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Forum 2009

Supply Chain Asia Forum 2009 will be held in Singapore from 7-9 July 2009 at Sheraton Towers Hotel. Forum brochure is now available for download. If you keen to participate as a sponsor, you can download the Marketing Kit by clicking here.

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Executive Diploma in Supply Chain Management (Asia) - 1st Intake
Jan 5th - Jan 9th
8:00am - 5:00pm
Supply Chain Careers 2009
Mar 28th - Mar 28th
9:00am - 4:00pm
Supply Chain Asia Forum 2009
Jul 7th - Jul 9th
8:00am - 5:00pm

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Executive Diploma

Executive Diploma in Supply Chain Management (Asia) is a joint project between Rasmussen & Simonsen International (RSI) and Supply Chain Asia Academy. An industry-focused program and train entirely by practitioners of the profession, the first intake is from 5-9 Januaryt 2009 and will be held in Singapore. Click here for more information.

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M&A News
M&A News - M&A activity slowing down due to economic downturn Print E-mail

The current bad economic/credit environment has impacted on the number and values of mergers and acquisitions (M&A) in the transport and logistics industry during 2008. A reduction in M&A activity in the US over the last year has been followed by a similar trend in other regions of the world which have also been hit by the economic slowdown. As revealed in the report 'Intersections: Global Transportation and Logistics mergers and acquisitions analysis' by assurance, tax and advisory services company PricewaterhouseCoopers (PwC), between January and September 2008, 125 M&A deals (valued at US$50m or higher) were announced, 37 of them in the third quarter (Q3). With the current economic climate, deal activity in Q4 2008 is not expected to exceed the levels seen in Q3 and may even decline. In 2007 as a whole, 193 M&A deals were announced, so it is unlikely that number will be matched in 2008. A significant number of large M&A deals (disclosed value of at least $1bn) were announced in the first nine months of 2008, with 14 of the largest contributing a total deal value of $66m. However, with only one of those 14 occurring in Q3 2008, the aggregate deal value declined, reaching only $11bn in Q3.

 
M&A News - DSV takes 100% ownership of ABX Logistics in Australia Print E-mail

DSV has announced that it had acquired the remaining 60% of the shares in ABX Logistics (Australia) Pty Ltd to give it full ownership. According to DSV, the revenue of ABX Logistics (Australia) for the financial year July 2007-June 2008 was AU$42,347 thousand (DKK163,840 thousand), with the EBITA figure being AU$2,595 thousand (DKK10,040 thousand).

 
China government approves merger of Sinotrans and Changjiang Print E-mail

China has approved the merger between China National Foreign Trade Transportation, better known as Sinotrans, and China Changjiang National Shipping. Chanjiang National Shipping vice-president Shen Guanghan said the government is now considering the management structure of the merged entity. There’s no timetable yet for the launch of what could be China’s second-largest shipping logistics firm by assets after China Ocean Shipping (Cosco). Sinotrans Group is a freight-forwarding and express-delivery service provider, and Sinotrans Shipping is China’s third-largest dry-bulk shipper by capacity.

 
M&A News - NOL drop bid for Hapag Lloyd Print E-mail

NOL has officially announced that was pulling out of the bidding for Hapag Lloyd, leaving the consortium from Hapag-Lloyd's home town as the sole bidder. Investors led by financier Christain Olearius, head of Hamburg-based bank MM Warburg, logistics entrepreneur Klaus-Michael Kühne, and the city council had bid about €4bn ($5.3bn) to keep the container shipping company German.

 
M&A News - Descartes Buys Dexx Print E-mail