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German logistics and postal service giant Deutsche Post World Net said second quarter operating profits fell 4.4 percent to 672 million euros ($1 billion) due to one-time write-offs at its DHL U.S. Express division and Financial Services division. For the first half of the year the drop off was 11 percent to 1.5 billion euros ($2.3 billion). Exclu...
The Australian Broadcasting Corp. says the last animals that comprised the world's single biggest shipment of export cattle arrived in Indonesia recently. A record 23,372 head of cattle were delivered by a specialized cattle carrier, the Stella Deneb, besting by about 1,200 the previous record. The cattle were loaded in Townsville and Darwin, Australi...
The National Foreign Trade Council on Friday released a new study, Connecting the Dots: The Global Economy and Supply Chain Management, which explores emerging trends in global commerce. Premised on the idea that the international community has shifted from a trading system primarily based on exporting and importing goods to a more integrated system o...
Slumping timber giant Weyerhauser, in an attempt to attract the attention of Wall Street investors, may have to considering a radical transformation of its company, a report in the Seattle Times Saturday suggested. The Pacific Northwest-based Weyerhauser is one of the last wholly vertically integrated companies in the lumber business, meaning it contr...
Norwegian shipping company Wilh. Wilhelmsen ASA, a half owner of Wallenius Wilhelmsen, reported net profit of $74.2 million for the second quarter compared to $62.4 million in the same 2007 period. Operating income, which includes both operating revenue as well as share of profits from associates and joint ventures and gains on sales of assets, was $3...
A company called OnlineDrayage.com has launched a Web site devoted exclusively to international intermodal shipments, aimed at improving user operating efficiencies by matching empty containers with over-the-road operators serving local, regional and long-haul trucking markets. OnlineDrayage.com is based in Miami, but the new Internet portal will be n...
New Jersey-based global trade management software firm Management Dynamics Inc. has released a new software service for automating air freight logistics processes. The new on-demand Air Rate Manager software allows shippers and logistics companies to make better routing and carrier selections and speed auditing of air waybills, which the firm claims w...
FedEx Express has introduced the first Boeing 757-200 freighter to its fleet and plans to add 11 more of the narrow-body planes in the next year to replace its aging 727s, the overnight carrier said. The 757 has been placed in service on a new route between FedEx's main hub in Memphis, Tenn., and Ronald Reagan Washington National Airport, which primar...
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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