-
The future vision for RFID technology lies in achieving completely automated sensing networks that can react to external changes in real time.
-
The Special Committee of EGL’s Board of Directors has received a revised definitive proposal from CEVA Group Plc, a UK public company that is owned by affiliates of Apollo Management, L.P. (the “CEVA group”), increasing the consideration to holders of EGL common stock to $47.50 per share in cash. The definitive proposal includes financing commitments.
-
CEVA Logistics, an Apollo Management VI, L.P. portfolio company, today announced that it has submitted an increased proposal to the Special Committee of the Board of Directors of EGL, Inc. (NASDAQ: EAGL) to acquire EGL for approximately $2 billion, or $47.50 per share, in cash.
-
The freight forwarding market has been a major beneficiary of an increasingly globalised world economy. The development of extended supply chains, integrating manufacturers, suppliers and retailers on a worldwide basis, has led to significant year-on-year growth in international trade volumes. Freight forwarders revenues - and profits - have surged and this has resulted in structural [...]
-
Swiss based Panalpina has become the latest forwarder to announce a strong set of figures for the first quarter of 2007, with profits doubling year-on-year.
-
Kuehne + Nagel last week outlined its plans to become both a force in contract logistics and freight forwarding in Asia. This will largely focus on what it perceives as the two largest potential markets – China and India.
-
The Hamburg Süd Group (including the Brazilian shipping company Alianca) has increased cargo volume on its liner services by around 21 per cent, to 1.84 million TEU (2005: 1.52 million TEU). Alongside organic growth, this rise was aided by the takeover of the cross-trade operations of the Russian shipping company Fesco, which took effect on [...]
-
Following what has now become a familiar path, DHL has announced the start of an investment programme in Vietnam, aiming to establish a nationwide infrastructure including hubs in Hanoi and Dong Nai and depots in Da Nang and Hai Phong. DHL follows on from rivals such as FedEx that have sought to establish own account [...]
-
Big things do not happen every day in a discipline and practice like logistics or for that matter in the supply chain. A big thing may be more in the line of a new standard. Forbes.com visited with Adrian Gonzalez, an analyst for the ARC Advisory Group and its specialist in the supply chain.
-
U.S. Customs and Border Protection (CBP) now requires that all trucks electronically submit manifests that provide data on both the cargo and carrier prior to arriving at the border. The mandated procedure seeks to shorten crossing times for the 21,000 trucks that move across the southern border each day.
-
Strong international performance and improvements in its supply chain and freight segments helped offset the impact of a slowing U.S. economy for UPS, according to CEO Mike Eskew. Aging aircraft and costs for a voluntary separation program diluted earnings.
-
Six Sigma was originally developed by Motorala in 1986 as a way of measuring defects and improving quality. Since then it has been one of the leading methodologies to not only eliminate process waste but to turn it into business growth. Here, we look at the history and basic concepts of Six Sigma.
-
Considering the challenging domestic transportation environment shippers are facing, compounded by the race to stretch their supply chains around the global, we were hardly surprised to find that respondents to the Logistics Management’s 5th Annual Software Users Survey are realizing operational value in software investment. In turn, shippers report that they’re planning to purchase or [...]
-
Considering the challenging domestic transportation environment shippers are facing, compounded by the race to stretch their supply chains around the global, we were hardly surprised to find that respondents to the Logistics Management’s 5th Annual Software Users Survey are realizing operational value in software investment. In turn, shippers report that they’re planning to purchase or [...]
-
The Port of Rotterdam Authority (PoR) and terminal operator ECT are constructing the new “Delta Barge Feeder Terminal” (DBF) at Maasvlakte. The terminal is specially designed for handling inland vessels and feeder vessels.
-
The Port of Rotterdam Authority (PoR) and terminal operator ECT are constructing the new “Delta Barge Feeder Terminal” (DBF) at Maasvlakte. The terminal is specially designed for handling inland vessels and feeder vessels.
-
Figures published this week on the growth in the Chinese economy and the related US trade deficit are worth pondering for their implications on the logistics sector worldwide.
-
Figures published this week on the growth in the Chinese economy and the related US trade deficit are worth pondering for their implications on the logistics sector worldwide.
-
TDG, the UK based logistics provider, has announced changes in its senior management that appear to indicate issues with its strategy.
-
TDG, the UK based logistics provider, has announced changes in its senior management that appear to indicate issues with its strategy.
-
Global logistics provider Kuehne + Nagel has continued to deliver good results. In the first quarter of 2007 turnover increased by 13.5 per cent to CHF 4,869.5 million (€2,967m) and profits (EBITDA) improved by 15.4 per cent to CHF 229.8 million (€140m).
-
Global logistics provider Kuehne + Nagel has continued to deliver good results. In the first quarter of 2007 turnover increased by 13.5 per cent to CHF 4,869.5 million (€2,967m) and profits (EBITDA) improved by 15.4 per cent to CHF 229.8 million (€140m).
-
For supply chains to keep pace with an increasingly complex global market, innovation is essential. Professor Sheffi from MIT presented at the Supply Chain Conference “Crossroads 2007″ in Zaragoza his top ten of supply chain innovations
-
KODAK recently filed a patent for a digestible radio frequency identification tag, which would monitor the ingestion of medicine, but Kodak won’t divulge its commercial intentions.
-
Three years ago when Wal-Mart announced its famous supplier “mandate,” the business press was buzzing with stories of RFID (radio frequency identification). But after that initial surge of attention, which lasted about a year, the buzz seemed to die down. Companies began to step back and say, in effect, “Hey, what’s in this thing for [...]
-
The developments in the Customs and Indirect Tax areas are moving rapidly. Especially within the European Union (EU) there are a lot of developments in the Customs area which are poised to harmonize customs handling processes across the whole EU region.
-
Some call it the weakest link in the supply chain, while others see it as an opportunity to save money and work smarter, better, and faster. Either way you look at it, transportation management has come to the forefront for shippers that are looking for more efficiencies, and it has pulled the Transportation Management Systems [...]
-
ProLogis has released a new report on the state of the logistics property markets in Japan. The report, entitled “Japan’s Logistics Property Markets - Drive to Efficiency,” explores the transformation of Japanese industrial real estate over the past six years.
-
Kerry Logistics - the international logistics provider - is expanding into Eastern Europe. It has founded a national company and opened its first branch in the new EU member states in the Czech Republic’s second-largest city, Brno .
-
China shipping Container Liners Co., Ltd (CSCL) announced the 2006 Annual results. For the period, CSCL recorded a turnover of RMB30,502,378,000, achieving an increase of 7.5% as compared with the same period last year. However, because of the rising of fuel price ,the falling of freight rates in main trade lanes , and RMB [...]
-
The freight forwarding market has been a major beneficiary of an increasingly globalised world economy. The development of extended supply chains, integrating manufacturers, suppliers and retailers on a worldwide basis, has led to significant year-on-year growth in international trade volumes. Freight forwarders revenues - and profits - have surged and this has resulted in structural [...]
-
“Big things” don’t occur overnight in the logistics industry. Since so many different parties are involved in the movement of goods, across so many countries, it often takes a lot of time to get everybody’s buy-in. But once everybody agrees on a standard, whether for a physical object like a shipping container or [...]
-
The annual results for global shipping giant Maersk signal a severe set back to the company’s strategy in container shipping. Although the wider A.P. Moller Group had higher overall profits at US$6.048bn, the Maersk container shipping division, which is the group’s largest business, suffered a loss.
-
MAERSK Line, the world’s largest container carrier, will grow more slowly than the wider container shipping market this year after AP Moller-Maersk, its parent, decided it should focus on profitability rather than market share. Copenhagen-based AP Moller-Maersk announced the changed strategy following record pre-tax profits of $US6.05 billion, up from $US5.54 billion in 2005, on [...]
-
Deutsche Bahn (DB) has been the latest big logistics service provider to announce bumper profits and big increases in revenue. The headline figures announced by the CEO, Hartmut Mehdorn, were strong with a 20% increase in revenue to €30bn and an EBIT up by €1bn to €2.5bn, but the figures for DB’s logistics business seem [...]
-
Selecting the right warehouse management system (WMS) for your unique business is critical to your company’s future success. WMS solutions lacking robust functionality will negatively impact customer relationships and severely limit your ROI.
-
The Port of Hamburg Achieves a Record Again in 2006: Cargo Volumes Total Around 135 Million Metric Tons and 8.9 Million Containers (TEUs)
-
The battle to buy US freight forwarder EGL has taken a new twist. Private equity company Apollo, which made a counter offer to the consortium led by CEO James Crane, has issued a writ against EGL, claiming that it has not been given adequate access to its books or senior management. At the same time, [...]
-
Kuehne + Nagel has announced its medium-term development plans in contract logistics for the UAE and greater Gulf region. Key to the company’s expansion strategy is its second logistics hub in Dubai, which will go into operation in the course of next year, strategically located in Dubai Logistics City.
-
The Rhine river is closed to shipping near Cologne in Germany after an accident involving a container ship over the weekend.
-
Secretive shipping and oil conglomerate AP Moller-Maersk has gone on the counter-offensive after the Liberal tax minister, Kristian Jensen, accused it of paying too little in corporate tax. Maersk chose to take the extraordinary step of publicly stating that it paid DKK 9.1 billion in taxes in 2005, including DKK 3.6 billion in corporate tax.
-
Dr. Jos Vermunt’s enthusiasm for logistics shows. Throughout a discussion of European logistics developments, his voice rises to emphasize an important point. He says that European logistics is entering a new era of responsiveness and agility.
-
Mandates have cooled but adoption continues to boom in some industry segments. Will you have a strategy in place when RFID steps out of the planning stages and into reality in your market?
-
Shippers can see significant reductions in their overall freight budgets by doing things like centralizing freight procurement operations, implementing a formal spend management process, and mining transportation and freight spend management data to improve cross-functional business decisions, according to a survey of 380 shippers conducted by Aberdeen Group, the Boston-based research firm.
-
Old Dominion’s Chinese partner is Cargo Services Far East Ltd., the country’s largest privately owned integrated logistics provider. With its headquarters based in Hong Kong, Cargo Services currently operates 28 offices throughout the country with an additional 13 to be opened by the end of the year.
-
DSV, the Danish logistics company formerly known as DFDS, has announced annual pre-tax profit figures just 3% above last years at DKK1.01bn (€13.7m). EBIT was up 15% to DKK1.22bn on an increase in sales of 39% to DKK 32bn.
-
FedEx third quarter results (3Q), delivered last week, brought the string of good figures from large LSPs down to earth with a bump. But this leading indicator may underestimate the fall in prospects for the logistics market in the next twelve months.
-
Deutsche Post World Net has published detailed figures for 2006, having only announced a short summary of its results last month. The headline numbers were satisfactory, with Earnings Before Interest and Tax (EBIT) up 2.9% at €3.87bn and revenue growing 35% to €60.5bn after acquisitions.
-
EGL announced that the Special Committee of its Board of Directors has received a written proposal, dated March 19, 2007 from Apollo Management L.P. expressing its interest in the acquisition of EGL, Inc. for $40.00 per share, subject to certain conditions, including expedited confirmatory due diligence. The Special Committee determined that, under EGL’s Merger Agreement [...]
-
In this years edition of the the Asian Freight and Supply Chain Awards DHL is again the most nominated company. Last year DHL was nominated for seven awards and took six awards back home. This year DHL is again nominated for seven awards. The AFSCA awards are designed to honour the respective winning organizations for [...]