Integrated logistics company, the Toll Group, has announced it will acquire WT Sea Air Group (WT) and Genesis Forwarding Group (Genesis) to become one of the top UK forwarders. WT is principally a UK inbound business from Asia specialising in the provision of global forwarding and value added services such as bonded warehousing, pick-pack, garment re-hanging, vacuum packing and final mile delivery services, with its customer base principally in the retail fashion segment. Genesis specialises … [Read more...] about Toll Group acquires two UK freight forwarders
Logistics
CEVA enters Italian pharma logistics market
CEVA Logistics has announced its entry into the pharmaceutical market in Italy following the acquisition of DIMAF Pharma Supply Chain, a pharmaceutical supply chain specialist company which has been active in this sector for more than 30 years and is among the top five in pharma-logistics in Italy. DIMAF manages the supply chains of around 30 pharmaceutical companies, including several multinationals. … [Read more...] about CEVA enters Italian pharma logistics market
Geodis strengthens African business focus
Geodis and the Ivory Coast group Sivom have announced the creation of a joint entity, Movis International, to expand their service offering and strengthen their position across central and western Africa. Geodis Wilson, the Geodis group’s Freight Management division, has been present in Africa since 1998, mainly operating in air and sea transport commissioning, port consignments and handling, warehousing and logistics for major industrial projects. Sivom has been in Africa since 1973 … [Read more...] about Geodis strengthens African business focus
DHL Forwarding sharpens Africa focus
DHL has announced that its Global Forwarding division will be investing further in the African region to bolster its established position in Sub-Saharan Africa. The company also confirmed that Sub-Saharan Africa has been integrated into the South Asia Pacific region under leadership of Singapore-based Amadou Diallo who is a member of the DHL Global Forwarding Freight Executive Board and was born in Senegal. DHL intends to leverage the expertise built in Singapore in sectors such as Oil and … [Read more...] about DHL Forwarding sharpens Africa focus
FedEx expands freight services in Israel
FedEx Trade Networks, the international ocean and air freight forwarding arm of FedEx Corp, has selected Fritz Companies Israel as its exclusive regional service provider (RSP) in Israel. Since 2008, FedEx Trade Networks has opened 26 company-owned offices throughout Europe, the Middle East, Africa, Asia and Latin America as a part of its ongoing global expansion plan. In countries where it does not operate directly, the company has formed alliances with select RSPs to support its ocean and … [Read more...] about FedEx expands freight services in Israel
Cargo demand continues to recover: IATA
The International Air Transport Association (IATA) announced international scheduled traffic statistics for June which showed continued strong demand growth as the industry recovers from the impact of the global financial crisis. Compared to June 2009, international scheduled freight traffic showed a healthy 26.5 per cent improvement while international passenger demand was up 11.9 per cent. International freight demand growth was down from the 34 per cent recorded in May 2010. May was … [Read more...] about Cargo demand continues to recover: IATA
