Browsing: Logistics

All across Europe, banks are writing off billions of euros as the credit crunch takes its toll. Deutsche Bank’s last figures show that pre-tax profit for the quarter April-June at 642m euros was down from 2.7 billion euros the year before.

International logistics provider Dachser has opened a Swiss branch in Reinach near Basle, replacing its existing department in Glattbrugg, as it aims to consolidate it sea freight activities.

British Airways World Cargo is set to lower its fuel surcharge to 75 pence a kilo on 4th September after the fuel index fell below the level 23 threshold for the second consecutive week.

Vehicle tracking equipment manufacturer Navman Wireless has launched a zone report tool designed to monitor vehicles entering the London Low Emission Zone and help them avoid getting unnecessarily penalised.