Media
Media
NASHVILLE —A recent quarterly survey from Transport Capital Partners indicates that expectations for trucking carriers are lifting across several key metrics. These metrics, according to TCP, include freight volumes, freight rates and credit, among others. In terms of freight volumes, TCP found that expectations for incr...
Intelligrated Inc., a leading American–owned supplier of integrated material handling systems, announced that it successfully completed the purchase of FKI Logistex operations in North and South America from Melrose plc, a UK–based specialist manufacturing investment group. The strategic combination was definitively signed on May 28 and...
WASHINGTON —Roughly three months after the National Retail Federation (NRF) and the Retail Industry Leaders Association (RILA) announced their executive committees had agreed in principle to merge and create a single association, the organizations said this week they have ended merger discussions. “Following a deliberati...
A recent report from Drewry Shipping Consultants has analyzed the current newbuilding orderbook to assess the level of vulnerability and overcapacity. Drewry has established three stages of newbuilding demand between now and 2023. The results show that while productivity did not rise from 36m dwt between 2007 and 2008, the orderbook remains double the 9...
Glovis Co., a logistics company under the Hyundai-Kia Automotive Group of South Korea , appears to be planning to order pure car / truck carrier (PCTC) newbuildings. According to local media, the company plans to place an order for two to three ships with a domestic shipyard during the latter half of this year. Glovis purchased three second-hand 4,...
WASHINGTON —Despite some recent signals of improvement, carload freight and intermodal traffic volumes were down on United States railroads for the week ending January 20, according to the Association of American Railroads. Weekly carload freight, which does not include intermodal data, came in at 261,717 cars, down 17.7 per...
Human rights and civil society groups say an international scheme established in 2003 to prevent the trade in so-called conflict diamonds is potentially failing to meet its objectives. The groups said the Kimberley Process Certification Scheme has not effectively addressed issues of non-compliance, smuggling, money laundering and human...
Large retail industry trade groups Retail Industry Leaders Association and National Retail Federation have decided to end their merger discussions. “Following a deliberative process, RILA and NRF have ended discussions aimed at merging the two organizations. NRF and RILA will devote all resources to continuing the work they are ea...
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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