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Year-over-year cargo volume at the nation's major retail container ports fell for the 16th straight month in November. 2008 is on track to be the slowest year since 2004 as the U.S. economic downturn continues, according to the monthly Port Tracker report released today by the National Retail Federation and IHS Global Insight. Volume is projected ...
The Indian government on Sunday announced that excise duty for imported goods would be cut 4 percent across the board to stoke demand as the Asian nation's growth story wavers under economic certainty. The duty on everything from cars to washing machines to soap will see a reduced duty rate, according to the Times of India. The move came as part o...
Latest performance figures show a record number of coal train services being run during November and confirm the First GBRf's position as the third largest freight operator in the UK. The new figures show a 51% increase in the amount of coal services being undertaken by the organisation, compared to the same period in 2007- 2008, and show First GBRf h...
On 20 January 2009, Russian Railways (RZD) will hold Open Tender No.567 for a contract to design and supply up to 54 electric trains for suburban passenger lines in southern Russia. They will also serve the 2014 Olympics in Sochi. The tender is open to both Russian and foreign equipment manufacturers. The closing date for bids is 19 January 2009, and ...
Laser International – the Kent-based global logistics provider – has introduced a number of Schmitz Cargobull’s MEGA curtainsided trailers with VARIOS Top Technology to its extensive fleet. The new trailers will be used to bring express consignments of BMW Parts from BMW’s Central Warehouse to its UK distribution centre in Bracknell. Laser has handled...
Ukraine International Airlines review the results from operations in November and 11 months of 2008 In the period January to November 2008 Ukraine International Airlines carried 1.556 million passengers; 16,7% more than in the first 11 months of 2007. 103,000 passengers were carried in November 2008; 10% less than in November 2007. The passenger ...
Freight forwarder Project Professionals Group has signed Hong Kong-based Wangfoong Logistics for representation in South China, the company said Thursday. PPG, a specialist in project freight forwarding, now has a network of 125 members in 89 countries. Wangfoong has heavy lift capabilities on land and sea, as well as specialized equipment, like f...
Forwarding and logistics company UTi Worldwide Inc. reported third quarter net profit of $37.9 million, 8.6 percent more than the $34.9 million in the comparable period last year. Revenue was $1.21 billion for the fiscal quarter ending Oct. 31, up 3 percent from the $1.18 billion from last year's third quarter. The company had an improved operatin...
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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