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FedEx Completes Acquisition of Watkins Motor Lines
Posted: September 6th, 2006, 3:46pm
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Addition of Long-Haul Less-Than-Truckload (LTL) Units Expands Heavyweight Service Portfolio for Customers FedEx completes acquisition of the LTL operations of Watkins Motor Lines and certain affiliates creating FedEx National LTL and FedEx Freight Canada. FedEx Corp. announced it has... -
DHL wins contract worth GBP 1.6 billion revenue over 10 years with the UK Government's Department of
Posted: September 6th, 2006, 3:44pm
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DHL operates support organization for healthcare - NHS Supply Chain GBP 1 billion/Euro 1.4 billion savings targeted to the NHS over 10 years Around 1,000 new jobs to be created DHL Logistics has won a 10-year deal totaling GBP 1.6... -
Tesco Direct select TNT Logistics for Home Delivery
Posted: September 6th, 2006, 3:42pm
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TNT Logistics UK has been awarded a five-year contract to operate two man home delivery services for the newly-launched Tesco Direct. The nationwide service will utilise dedicated Tesco Direct vehicles as well as TNT Logistics’ multi-user TNT Home fleet, which... -
Innovation Boosts Ryder to Top 100 on InformationWeek 500 List
Posted: September 6th, 2006, 3:41pm
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Ryder System, Inc. announced it has been ranked in the Top 100 on the 2006 InformationWeek 500, a prestigious listing of the leading business users of information technology. Ryder's exact rank will be revealed at a gala awards ceremony held... -
TNT acquires Speedage to build leading position in domestic express market India
Posted: September 6th, 2006, 3:39pm
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TNT N.V. announced the acquisition of ARC India Limited which operates under the trade name Speedage Express Cargo Services, one of the leading road express companies in India.This acquisition is a key component of TNT's Focus on Networks strategy... -
Geodis: 2006 half-year results
Posted: September 6th, 2006, 3:37pm
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• Geodis group operating profit increased by nearly 20%, reaching €53.1 million• Net debt was reduced by €67.5 million relative to that of 30 June 2005The Board of Directors of Geodis held a meeting on 29 August 2006 chaired by... -
TNT Freight Management Wins Global Prestigious Assignment by Electrolux
Posted: September 6th, 2006, 3:35pm
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TNT Freight Management has secured a large-scale global contract with Electrolux Global Logistics. Having had a cooperation within the Nordic countries, TNT will now handle all air-freight for Electrolux, from Asia to Europe, within Asia and from Europe to the... -
Boeing Confirms Air Sahara Order for 10 737-800s
Posted: August 30th, 2006, 4:10pm
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The Boeing Company confirmed a previously unidentified Air Sahara order for 10 Next-Generation 737-800 airplanes. Air Sahara placed the order in the first quarter of 2006 and was listed in the unidentified category on Boeing's Orders and Deliveries web site.... -
ProLogis European Properties Plans to Float on Euronext Amsterdam
Posted: August 30th, 2006, 4:01pm
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ProLogis announced that ProLogis European Properties (PEPR), a real estate investment fund that owns a portfolio of distribution facilities in Europe and is externally managed by a subsidiary of ProLogis, is planning an Initial Public Offering of ordinary units by... -
TNT confirms position on net proceeds at completion from sale of logistics activities
Posted: August 30th, 2006, 3:59pm
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In reaction to press coverage, TNT confirms the expected net proceeds of the announced sale of its logistics activities to lie between € 1.2 billion and € 1.3 billion at completion. A further description on the basis of what has...