Following the launch of the new Scania Streamline and Volvo FH Series, the organisers of the Mondello Truck Show , in County Kildare, Ireland, July 20-21 are looking to owners of classic Scania Streamline Centurion trucks and the best examples of the Volvo F88/89 ranges to exhibit alongside the all-new models…
Following the launch of the new Scania Streamline and Volvo FH Series, the organisers of the Mondello Truck Show , in County Kildare, Ireland, July 20-21 are looking to owners of classic Scania Streamline Centurion trucks and the best examples of the Volvo F88/89 ranges to exhibit alongside the all-new models that will be on display at Motor Racing Circuit.
With the introduction of the new Scania Streamline based on the existing R-series, interest has been rekindled in the original model which dates back to the early 90 s, explained John Morris, Managing Director, Mondello Park.
We know that there are quite a number of Centurions as they were called, still working out there and we would love to see them at the Mondello Truck Show, he added.
After more than a ten-year absence and repeated requests from the industry, the Mondello Truck Show makes a welcome return. The two-day festival differs from others, in that our purpose built facility and on-track action provide a unique location for the industry to show its wares and for members of the road transport industry to celebrate their profession, Morris said
Owners of Scania Streamlines and Volvo F88/89 interested in coming to the Mondello Truck Show are asked to contact Mondello Park on 00 353 (0) 45 860200 or by email to email@example.com
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Non asset-based third-party logistics services provider Roadrunner Transportation Systems Inc. 1(RRTS) continues to stay true to its theory of growth by acquisition, saying yesterday it has brought two new companies into the fold: Adrian Carriers, a Milan, Illinois-based logistics service provider focusing on container management and intermodal, and Wando Trucking, a Charleston, South Carolina-based provider of intermodal services and related services in the Southeast.
The purchase price for Adrian was roughly $14.2 million, plus and an earn-out capped at $6.5 million, and the purchase price for Wando was roughly $9 million, with that acquisition financed with borrowings under Roadrunner s credit facility, according to RRTS officials.
These acquisitions mark the ninth and tenth acquisitions RRTS has made going back to 2011 and they mark the first ones since its December 2012 public offering of 3,500,000 shares of common stock at a price of $17.25 per share to the public.
RRTS officials were not available for comment at press time. The company is announcing first quarter earnings later today.
Adrian Carriers: RRTS said that Adrian manages the transaction of containerized import and export freight throughout the U.S. and is at the forefront of technical development of container management systems and software. It added that in 2012 Adrian generated revenues of roughly $32.5 million and that Adrian is expected to be accretive to Roadrunner s 2013 earnings.
The acquisition of Adrian expands our TMS capabilities within intermodal services and container management, said Mark DiBlasi, President and CEO of Roadrunner, in a statement. In addition, Adrian s service offering, combined with its superior reputation, enables us to cross-sell our current intermodal services. Gary Adrian and his team will remain in place and are excited about the growth opportunities we collectively envision.
Stifel Nicolaus Analyst David Ross wrote in a research note that the acquisition of Adrian Carriers by RRTS could serve as a launching pad from which the company can get bigger in the international container management business.
We continue to view Roadrunner as a company that plans to grow through any type of economic environment over the next few years, and its acquisitions recently have been small bolt-ons with relatively low-risk integrations, which we believe are better than larger deals, wrote Ross.
Wando Trucking: RRTS said Wando mainly moves imports and exports, including raw rubber, building materials, paper, and plastics from the ports of Charleston, South Carolina, and Savannah, Georgia. During 2012, RRTS said Wando generated roughly $13.0 million in revenues, and it said Wando is expected to be accretive to Roadrunner s earnings in 2013.
Robert W. Baird & Co. Analyst Ben Hartford wrote in a research note that Wando operates a fleet of roughly 110 power units and noted that Wando will compliment Roadrunner s February 2011 acquisition of Morgan Southern2, a privately-held provider of intermodal transportation and related services for roughly $20 million.
A South African shipping company is making a run at taking control of Adcock Ingram1, the country’s second largest drugmaker, and given its board until next week to decide if it is onboard with the deal. South Africa is a growing drug market, and this unsolicited offer comes even as India2‘s Cipla3 is angling for control of the next biggest player there.
Bidvest Group late last week made what Bloomberg says is a R6.2 billion ($670 million) offer for 60% of Adcock Ingram. Bidvest already owns a 2.54% stake, according to a notice from the drugmaker. The New Age reports that if the board does not recommend the offer to its shareholders, Bidvest intends to get hostile by taking it to them directly. Adcock said in its notice that it is evaluating the offer, and Bidvest told Bloomberg it would not comment beyond its offer letter.
An unnamed analyst told The New Age that the offer comes at an opportune time. Adcock Ingram is the country’s second-largest drugmaker behind Aspen4. Its shares, however, have been underperforming those of Aspen and Cipla Medpro5 after it spent money to expand its manufacturing. That was done in anticipation of increased production, and revenues, because it has a government contract to make HIV medicines as part of the country’s expansion of its national health insurance program.
South Africa is the continent’s largest economy, with a growing middle class, factors that have attracted growing interest in its drug market. Aspen has been expanding, even outside of the country. India’s Cipla is trying to gain control of Cipla Medpro, the third largest drugmaker, and recently upped its bid to about $500 million to get its ownership to 51%. Sandoz, the generic unit of Novartis ($NVS6), also recently announced plans to expand its manufacturing in South Africa to take advantage of the growing market.
DAF Trucks NV is a division of Pacific Car and Foundry Company (PACCAR) and is a Dutch truck manufacturing company. The headquarters of DAF is in Eindhoven, where the main manufacturing plant of the company is also located. The Westerlo factory in Belgium manufactures some Cabs and axle assemblies. Some models of trucks that are sold with the DAF brand are also designed and manufactures by Leyland Trucks in the Farrington plant of Leyland. The first truck produced by DAF was in 1949 and was called the A30. This was subjected to numerous upgrades as the wars went by. The first attempt of the company to venture into the international market with the model 2000DO was a complete failure. But their next model the 2600 became a best seller in the international market. DAF Trucks were the first to be fitted with turbo charged diesel engines and now is very common in trucks.
DAF Trucks market share in Europe
The market share of DAF Trucks has been steadily increasing in the last few years. They have a share of about 16% in the heavy segment. Heavy segment is the segment where the payload capacity is more than 16 tonnes. In the heavy tractor segment the company has a market share of about 19.1%. DAF Trucks are the second largest truck brand in European Union and they lead the markets in Hungary, Poland, UK, Czech Republic, Belgium and the Netherlands. The increase in market share of DAF Trucks is largely attributed to the strong and loyal customer base that they have been able to achieve over the years and with the new models that have been launched getting great reviews, the company is expected to strengthen its position in the European market.
DAF Truck Models
DAF Truck Models are sold as three different model series CF series, XF series and LF series.
Lately there has been a new addition to the model series of DAF and that is the LF Hybrid series
The XF series is said to be built for the long haul and has low operating costs, high reliability and the best driver satisfaction. The cabin is very spacious and is very comfortable for the driver and is a top performer.
The CF series is available in tractor or in rigid chassis and is said to have excellent maneuverability and the multifunctional chassis makes it ideal for every application
The LF series is very good for distribution in urban or rural areas. Agility in traffic, low curb weights, tight turning radius and easy maneuverability is the aspects of these models. LF series is also available in Hybrid versions.
The future of DAF Trucks
Even though there is a decrease that is seen in the commercial vehicles market1 of about 9% in 2012 when compared to 2011, DAF trucks have been able to maintain its growth and has become the second largest commercial tuck brand in Europe and the recent trends are suggesting that this will continue as the DAF trucks are becoming a good option for truck buyers.
The ATA said that seasonally-adjusted (SA) truck tonnage in December at 121.6 (2000=100) increased 2.8 percent in December, following a 3.9 percent (upwardly revised from 3.7 percent) gain in November, which was the first monthly gain for the SA since January and also snapped a three-month skid of declines representing a cumulative drop of 4.6 percent. What s more, the ATA said that consecutive increases in November and December were by far the best gains of 2012.
On an annual basis, the SA was down 2.3 percent compared to December 2011, which the ATA said marks the worst annual result for the SA since November 2009, when it fell 3.5 percent compared to November 2008.
ATA officials said that for calendar year 2012 SA tonnage was up 2.3 percent, following a 5.8 percent gain in 2011.
The ATA s not seasonally-adjusted (NSA) index, which represents the change in tonnage actually hauled by fleets before any seasonal adjustment, was 110.3 in December, representing a 4.9 percent decline from November and a 5.4 percent decline from the 116.4 recorded from December 2011.
As LM has reported, some industry analysts maintain that the not seasonally-adjusted index is more useful, because it is comprised of what truckers haul. As defined by the ATA, the not seasonally-adjusted index is assembled by adding up all the monthly tonnage data reported by the survey respondents (ATA member carriers) for the latest two months. Then a monthly percent change is calculated and then applied to the index number for the first month.
December was better than anticipated in light of the very difficult year-over-year comparison, ATA Chief Economist Bob Costello said in a statement. As paychecks shrink for all households due to higher taxes, I m expecting a weak first quarter for tonnage and the broader economy. Since trucks account for the vast majority of deliveries in the retail supply chain, any reduction in consumer spending will have ramifications on truck tonnage levels.
Costello added that he anticipates more sluggishness in the index this year, especially early in the year, as the economy continues to face several headwinds.
When the ATA issued November tonnage data late last year, the Fiscal Cliff negotiations between the White House and Congress were top of mind. Costello said at that time that tonnage growth could decelerate in 2013, with better housing starts and auto sales offset by slower factory output and consumer spending.
And with a Fiscal Cliff agreement reached earlier this month, it appears his outlook is in line with what is happening in the market.
As previously reported, shippers and carrier have repeatedly told LM that volumes remain in a holding pattern to a certain degree, with no real positive indications that things will change soon.
This ATA data comes at a time when the economic outlook remains largely muddled, with promising housing starts and automotive sales, as well as employment figures gaining some traction. Conversely, issues regarding the nation s debt ceiling and sluggish retail sales and slow industrial production growth make for a mixed batch, as per the usual.
When you look at what has happened in both the freight economy and the overall economy over the last 9 months, things have really flattened, said Eric Starks, president of freight transportation forecasting firm FTR Associates, in a recent interview. It is a somewhat stagnant environment, especially with retail sales.
Due to the vast development in the import and export business, the demand of international cargo shipping services1 has increased at a great extent. With the advent of internet, people have started buying online and so the need of sending shipments from one place to another has arisen. Thus international shipping services have become indispensable for businesses wanting to export goods worldwide without any obstacles. If you are into an export business and require sending bulk goods to various countries, then you need to regularly deal with an international cargo shipping company offering shipping services. Finding international shipping services is not a difficult task, but to find a right company providing shipping services as per your requirements might be challenging.
International cargo shipping services can be used to transport business commodities, vehicles, food products and even personal belongings or furniture in case of house and office relocations. Even excess baggage services2 have become popular these days because many times it is not possible to carry the complete baggage with you due to the limited luggage carried by the Airlines. Earlier, shipping only meant transporting goods through ships from one place to another. But now, cargo shipping has become a wider term and become an essential part of global business. So, now besides just transporting goods, the cargo shipping also requires proper packing and storage. The international cargo services are in demand nowadays because they are used by many companies for all their shipping needs. The shipping companies use four types of transport which includes rail, road, air and sea transport. Many times, the goods are transported from rail to the sea port and after that loaded on a ship and transported to a foreign country where the goods are unloaded and taken by road to the final destination. The mode of transport for a particular parcel is chosen depending on the type of goods and the place of destination you require to send.
- The companies offering international cargo shipping services handle almost all the aspects related to transporting your cargo from one place to another safely. Still, before selecting a particular international cargo shipment company, you need to check whether they provide the below mentioned services or not.
- The international cargo shipment services should include packing of the goods. The companies offering these services are professional and are well experienced in packing even the delicate objects, so that they don t break at the time of loading, transporting and unloading.
- The cargo shipment services offering company you select should be handling customs clearance for you. They should be handling complete paper work including the formalities related to taxes and duties.
- The international cargo shipment company you have chosen should be having knowledge about the rules and regulations relating to goods shipment which vary for each and every country and is able to handle responsibilities relating to customs clearance in the country in which you require your shipment to be transported.
- The international cargo shipping services should also be including insurance coverage of the goods you are transporting.
Thus, the above mentioned factors are the basic requirements to look for in a company in order to get excellent international cargo shipping services. Although cost is not the matter if you are getting quality courier service3 but still you need to ensure that you are not paying more for the services and your cargo shipping company is justifying the cost. Just find the right kind of cargo shipping company for your goods and make take your export business to new heights.
This article has been written by Farhaan Hyder, operations manager at Fastway Express. Fastway Express is a leading courier, cargo and logistics soultions provider in India offering domestic and international services at competitive prices.
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Road Haulage Fleets P to R by John, Martin ( Author ) ON Jul-01-2010, Spiral bound @ translogistics.co.uk
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With there being multiple international freight forwarders1 in Australia, it s important to choose freight forwarding companies that want work with your company rather than simply work for it. As with any third party that you hire on to help your business, you want to make sure that the company you choose to import and/or export goods for you shares that common interest with you to ensure that your company is a success.
Ask About Their Interests
When looking to hire one of the many freight forwarders Melbourne has to offer, you want to get to know everyone that you ll be dealing with on a professional, if not somewhat personal, level. Ask them what their personal interests are and try to get a feel of whether or not they re into technological devices, or sportswear, or whatever it is that you ll be bringing in or shipping out. Having a company that s personally engaged with you will help guarantee that you get the best service.
Ask About Their Experience
The next most important thing to ask any of these companies is what sort of experience they have in shipping goods like your own. This is particularly important if you plan on importing or exporting specialty goods, or ones that have special requirements like refrigeration. Companies with such experience are the ones who ll be able to get your items through customs as quickly as possible.
Ask About their Certification
Whenever possible, try to choose the company that has the most certified or licensed customs professionals. These types of companies will often provide more additional services that can expedite the export/import process, such as performing custom audits or recordkeeping, and they often will be able to help you implement compliance programs and be able to provide you with additional information about navigating international trade agreements. These international freight2 companies are often the ones to provide the most value.
According to company officials, non-contractual 2012 rates will be comprised of a net increase of 4.5 percent for UPS ground packages, down from a 4.9 percent gain for 2012, and a 4.9 percent on all UPS air services and U.S. origin international shipments, matching 2012 s hike for this segment.
UPS said that its increase for UPS Air and International Services is based on a 6.5 percent average increase in the base rate, minus a two percentage point reduction to the Air and International fuel surcharge table. This is down from a 6.9 percent base rate increase announced for 2012 a year ago at this time.
And the rate increase for UPS Ground services, said UPS, is based on a 5.9 percent average base rate increase, matching 2012, minus one percentage point reduction to the Ground fuel surcharge table.
UPS Next Day Air Freight and UPS 2nd Day Air Freight and UPS 3 Day Freight rates for shipments within and between the U.S., Canada and Puerto Rico will increase by 4.9 percent, down one full percentage point from 2012 s announced rates.
In July, UPS Freight, the less-than-truckload subsidiary of UPS, announced a general rate increase (GRI) of 5.9 percent, effective July 16. UPS Freight officials said this GRI applies to minimum charge, LTL rates, and accessorial charges.
Robert W. Baird & Co. analyst Ben Hartford wrote in a research note that even though list price increases for UPS Air and U.S. origin international services are lower than 2012 increases and UPS Next Day and his firm recognizes that a competitive market ultimately sets the rates and do not overemphasize the change in list price announcements in 2013 versus 2012 growth rates.
Jerry Hempstead, president of Hemsptead Consulting, told LM that effective in 2013, UPS shippers will have relief from the company s dimensional pricing rule, which will expire next year. Dimensional pricing is based on the greater of the actual weight or dimensional weight of each shipment in the package and is a major driver of revenue gains.
Hempstead added that most accessorial charges for UPS are increasing at a rate greater that the announced General Rate Increase.
In September, FedEx, UPS s biggest competitor, rolled out its 2013 rate increases. FedEx Express package and freight rates will head up 5.9 percent for for U.S., U.S. export and U.S. import services and will be partially offset by adjusting the fuel price at which the fuel surcharge begins, reducing the fuel surcharge by 2 percentage points.2nd Day Air Freight rates are lower, too.
In a move designed to boost its presence in Australia, Damco1, a global third-party logistics (3PL) and freight forwarding subsidiary of A.P. Moller-Maersk Group, said it has signed an agreement to acquire PacNet, a global freight forwarder.
Financial terms were not disclosed.
Based in Australia, PacNet has 382 employees and has annual sales of $180 million (U.S.). It also has a strong presence in China.
Damco said that the addition of PacNet improves its platform in both the North Asia and Asia Pacific regions, and it expects to gain market leadership positions in the retail and lifestyle sectors in Australia, as well as strengthen its airfreight position from China to Australia, coupled with the fact that shipper customers of each company will benefit from what it called highly competitive services, increased frequency, and improved access to peak capacity in a growing China-Australia trade lane.
The strategic logic for this acquisition is about business development and growth from bringing together complimentary customers, skills and experience, said Claus Fonnesbech, Global Media Relations Manager for Damco, in an interview. PacNet has developed an enviable reputation for service in the segments it dominates, but has been looking for ways to accelerate the expansion of the services it can offer to its customers from a focus in Hong Kong and Mainland China.
Fonnesbech added that the acquisition will serve to strengthen Damco forwarding capabilities in Hong Kong, South China and Australia, explaining that the benefits are improved cost competitiveness, more comprehensive solutions, new products and a growing global network as PacNet s Australian customers seek to broaden their sourcing base from China to the rest of Asia.
This will make Damco the market leader in providing end to end international supply chain solutions in the Retail and Lifestyle and apparel verticals and on air freight from Hong Kong / Mainland China to Australia, he said. The acquisition of PacNet will also enable Damco to leverage the NTS air freight operating platform. PacNet is also stronger in Hong Kong, where it will be a valuable addition.
Going forward, Fonnesbech said Damco intends to bring PacNet and Damco branches together as soon as practical. In many locations, he said this will be quite quick as Damco has the space available, but in a few locations it will take a bit longer as it first needs to find new premises.
It is anticipated there will be a small number of redundancies as branches are brought together in this way, he said, but Damco aims to be able to provide clarity to all affected PacNet and Damco employees by November 1 about their roles and where it is proposed they will work.
We will be working hard on the further integration process, he said. However, it is too early to comment on the results of this as of yet, but rest assured that we are doing our utmost to complete this soonest and provide full clarity and support for all involved.
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