Sen. John D. Rockefeller, D-W.Va., confirmed Monday he has accepted the chairmanship of the Commerce, Science and Transportation Committee. By rule, he will give up his position as chairman of the Intelligence Committee. Source: American Shipper
The U.S. government said it spent $2.3 billion in fiscal year 2008 on so-called Aid for Trade programs, a 60 percent increase from the 2007 fiscal year. Since 2000, the United States has provided more than $9.7 billion in total trade-related assistance to developing countries, mostly through the Agency for International Trade Development and ...
Evonik Industries AG, Essen and Daimler AG, Stuttgart are developing the energy storage of the future. Based on lithium-ion technology from Evonik and with Daimler expertise, both groups will drive forward the research, development and production of battery cells and battery systems in Germany. In the near future, Li-Tec cells will appear in electric vehi...
Japan Airlines (JAL) announced that it will be the first airline to conduct a demonstration flight using a sustainable biofuel refined from the energy crop, camelina. The airline also announced that the demo flight is planned for January 30, 2009 out of Haneda Airport, Tokyo. A blend of 50% biofuel and 50% traditional Jet-A jet (kerosene) fuel will be...
Laufer Group International has opened an expanded customs bonded container freight station in Kansas City, Mo. At the 50,000-square-foot facility, Laufer will provide importers with comprehensive domestic drayage and delivery programs, customs clearance, short- and long-term warehousing options, cross-docking/transloading as well as other con...
UPS Freight, the heavy freight arm of UPS, said it has begun offering faster transit times between central Illinois and points throughout the United States. The new, enhanced direct service places all of Illinois under a next-day blanket and draws major markets such as Dallas, Atlanta, Pittsburgh and Minneapolis, to within two days of central...
Former union boss Ron Carey, who assumed the International Brotherhood of Teamsters presidency in 1992 promising to purge the union of mob influence only to be ousted in 1997 amid a financial scandal, died Thursday. He was 72. Carey joined the Teamsters in 1956 working as a driver for United Parcel Service, becoming a New York Teamsters local pres...
Warren Buffett's Berkshire Hathaway has boosted its stake in Burlington Northern Santa Fe Corp. to more than 20 percent, reports the Associated Press. Citing SEC documents, the news service said National Indemnity Co., one of Berkshire's subsidiaries, has increased its stake to more than 70 million shares. Source: American Shipper
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