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US HOMELAND Security Secretary Janet Napolitano admitted defeat in the face of 100 per cent cargo screening of shipping cargo following trials on import freight at five US ports, but blamed it all on lack of technological advances and logistical problems of intermodal containers. The crippling cost of the programme initiated following 9/11 runs to around ...
NEWARK Liberty International Airport's Terminal C was locked down with all out going flights suspended Sunday as officials investigated a suspected security breach, reported The New York Times. The alarm was raised when a man was spotted walking the wrong way down the exit lane between the secured, or "sterile," area and the public area at around 5.20pm....
THE US Senate Committee on Commerce, Science and Transportation has approved a bipartisan bill co-sponsored by Republican senator and ranking committee member Kay Hutchison and committee chairman and Democrat John Rockefeller that contains a proposal for what is considered to be the most comprehensive rail reform legislation to move through the Commerce Com...
INDIA's state-run container rail operator Container Corporation of India (Concor) suffered losses last year - the first time in 20 years - but with world trade recovering and domestic cargo growing, the company feels on track to achieve better results this year. "We feel the overall position will be better than last year. We expect to make over INR38 bil...
NEW YORK Times op-ed columnist and Nobel laureate economist Paul Krugman says that in next year China must float the yuan or feel the sting of a global protectionist backlash. "China has become a major financial and trade power. But it doesn't act like other big economies. Instead, it follows a mercantilist policy, keeping its trade surplus artificially ...
GUANGDONG has recorded the first growth of 12.4 per cent in its foreign trade value in November since a year ago to US$60 billion, 2.6 per cent more than the national growth rate, Logistics Week reported. Exports rose 2.4 per cent to nearly $35 billion, the highest monthly volume in 2009, while the national total decreased 1.2 per cent in the same month. ...
Six laning project involving the 71.40-km long Gandhidham-Mundra port section of National Highway (NH)-8A in Gujarat, under the National Highways Development Programme (NHDP) Phase III was approved by the cabinet committee on infrastructure on a design, build, finance, operate and transfer (DBFOT) basis. The total project cost is estimated at Rs 9.54 billio...
European Express Logistics group Deutsche Logistics (DL) will start its international outbound operations from 5th January 2010. DLXpress, DL's flagship service for Express Courier and logistics will start accepting consignments with standard service plaforms that will ensure delivery of packages and documents to more than 200 countries across the world in...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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