Norbert Dentressangle has completed the previously announced acquisition of all the shares of privately held US third party logistics provider, Jacobson Companies from Oak Hill Capital Partners, for$750 million (€560 million). Headquartered in Des Moines, IA, Jacobson is one of the largest value-added warehousing 3PL provider in North America.
Norbert Dentressangle CEO, Hervé Montjotin, described the move as a “new step in our development in the US, a strategic market for ... [+]
The Freight Transport Association is urging operators to take advantage of the last chance to participate in a trail of longer semi-trailers. According to the Department for Transport, 400 freight operator allocations are still available to allow them to use longer vehicles to transport goods on UK roads. The longer ... [+]
Russell Group's Carntyne Transport subsidiary has opened three new HM Revenue and Customs-approved new cask storage facilities totalling over 100,000sq ft in the past 18 months. The additions come after Carntyne, one of the largest logistics providers to the Scottish whisky industry, outgrew its current storage facilities and made the ... [+]
The new Liverpool2 container terminal will boost Merseyside employment by around 5,000 jobs, says Peel Ports. Two-thirds of the direct jobs are expected to be taken by people living within a ten mile radius of the port, and will include full- and part-time opportunities for stevedores, pilots, launch crew, line ... [+]
The capacity some airlines are bringing onto the main markets is driving airfreight yields down to a level that will be unsustainable for many operators, warned Virgin Atlantic's director of cargo, John Lloyd. Yields in the first half of the year were flat in the Europe, Middle East and Africa ... [+]
Air Partner says it has delivered 400 tonnes of aid to Iraq and the figure is expected to increase. Over the past two weeks, Air Partner has chartered nine flights - six from the UAE, one from Cyprus and two from East Midlands to Iraq using Airbus A300 and A310 ... [+]
DB Schenker has filed a complaint in New York federal court claiming damages from air cargo carriers Air France, KLM, Martinair, Cargolux, Qantas, SAS and All Nippon Airways, claiming that the airlines operated a cartel.
The forwarder alleges that the defendants illegally conspired to fix fuel and security surcharges for airfreight ... [+]
Dover MP Charlie Elphicke, Dover Harbour Board chairman, George Jenkins and chief executive, Tim Waggott started the demolition of the old Seacat berth at the former hoverport - the first physical step in the Dover Western Docks Revival project on 22 August. [+]
Baltic Reefers is to acquire NYKCool AB from NYK Reefers on 1 September.
Stockholm-based NYKCool has overseas representations in Chile, New Zealand, South Africa and US and operates a fleet of 25 vessels worldwide. NYKCool will change name to Cool Carriers AB and will continue to handle the commercial operation of ... [+]
Ceva Logistics is to open a a new terminal in San Diego. At 125,000sq ft and with 23 dock doors, it will be the largest Freight management and logistics facility serving the market and will combine two current CEVA operations – a customer-dedicated facility presently based in Poway, CA, and ... [+]