They came from every province of Panama and from across the globe to witness history: the beginning of the historic expansion of the Panama Canal.

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CEVA Group announced its second quarter (Q2) results last week. They show a company with a modestly growing revenue, reasonable profitability but a heavy and apparently growing burden of interest repayments.

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The container activities of Maersk showed considerable progress in result compared to the first half year 2006 as was expected, however, the total net result was negative by USD 168 million. The number of transported containers in Maersk Line increased by 3%, which was lower than the general market growth as a consequence of the focus on earnings rather than market share.

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The contract logistics market in Western Europe grew by 6.7% in 2006 to reach €49 billion. This is one of the key findings contained in European Transport and Logistics Markets 2007, the latest report to be published by leading research organisation Transport Intelligence.

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DB Logistics/Schenker has been caught-out by the idiosyncrasies of the Chinese transport regulations, having been accused by Chinese authorities of operating with ‘false’ NVOCC licenses.

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Kuehne + Nagel’s recent growth has moderated only slightly over the past six months, as seen through its half-yearly figures for the period Jan- July 2007.

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ShipRush is a new software tool from DHL, allowing customers to ship directly from several popular business applications. They can now ship via DHL to contacts within QuickBooks, eBay or Microsoft Outlook, without re-keying address data in a separate shipping system.

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MOL Logistics, a subsidiary of the Japanese shipping group, has announced that it has established a regional headquarters in The Netherlands. The move will reinforce the development and expansion of the company’s network in Europe and enhance its sales activities in Central and Eastern European countries and Russia, where it anticipates strong economic growth. It will also promote the company’s localisation efforts in Europe.

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Container and bulk trains begin operations MondayJune 11th on a new 100-mile rail corridor linking the Port of Rotterdam with the German rail network.

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In 2006, rail increased its share in container transport to and from the Port of Rotterdam by more than 20%, improving its position with respect to the modal split from 9 to 11%. Road haulage accounted for 59% (2005: 60%) and inland shipping remained unchanged at just over 30%.

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