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The United Nations' World Food Program launched a massive effort this week to deliver desperately needed humanitarian aid to cyclone-shattered villages in Myanmar's southern coastal region. While the death toll from the weekend's storm is unclear, news reports from the Southeast Asian country have placed the number of dead as high as 22,000. WFP o...
Concord, Calif.-based third-party logistics provider Pacer International Inc. on Tuesday reported first quarter net income of $14.3 million, up 83.3 percent compared to $7.8 million a year before. Pacer's revenue for the quarter ended April 4 improved 9.5 percent to $509.4 million from $465.1 million recorded in the first quarter of 2007. The comp...
Bangladesh has banned export of rice, except for aromatic varieties, until Nov. 7 The Dhaka-based Daily Star newspaper reports that the ban is effective Wednesday and that the country joins Thailand, Vietnam, India and Brazil in banning exports. The paper quoted an unnamed commerce ministry official as saying the move was designed to ensure food se...
The United States and Indonesia met for two days late last week to further trade and investment ties between the countries. The countries also furthered their cooperation on regional issues and within the World Trade Organization's Doha Development Agenda. Indonesia has the largest economy in Southeast Asia and it plays an important role in the Do...
Austrian MEP Reinhard Rack has expressed concern over the “disastrous” safety standards in some of Europe’s road tunnels. A study of 31 tunnels in 11 countries found that every third tunnel failed to make the grade. The Parlement.com reported. Countries with the worst records were Norway and Italy, according to the survey by EuroTap, the European Tunn...
The International Air Transport Association (IATA) announced global scheduled international traffic data for March. Compared to the same month in the previous year, passenger demand increased 5.8% with load factors at 77.7%. Freight traffic grew 3.2%. March passenger growth is positively skewed by the Easter holiday period which was in April of the pr...
Lufthansa Cargo Charter has appointed Volker Dunkake Head of Global Sales and Services, effective 1 May 2008. Volker Dunkake will be responsible for the coordination and management of the company’s global sales and marketing activities. He will supervise Lufthansa Cargo Charter Agency’s existing Competence Centres in Frankfurt, Chicago, Hong Kong and ...
Silverjet plc, the British exclusively business class airline, announces that on 2 May 2008 it entered into both a Subscription Agreement and a Loan Facility Agreement with Viceroy Holdings LLC which is affiliated with Viceroy Fund, an international luxury development fund based in the USA and UAE, details of which are set out below. Lawrence Hunt,...
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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