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AMERICAN railway giant CSX Transportation plans to accelerate work to clear tracks for double-stacked container trains to run between east coast ports and the Midwest, reports The State Journal, of Charleston, West Virginia. The upgrade will enable double stacked container trains to travel from North Carolina through Virginia and Maryland, across West Vir...
CHINA posted a foreign trade value of US$208.2 billion in November, up 9.8 per cent year on year, and 5.4 per cent over October, Logistics Week reported. Export value dropped 1.2 per cent year on year, but rose 2.6 per cent month to month to $113.7 billion. Import value jumped 26.7 per cent year on year and increased nine per cent month to month to $94.6 ...
THE famous Baltic Dry Index, a measure of cost in shipping commodities, and regarded as a barometer of global economic health, posted its best-ever annual advance since it started in 1985. The 2009 advance of the London index that tracks transport costs in world shipping, was credited to Chinese iron ore demand, reported Bloomberg. The index advanced 288 ...
FESCO Logistics, a provider of worldwide logistics services and a division of FESCO North America, delivered a 100-ton roadheader to Novorossiysk, Russia today for transshipment to Sochi, Russia for construction of the site of the 2014 winter Olympics. The ALPINE MINER ATM 105-IC is a boom-type roadheader of the 100-ton class. The piece of equ...
Shenzhen's Jade Cargo International and the City of Chengdu have entered into an agreement to establish an air cargo hub for western China as part of official policy to build a regional centre for hi-tech and other export oriented companies, the Shipping Gazette informs. The agreement involves the launch of a freighter service between Chengdu and Europe ...
When the new US$180 million UPS intra-Asia hub at Shenzhen becomes operational in six weeks, American express giant UPS will transfer its Asian flights from Hong Kong to Shenzhen, reports Logistics Week. UPS Hong Kong-Macau managing director KK Leung also said the new Shenzhen hub would cut delivery time by at least a day while keeping UPS in closer touch...
A Singapore-based executive has pointed to the need to wipe out bribery relating to the bunkering industry. “There was no professional oversight in the early days and it was easy then as it is now for the ‘crooks’ to stick their fingers in,” a source speaking to Baird Maritime on condition of anonymity said. He has previously atten...
A bulk carrier is reportedly adrift in the seas of the North Pacific, according to the Jakarta Post. The ship ran into engine trouble en route from China to the Columbia River in Oregon but the crew radioed for help late on the morning of December 20, only when the weather turned bad. The vessel's owner, Apeejay Shipping, may decide to send a tug to retr...
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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