October 2016
Kuehne + Nagel Group increased gross profit by 6.3% to CHF 4,900 million while net turnover slightly decreased in the first nine months of 2016. Earnings improved 5.1% to CHF 817 million. Earnings for the period increased by 4.1% to CHF 533 million compared to the previous year. Container volume rose 4.5% thanks to increases in the transpacific and intra-Asian trade lanes, particularly reefers.
In airfreight, pressure on margins continued due ...
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A Cabinet sub-committee, chaired by Theresa May, is expected to make a choice of which London airport to expand next week – but a vote by MPs to finally decide whether to go ahead is unlikely to take place for another year.
The Government has also indicated that its own MPs ...
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Eurotunnel Group (GET) is to sell its GB Railfreight arm to Scandinavian investment firm EQT Infrastructure II and will use the money to strengthen its core activity. GBRf, the UK’s third-largest rail operator in the UK, was acquired in 2010 for £25 and has since more than doubled its activities, ...
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France's President Francois Hollande vowed to make France “an attractive territory” for businesses that did not want to stay in the UK after it leaves the European Union. At a ceremony at Paris-Charles de Gaulle airport to mark the start of a major hub extension for FedEx, he told assembled ...
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Stoke-on-Trent South MP and Transport Select Committee member, Rob Flello, says the freight and transport sectors need to decide quickly what their policy is on Brexit or risk not having any say at all. He says he has heard a whole host of demands from different voices in the industry ...
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Crowley Maritime’s logistics group has moved water, generators and food and other supplies to Haiti in partnership following the hurricane there. Crowley has personnel on site in Port au Prince, Haiti supporting the efforts of the US Naval Supply Command to supply aid to the Haitian people.
The current effort follows ...
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Peel Ports has gained planning permission to develop the former Thamesteel site at Sheerness as a logistics hub. The 50-acre site will be developed for the handling, storage and distribution of commodities such as automotive, steel and forest products.
It will also allow enable Peel Ports to respond to increasing demand ...
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P&O Ferries says that its UK/Gothenbrug via Zeebrugge service – operated jointly with Swedish Orient Line (SOL) - has almost its traffic compared with 2015.
The ferry and logistics company went partnership with Swedish Orient Line (SOL) last year using SOL's Gothenburg to Zeebrugge service, which then connects onwards to Britain ...
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German-owned project freight forwarding and shipping company FH Bertling said it was winding down its UK operation, which would cease trading during 2016, the Wall Street Journal reports. The UK arm of the company is at the centre of investigations by the Serious Fraud Office into allegations of against seven ...
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Miami International Airport has gained a US Department of Agriculture permit that will allow it to receive perishable freight imports by sea as well as air, allowing it to carry out ocean-to-air trans-Shipments from Latin America arriving in to PortMiami or Port Everglades can be transported to the airport for ...
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