January.
Agility recently received the Quality Management System (ISO 9001:2008), Environmental Management System (ISO 14001:2004) and Occupational Health & Safety (OHSAS 18001:2007) certifications for its Ho Chi Minh City, Hanoi, Danang and Bac Ninh locations.
Amtrak is moving forward with an aggressive agenda for 2012 and building for the future while strengthening current services. Among the key actions planned in the New Year are building the first units of 70 new electric locomotives and 130 new single-level long-distance cars, the national roll-out of eTicketing to all trains, and the further integration and advancement of Northeast Corridor (NEC) planning efforts to improve the existing Corridor and develop a high-capacity, next-generation high-speed rail (NextGen HSR) system.
Agility emerging markets logistics Index released showed that China was ranked first; India second and Brazil third. In spite of the economic slowdown and political upheaval, output of these powerhouse economies and the so-called “Arab Spring” countries are now viewed as more attractive places to do business. Saudi Arabia and United Arab Emirates (UAE) came in Nos. 4 and 5, and Indonesia and Russia at Nos. 6 and 7, respectively. Malaysia moved up three places from last year’s rankings to land at No. 8. Chile was No. 9, and Mexico was No. 10, falling two places.
Agility, a leading global logistics provider, and Schmidt Heilbronn, a leading European dry bulk chemicals logistics provider, launched SAMEL, a joint venture. This partnership will address the sharply increasing need – especially across the Middle East – for dry bulk solutions on the back of rapid growth in chemical manufacturing in the region.The joint venture combines Schmidt Heilbronn’s specialized expertise in bulk polymer logistics with Agility’s global logistics network, strength in emerging markets and in-house chemicals specialty.
Amtrak hosted local and state leaders in a Civic Conversation with a special focus on the development of stations on routes along Amtrak’s Northeast Regional, Adirondack, Vermonter, Ethan Allen Express and Downeaster routes during its 8th Civic Conversation event in Burlington, Vermont.
Agility, received the award for “Global 3PL of the Year” for the second year running at the prestigious Supply Chain Asia Logistics Awards in Shanghai. Agility also claimed a second honor – the “Green Supply Chain” award.
Agility received the Transported Asset Protection Association (TAPA) Trucking Security Requirement (TSR) Classification 1 (2008) certification for its trucking operations in Hong Kong. The certification process involved inspections and quality benchmarking of a broad range of operations to ensure security is at internationally recognized levels.
Agility, a leading global logistics provider, has received the Transported Asset Protection Association (TAPA) Trucking Security Requirement (TSR) Classification 1 (2008) certification for its trucking operations in Hong Kong. The certification process involved inspections and quality benchmarking of a broad range of operations to ensure security is at internationally recognized levels.
Acer’s exclusive cargo train service from Chongqing to Germany has started its first run from Chongqing’s Tuanjiecun Railway Container Terminal which is a 13 days journey.
Aramex PJSC, the global logistics and transportation solutions provider, has announced that it recorded net profit of AED 48 million in the third quarter, up 3 percent year on year.
Agility has been awarded a five year contract by Henkel China to be the exclusive logistics partner for its mega HUB project, “Project Dragon.”
American Railcar, of USA is adding hundreds of jobs at factories in Arkansas and Missouri to fill orders piling up from freight haulers. The company had been hurt by the recession and was down to fewer than 400 employees at its three plants, before it began hiring again this year. It now employs approximately 1,000 workers.
Australia’s National Transport Commission is set to finalise a plan calling for a national road network for B-triples – trucks with three semi-trailers with a total length of up to 35 metres. Giant triple-trailer trucks could be allowed on more of Australia’s major highways as part of a radical scheme that could save the industry up to A$1 billion (US$963 million).
Agility was recently awarded the “Best Corporate Social Responsibility Practice” award at the Asia’s Best CSR Practices Awards event in Singapore. Donovan Neale-May, Executive Director at CMO Council, commented, “Asia’s Best CSR Practices Award recognizes those aspects in CSR where there was valuable contribution and a spirit of giving.
ABF Freight System said it will raise its rates by about 6.9%. “Rates will increase by about 6.9%, although the effect on specific lanes and shipments will vary,” ABF Freight, a unit of Arkansas Best Corp., said.
Agility and Schmidt Heilbronn, a top European dry bulk chemicals logistics provider, recently signed a memorandum of understanding (MoU) formalizing a long-term collaboration. Schmidt Heilbronn and Agility have been cooperating since 2008 and the MoU marks a further step in their partnership. Schmidt offers specialize dexpertise in bulk polymer logistics and has worked closely with Agility on the Shanghai Logistics Hub project.
Axeon, Europe’s largest independent lithium-ion automotive battery supplier, has been awarded research funding from the EU to reduce the weight, volume and cost of batteries in electric and hybrid vehicles as part of a consortium programme called SmartBatt.
AutoInfo third-party logistics provider said its 2010 earnings rose to $3.1 million, or 9 cents a share, from $1.4 million, or 4 cents, the year before.Revenue rose to $279.7 million from $183.9 million in 2009, the company said. “2010 was a most rewarding year,” said Harry Wachtel, president of the company. “We experienced growth in all of our business lines and service offerings. We are poised to capitalize on an improved business environment and we will continue our agent network expansion efforts and seek out strategic growth opportunities.”
American Trucking Associations said truck tonnage jumped 6% in October from a year ago, the 11th straight year-over-year increase. The upturn left the index at a reading of 112.9, ATA said in its monthly seasonally adjusted for-hire truck tonnage index. Tonnage is up 6.1% for the year compared with the same period in 2009, matching last month’s report, the group said.
Agility and Linfox Logistics have formed an alliance to focus on major oil, gas and mining projects, primarily in remote areas of Australia. The two companies already provide logistics services with Agility as the lead logistics provider and Linfox providing specialised transport and warehouse services.
Amadeus and Deutsche Bahn, the German national railway company, have announced the opening of Deutsche Bahn’s first agency in China, using booking technology from Amadeus to sell tickets for both Deutsche Bahn and other European railway providers.
Aramex, the global logistics and transportation solutions provider, announced that it has been awarded Class A status by the Transported Asset Protection Association (TAPA) for its Amsterdam facility in The Netherlands. TAPA is a unique forum which unites global manufacturers, logistics providers, freight carriers, law enforcement agencies and other stakeholders with the common aim of reducing losses from international supply chains. The association has developed a worldwide freight security standard which specifies minimum acceptable security requirements for assets travelling throughout the supply chain and the methods to be used in maintaining those standards. Class A accreditation means that the Amsterdam facilities comply with the highest levels of security under TAPA.
Agility, a leading global logistics provider, has announced the official commencement of operations in Cambodia with the opening of an office in Phnom Penh. The opening supports Agility’s network growth strategy and further strengthens its operations in Indochina.
Agility, a leading global logistics provider, announced its appointment as the official logistics provider for the New Zealand Olympic Committee (NZOC). The partnership agreement means that Agility will be responsible for handling the logistics requirements for New Zealand teams competing in events such as the Commonwealth Games in Delhi later this year through the London Olympic Games in 2012.
Agility, relocated to a new modern facility in Ho Chi Minh City located close to the Tan Son Nhat International Airport. The new office is 550 sq m and will act as the headquarters for Agility Vietnam and Indochina.
Agility currently has three offices in Vietnam in Danang, Hanoi, and Vung Tau and over 120 employees. The new Ho Chi Minh office is part of Agility’s ongoing investment in rapidly growing emerging markets in Southeast Asia. Agility’s own refrigerated trucks offer delivery across Vietnam and investment is under way for cross border transportation options and a multi-user facility in the Ho Chi Minh area.
Anil Dhirubhai Ambani Group firm Reliance Infrastructure has signed an agreement with the National Highways Authority of India for developing the Rs.3,000 crore Delhi-Agra highway project. “R-Infra has signed a concession agreement for six-laning of the 180-km stretch of the Delhi-Agra road project,” the company said in a statement.
Association of American Railroads said Traffic totaled 231,286 trailers and containers for the week ended July 5. Intermodal rail traffic jumped 36.6% compared with a year ago.
Apollo Tyres, Leading tyre manufacturer, is planning to invest Rs 1,100 crore to increase production capacity of its facilities in India as well as overseas during 2010-11. The expansion programme will be funded by a combination of debt and internal accruals. The company is planning to increase the capacity of its plants at Chennai, Baroda and Kochi to 1,400 to 1,500 tonnes per day and also of its facilities located at Netherlands and South Africa.
Agility, a leading global logistics provider celebrated the opening of the Shanghai Logistics Hub. As one of the biggest facilities of its kind in China to date, the 66,000 sq m hub will receive and distribute up to 600,000 tons of polyolefins annually from Borouge’s plant in Abu Dhabi, UAE.
Agility Abu Dhabi designed, constructed and owns this state of the art facility and will manage operations and distribution to the Asian market over 10 years.
ArvinMeritor Inc. said it posted a second-quarter profit on cost cuts and higher auto production.Its profit for the fiscal quarter was $13 million, or 16 cents per share, compared with a loss of $49 million, or 67 cents, a year ago.
American Public Transportation Association has launched a Center for High-Speed Rail, aiming to ‘advance and promote high-speed rail in the United States.’ Announced on January, this will build on the work of APTA’s existing High-Speed & Intercity Rail and Legislative committees.
AAC Capital Partners (“AAC”), a leading Northern European mid-market buy-out firm, has acquired a majority stake in Envirotainer.
ArvinMeritor said its fourth-quarter loss narrowed and the company announced several executive appointments. The company lost $12 million, or 17 cents a share, in the fiscal quarter ended Sept. 30, compared with $153 million, or $2.12 per share, a year ago.
Agility signed an agreement to acquire Baisui United Logistics (Shanghai) Co. Ltd., a Shanghai-based domestic logistics company focusing on the chemicals, automotive, and fast moving consumer goods (FMCG) sectors.
Allied Express Transporthas won the ‘Excellence in Customer Service Award’ at the 2009 BRW ANZ Private Business Awards held in Sydney.
ArvinMeritor Inc. Vehicleparts maker said it will invest up to $10 million in its commercial vehicle business in Brazil. Chief Executive Officer Chip McClure said the investment is part of company’s “focus on becoming a global commercial vehicle company.” Its production in South America is up 9% from a year ago, he said.
American Megatrends India (AMI India), launched their vehicle tracking system (VTS) brand Falcon-i. Falcon-i has been designed, developed in India and will be manufactured at the AMI India’s factory located in Chennai.
Abu Dhabi Department of Transport (DoT) announced that it hosted the 13th Air Transport Research Society World Conference at the Hilton. DoT is bringing this international event to Abu Dhabi to support and promote the continued growth and success of the aviation and tourism sectors, and to further enhance the Emirate’s reputation as a global industry hub and centre for innovation and excellence.
Atom Technologies, has tied-up with Paulo Travels, to provide ticket booking and payments services over the phone. This facility will be available to customers in cities such as Goa, Hyderabad, Pune, Bangalore, Mangalore, Mumbai, Hampi (Karnataka) and Karwar (Karnataka), Ahmedabad, Mysore.
Agility Project Logistics announced that it has entered into an agreement with Chevron Australia Pty Ltd (“Chevron”) for supply base operations and transportation services to support the Gorgon Project.The Gorgon Project is a joint venture between the Australian subsidiaries of Chevron (Operator), Exxon Mobil and Shell, to develop the Greater Gorgon gas field located between 130km and 200km off the north-west coast of Western Australia.
AvtoVAZ, Russia’s largest carmaker, announced a loss of 6.33 billion rubles ($198 million) in January-March 2009 against a net profit of 281 million rubles ($8.8 million) in the same period of 2008. Revenues in the reporting period declined 54.6% to 16.99 billion rubles ($530.9 million). The carmaker has suspended production several times this year amid declining sales and demand and also due to payment disputes with car part suppliers.
BMW Group supports a paradigm shift to cities based around people rather than cars. Electric car sharing represents an important pillar of the BMW Group’s efforts to help create a sustainable model for urban mobility, reduce traffic volumes and improve the quality of life in cities.
Bombardier Transportation has signed two contracts with Transport for London (TfL) to build and maintain 45 new four-car electric multiple units (EMUs). The first contract is a Manufacturing and Supply Agreement (MSA) covering the design, manufacture, commissioning and entry into service of 180 new vehicles, and the second is a 35-year Train Services Agreement (TSA) providing maintenance for the new vehicles.
Bombardier Transportation has won a contract to supply 162 BOMBARDIER MOVIA metro cars to Delhi Metro Rail Corporation Ltd (DMRC). The new trains will increase the number of DMRC’s existing fleet of MOVIA metros from 614 to 776 and make it one of the largest metro fleets in the world.
BMW Motorrad delivered the first fleet of the electric scooter BMW C evolution to local police in Barcelona. The first completely electrically powered scooter manufactured by BMW Motorrad will allow the police to move with maximum efficiency and zero emissions. The BMW C evolution is BMW Motorrad’s answer to zero-emissions urban mobility.
Bureau of Transportation Statistics reported that U.S. trade with its North America Free Trade Agreement partners Canada and Mexico in January dropped 1.2 percent to $89.3 billion.
BNSF Railway Company announced that its 2015 capital programme for its operations in Kansas will be an estimated $ 103 million for rail maintenance and capacity improvement projects, including improvements at the railroad’s Logistics Park Kansas City intermodal facility.
BNSF Railways invested billions in shoring up its operations. But in addition to hiring more than 7,000 new workers and spending $ 5.5 billion on improvements to its 32,500-mile (52,300 kilometer) network, the railway also has done something unexpected: it pulled thousands of rail cars off its lines, Reuters reported.
Bombardier Transportation won an order to supply 42 Regio 2N train sets to the Syndicat des Transports d’Ile-de-France (STIF) and SNCF. This order for 42 double-deck trains is an additional order in the framework of an ongoing contract signed in 2010 and is valued at approximately 397 million euro ($484 million US).
BMW i8 – the first BMW plug-in hybrid sports car built with the revolutionary LifeDrive architecture and advanced lightweight material like carbon-fibre-reinforced-plastic (CFRP), is now available at Performance Motors. The BMW i8 features the latest BMW EfficientDynamics technology, including a rear-mounted 1.5-litre three-cylinder petrol engine with BMW TwinPower Turbo technology that can generate up to 231hp and a maximum torque of 320 Nm.
BMW Asia has introduced the BMW 2 Series Active Tourer, a premium compact class model that skillfully blends comfort and functionality of space with the trademark BMW strengths of dynamism, style and elegance. Following on from the Coupé as the second member of the new BMW 2 Series range, the harmoniously proportioned Active Tourer oozes sportiness from every angle.
Bombardier Transportation has won the first contract awarded by ADIF as part of the upgrade of the Mediterranean Corridor between Alicante and Barcelona to deliver its BOMBARDIER INTERFLO 200 mainline solution. The section between San Vicente and Tarragona will be equipped by Bombardier, part of a longer section of the Mediterranean Corridor being equipped by a consortium comprising Bombardier and other signalling equipment suppliers. The total contract is valued at approximately 61 million euro ($80 million US), with Bombardier’s share valued at approximately 17 million euro ($22 million US).
BMW Concept Active Tourer Outdoor was introduced at the OutDoor Friedrichshafen Fair, treating the premium compact segment to another view of how interior space can be cleverly utilised for sport and leisure purposes. This concept car presents solutions that take a fresh route to combining sporting aesthetics and style with sustainable drive technology, compact dimensions and functionality.Bombardier Transportationhosted the world premiere of the Frecciarossa 1000 very high speed train at its Vado Ligure site in Italy. Built by Bombardier Transportation and its consortium partner AnsaldoBreda of Italy, the Frecciarossa 1000 is the newest member of the BOMBARDIER ZEFIRO family of high-speed trains and is known as the V300ZEFIRO model.
Bombardier Transportation continues to shape the future of mobility, responsibly. A structured stakeholder analysis helped to shape Bombardier Transportation’s CSR agenda and with it, CSR standards for the entire rail industry.
BMW Group intends to grow in the U.S. in the current year. Last year, the BMW Group reported its best year ever in the United States with over 347,000 vehicles sold – an increase of 13.8%. Worldwide, the BMW Group expects sales to increase in 2013. BMW also plans to introduce three new diesel models to the U.S. in 2013, in addition to the highly successful BMW X5 35d, which reported a sales increase of 39% last year to over 10,000 vehicles (10,276).BMW Motorrad
supplied a total of 106,358 motorcycles and maxi scooters to its customers worldwide as against the 104,286 sold during 2011, thereby achieving a new all-time sales high. In the month of December deliveries increased by 43.4 % to 6,069 as compared to the 4,232 units sold during the same period of the previous year . The strongest single market in 2012 was Germany once again. 20,516 vehicles remained in the domestic market, around one fifth of all supplies.
Bombardier Transportation will deliver its globally proven ERTMS solution for the 340 km Warsaw to Gdynia section of Poland’s E65 line, linking the capital with the Baltic Sea. With Bombardier’s second major delivery of ERTMS technology in Poland, the entire northern section of the Pan-European Rail Corridor VI will be interoperable, allowing trains from other countries to travel between Gdynia and the Czech border.
BMW Z4 Roadster represents the interplay of classical proportions and state-of-the-art technology. An updated version of the modern classic is set to arrive in BMW showrooms in time for spring 2013.The new BMW Z4 represents a time-honored and yet contemporary interpretation of the traditional roadster concept. New exterior features, detailed interior refinements, the new Hyper Orange design package, as well as availability of the full range of BMW ConnectedDrive features all provide fresh impetus and lend the BMW Roadster even greater appeal and individuality.
BMW announced the release of a second major wave of BMW M Performance Parts designed and tested for the new BWW 3 Series and current 5 Series Sedan models.
BMW Group experienced growth on all continents in November and achieved another record month in sales. With 170,932 BMW, MINI and Rolls-Royce brand automobiles delivered worldwide, sales were 23.0% higher than 138,954 delivered in the same month last year.
BMW announced a portion of its lineup to be displayed at Los Angeles International Auto Show. From the exotic BMW Concept i8 Roadster to the versatile new BMW Concept K2 Powder Ride based on the popular new BMW X1with graphics designed by Designworks USA, the company will showcase a comprehensive product arrangement which strikes the perfect balance of high performance, innovative efficiency, and outstanding design.
Con-way Truckload and Menlo Logistics, were honored as industry leaders in environmental performance and energy efficiency with SmartWay Excellence Awards from the U.S. Environmental Protection Agency (EPA).CEVA Logistics
has completed changes to its US LCL export system that have cut up to 14 days from the total transit times offered by other operators.CEVA has nearly doubled its own Container Freight Stations network, from 26 to 48 locations, replacing a number of outsourced locations. It has also switched collections from shippers, and freight transfers to its own stations at the ports of loading, to its own road vehicle operation, CEVA Ground.CEVA Logistics
has received the 2015 Top Transport Award, selected among the automotive Industry cargo shippers serving the Brazil market. In its ninth year, the Top Transport Award competition included a total of 17 categories – 16 specialties and a national preference.CEVA Logistics
has received the 2015 Top Transport Award, selected among the Automotive Industry cargo shippers serving the Brazil market. In its ninth year, the Top Transport Award competition included a total of 17 categories – 16 specialties and a national preference.
CEVA Logistics launched Orion Mobility, an application that is part of Orion TMS (Transportation Management System), which will enhance the quality of its services in the Brazilian Ground Transport market by improving TMS visibility of road trips and by providing real-time data to its customers, partners and monitoring team.CEVA Logistics announced its extended collaboration with 3M to be their preferred logistics service provider in warehouse management and distribution in Singapore, Malaysia and Indonesia. Under the terms of the renewed contract, CEVA will operate both 3M’s Regional Distribution Center (RDC) and national DC in Singapore, with an increased warehouse footprint to nearly 28,000 sq m in total.
CEVA Logistics has announced the launch of a new weekly LCL (Less-than-Container Load) service from Singapore to New York. This is the first guaranteed weekly service direct to the U.S. from Singapore as part of the company’s initiative to enhance its LCL offerings serving Trans-pacific needs. The weekly direct sailing service will take approximately 23 days from port to port, providing customers with predictability and better control of their cargo movement.CEVA Logistics has signed a long term contract with Universal Music, to manage their Contract Logistics operations in Brazil. CEVA will be responsible for the entire logistics for Universal Music in Brazil, South America, including warehousing activities (inbound, outbound, storage, inventory control), distribution (Air and Ground), transportation management, POD (Proof of Delivery), fiscal management, delivery monitoring and reverse logistics.
CEVA Logistics turned in a solid Second Quarter performance in the face of several industry headwinds and significant exchange rate fluctuations. Second Quarter revenue of $1,776 million was up 0.3 percent year-over-year in constant currency driven by volume growth, partially offset by freight rates and fuel prices.
CarWale group recorded 21.09 million visits in the month of July 2015, registering a 47 percent growth over the same period last year. Of the total visits, CarWale recorded 16.34 million visits, while its two-wheeler counterpart BikeWale clocked 4.74 million visits in June. Comparing numbers from 2014, BikeWale is evidently on a roll with a whopping 60 percent YoY increase in traffic.
CEVA Logistics announced the opening of a global distribution centre for industrial spare parts, consisting of warehousing space of 12,000 sq m and a yard of 10,000 sq m in Born, the Netherlands. The new centre features 28,000 bin locations and 3,000 sq m floor storage in the warehouse, and a yard of 4,000 racking locations and 4,500 sq m floor storage.
CEVA Logistics was presented with the Best Logistics Provider – Seafreight award at the Asia Freight, Logistics and Supply Chain (AFLAS) Awards held in Hong Kong.
CEVA Logistics has won a two year extension for customs brokerage services with Volvo Cars of North America. The company, headquartered in Rockleigh, New Jersey, is the U.S. subsidiary of the Swedish luxury automotive manufacturer. CEVA’s U.S. customs brokerage team had been providing services to Volvo through an initial one year contract, which was subsequently extended.
CEVA Logistics announced it has signed a deal with TANAP (Trans Anatolian Natural Gas Project) to manage the logistics operations for the movement of giant pipes. TANAP aims to transport 16 billion cubic meters of natural gas from the Caspian Sea in Azerbaijan to Turkey, and to Europe through Turkey at an estimated cost of $10 billion.
CargoSphere announced Livingston International’s commitment to a long-term contract to support expansion of their global freight forwarding and NVOCC (non-vessel operating common carrier) business areas.
CEVA Logistics has announced the opening of a local distribution center for Magneti Marelli After Market Parts and Services, a division dedicated to the independent spare parts network and after sales market, consisting of 1,600 sq m in Padua Interporto, Italy.
Candian National Railway announced that it has moved 4,700 grain hoppers weekly in Western Canada, a 21 per cent increase than the same period in 2013-14.
Canada is strengthening proposed new safety standards for rail cars carrying crude oil, requiring thicker steel and other improvements. The latest Transport Canada proposals, published go beyond earlier announcements by requiring rail cars carrying crude to have thicker steel, full “head shields,” mandatory thermal ‘jacket’ protection among other upgrades.
CEVA Logistics held the opening of its West Hub and the new headquarters for South East Asia, attended by CEVA’s CEO, Xavier Urbain. The West Hub occupies 48,000 sq m of warehouse and office space, with more than 300 personnel serving multi sector customers at the facility.
CEVA Holdings LLC reported results for the three months ended 31 December 2014. Freight Management volume trends remained healthy in the quarter, with Air Freight volume growing six per cent, outpacing the market.