Australia-based Toll Group has announced yet another acquisition, with the A$80 million (US$71 million) purchase of Summit Logistics International (Summit), one of the US’ leading independent freight forwarding and supply chain businesses, according to Toll. Summit generates annual revenue of around A$300 million and is a key provider of ocean freight services on the transpacific trade lane. Based out of New Jersey, Summit provides integrated logistics services to its customers … [Read more...] about Toll acquires US forwarding business
Logistics
GAC partners AT&T Williams F1 team
Global logistics company, the GAC Group, has entered into a partnership agreement with the top Formula One (F1) motor racing team, AT&T Williams, to develop cost efficient logistics services in support of their efforts to meet the demands of an industry-wide cost reduction programme. Under the agreement, GAC will provide efficient logistics support in connection with the company’s Formula One freight requirements and oversee the management of the equipment for a challenging … [Read more...] about GAC partners AT&T Williams F1 team
TIACA chairman says air cargo well positioned
Air cargo can emerge from the global economic crisis in a stronger position than other transport modes as manufacturers rethink their production and supply chain strategies, says the chairman of The International Air Cargo Association (TIACA), Ulrich Ogiermann. Manufacturers and other businesses will be more reluctant than ever to tie up vast investment in stock, taking them back to the principle of ‘just-in-time’ production, he said. This, he added “demands the speed, … [Read more...] about TIACA chairman says air cargo well positioned
Kuehne + Nagel handles Roche logistics in Chile
Kuehne + Nagel has been awarded a contract to manage the warehousing and distribution activities for Roche Chile. Under the terms of the agreement, Kuehne + Nagel will handle end-products and raw materials. The services also cover the handling of sensitive cargo such as temperature-controlled biotechnological products and psychotropic medicines. Kuehne + Nagel will support Roche Chile in optimizing its distribution processes, improving the performance of the 2,000 sqm logistics warehouse in … [Read more...] about Kuehne + Nagel handles Roche logistics in Chile
Schenker Malaysia attains ISO 28000:2007
DB Schenker Logistics (Malaysia) Sdn Bhd has said it is the first company in Malaysia to attain ISO 28000:2007 certifications on Supply Chain Security. This certification, which was audited and issued by Lloyd’s Register Quality Assurance (LRQA), is a specification for the security management system of the supply chain that also includes risk assessment and operational systems for dealing with fraud, among other elements. “This indeed underscores our commitment to constantly … [Read more...] about Schenker Malaysia attains ISO 28000:2007
Oz Logistics Council calls for smarter supply chains
The Australian Logistics Council (ALC) — representing Australia’s road, rail, sea and air logistics providers — has released a discussion paper aimed at boosting the efficiency and sustainability of the Australian logistics industry. The report titled: “A Smarter Supply Chain — Using Information & Communications Technology (ICT) to Increase Productivity in the Australian Transport Logistics Industryâ€Â, hopes to lead to implementation of … [Read more...] about Oz Logistics Council calls for smarter supply chains