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Fujitsu Siemens on Friday sent 50 containers full of high-end IT products from Xiangting, in central China, to Germany by rail, said DB Schenker, one of three primary railways responsible for a transcontinental freight line linking Asia to Europe. The train is due to arrive in Hamburg on Oct. 6, completing the more than 6,000-mile journey in 17 days. ...
The U.S. Department of Transportation said it will accelerate three projects to reduce border crossing delays in California, Texas and Washington. Transportation Secretary Mary E. Peters on Monday said the projects would receive priority access to discretionary programs, including innovative financing. The projects, which will explore public-private p...
Lower fuel costs have contributed to Union Pacific Corp., owners of Union Pacific Railroad, upgrading its third quarter earnings target. The company is now expecting earnings to be in the range of $1.28 to $1.33 per share, or growth of 28 to 33 percent versus the third quarter 2007. The new forecast exceeds Union Pacific original earnings projection o...
A John McCain administration would seek to enhance and complete the border management and cargo security programs begun by the Department of Homeland Security and U.S. Customs during the past six years, a campaign representative told customs brokers gathered in Washington on Monday. Democrats in Congress have criticized the DHS strategy of targeting...
The U.S. Trade and Development Agency will host a training workshop in November in Hanoi, Vietnam, to bring together U.S. public and private sector officials and customs officials from Indonesia, Malaysia, the Philippines and Vietnam. The goal of the workshop, said USTDA, is to share U.S. private and public sector expertise and technology solutions to...
The U.S. Export-Import Bank and the parent of Air India on Friday concluded a deal for $548.6 million in financing to fund the airline's purchase of Boeing aircraft. It's the latest in a string of financing arrangements set up by the Ex-Im Bank linking India with major U.S. exporters. The fast-growing Indian market offers enormous opportunities fo...
Kansas City Southern said it will challenge a decision by a Mexican court that would allow a competing railroad to operate on the tracks of a subsidiary in Mexico. The company said on Sept. 15, the Mexico Administrative Federal Court announced a decision, which if upheld, would permit Ferrocarril Mexicano, S.A. de C.V to serve customers on-rail lines ...
Canadian National Railway Co. said it has petitioned the U.S. Court of Appeals for the District of Columbia Circuit for an expedited ruling ordering the Surface Transportation Board to render a final decision on the merits of CN's proposed acquisition of the principal lines of the Elgin, Joliet & Eastern Railway Co., to allow the transaction to close by D...
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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