Author: Archive

ICM Logistik AB sells remaining DHL contracts to Tornfrakt AB

Posted by | Jul 26, 2006 | |

The Swedish logistics services provider ICM Logistik AB said on Wednesday (26 July) that it has signed a preliminary agreement to sell its remaining distribution assignments from DHL Express to Tornfrakt AB.

The proposed transaction means that Tornfrakt will take over four vehicles and four employees from ICM Logistik.

The financial details of the transaction were not disclosed, but ICM Logistik said that the assignments represent an annual turnover of approximately SEK4m.

One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).

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Swiss Post acquires majority in German GHP

Posted by | Jul 26, 2006 | |

Swiss Post has bought a majority in German direct marketing and customer management company GHP Holding GmbH, Swiss Post said on July 25, 2006.

Swiss Post has acquired two-thirds in GHP, but has the option to fully take over the German company by the end of 2008.

The purchase price is in the two-digit million euro range.

According to analysts’ estimates, the deal price corresponds to between 11 pct and 15 pct of GHP turnover, or between 30 mln euro (USD37.7 mln) and 40 mln euro (USD50.3 mln). Swiss Post did not comment that.

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French logistics group Geodis with strong H1 results

Posted by | Jul 26, 2006 | |

Geodis increased revenue by 7.3% (6.1% on a comparable, like-for-like basis excluding changes in exchange rates) despite an unfavourable business calendar (two fewer business days in France).

Total revenue for the first half of 2006 increased to €1,887 million from €1,759 million for the same period last year. From this €1,316.9 million was generated in France, €526.8 million in the rest of Europe and €114.7 million in Asia & the rest of the world. Asia saw the strongest increase with a growth rate of more than 35 %.

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Top Logistics Firms honored at the 2006 Frost & Sullivan ASEAN 4 Logistics Awards

Posted by | Jul 26, 2006 | |

Singapore, July 20, 2006 – Frost & Sullivan, a global growth consulting firm today honored top logistics firms in five major sectors from Indonesia, Malaysia, Singapore and Thailand at its ASEAN 4 Logistics Awards based on a Voice of the Customer research. Sectors included are automotive, pharmaceutical, retail, fast moving consumer goods and IT/electronics.

“Logistics service providers which secured the highest ratings for their performance and capability from customers in a particular industry sector were named winners,” says Kavan Mukhtyar, Director of Transportation, Asia Pacific at Frost & Sullivan.

“In determining the winner, it is not the size of the company that matters, but rather the quality of service in meeting its customers’ expectation that is important,” he says.

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BAX Global recognized as Best Pharmaceutical Logistics Service Provider in Singapore by Frost & Sullivan

Posted by | Jul 26, 2006 | |

Singapore, July 26, 2006 – BAX Global Pte Ltd has been recognized as the Best Pharmaceutical Logistics Service Provider in Singapore by Frost & Sullivan, a global growth consulting company.

The award was conferred to BAX Global at the recent 2006 ASEAN 4 Logistics Awards based on a Voice of the Customer research, which was officiated by Mr. Ko Kheng Hwa, Managing Director of the Singapore Economic Development Board.

Frost & Sullivan Director of Transportation, Asia Pacific Kavan Mukhtyar says BAX Global has emerged the winner among the logistics service providers in the Singapore pharmaceutical sector, as it secured the highest ratings for its service performance and capability from its own customers in this sector.

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Kuehne + Nagel named Best Fast Moving Consumer Goods Logistics Provider in Singapore by Frost & Sullivan

Posted by | Jul 26, 2006 | |

Kuehne + Nagel Pte Ltd has been named Best Fast Moving Consumer Goods (FMCG) Logistics Service Provider in Singapore by Frost & Sullivan, a global growth consulting company.

The award was conferred to Kuehne + Nagel Singapore recently at the 2006 Frost & Sullivan ASEAN 4 Logistics Awards based on a Voice of the Customer research, which was officiated by Mr. Ko Kheng Hwa, Managing Director of the Singapore Economic Development Board.

Frost & Sullivan Director of Transportation, Asia Pacific Kavan Mukhtyar says Kuehne + Nagel has emerged as the winner among the logistics service providers in the Singaporean FMCG sector, as it secured the highest ratings for its service performance and capability from its own customers in the sector.

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Nippon Express Malaysia named Best IT/Electronics Logistics Provider by Frost & Sullivan

Posted by | Jul 26, 2006 | |

Nippon Express Malaysia Sdn Bhd has been named Best IT/Electronics Logistics Service Provider in Malaysia by Frost & Sullivan, a global growth consulting company.

The award was conferred to Nippon Express Malaysia recently at the 2006 Frost & Sullivan ASEAN 4 Logistics Awards based on a Voice of the Customer research, which was officiated by Mr. Ko Kheng Hwa, Managing Director of the Singapore Economic Development Board.

Frost & Sullivan Director of Transportation, Asia Pacific Kavan Mukhtyar says Nippon Express has emerged as the winner among the logistics service providers in the Malaysian IT/Electronics sector, as it secured the highest ratings for its service performance and capability from its own customers in the sector.

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BT lets data flow for German postal Service

Posted by | Jul 25, 2006 | |

BT has announced today that the company has won a contract from the German postal service (Deutsche Post AG) to implement and operate a nationwide data network. Under the terms of this contract, BT will ensure the smooth data exchange between 84 national and international mail distribution centres and the service department in Darmstadt.

BT is to develop a “machine WAN” (Wide Area Network) for Deutsche Post, providing communication between the IT systems at the various locations, using state-of-the-art network technology based on the MPLS standard.

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