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Media
Current credit market conditions and slowing activity in the United States will see merger and acquisitions in the global transport and logistics industry fall short of 2007 levels, according to PricewaterhouseCoopers. The accountants' quarterly report, Intersections, shows that both deal volume and value in the sector declined during the first quart...
Logistics company SEKO said it had expanded its Dubai operations into a new facility under new management. The company said the purpose of the office expansion and change in management is to better serve customers in the Dubai area and beyond, as well as to augment business by partnering with an established, independent organization that will adopt th...
Cott Corp., a large beverage retailer, has started to use the Intelligent Global Pooling Systems' plastic pallet pool to move its products. Each iGPS pallet is embedded with radio frequency identification tags. Cott is committed to innovation, product safety, a safe workplace and efficiency in the supply chain, said Rick Dobry, Cott's North Americ...
Scott Wolney said last week he is leaving as president of Avalon Risk Management to head Lincoln General Insurance Co. Avalon, which recently celebrated its 10th anniversary, provides insurance products for the transportation industry, including performance bonds for customs-related activity, ocean freight forwarding, foreign trade zones, cargo insura...
The repairing of the tanker “Star Hero” cost $1.7 mn. Because of short circuit the vessel, passing via the Suez Canal, lost its controllability and run aground. The exploring was realized at a yard in Greece – there was found a serious damage of hull plate. The total weight of replaced steel was 73 tons. According to the press-service of Rosgosstrak...
Baselcement plans to become the major supplier of building materials (sand, crushed stones, gravel) in Sochi. According to Kommersant, for this purpose the company is going to build a logistics center. The center will be built on the area of 6 hectares, 3 km far from Imeriinskaya plain. Its capacity will totaled up to 3 mn tons of building materials pe...
Vyacheslav Petrenko appointed head of Department of cargo transportation marketing and tariff politics of Russian Railways, the press-service of the company reports. Before this appointment V.Petrenko was the deputy of the head on marketing and tariffs of the company’s transport service center. Source: Seanews
A water tanker has arrived in Barcelona to provide the drought-striken region's population with drinkable water, AFP reports. “Sichem Defender” came from Tarragona in Spain's northeast with 19 thousand cub. m of water. It is said that four more tankers are due to arrive from the south of France to provide Barcelona's residents with regular water sup...
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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