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Sensing Future Opportunities for RFID
Posted: May 24th, 2007, 12:25am by Paul Denneman
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The future vision for RFID technology lies in achieving completely automated sensing networks that can react to external changes in real time. -
EGL determines CEVA offer is a superior proposal
Posted: May 24th, 2007, 12:21am by Paul Denneman
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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 increases proposal to acquire EGL for $2 billion in cash
Posted: May 24th, 2007, 12:17am by Paul Denneman
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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. -
Trends in the Global Freight Forwarding Industry
Posted: May 24th, 2007, 12:15am by Paul Denneman
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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 [...] -
Excellent first-quarter figures crown the career of Panalpina’s retiring Chairman
Posted: May 24th, 2007, 12:13am by Paul Denneman
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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 Seeks Rapid Growth in India & China
Posted: May 24th, 2007, 12:04am by Paul Denneman
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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. -
Hamburg Sud volumes rise 21%
Posted: May 1st, 2007, 1:56pm by Paul Denneman
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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 [...] -
Vietnam developing as Asian rival to China
Posted: May 1st, 2007, 1:50pm by Paul Denneman
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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 [...] -
The Big Things In Logistics
Posted: May 1st, 2007, 1:40pm by Paul Denneman
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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. -
Electronic Manifests Must be Filed at Southern Land Ports
Posted: May 1st, 2007, 1:35pm by Paul Denneman
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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.