Press Releases | Press Release Distribution | Submit Press Release - Analytiqa: Logistics Bulletin: Friday 01st December

You are

Home

News

Transportation

Analytiqa: Logistics Bulletin: Friday 01st December

Free Press Releases

Analytiqa: Logistics Bulletin: Friday 01st December

Written by Mark O'Bornick

Tuesday, 05 December 2006

Friday 01st December 2006 – This week's Logistics Bulletin reports on the expansion into India and Eastern Europe of two large German retailers. Metro Cash & Carry is currently in negotiations to acquire eight distribution centres in cities across India and is keen to rapidly expand in the country. Aldi, through its Austrian subsidiary, Hofer, is also investing in a logistics centre. This distribution centre will support the retailer's entry in to the Slovakian market. Also in India C.H. Robinson has acquired a freight forwarder. Other news from Eastern Europe includes UPS expanding its services to Bulgaria and Romania and GEFCO UK has doubled frequency of its direct route between Coventry, UK and Warsaw, Poland. Teletek, the leading manufacturer of security alarm systems in Bulgaria, has also opened a distribution centre in Drujba, a district of Sofia.

Other distribution centre news includes Sobeys, the Canadian retailer, opening a distribution centre in Ontario, WT Air-Sea has opened one in Nottingham, UK and DHL Global Forwarding is moving to a larger logistics centre in North Carolina, US that will incorporate the operations of the former Danzas Air & Ocean and Exel Freight Management.

Among the contract wins reported this week, Wincanton is to distribute aerosol gas for Shell, whilst GAC will provide warehousing and distribution for Mead Johnson in Thailand. Elsewhere this week, senior appointments have been announced at Panalpina and Schneider Logistics, in the UK, Kuehne + Nagel has acquired HSBC Export, whilst China, Russian Railway and Deutsch Bahn have signed a Letter of Intent for railway cooperation.

C.H. Robinson Acquires India-Based Freight Forwarder
01 December 2006 - C.H. Robinson Worldwide, Inc. announced that it has acquired certain assets of Triune Freight Private Ltd. and Triune Logistics Private Ltd., collectively ("Triune"), a third party logistics provider based in India. Triune has approximately 160 employees in 19 offices throughout India, and has annual gross revenues of approximately US$11.0 million.
Triune has more than 600 customers and provides primarily air and ocean international forwarding along with customs clearance services. They also have a projects division focused on highly specialised movements and solutions. Like C.H. Robinson, Triune is non-asset based. Headquartered in Chennai, Triune was founded in 1999 and is privately held; terms of the acquisition were not disclosed.
"Further expansion of our international freight forwarding network is one of our core growth strategies, and Triune is an excellent introduction for us into one of the world's fastest-growing economies," said Jeff Scovill, C.H. Robinson Vice President of International. "They are a great company with a driven, service-oriented team of people and a well-balanced mix of forwarding services and customers. With Triune on board we can offer full coverage from northern to southern India, and we have a key platform to develop the C.H. Robinson network further into Southeast Asia."
In addition to acquiring selected assets of Triune, C.H. Robinson has offered employment to all of its existing employees. T.J. Srinivasaraj, 36, the Managing Director of Triune, will continue with the company as C.H. Robinson's Director of Indian subcontinent.
Elsewhere this week:

METRO Cash & Carry to expand in India
http://www.analytiqa.com/newsitem.aspx?articleid=2063

Aldi to enter Slovakian market
http://www.analytiqa.com/newsitem.aspx?articleid=2057

UPS expands services for Romania and Bulgaria
http://www.analytiqa.com/newsitem.aspx?articleid=2053

GEFCO UK upgrades Eastern Europe service
http://www.analytiqa.com/newsitem.aspx?articleid=2060

HSBC Export Services is acquired by Kuehne + Nagel
http://www.analytiqa.com/newsitem.aspx?articleid=2054

Bulgarian alarm system manufacturer opens logistics centre
http://www.analytiqa.com/newsitem.aspx?articleid=2056

Sobeys build new distribution centre in Ontario
http://www.analytiqa.com/newsitem.aspx?articleid=2055

WT Sea-Air UK opens warehouse in Nottingham
http://www.analytiqa.com/newsitem.aspx?articleid=2058

DHL Global Forwarding expands operations in North Carolina
http://www.analytiqa.com/newsitem.aspx?articleid=2059

GAC invests US$6.0 million in Thai distribution facility
http://www.analytiqa.com/newsitem.aspx?articleid=2061

Wincanton to distribute aerosol gas for Shell
http://www.analytiqa.com/newsitem.aspx?articleid=2065

China, Russian Railway and Deutsche Bahn sing Letter of Intent for railway cooperation
http://www.analytiqa.com/newsitem.aspx?articleid=2064

Panalpina appoints new Regional CEO for North America
http://www.analytiqa.com/newsitem.aspx?articleid=2066

Schneider Logistics appoints Vice President of Transportation Management unit
http://www.analytiqa.com/newsitem.aspx?articleid=2062

Click www.analytiqa.com/news.aspx for additional developments added daily.

Mid-Tier 3PLs struggle to maintain margins
Winners and Losers amongst European 3PLs... Click www.analytiqa.com/pdf/free/WhosWhoinEuropeanLogistics2006.pdf for more details.
Which companies are growing revenues faster than their competitors? But how are their margins changing?
Who's Who in European Logistics 2006 is a statistical analysis, based on unique primary research exclusive to Analytiqa, of the leading logistics service providers in Europe.
Who is striving, thriving or simply just surviving? To see the content available in this report, click
www.analytiqa.com/pdf/free/WhosWhoinEuropeanLogistics2006TOC.pdf

Analytiqa
Gate House, Fretherne Road,
Welwyn Garden City, UK, AL8 6NS
Tel: +44 (0)1707 37 22 11
Email: This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Bookmark with:

What are these?

< Prev		Next >

[ Back ]

Free Press Releases

Bookmark with:

Sponsored Links

.