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YRC Worldwide, which owns the largest combined less-than-truckload fleet in North America, said it posted a second quarter profit of $36.2 million, moving into the black after a difficult two quarters that included some large restructuring charges. The results were in the upper range of financial targets provided by company officials since mid-April. ...
Rick A. Rude, a Falls Church, Va.-based attorney who was a well-known expert in domestic shipping law and advocate for shippers and non-vessel-operating common carriers, died July 12 of a heart attack. He was 59. I've lost an advocate, a friend and probably one of the most ethical men I've ever met, said Brad Dechter, owner and chief executive officer...
Logistics company SEKO said it has expanded its facility at John F. Kennedy International Airport in New York by adding strategic sales and handling of domestic operations to existing international shipment capabilities. SEKO said the expansion is in response to a major increase in import and export needs from Fortune 100 clientele. In addition to ser...
Sixty percent of supply chain executives are measuring their transportation and logistics emissions, according to new report by eyefortransport, a company the produces reports and conferences on transport and logistics issues. The company said its Green Transportation & Logistics North American Report surveyed more than 500 North American supply chain...
The Hong Kong-based operator of the container vessel COSCO Busan, which struck a Bay Area bridge in November 2007 and discharged more than 50,000 gallons of fuel oil into San Francisco Bay, now faces six new federal felony charges, according to a federal indictment released Wednesday. U.S. Justice Department officials said a federal grand jury in San ...
PierPass Inc.'s OffPeak after-hours marine terminal gate program at the ports of Long Beach and Los Angeles has diverted more than 9 million truck trips from peak daytime traffic since the program's start in July 2005, according to a study commissioned by the Long Beach-based entity. Conducted by Kenmore, Wash.-based BST Associates, the study found t...
The U.S. Coast Guard closed the Lower Mississippi River Wednesday to all vessel traffic from mile marker 99 to mile marker 70, following the release of 419,286 gallons of No. 6 fuel oil into the water when the chemical tank ship Tintomara collided with an American Commercial Lines barge which was being pushed by the tug boat Mel Oliver at about 1:30 a.m. ...
Freight transport and logistics company Con-way said second quarter operating income rose 22.2 percent to $94.9 million compared to $77.6 million in the same 2007 period. Overall earnings were essentially flat at $47.1 million taking into account dividends, increased vehicle casualty claim costs and a tax gain. Con-way said business has stabilize...
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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