Logistics News

UPS lowers 2nd quarter earnings per share guidance Jun 25, 2008

UPS on Monday lowered its second quarter expectations, saying that slow U.S. economic growth and record fuel prices have contracted U.S. package and premium air volumes. In addition, the anemic U.S. economy is negatively impacting package volume into the United States, affecting results for the International segment. Performance in the Supply Chain & ...

Lakers say they are hampered by shallow water Jun 25, 2008

The U.S.-Flag Great Lakes fleet moved 11.9 million tons of dry bulk cargo in May, a 2 percent decrease compared to a year ago. The Lake Carriers' Association said demand for iron ore is very strong and total iron ore carried was up 8 percent. But the group said the largest vessels in that trade were still losing 6,000 tons or more each trip becaus...

Sherman joins Venable in Washington Jun 25, 2008

Michael D. Sherman, an international trade/regulatory compliance attorney, has joined the Washington, D.C. office of Venable. He was a partner in the Washington office of Kelley Drye & Warren LLP, and had been a longtime partner with the firm of Collier Shannon Scott PLLC, prior to that firm's 2006 merger with Kelley Drye. Sherman has nearly three...

U.S. Army's Dunwoody nominated to four-star general Jun 25, 2008

President Bush has nominated Lt. Gen. Ann E. Dunwoody of the Army for appointment to general and assignment as commander of the Army Material Command. Dunwoody is deputy commanding general/chief of staff for the Army Material Command. If confirmed by the Senate, she will be the first female four-star general in American history. Her 33 years of s...

Nansha volumes skyrocketing Jun 24, 2008

The Nansha container terminals in the Port of Guangzhou continued their unabated growth in May, with volume through the two west Pearl River Delta terminals climbing 31 percent and 538 percent from the same month in 2007. The first terminal to open in Guangzhou's deepwater port development, Nasha Container Terminal, saw 31 percent growth, to 435,000 T...

Expeditors: European investigators asking for information Jun 24, 2008

Expeditors International of Washington Inc., the international freight forwarding and logistics company, said its U.K. subsidiary, Expeditors International (U.K.) Ltd., received a request for information June 18 issued by the European Commission seeking certain information and records relating to an ongoing investigation of freight forwarders. Expedit...

BA World Cargo raises fuel surcharge Jun 24, 2008

British Airways World Cargo will increase its fuel surcharge to .81/$1.25/1.25 euro, effective July 4. The airline said the increase follows a second consecutive week that its fuel index has been above the level 25 threshold. The continued rise in fuel prices has made it necessary to increase our fuel surcharge by two levels, in line with the inde...

Driving behavior impacts infrastructure funding Jun 24, 2008

The shortfall in the national highway trust fund is likely to worsen in the next year because of fewer gas tax receipts as Americans continue to drive less in the face of record gas prices. Total miles driven declined for the sixth month in a row in April, as motorists drove 1.4 billion fewer highway miles than a year earlier and 400 million fewer mil...

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Transportation Center Connecting As

Transportation Center Connecting Asia and Europe Market

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.

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Qingdao Saint Voyage Log

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

  • Business Type:trans/forwarder
  • Country:China