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Imperial Holdings buys 25% stake in MiX Telematics

South African industrial group Imperial Holdings has bought a 25.4 percent stake in vehicle tracking firm MiX Telematics for an undisclosed amount

Imperial Holdings buys stake in MiX Telematics

GE Healthcare appoints Direct Supply Inc as national distributor for GE QuietCare

GE Healthcare has entered into a distribution agreement for its flagship Home Health technology, GE QuietCare, with Direct Supply Inc, a leading provider of eldercare equipment, eCommerce and service solutions to senior living facilities

Domino's Pizza names new EVP, supply chain

Domino's Pizza Inc. has named John Macksood Executive Vice President of the company's supply-chain operations

Asda to introduce fairer supply chain practices

The union Unite and Asda have launched a groundbreaking initiative to end discrimination and unfair treatment across the supermarket chain’s 29 meat and poultry suppliers

United States Postal Service outlines 10-year rescue plan

In the face of unprecedented volume declines and a projected, cumulative $238 billion shortfall in the next decade, Postmaster General John E. Potter has outlined an aggressive 10-year plan

DHL to invest in new Hong Kong facility

DHL has announced plans to invest HK$360 million to expand its operations into a single, multi-user facility for DHL Supply Chain to cater for growth in Hong Kong

Asda takes delivery of 150 new trailers

Supermarket giant Asda has taken delivery of 150 new refrigerated trailers from Schmitz Cargobull

Schmitz Cargobull refrigerated trailer with Asda branding

Parcelforce invests in new green fleet

Parcelforce Worldwide has invested in a fleet of 1,106 Mercedes-Benz Sprinter vans that are fitted with ECO-start technology in order to save fuel and reduce emissions

TNT mail volumes decline

The Dutch express delivery group TNT has reported a 4.7 percent decline in mail volumes as the group expects 2010 mail volumes and results to be below 2009 levels

DHL Supply Chain wins £30m Petroplus contract

DHL Supply Chain has been awarded a five-year contract worth 30 million pounds by Petroplus to handle a range of services

Sustainability initiative saves 124 million HGV miles

The Institute of Grocery Distribution, IGD, has announced that 124 million HGV miles have been taken off UK roads as part of its Efficient Consumer Response (ECR) UK Sustainable Distribution initiative

Tesco to close distribution centre in Middleton

Tesco has announced it is to close its distribution plant in Middleton with the loss of 620 jobs

PD Logistics wins contract with Halewood International

PD Logistics, part of the PD Ports Group, has won a contract with drinks manufacturer and distributor, Halewood International, to handle all imports of Tsingtao Beer from China

FedEx launches new service for shippers

FedEx has launched a new service, FedEx International DirectDistribution, which is designed to help shippers increase efficiency in the importing of goods

Freight forwarding leaders form global alliance

Four Soft Ltd is bringing together the top players from the logistics industry to form a strategic initiative, the Freight Forwarding Industry & Four Soft Alliance (FFIFA)

Germany ranked top for efficient logistics

A survey by the World Bank Group on trade logistics has identified Germany as the top performer among the 155 economies ranked in the Logistics Performance Indicators (LPI)

UK Mail group revenues up 4%

UK Mail Group plc reported that it made “good progress” in its third quarter as group revenues increased approximately 4 percent year-on-year

DHL signs new £113m contract with Debenhams

DHL Supply Chain has signed a new contract worth 113.2 million pounds with Debenhams, extending its 12-year partnership with the department store until 2012

FreightWatch International announces changes to executive structure

FreightWatch International’s former CEO, Kieran O’Connor, has been selected Executive Chairman and Chief Administrative Office, while Barry Conlon was named Group CEO

UPS to axe 1,800 jobs

UPS is to cut approximately 1,800 management and administrative positions across the U.S. as part of a restructuring plan

Jungheinrich launches high performance counterbalance trucks

Jungheinrich has announced the introduction of a range of ultra-high performance counterbalance forklift trucks with hydrostatic drive technology

DHL sells domestic parcel business to Home Delivery Network

Home Delivery Network Limited (HDN) has agreed to acquire DHL’s UK domestic parcel business, DHL Domestic, in a venture that is expected to achieve annual sales of more than 600 million pounds

Maritime Group acquires DHL Container Logistics

Maritime Group Limited has acquired DHL Container Logistics, the container haulage arm of DHL, in a share purchase deal

APL Logistics axes 40 jobs

APL Logistics is to close its Jacksonville office by the end of January, axing 40 jobs

Sical Logistics wins Hindustan Copper contract

India’s Sical Logistics Ltd has been awarded an INR 1.63 billion multimodal logistics contract from government-owned Hindustan Copper

YRC Worldwide extends debt-for-equity deadline

Trucking company YRC Worldwide Inc has extended its debt-for-equity offer until 11.59 p.m. New York City time, on December 30, 2009

Gregory Distribution merges with Hayton Coulthard

Gregory Distribution has announced that its Scottish operation is merging with Hayton Coulthard to form a joint venture, Hayton Coulthard Transport Ltd

Transport Capital Partners survey reports optimistic trucking companies

A survey by Transport Capital Partners (TCP), based on fourth quarter results, has revealed that 51.6 percent of trucking executives believe the economy will improve and freight rates increase in the next 7-12 months

Busiest day of year for U.S. Postal Service

The U.S. Postal Service has said that today, Monday, December 14, is the busiest mailing day of the year

Royal Mail reports profit, pension deficit remains “daunting challenge”

Royal Mail Group made a 184 million pound operating profit in the first half of 2009/10, up 4 percent on last year, but sees pension plan deficit rising

Denby Transport’s ‘Eco-Link’ truck halted on road trial

Denby Transport’s 25 metre long super-truck, called the ‘Eco-Link’, was yesterday halted by police as it took to public roads as part of a trial

Online retailers need varied delivery options, says iForce survey

A new Delivery Options survey by iForce found that only 9.7 percent of online retailers offer AM/PM delivery options, and just 6.9 percent provide evening deliveries, prompting calls for more varied delivery options

UPS predicts busy holiday season

This week, UPS announced its holiday season projections for package volumes, citing December 21 as the busiest day of the year

Scania profits fall as orders dip

Scania has said its profits in the third quarter have fallen from a year ago.

UPS Q3 profit down 43%

UPS has reported that third-quarter net income declined 43 percent from the prior year, to $549 million.

LyondellBasell rolls out global logistics platform

GT Nexus has announced that the polymers, petrochemicals and fuels company LyondellBasell has rolled out its web-based global logistics visibility and control platform for its deep sea cargo.

Third-party logistics market revenues improving

U.S. third-party logistics (3PL) market revenues for the first half of 2009 were lower than for the same period in 2008, but 3PL results improved in most vertical industries from March to August, according to Armstrong & Associates Inc.

Kuehne + Nagel to manage BMW’s Japan distribution centre

BMW has awarded Kuehne + Nagel the management of its spare parts distribution centre for servicing the Japanese aftermarket.

Postal strikes across UK to halt deliveries

Postal workers are to stage a series of one-day strikes this week over pay, jobs and services, which are likely to cause huge disruption to mail deliveries across the UK.

UPS wins Olympics logistics contract

UPS has been appointed the official logistics and express delivery for the London 2012 Olympic Games and Paralympic Games.

India’s logistics sector worth $125bn by 2010

The Indian logistics industry is set to become a $125 billion industry by 2010, an increase of about 17 percent on the current level, according to industry body Assocham.

JLR plant closure threatens supply chain jobs

Following the news that Jaguar Land Rover is to close one of its Midlands plants, experts have said that it could result in job losses in the UK’s supply chain industry.

UPS to launch disaster response initiative

At the Clinton Global Initiative's (CGI) 2009 Annual Meeting yesterday, UPS announced a new initiative to improve the capabilities of relief organisations to respond to global emergencies.

Coca-Cola Amatil signs new contract with Testra

Coca-Cola Amatil has signed a new, 10-year contract with telecommunications firm Testra, in a move the beverage company claims will deliver the supply chain of the future.

CEVA wins Baker Hughes freight contract

Oilfield service company Baker Hughes has awarded a new freight logistics contract to CEVA Logistics.

Kuehne + Nagel to manage Australian Woolworths’ supply chain

Woolworths in Australia and New Zealand has chosen Kuehne + Nagel to manage its inbound supply chain.

Sunoco Logistics completes Excel Pipeline purchase

Sunoco Logistics Partners announced the completion of its acquisition of Excel Pipeline, the owner of the 52-mile crude oil Excel pipeline, from affiliates of Gary-Williams Energy Corporation.

Cert Octavian agrees logistics contract with wine producer

Australian wine producer Brown Brothers has agreed a five-year contract with logistics provider Cert Octavian to manage port to warehouse haulage, storage and distribution.

Wesupply names Keith Deane CEO

Business-to-business supply chain solutions provider Wesupply has announced the appointment of Keith Deane as Chief Executive Officer.

Benetton appoints Kuehne + Nagel to Russian retail operations

Clothing manufacturer Benetton Italy has chosen Kuehne + Nagel to provide integrated logistics services for its domestic retail operations in Russia.

Redhead International introduces China import service

Redhead International has launched a new distribution service for companies importing goods from China in conjunction with Cosco Logistics UK, according to Logistics Manager.com.

Wincanton invests £1m in new fleet

Wincanton has invested more than one million pounds in a new fleet of tractor units for its contracts with HJ Heinz and Adidas.

A Wincanton employee prepares deliveries

Stobart Group predicts strong second half

Multimodal transport company Stobart Group has said it expects strong trading in the second half as a result of recently announced contracts, new business wins and action taken to reduce costs.

Norbert Dentressangle invests in CPC training centre

Norbert Dentressangle Logistics UK is to launch a new learning and development centre which will provide in-house Driver CPC training.

Kuehne + Nagel secures Shanghai distribution deal

Shanghai-based Gigaset Communications Ltd has appointed Kuehne + Nagel to manage its national distribution centre in the city.

A Kuehne + Nagel branded lorry, source: Kuehne + Nagel

The Phoenix Group opens Mexico facility

The Phoenix Group has opened a facility in Monterrey, Mexico as it triples the size of its logistics division, creating new jobs.

Menlo Worldwide Logistics opens export logistics center

Menlo Worldwide Logistics, the global logistics subsidiary of Conway Inc, has created an export logistics center for Caterpillar Inc.

Bowker Transport implements tracking system

Bowker Transport Group has introduced the Masternaut Three X, a fully integrated real-time vehicle tracking and delivery management system, into its fleet.

CitySprint acquires Jaguar Couriers

CitySprint has bought Telford-based Jaguar Couriers for an undisclosed sum as it looks to strengthen its presence in the region.

BDP acquires UK freight forwarder

BDP International, the US freight forwarding company, has acquired UK-based Rostrum Forwarding Ltd.

Pacer to sell heavy-haul trucking operation

U.S. freight transportation and logistics provider Pacer International has entered into an agreement to sell its specialized heavy-haul trucking business to Universal Truckload Services Inc (UTSI).

U-Freight Group opens logistics facility in Singapore

U-Freight Group (UFL) has opened a logistics facility in Singapore that allows appropriate levels of humidity to be maintained.

Capgemini and IBX Group to develop purchasing system

Capgemini America has announced it is working with IBX Group, the provider of e-purchasing software, to develop a global procurement system.

Finished vehicle distribution center for Nissan in the U.S.

Kansas City Southern and Wallenius Wilhelmsen Logistics will establish a finished vehicle distribution center for Nissan in Houston, Texas.

Hermes adopts Blackbay’s mobile worker software

Home delivery company Hermes has chosen Blackbay’s Delivery Connect, a real-time mobile worker software solution for supply chain management.

Dubai creates new logistics corridor

Economic Zones World (EZW) and Dubai Aviation City Corporation have entered into an agreement which will see the creation of one of the largest logistics platforms in the world.

FedEx Ground opens distribution hub in Chicago

The ground delivery unit of FedEx Corp, FedEx Ground, has opened a major distribution hub in Chicago, Illinois as part of its ongoing expansion plan.

Keystone Distribution introduces road speed functionality

The logistics partner of McDonald’s, Keystone Distribution UK, has become the first to implement Paragon’s road speed data functionality to its routing and scheduling software.

Peter Holdsworth, Head of Scheduling at Keystone Distribution UK

United Streetcar and Skoda introduce new tram to Portland

The country’s first homemade light rail model in 60 years meets ‘Buy America’ Act

The City of Portland, OR, will receive a total of six trams.

Real Time Freight Services chosen as a Top 100 Technology Company

Real Time’s solutions have been recognized by Supply & Demand Chain Executive Magazine

Real Time Freight Services has been named a Top 100 Technology Company.

Polar Speed contracts with Four Soft for warehouse solutions

The UK’s Polar Speed is number one in the country for flu vaccine distribution

Polar Speed, UK's number one flu vaccine distributor, is contracting with Four Soft for warehouse management.

Procter & Gamble wins Operational Excellence Award

The global supply chain leader continues to expand and improve its performance

Procter & Gamble recently won the Supply Chain Distinction Award for Operational Excellence.

Cosmeticus H&B partners with Norbert Dentressangle

Logistics provider Norbert will oversee warehousing and distribution

Norbert Dentressangle will handle UK warehousing and distribution for Cosmeticus H&B.

Trimble acquires Accutest Engineering Solutions

The purchase will enhance Trimble’s ability to deliver Mobile Resource Management applications

Trimble has acquired Accutest Engineering Solutions.

CEVA Logistics awarded contract with Alstons Cabinets

CEVA will manage furniture home deliveries in UK and Ireland

CEVA Logistics has won a contract with Alstons Cabinets to oversee its home deliveries.

Weird Fish partners with Eurostop for solutions

Eurostop’s systems will help the primarily wholesale clothing brand expand further into retail

Weird Fish will use Eurostop's solutions to expand its retail operation.

Echo Global Logistics acquires Raytrans Distribution Services

Operating as Echo Global Logistics, the firm will deliver more services to clients

Echo Global Logistics, Inc. has purchased Raytrans Distribution Services, Inc.

DHL Innovation Award entries being accepted

The award is open to young logistics scientists

DHL is offering its Innovation Award for the second year in a row.

Philippine President Arroyo part of Sitel ribbon-cutting ceremony

Sitel’s new contact center expands company presence in the Western Pacific country

Sitel has opened its largest contact center in the Philippines.

Happy Birthday UPC!

The Universal Product Code revolutionized the flow of products and created major economic gains

The Universal Product Code turns 35 this week.

ICF wins subcontract with Transportation Security Administration

The ICF International subsidiary will provide services for the TSA’s Office of Security Technology

ICF Incorporated has been granted a new subcontract with the Transportation Security Administration.

DLJ Express purchased by Arcadia Capital Group

The March Group handled the acquisition of the 3PL provider and transportation management business

Arcadia Capital Group has purchased DLJ Express.

Malcolm Group’s expanded Konecranes fleet to improve workflow, costs

Cooper Specialized Handling supplied the equipment to the logistics and construction provider

The Malcolm Group is using new Konecranes for its rail division.

Schneider National earns Inbound Carrier of the Year award

Dollar Tree recognizes nation’s largest truckload carrier for customer service and high load-acceptance rates

Schneider National, Inc. has won Dollar Tree's 2008 Inbound Carrier of the Year award.

Project Flow 2009 to be held Sept. 9 – 11

The San Francisco event will feature progressive organizations with tips on faster project execution

Project Flow 2009 will take place in San Francisco, CA.

Blackbay contracts with Star Track Express to deliver solutions

Star Track Express will have increased efficiency and real-time visibility of drivers and deliveries

Star Track Express will have real-time visibility of drivers and deliveries through Blackbay's software.

Culina Logistics to provide solutions to RDA Organic

Based in the UK, Culina offers a quick turnaround and flexibility to meet customer requests

Culina Logistics will manage the storage and distribution of RDA Organic's fruit juices and smoothies.

Pacer International to discuss latest financials at Robert W. Baird & Co. conference

An audio version of Pacer International’s presentation will be accessible via the company’s website

Pacer International's Robert W. Baird presentation will be available on the company's website.

PMAC National Conference to be held in June

Canada’s premier event for supply chain management professionals will be held in Quebec City

The 84th Annual PMAC National Conference will be held next month in Quebec City, home of the Chateau Frontenac.

Fresh Direct implements Paragon solutions

The new system allows Fresh Direct more timely, efficient delivery of the freshest produce

Fresh Direct is a leading fruit and vegetable supplier in the UK.

Unipart Technology Logistics

Unipart Technology Logistics’ future prospects appear to be extremely positive as it continues to draw strength from its philosophy, its efficiency and its new technology

H.J. Heinz Company benefiting from Sterling Commerce logistics solutions

Sterling’s business integration and transportation management systems have streamlined Heinz’s operations

H.J. Heinz Company has transformed its logistics with Sterling Commerce's supply chain applications

Ryder to provide Boeing with transportation data improvements

The five-year contract will enable Boeing to better serve its worldwide customers

Ryder and Boeing have entered into a five-year contract for transportation data improvements.

SDR Forum to present 63rd General Meeting

The event will feature an SDR Forum workshop, 'Smart Communications in Transportation Systems'

The SDR Forum will hold a workshop on 'Smart Communications in Transportation Systems' at their General Meeting on June 18.

Thomas Hickey named Velocity’s VP of Worldwide Sales

Hickey brings 25 years of experience to the delivery solutions provider

Thomas Hickey will be expanding Velocity Express Corporation globally as Executive VP of Worldwide Sales.

MailExpress a SmartWay Transport partner

MailExpress teams up with EPA to expand its environmental focus

MailExpress has become an EPA SmartWay Transport partner.

Mojix earns ‘Cool Vendor’ title from Gartner, Inc.

The LA-based Mojix is an innovator in RFID systems, using deep space communications technology

Mojix has been named a 'Cool Vendor' by Gartner, Inc.

Onfreight Logistics: Providing diversified services

Employing a controlled approach to growth has helped President Steve Ondejko develop a company with energy and staying power

Onfreight Logistics is a bonded carrier for both US interational and domestic traffic.

Parsons Brinckerhoff switches to renewable energy

The Manhattan offices of Parsons Brinckerhoff will use electricity produced by wind power

Parsons Brinckerhoff will be using wind energy to power its midtown Manhattan offices.

The GEFCO Group

UK Managing Director, Alain Vignon, tells Exec Digital how the company is planning to maintain its position as a leader in the logistics industry

GEFCO UK and the overall company is focused on being the logistics provider of choice.

Beacon International

Freight forwarder Beacon does it all, whether moving a customer’s goods across the globe or helping with its paperwork

Unipart Technology Logistics

Unipart Technology Logistics’ future prospects appear positive as it continues to draw strength from its philosophy, efficiency and new technology

Multi Packaging Solutions acquires Ivy Hill Corporation

The MPS and Ivy Hill merger will provide a broad range of services to clients

Multi Packaging Solutions, Inc., has acquired Ivy Hill Corporation.

JDA® Software Group reveals Real Results Awards winners

The 10 companies will be highlighted at JDA’s global conference, FOCUS 2009

JDA Software Group, Inc. has announced the 10 winners of its annual Real Results Awards.

D.W. Morgan Asia names Steven Ng Managing Director

Ng will open several offices for D.W. Morgan Asia and expand business opportunities in the Asia-Pacific region

Steven Ng will lead D.W. Morgan Asia in finding more business opportunities in the Asia-Pacific region, including China and Thailand.

New UPS commercials to feature NASCAR’s David Ragan

The campaign is a continuation from a previous UPS ad campaign with Dale Jarrett

UPS has launched a series of commercials with NASCAR's David Ragan. (Associated Press)

Baldwin partners with Betz to expand its print industry solutions

The agreement will allow Baldwin to provide a ‘one-stop shop’ to printers

Baldwin Technology will partner with Betz Technologies to provide more solutions to its customers.

White House ousts GM CEO Rick Wagoner, sets deadline for Chrysler-Fiat alliance

The Obama administration has given GM and Chrysler until Tuesday to file acceptable restructuring plans for their companies

GM CEO Rick Wagoner was forced to resign by the White House in order to help the company restructure. (Associated Press)

OD Global and Hanjin Logistics to offer Pacific Promise service

The partnership between the Old Dominion Freight Line Inc. division and Hanjin Logistics Inc. subsidiary aim to cut days and costs from supply chains

OD Global and Hanjin Logistics will launch the Pacific Promise service on April 1.

DSC Logistics launching FLEXSPACE 2009

The 3PL provider will make it easier for customers to hold extra freight during high-volume times

DSC Logistics is now offering FLEXSPACE 2009 to its customers.

Timmer named Provider Pro to Know

The LeanLogistics Senior VP of Sales/Marketing has been recognized for his vision of advanced information sharing between trade partners

Chris Timmer, Senior VP of Sales and Marketing for LeanLogistics has been named a Provider Pro to Know by Supply & Demand Chain Executive.

GT Nexus launches platform for Nestlé

The new system will manage Nestlé’s ocean freight procurement process in one working environment

Nestlé has implemented a system from GT Nexus to centralize its ocean freight bids.

ChemLogix LLC establishes ChemLogix Global LLC

Aimed at international supply chain and logistics services, ChemLogix Global LLC offers a full range of solutions

ChemLogix LLC has created ChemLogix Global LLC to provide international supply chain and logistics services.

Charming Shoppes to reduce inventory, overhaul supply chain

The Lane Bryant owner is focused on improvement after a $108 million loss in the quarter

Charming Shoppes, owner of Lane Bryant, will be slashing its inventory as it closes stores and streamlines its supply chain.

Nexxio to implement and resell MercuryGate TMS

Shippers will have increased opportunities for reducing costs with the MercuryGate TMS technology

Nexxio will be using MercuryGate TMS in its services.

LCL completes acquisition of Universal Freight Forwarders

The merger will provide UFF’s fruit sector customers with LCL’s comprehensive services

The acquisition will give Universal's fruit-growing customers access to LCL's full range of services.

Freightgate software to help food and beverage supply chain with ISF compliance

Developed with US Customs, Freightgate’s technology can cut costs while improving operations

Freightgate's new Compliance-Trek!™ software will enable food and beverage importers to be compliant with new regulations.

Jaguar and Land Rover’s Quality Award goes to DHL Supply Chain

DHL handled what's believed to be the largest change management program of its kind in Europe’s auto industry

(AP) DHL Supply Chain has received JLR's first Quality Award for Best Business Process Quality Improvement Project.

TK Components to use new ERP system

The Access Supply Chain product will allow TK Components to meet its growth needs

TK Components will be using a new ERP system from Access Supply Chain.

Logistics Link Live is awards finalist

Turnout to this year’s Logistics Link Live is expected to be strong

Logistics Link Live features demonstrations within an actual warehouse.

Agility DGS wins contract with AAFES

Goods will be shipped to Western Iraq via Agility’s supply chain services

Panalpina to cut positions

Like other forwarders, Panalpina faces the challenge of reduced cargo volumes

Panalpina is responding to reduced global cargo volumes.

Kewill releases latest version of ECS

Kewill's enhancements will enable cost-cuts, higher compliance and lower risk

Kewill ECS 3.0 offers enhanced solutions.

BearingPoint collaborates with OXEA on freight optimization project

OXEA now has more streamlined processes

OXEA is a global chemicals manufacturer.

GEFCO: Sharing best practice

The company plans to maintain its position as a leader in the logistics industry.

ChemLogix, LLC introduces global subsidiary

ChemLogix Global helps clients optimize growth and operations worldwide

Ficker joins ShipXpress

The industry veteran will lead the company’s supply chain initiatives

Schenker and BAX Global become DB Schenker

The merge has resulted in more services across a wider coverage area

TDG restructures company to expand services

Additional European operations opening to meet current market

Logistics Link Live returns for second year

The two-day event offers products, seminars and demonstrations to industry professionals

IATA asks companies to align with Cargo 2000 plan for improved operations

The association recommends companies address three key areas

Toyota Boshoku America partners with Walker International Transportation

The minority business will manage Toyota’s in-bound supply chain and transportation logistics.

Radiant expanding Adcom network with new office

The company looks forward to continued growth and value to its customers

ISS’s 2009 Top-Operator’s List is out

The complete list will be published this April and is currently available online.

Greatwide purchased by Centerbridge and D.E. Shaw Group affiliates

Other investors are involved as well and will lower the company's debt and interest burden.

WOW Logistics: A unique opportunity with cheese

The Wisconsin company resides in “America’s Dairyland,” and has capitalized on its vicinity to local cheese makers.

Westwind Tech offers top-flight management software through partnership

The system will help streamline operations, improve accuracy and save dollars

Nike to build logistics center in China

The leading sports apparel and shoe manufacturer is set to build a logistics facility in Asia.

Manhattan Associates, Inc., posts fourth quarter results

Earnings are in line with adjusted guidance previously issued for the quarter.

Supply Chain Carbon Coalition to hold inaugural discussions in Brussels

Supply chain executives from companies including Toyota, Nestle, Vestas and Asda/Wal-Mart are expected to attend.

No equity financing for Grand Power Logistics

Shaky market conditions have led to a change in plans for Grand Power Logistics Group Inc.

UPS profit hit by charge for trucking unit

United Parcel Service Inc on Tuesday reported a quarterly profit that was hit by a charge at its trucking unit and said the global economic decline had taken a heavy toll on package volumes and it would be cutting costs.

United Parcel Service (UPS) employee Alfred Vasquez refuels his vehicle with compressed natural gas (CNG) at a UPS facility in Los Angeles, California July 22, 2008. REUTERS/Fred Prouser

Wincanton may cut workforce

About 875 jobs are at risk at distribution company Wincanton after it confirmed that two of its depots may close in the spring.

FedEx cuts marketing spend by more than 25 percent

FedEx Corp has cut its marketing budgets by more than 25 percent in 2009 as part of its response to the bleak U.S. economy, the package delivery giant said on Wednesday.

A Federal Express truck goes out on deliveries from a FEDEX station in Los Angeles, Calfiornia June 18, 2008. REUTERS/Fred Prouser

DHL wins Crossrail logistics contract

Logistics company DHL Exel Supply Chain will shortly begin work on a logistics study to minimise the impact of Crossrail’s construction on central London.

Fedex posts profit, reaffirms outlook

Package delivery giant FedEx Corp reported a higher profit for its fiscal second quarter, meeting expectations, but announced a 20 percent pay cut for CEO Fred Smith and said it was suspending retirement plan contributions as the U.S. economy's outlook looks bleak.

A FedEx delivery truck drives past in Miami Beach, Florida June 18, 2008. REUTERS/Carlos Barria

UPS identifies supply chain issues

47 percent of global companies need to take more care of their supply chain, according to a survey run by the Economist Intelligence Unit and sponsored by UPS.

UPS survey with the Economist Intelligence Unit has identified supply chain issues

TomTom launches truck model

TomTom Work has launched a satellite navigation system especially designed for trucks and lorries.

Northgate reports 46% loss

Northgate plc, the biggest provider of leased vans in Spain and the UK, said first-half profit fell 46 percent as rentals and sales of used vehicles dropped amid a deteriorating European economy.

FedEx slashes outlook, shares fall 11 percent

FedEx Corp said on Monday it expects to report a better-than-expected second-quarter profit, but slashed its fiscal 2009 outlook as a weakening U.S. economy offsets lower fuel prices, sending its shares down more than 11 percent in after-market trading.

A delivery truck returns to a FedEx sort facility in Boston, Massachusetts June 18, 2008. REUTERS/Brian Snyder

Celadon buys Continental Express

Truckload carrier Celadon Group Inc has stated that one of its units has bought much of trucking firm Continental Express Inc for $24 million.

Wincanton wins supply chain contract from Deckers

Wincanton has secured a two year contract from Deckers Outdoor Corporation, the parent company for footwear brands such as Ugg Australia, to manage its supply chain between Asia and the UK.

Logistics and Distribution