Swiss Post International (SPI) saidit has acquired FM Verzollungs AGin Basel. The customs agency alreadyworks for Swiss Post GLS – a Swiss Postcompany – and handles import andexport customs clearance on its behalf.The acquisition will strengthen SPI'sposition as a leading provider of importand export services. By taking over FM Verzollungs AG,Swiss Post International has expandedits competency in customs clearance.In addition to integrating customsclearance services, which have … [Read more...] about SPI strengthens customs competency
Freight Forwarders
DFW’s focus on Asia is paying off
With seven Asian airlines currently running 39 flights a week to and fromDallas/Fort Worth International Airport, plus increased interest fromcarriers in using DFW as a transfer hub for cargo between Latin Americaand Asia, DFW has become a major US hub. Karen E. Thuermer reports. Asia is an important market to DFWand represents half of the airport'sairfreight volumes. According to airportstatistics, January - October 2006volumes were up over 22 percent overthe same period last year. This … [Read more...] about DFW’s focus on Asia is paying off
CEVA awarded contract with GM
CEVA Logistics has expanded its activitieswith General Motors outside theUS with a new contract with GeneralMotors (Thailand). This is the first logistics contractbetween CEVA and GM in Thailand. 'General Motors is the biggest automotivecompany in the world, and theiroperation in Thailand is extensive,'commented CEVA's business development director Matthew Stimpson. 'The new contract will further strengthen our global relationship with GM, which includes significant operations in the US, … [Read more...] about CEVA awarded contract with GM
SLFFA to build logistics academy
Identifying a critical need of thelogistics and the trading community,the Sri Lanka Freight ForwardersAssociation (SLFFA) has come forwardto set the first academy to build capacityin international trade and transportationin Sri Lanka, a press release said. This is the first time a transport servicesector association has stepped into aventure that will offer new opportunitiesto the school leavers and industryemployees to get practical experienceand knowledge through working withthe industry and … [Read more...] about SLFFA to build logistics academy
Emirates joins DHL partnership
Emirates Group Security and DHL Global Forwarding have signed a memorandum of understanding (MoU) in Strategic Air Cargo Security Partnership, a DHL Global Forwarding initiative. As one of DHL's preferred air carriers, Emirates is one of the first airline partners to join this programme. The aim of this security partnership programme is to work together and to agree on standard operating procedures(SOP) for high-value and high-risk air cargo, to share best practices and information on crime … [Read more...] about Emirates joins DHL partnership
INDONESIA: IPO of Garuda awaits strategic partner
Flag carrier Garuda Indonesia mayhave to extend the waiting period foran initial public offering. The Departmentof State Owned Enterprises(SOE) has scheduled the carrier and itssubsidiary companies for initial publicoffering/IPO this year 2007. However, the company is still uncertainas it is waiting for strategicinvestors to join. It is planned thatthe government, as the carrier's soleshareholder, will release 49 percent ofshares to strategic partners. The government has agreed torelease … [Read more...] about INDONESIA: IPO of Garuda awaits strategic partner