Kuehne + Nagel in Thailand has been awarded a three-year contract by Black & Decker (Thailand) Ltd. Under the new agreement, K+N is responsible for the receipt of inbound shipments, warehousing and national distribution. In addition, a wide range of value-added services, including spares part management, are provided. To meet the sophisticated logistics requirements of Black & Decker, K+N has taken a new 4,200 sqm warehousing facility in Bangkok into operation. "Kuehne + … [Read more...] about Black & Decker inks deal with K+N Thailand
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Dachser invests in India
Logistics provider Dachser has set up a 50:50 joint venture with Indian logistics company, AFL. Headquartered in Mumbai, the new company "AFL Dachser Pvt. Ltd" has over 30 branches of its own in India. The board members are the AFL chairman and managing director Cyrus Guzder, AFL director Farukh Guzder and the Dachser managing directors Bernhard Simon and Thomas Reuter, while Detlev Janik, incumbent ¡®global head ¨C cargo', AFL, has been appointed CEO of the new joint … [Read more...] about Dachser invests in India
TGL reorganises North Asia structure
Trans Global Logistics (TGL), a Hong Kong-based logistics company, has reorganised its operations in North Asia. The move will complement the company's country-by-country management, operations and sales organisation with a new structure, which focuses on building business and delivering customer service on a region-wide basis. The realignment places five countries within the Trans Global Logistics network under the North Asia region: Japan, Korea, Taiwan, Hong Kong and Vietnam. Donald … [Read more...] about TGL reorganises North Asia structure
Australian govt to fund new logistics strategy
The Australian government has announced it will provide the Australian Logistics Council (ALC) with $1.6 million over the next four years ($400,000 per year) to develop and lead a new strategy for the Australian transport and logistics industry. The acting prime minister and minister for transport and regional services, Mark Vaile, made the announcement at the ALC's fourth annual forum. The continued funding was recommended by an independent review of the current Australian Logistics … [Read more...] about Australian govt to fund new logistics strategy
Launches first freight payment bond in China
Aktiv Group, a leading European insurance broker, has launched a multi-modal cover policy and a freight payment bond product into China's fast growing freight forwarding sector, targeting thousands of small-to-medium sized companies. The freight payment bond is the first insurance scheme on offer to more than 15,000 SME freight forwarders in China, and provides affordable cover against outstanding freight costs due to bankrupt agents. Previously freight payment bonds were mainly … [Read more...] about Launches first freight payment bond in China
BAE Systems extends freighter programmes
BAE Systems Regional Aircraft expanded its freighter operations portfolio during 2006 and brought in more than US$350 million of new business overall, managing director Alan Fraser said. The ATP freighter programme secured further leases from lead operator West Air Sweden as well as business from new customers Atlantic Airlines, First Flight Couriers and Magic Bird. Regional Aircraft secured six further new customers covering the BAe 146/ Avro RJ, ATP passenger turboprop, and Jetstream … [Read more...] about BAE Systems extends freighter programmes
