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Etihad in final talks to buy India carrier stake

Gulf carrier Etihad Airways, seeking to widen operations in India and other Asian markets, is in the final stages of talks to buy part of either Jet Airways or grounded rival Kingfisher Airlines , an Indian government official said, reported Reuters.
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Global Logistics Trends and News
Global supply chain and logistics news and analysis from around the world
Curated by Cathy Roberson
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UPS Partners with 7-Eleven to Enhance Customer Service at Select Shell Stations - UPS Pressroom

The UPS Pressroom offers the latest press releases, media kits, multimedia and other resources for journalists and media.
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Carlyle Puts ITS Technologies & Logistics on Auction Block - Wall Street Journal

Carlyle Puts ITS Technologies & Logistics on Auction Block - Wall Street Journal | Global Logistics Trends and News | Scoop.it
ITS Technologies & Logistics LLC, a logistics company backed by Carlyle Group LP, is on the auction block, according to people familiar with the matter.
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Retailers forecast 49% jump in Christmas week use of click and collect - InternetRetailing.net

Retailers forecast 49% jump in Christmas week use of click and collect - InternetRetailing.net | Global Logistics Trends and News | Scoop.it
InternetRetailing.net Retailers forecast 49% jump in Christmas week use of click and collect InternetRetailing.net Last year 5.7m people used click and collect in Christmas week; this year 49% more orders will be placed online for in-store pick-up,...
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Amazon Extends Holiday-Shipping Deadlines

Amazon Extends Holiday-Shipping Deadlines | Global Logistics Trends and News | Scoop.it
Amazon.com said Tuesday that it would extend deadlines for customers to place orders if they want their packages before Christmas day.
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Belgium national strike causing major transport disruption

Belgium national strike causing major transport disruption | Global Logistics Trends and News | Scoop.it
Belgium national strike causing major transport disruption
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Dubai's Aramex buys South Africa's PostNet franchise - Arabian Supply Chain

Dubai's Aramex buys South Africa's PostNet franchise - Arabian Supply Chain | Global Logistics Trends and News | Scoop.it
Stores will still be owned & operated by their respective franchisees.
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Con-way Workers at Miami Terminal Vote for Teamsters

Con-way Workers at Miami Terminal Vote for Teamsters | Global Logistics Trends and News | Scoop.it
Con-way Freight workers at a Miami terminal voted in favor of union representation, the Teamsters announced.
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Ten freight firms fined S$7.2m for anti-competitive conduct on the Japan to Singapore route

Ten freight firms fined S$7.2m for anti-competitive conduct on the Japan to Singapore route | Global Logistics Trends and News | Scoop.it
SINGAPORE — Ten freight-forwarding companies that move shipments from Japan to Singapore have been fined a combined S$7.2 million by the Competition Commission of Singapore (CCS) for price-fixing and other anti-competitive conduct.
A total of 11 foreign-registered companies and their Singapore subsidiaries or affiliates were found to have infringed Section 34 of the Competition Act between Jan 1, 2006, and Nov 12, 2007. The CCS said the companies had collectively decided on fixing certain fees and surcharges relating to higher security and fuel costs, as well as exchanged information about prices and customers.
The 11 are Nippon Express, Yusen, K Line Logistics, Kintetsu World Express, Hankyu Hanshin, NNR, Vantec, Yamato, MOL Logistics, Nissin and DHL Global Forwarding. Together, they account for 40 to 60 per cent of shipments on the Japan-to-Singapore route.
This is the CCS’ second international cartel case after it imposed in May its largest financial penalty of S$9.3 million on Japanese ball-bearing manufacturers for fixing prices.
CCS chief executive Toh Han Li said of the latest case: “The conduct actually started in 2002 and 2004 depending on the surcharges, but we were not able to fine them for the period before 2006 because we didn’t have a competition law before that.”
The anti-competitive discussions among the companies took place in meetings of the Japan Aircargo Forwarders Association. The CCS found that during meetings from September 2002, the companies agreed not to use the fuel surcharge, levied on them by airlines following a rise in fuel prices, as a point of competition between them and to pass on the surcharge in full to customers. Subsequently, they met regularly to discuss their success in passing on these costs to customers.
On Feb 20, 2006, the companies came to a consensus on minimum prices that they would impose for the Japanese Security Surcharge and the Japanese Explosives Examination Fee for outgoing cargo from Japan, including that to Singapore. The CCS said there was evidence pointing to a significant mark-up in some instances. The companies also discussed how they were charging customers and how successful they were in collecting the charges.
For engaging in anti-competitive conduct, 10 of the freight-forwarding companies have been fined between S$64,000 and S$2.1 million. Nippon Express and Yusen were fined the heaviest — at about S$2.1 million and S$2 million, respectively.
DHL Global Forwarding was given full immunity under the CCS’ leniency programme after it blew the whistle on the cartel and cooperated during the investigations. Four other companies — Hankyu Hanshin, Kintetsu World Express, NNR and Vantec — were also given varying reductions in fines under the programme.
Mr Toh said: “Price-fixing among competitors is considered one of the most harmful types of anti-competitive conduct. It distorts the terms of trade between cartelists and their customers, with the latter not being able to enjoy competitively-determined rates.”
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Impact from manufacturing shift in China on sourcing patterns expected to take years

Impact from manufacturing shift in China on sourcing patterns expected to take years | Global Logistics Trends and News | Scoop.it
Global sourcing patterns seen changing in five to 10 years after factories relocate from China
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Truckers Vie With Shippers for $24 Billion Fuel Savings

Truckers Vie With Shippers for $24 Billion Fuel Savings | Global Logistics Trends and News | Scoop.it
As shippers of everything from toys to tools enjoy as much as $24 billion in savings from lower diesel surcharges next year, trucking companies see an opening to raise freight rates at a pace not seen in about a decade.
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NOL looks to shed its logistics subsidiary

NOL looks to shed its logistics subsidiary | Global Logistics Trends and News | Scoop.it
Mergers and acquisitions activity in the global logistics industry is set to take off and one such example is the long rumoured sale of APL logistics by NOL, which is now inviting offers for its logistics subsidiary.
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FMC to launch website to track congestion surcharges | JOC.com

FMC to launch website to track congestion surcharges | JOC.com | Global Logistics Trends and News | Scoop.it
The U.S. Federal Maritime Commission will launch a website soon that will serve as a clearinghouse for port congestion surcharges, following industry confusion over planned U.S. West Coast surcharges, Commissioner Michael A.
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US Postal Workers overwhelmed by flood of Amazon Sunday deliveries

US Postal Workers overwhelmed by flood of Amazon Sunday deliveries | Global Logistics Trends and News | Scoop.it
The U.S. Postal Service is straining to keep up with the volume of packages being delivered on Sundays, with some carriers complaining of 12-hour days and weeks without a single day off.
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FedEx acquisitions indicate need for global e-commerce logistics capabilities

FedEx acquisitions indicate need for global e-commerce logistics capabilities | Global Logistics Trends and News | Scoop.it
FedEx is letting it be known they are serious about e-commerce and plans to be a major global provider of e-commerce logistics services with the acquisitions of Genco and Bongo.
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FedEx Acquires Cross-Border Enablement Tech Provider, Bongo Int'l

FedEx  Acquires Cross-Border Enablement Tech Provider, Bongo Int'l | Global Logistics Trends and News | Scoop.it
FedEx (NYSE: FDX) announced that it acquired Bongo International, a leader in cross border enablement technologies and solutions. Bongo Internationals capabilities complement and expand the FedEx portfolio of...
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Manila ports nearing congestion as holiday period begins

Manila ports nearing congestion as holiday period begins | Global Logistics Trends and News | Scoop.it
The Philippine Ports Authority appeals to importers and cargo owners to clear their cargos, with only a week left before Christmas
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Controversial US hours-of-service reset provisions suspended for two years - Truck News

Controversial US hours-of-service reset provisions suspended for two years - Truck News | Global Logistics Trends and News | Scoop.it
WASHINGTON, D.C. — Two of the more contentious elements of the US hours-of-service regulations put into place in 2013 has been suspended for two years as part of an omnibus spending bill voted through late Saturday night. President Barack Obama…
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Is the UK Holiday Season a Result of Over Promise and Under Deliver?

Is the UK Holiday Season a Result of Over Promise and Under Deliver? | Global Logistics Trends and News | Scoop.it
I can't help but see the irony in what's currently going on in the UK and what happened here in the US when UPS and FedEx were "overwhelmed" by a sudden deluge of packages right before Christmas Da...
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West Coast port congestion prompts businesses to divert cargo to other ports ... - Long Beach Press Telegram

West Coast port congestion prompts businesses to divert cargo to other ports ... - Long Beach Press Telegram | Global Logistics Trends and News | Scoop.it
Tired of the Los Angeles and Long Beach port congestion that has delayed shipments, Brian Jablon considered every other option to avoid delivering his toy goods through the twin p
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Fastest Asia-U.S. Shipping Route? Canada’s Ports

Fastest Asia-U.S. Shipping Route? Canada’s Ports | Global Logistics Trends and News | Scoop.it
Shipping companies are seeking the fastest route to move Asian goods to the U.S. Midwest, with a growing share of U.S.-bound cargo arriving first in Canada.
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Apparel Importers Push to Bring Cargo In Before Chinese New Year

Apparel Importers Push to Bring Cargo In Before Chinese New Year | Global Logistics Trends and News | Scoop.it
Wary apparel and textile importers who have lost millions of dollars due to late-arriving merchandise are setting their shipping plans on fast forward even though the holiday season normally signals a shipping slowdown.
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India: Eastern Dedicated Freight Corridor Project - World Bank Group

India: Eastern Dedicated Freight Corridor Project - World Bank Group | Global Logistics Trends and News | Scoop.it
India's Dedicated Freight Corridor (DFC) program is building dedicated freight-only railway lines along highly congested transport corridors.
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Automation ‘Inevitable’ for US West Coast

Automation ‘Inevitable’ for US West Coast | Global Logistics Trends and News | Scoop.it
Ports are being challenged to adopt a higher level of operational practice and invest in automated technology in order to keep pace with the supply chain
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