Latest News

Toll gets uniform ready for first day under Japan Post HONG KONG — It is unlikely to be casual Friday on May 28 as the new Japan Post-owned Toll Group marks its first official business day.The late-February deal was the biggest takeover of an Australian company since SABMiller bought Fosters in 2011, and Japan Post […]

Across-the-board gains propel Transport Corp of India profit Trucking and logistics giant Transport Corporation of India said across-the-board gains in freight volumes helped drive consolidated net income up 13.6 percent year-over-year in fiscal year 2014-15, which ended March 31. 2014 fiscal year net earnings totaled Rs. 81.39 crore (about $13 million), versus Rs. 71.62 crore ($11.2 […]

Expected high-tech export growth good for air cargo, less for ocean High-tech companies around the world expect exports to grow over the next two years, but air cargo freight and passenger jets are set to gain not container lines. According to a new study published by UPS, 74 percent of respondents were bullish on exports. […]

MercuryGate launches global omni-modal freight index CARY, N.C. — (BUSINESS WIRE) — MercuryGate International, Inc., a global provider of cloud-based transportation management solutions, today announced the launch of RateFriend™, the first freight index to provide global rate data for Road, Air, Ocean, Rail, and Intermodal transportation. Available for a low monthly subscription, RateFriend is embedded within […]

Royal Mail profit up on cost savings LONDON — Royal Mail, the U.K. postal group, boosted full-year operating profit by 6 percent as cost cuts offset sluggish revenue in an increasingly competitive parcels market.Adjusted operating profit before “transformation “costs rose to £740 million ($1.15 billion) in the year to March 29 from £740 million in […]

UPS adds express and contract logistics to Myanmar business Global integrator UPS is expanding its portfolio of services in Myanmar, introducing express delivery and contract logistics services that complement the air and ocean freight services launched in August last year.  Customers can now leverage a full range of logistics solutions as Myanmar engages in increased […]

High-tech shippers increasingly seen moving operations closer to buyers More high-tech companies across the globe are moving their operations back to, or near, the location of demand for their products, building more flexibility into their supply chains, according to a new study published by UPS. UPS’s survey that while a majority of tech companies still […]

Maine Harvest taps Amber Road for screening solution Amber Road (NYSE: AMBR), a leading provider of global trade management solutions (GTM), today announced that Marine Harvest ASA has selected Amber Road’s Restricted Party Screening solution to monitor its worldwide trading partners and has signed a five-year subscription. As the world’s largest supplier of farmed Atlantic salmon, […]

BDP International Celebrates a Decade of Success in Korea BDP International (BDP), one of the world’s largest privately owned logistics and transportation companies, today celebrated the tenth anniversary of its operations in the Republic of Korea. During the last decade, BDP Korea has grown to become one of the company’s strongest Asian units and a key […]

New walkout planned by Deutsche Post workers Germany’s postal and logistics giant Deutsche Post has launched a new round of strike action, according to the German labor union Verdi, continuing this year’s wave of industrial action.Workers across most German states are taking part in the walkout. Verdi is expecting “significant disruption,” Uwe Speckenwirth, Verdi department […]