China COSCO (1919), soon to become the world's largest dry-bulk shipping carrier, revised its yearly profit forecast yesterday to beat market expectations, sending the share price even higher. The dual-listed China COSCO yesterday filed an urgent notice to the Shanghai Stock Exchange saying it expects 2007 profit to exceed its previous forecast by 50 ...
STRONGSVILLE, Ohio, Dec. 11 /PRNewswire/ -- For the last dozen years, Chris May was a key part of her town's holiday shipping frenzy. Her United Parcel Service (UPS) (NYSE: UPS) Mail Boxes Etc. store in Strongsville was the local "go to" stop for regular mail services and those angst-ridden last-minute dashes to get Aunt Maude's package in the mail before...
THE output value of China's logistics industry is expected to grow 20 percent annually to reach 1.2 trillion yuan (US$162.1 billion) in 2010, said the organizer of the Asian Inernational Transport and Logistics Exhibition on Saturday. In 2006, the added value of China's logistics industry rose 12.1 percent over the previous year, accounting for 17.1 percent ...
Russian Railways, JSC has announced an open tender on selling its handling complex in the port of Temryuk. The tender will be closed on December, 28. The initial price of the complex totals 1.1 bn rubles. According to the official report of Russian Railways, the company is going to sell some objects of immovables with areas of 57 000 sq m and 90 000 sq...
Project cargo specialists, Project Professionals Group, is proving to be the fastest growing logistics management network of its kind with 90 office locations around the world in only project forwarding and logistics companies. three months. PPG‘s General-Manager Kevin Stephens said today appointments in December, 2007, of representatives in South America ...
Pharmaceutical companies transporting raw materials and products in Envirotainer’s temperature-controlled air cargo containers to and from the United States, domestically in the United States and worldwide now have access to a wider network and more flight frequencies following Delta Cargo’s decision to accept the company’s RKN t2 and RAP t2 containers on bo...
Oleg Dorozhinsky appointed director of the logistics department of Hermitage Construction & Management. According to the press-service of the company, O.Dorozhinsky will be responsible for the warehouse projects development. Currently the company is realizing 5 projects of the total area of 430 thousand sq m in Saint-Petersburg, Novosibirsk, Rostov-on-Do...
Miele and Schenker in Finland have just signed a contract on a logistics partnership. Schenker will be Miele’s new partner for logistics in Finland. Effective 1st January 2008, the Miele spare parts activities will move to the Schenker premises in Helsinki. Schenker’s own parcel service Schenker Express will then deliver all Miele spare parts throughout the...
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