FedEx Express is re-engineering its global network by replacing older, higher capacity planes with more efficient, technically advanced aircraft that have lighter payloads. The result should be a more efficient, higher yield operation in an era of slower air cargo trade.
DP World Australia Completes Next Phase of TOS Standardization & Centralization with Navis N4 Go-Live in Melbourne
03 Mar 2015
The proposed 750 percent rent increase for DP World’s Melbourne terminal is a “blatant money grab” by the state government, said Shipping Australia chief executive officer Rod Nairn.
27 Feb 2015
Penske Truck Leasing and sister company Penske Automotive Group are expanding their heavy-truck leasing business in Australia, targeting operators with older trucks.
23 Feb 2015
New Zealand’s Port of Tauranga and logistics management company Kotahi will form a new joint venture to support robust export cargo volume commitments made last year and to strengthen the country’s supply chain.
19 Feb 2015
A healthier global economy, strong U.S. dollar and low fuel prices should give global logistics and transportation merger and acquisition activity a boost in 2015, according to consulting firm PwC US.
17 Feb 2015
The decision by Japan state postal service to takeover regional logistics operator Toll Holdings for $5.07 billion is the second mega-logistics acquisition involving Japanese companies in as many days, and another exceptional price.
13 Feb 2015
An independent Australian government tribunal will consider whether to set new work rules or pay standards for the nation's drayage drivers, as well as other truckers, in 2015.
11 Feb 2015
International Container Terminal Services, Inc. (ICTSI) has paid $5.8 million for the remaining 10 percent of Victoria International Container Terminal (VICT) it doesn’t own that was held by Anglo Ports.
02 Feb 2015
The annualized driver turnover rate at large truckload carriers rose to 97 percent in the third quarter, despite the efforts of some carriers to keep drivers by raising pay.
25 Jan 2015
SingPost has acquired a 90 percent stake in New Zealand forwarder Famous Pacific Shipping as the regional e-commerce logistics specialist expands its Asia-Pacific footprint.
22 Jan 2015
Australian wine exports to China have almost recovered to levels recorded before Beijing’s austerity measures severely dented volumes, according to data released by the Australian Grape and Wine Authority.