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New Zealand-based Mainfreight Ltd. has announced a new senior management structure for its CaroTrans International unit, designed to allow for global expansion of the brand. Greg Howard has been promoted to global chief executive officer for CaroTrans International, with responsibility of capitalizing on opportunities around the globe and building th...
British logistics firm TDG on Friday said it has reached agreement with Laxey Partners Ltd. on the terms of a recommended cash offer for TDG at .50 ($5) per share. Laxey also intends to make an alternative offer of ? ($4) per share in cash plus the opportunity for shareholders to participate in the equity of the acquisition vehicle to be established b...
Jordan and the United States last week formally agreed to harmonize their industry partnership programs for cargo security during the World Customs Organization's annual Council meeting in Brussels, U.S. Customs and Border Protection said. The mutual arrangement means U.S. Customs will recognize Jordan Customs' Golden List program as compatible with i...
The global contract logistics industry was largely immune to the economic downturn hurting other transport and logistics sectors in 2007, but can expect the next few years to be more challenging, according a new report from Transport Intelligence (Ti), a United Kingdom-based analyst. Figures published today in Ti's latest report, Global Contract Logis...
Turkmenistan plans to start exporting natural gas to China in 2009, Turkmen President Gurbanguly Berdymukhammedov said on Friday according to RIA Novosti. He said the diversification of energy transportation routes to world markets was a priority for the country, whose natural gas reserves are estimated at 24.6 trillion cubic meters. Construction ...
Fireworks made in China may have a tough time making it to U.S. shores in time for July 4 shows, according to an Associated Press report Monday. The number of Chinese ports willing to handle the country's huge number of fireworks exports is dwindling due to safety concerns. An explosion in February at a warehouse in South China prompted the Port of Sa...
Maersk Line said today it will remove 2,000 FEUs from its Asia/Europe network capacity as it seeks to improve cost efficiency at a time when fuel costs are soaring. From early July, the Danish carrier will make minor adjustments to four of its services in the trade: AE5 will be suspended as of July 5 with the AE8 taking over coverage of Kaohsiu...
Great Wall Airlines has appointed Alvin Tay as vice president, sales and marketing, effective Tuesday. Prior to joining the Shanghai-based all-cargo airline Tay was general manager for the United Kingdom, Ireland and Scandinavia at Singapore Airlines Cargo, one of Great Wall's parents. He will replace Low Peng Hong, who is retiring at the age of 65. ...
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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