Headquartered in Australia, the Toll business has come a long way since it started in 1888 in Newcastle hauling coal with horse and cart and is Australia’s largest transport company with operations in road, rail,sea and air. In 1986, Toll was sold to a management buyout team, and in 1993 the company was listed on the Australian Stock Exchange (ASX). Since the listing, Toll has progressively grown into a leading ‘integrated total logistics provider’ locally and … [Read more...] about Toll forges ahead, focuses on Asian acquisitions
Logistics
CEVA Logistics
CEVA Logistics, one of the leading supply chain companies in the world, today announced the appointment of Charles Wellins to the position of Vice President of the Ocean Freight division for the Asia Pacific region. In his new position, Charles will spearhead the strategic development of ocean freight operations, services and sales for the Asia Pacific region, and will be based in Hong Kong. He will also build and lead a robust ocean organisation structure for Asia Pacific, with further … [Read more...] about CEVA Logistics
CEVA sued over toxic cargo in
Sulpicio Lines Inc., owner of MV Princess of the Stars that capsized in the Southern Philippines off Romblon in June, recently initiated court action to sue the air-and-sea freight services firm that loaded the toxic endosulfan cargoonboard the ill-fated passenger vessel. In an amended complaint, the shipping firm said CEVA Logistics Inc. did not inform them of the nature of the cargo, which it said is in violation of their contractual and legal agreement. This made CEVA a co-defendant in … [Read more...] about CEVA sued over toxic cargo in
Speciality logistics firms merge in US
Rock-It Cargo LLC announced recently that it has merged with Dietl International Services. Both companies are based in the US and specialise in “time critical international logistics for complex shipping situations”. Rock-It provides logistics services in the music touring and live events sector while Dietl offers shipping services to the fine arts industry. “Rock-It’s experience and reach will really add to the options available to our operations staff ,” said … [Read more...] about Speciality logistics firms merge in US
Cold chain logistics opportunities
According to the latest report published today by Transport Intelligence (Ti) in association with the Global Cold Chain Association (GCCA), developing markets such as China, India and Vietnam represent the greatest opportunities for cold chain logistics. The report, Global Cold Chain Logistics 2008/9, has found that supply chains in these countries are extremely under developed, particularly those for refrigerated foodstuffs. Research identifi ed that as much as 40 per cent of the dairy … [Read more...] about Cold chain logistics opportunities
K+N still experiencing growth
Swiss global forwarder and logistics provider Kuehne + Nagel recently announced its results for the nine months to the end of September, figures which suggested a slowing of market demand but higher profits. In the January-September period, K+N experienced lower sales growth but higher profi ts. Indeed, the company points to hardening profit margins, citing transpacific traffic out of the US as being particularly healthy. The company also explains its strengthening margins over the year to … [Read more...] about K+N still experiencing growth
