Canpotex, the world's largest exporter of potash, has selected the Canadian port of Prince Rupert as the site for a new West Coast potash terminal, according to the Prince Rupert Port Authority. The Canpotex terminal will be located on Ridley Island, a 1,000-acre greenfield industrial development with deepwater access, and be served by the Canadian Na...
APM Terminals Chief Operating Officer Peder Sondergaard said this week that time is running out for terminal operators to come to grips with security, capacity and environmental challenges. Speaking at the TOC Europe conference in Amsterdam, Sondergaard said the main problem is that vessel sizes are expanding yearly, while port capacity upgrades take ...
McCormick & Co. has selected St. Joseph, Mich.-based Hanson Logistics to provide logistics management services for McCormick's leading industrial restaurant chain clients. Hanson will service the account from its Benton Harbor, Mich., Logistics Center, where it said it has made extensive improvements to meet the quality standards McCormick's customers...
The U.S. economy grew at a 1 percent rate in the first quarter, according to final Commerce Department statistics. A preliminary report several weeks ago had said U.S. output for the period was 0.9 percent. Real Gross Domestic Product was 0.6 percent in the fourth quarter of 2007. The economy was buoyed by expenditures on personal consumption, exp...
The Burgas-Alexandroupolis oil pipeline project operator will start updating the feasibility study in the near future, Gazprom Neft's manager for the project Nikolai Seryogin told journalists today according to RBC. The participants of the project have decided to amend the old feasibility study, which was prepared by Germany's ILF as early as 2001, rather...
European block train operator Polzug Intermodal has opened a four-track, 45,000-square-meter rail terminal in Wroclaw, Poland to serve the burgeoning consumer electronics and automotive markets that cluster there. The Wroclaw Intermodal terminal will have daily service to and from the North European ports of Hamburg, Bremerhaven and Rotterdam. Storage...
Nasdaq notified Velocity Express Corp., whose stock traded at a high of $19.35 in the past year, risks being delisted because the company's common stock closed below $1 for 30 consecutive business days. Nasdaq notified Velocity Express June 19 that it is not in compliance with a marketplace rule regarding the minimum bid requirement for the continued ...
Shipco Transport has named Vince Monaco to vice president of business development in Canada, effective July 1. The Hoboken, N.J.-based non-vessel-operating common carrier also appointed Eddy Dumouchel to sales and development manager in Canada. Both Monaco and Dumouchel will be based out of Shipco's Montreal office. Jette Fortin continues as gener...
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