Friday, October 31 ,2003 GAC clinches long-term contract with Tiens Malaysia GAC Malaysia has won a third party logistics (3PL) contract with Tiens Health Development, also known as Tiens Malaysia, to provide warehouse management and third party logistics services. The long-term contract will see GAC Malaysia provide Tiens Malaysia with integrated, end-to-end services including clearance of inbound sea and air import shipments from Tiens’ regional sourcing markets, transportation of finished…

Thursday, October 30 ,2003 Kuehne and Nagel sees income jump by 23.2pc over first nine months OVER the first nine months of this year logistics group Kuehne and Nagel achieved a net income of CHF133.6 million (US$101 million), a 23.2 per cent improvement on same period last year. Turnover increased by 6.6 per cent to CHF 6.9 billion. At CHF 230.7 million, the operational result (EBITA) is 3.3 per cent…

Wednesday, October 29 ,2003 Indian railways showing long haul success INDIAN railways transported 266.43 million tonnes (MTs) of revenue-earning freight traffic during the first half of the current financial year, ending September, as against a target of 259.19 MTs. The target was exceeded by 7.24 MTs. This is 18.56 MTs higher than the corresponding period of the previous year when 247.87 MTs were carried. The performance of railways revenue-earning freight…

Tuesday, October 28 ,2003 Bosch, Schenker Logistics ink China distribution deal BOSCH Trading Shanghai (BTS) and Schenker Logistics Shanghai (SLSC) have signed a distribution contract, the companies said. Under the three-year agreement, BTS is to outsource all of its logistics business in China to Schenker. “The basic scope of our service for Bosch is the warehousing operation. The SLSC will function as a distribution centre for its Chinese market,” said…

Monday, October 27 ,2003 New Australian Customs house opens AUSTRALIA’s new Customs house in Gladstone will provide state-of-the-art surveillance of local wharves and lend support to customs officers working to ensure Australia’s borders are safe and secure, Senator Chris Ellison, Minister for Justice and Customs, said at the opening of the facility. Senator Ellison said the new Customs house was part of an unprecedented investment in border protection in Queensland…

Saturday, October 25 ,2003 Telstra gets digital certification approval AUSTRALIAN Customs has approved Telstra as a certification authority for the purpose of providing digital certificates to Customs and its clients. These certificates may be used for electronic communications with the new import/export Integrated Cargo System (ICS) associated with Customs Cargo Management Re-engineering (CMR) project. Customs and Telstra are about to enter into negotiations over the details of how and when…

Thursday, October 23 ,2003 Scrap metal transportation to Asia to grow more expensive CONTAINER lines operating from the US to Asia are seeking a two-stage increase in freight rates for shipments of metal scrap in the coming months. As demand for metal scrap has grown throughout Asia in recent months, Westbound Transpacific Stabilisation Agreement (WTSA) carriers said in a statement that they want a freight rate increase of US$100 per…

Wednesday, October 22 ,2003 WCA heads for conference in Bangkok WORLD Cargo Alliance, the Miami, Florida-based global network of independent freight forwarders, has chosen Bangkok to host its sixth annual worldwide conference. The site of the meeting will be the Plaza Athenee Hotel where more than 400 attendees representing WCA members in nearly 100 countries will come together over a four day period February 11-14, 2004. The meeting agenda will…

Tuesday, October 21 ,2003 Swift Transportation sees third quarter results improve SWIFT Transportation Inc., a US truckload fleet operator, reported its third quarter revenues increased 16.2 per cent to US$623.9 million, compared with $537.0 million for the corresponding quarter of 2002. The company said the third quarter included $21.3 million in fuel surcharge revenue versus $10.5 million in the third quarter of 2002. Excluding this fuel surcharge revenue, the increase…

Monday, October 20 ,2003 PSA operations handle more boxes in September PSA handled a total of 2.31 million TEU in September, both in Singapore and at its other global terminals, a rise of 6.9 per cent over the same month last year. According to company figures, the total can be broken down into 1.53 million TEU for Singapore, an increase of 8.5 per cent year-on-year; and 790,000 TEU for its…

Saturday, October 18 ,2003 MOL expands ECSA/ WCSA services MOL is to expand its east coast South America (ECSA) and west coast South America (WCSA) services. Previously, MOL offered ECSA/WCSA service with its monthly South America/ Oceania service. MOL said it is upgrading frequency to a nine-day interval, in co-operation with Buenos Aires-based Maruba SCA, with a combination of coastal space on MOL’s Asia-ECSA service and Maruba’s Argentine WCSA service….

Friday, October 17 ,2003 ANL adds US service to a pair of transpacific loops AUSTRALIA National Line (ANL) has added a new US service to its two existing transpacific loops. The new service – known as Medusa Express – operates on a fixed-day, weekly basis between the main ports in the Mediterranean and US east coast on CMA-CGM’s Amerigo Express service. The rotation is: Malta, Livorno, Fos, Valencia, Lisbon, New…

Thursday, October 16 ,2003 Port of Tauranga and Tranz Rail form MetroBox in joint venture THE Port of Tauranga and Tranz Rail have formed a 50/50 joint venture, MetroBox Auckland Ltd, which will purchase and operate the container storage and repair business owned by Tranz Rail, formerly known as Auckland Box. Chief executive of the Port of Tauranga, Jon Mayson, said that under the new ownership the MetroBox operation would…

Wednesday, October 15 ,2003 Singapore sees rise in August throughput THE Port Authority of Singapore has released preliminary througput figures for the month of August that shows an increase of 10.1 per cent per cent year-on-year to 1.622 million TEU from 1.473 million TEU in the corresponding month in 2002. Over the first eight months, Singapore’s throughput grew by 6.7 per cent to 12.017 million TEU. In 2002, Singapore handled…

Tuesday, October 14 ,2003 Freight News PTP Phase 2 berths to increase capacity next year THE Port of Tanjung Pelepas (PTP) is set to increase its capacity further with the scheduled completion of the first two berths of the port’s Phase 2 project. Phase 2, which began at the end of last year, consists of two main thrusts – dredging and reclamation, for an additional eight berths of 2.88 kilometres…