ILBC News

09/26/2009 - 19:39

Addition of Long-Haul Less-Than-Truckload (LTL) Units Expands Heavyweight Service Portfolio for Customers
FedEx completes acquisition of the LTL operations of Watkins Motor Lines and certain affiliates creating FedEx National LTL and FedEx Freight Canada.

09/26/2009 - 19:32

TNT Logistics UK has been awarded a five-year contract to operate two man home delivery services for the newly-launched Tesco Direct. The nationwide service will utilise dedicated Tesco Direct vehicles as well as TNT Logistics¡¯ multi-user TNT Home fleet, which already delivers furniture and larger goods for other retailers.

09/26/2009 - 19:31

Thai companies should work harder to minimise logistics costs increase profits in the long term, said experts. The profitability of Thai companies was falling due to higher fuel prices and tougher competition among business operators, said Assoc Prof Ruth Banomyong, the director of Thammasat University's logistics research programme.

As well, he said, the local economy is projected to grow slowly, so business opportunities would be limited. Economic expansion is forecast at between 3.5% and 4% this year and only slightly higher next year.

 

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