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The Bulgarian parliament has ratified an agreement on building a pipeline to pump natural gas to southern Europe, Vice Premier Igor Sechin said on Monday according to RIA Novosti. The $14 bln South Stream pipeline is expected to annually pump 30 billion cubic meters of Central Asian and Russian gas across the Black Sea to the Balkans and onto other Eu...
Sterling Transportation has appointed Bruce Roberts to president and chief operating officer. He replaces Keith Davis, founder and owner, who has assumed the role of chairman and chief executive officer of the Los Angeles-based less-than-truckload carrier. Prior to this appointment, Roberts served as corporate vice president at Sterling. Other...
Hub Group Inc. reported second quarter profit of $15 million, a 9 percent increase versus income for the second quarter of 2007. Hub Group's revenue for the period was $490.9 million, 22 percent more than the second quarter of 2007. Source: American Shipper
Some containers are being delayed for weeks at Canadian ports because of a program for Canadian customs inspectors to test containers for the presence of potentially harmful chemicals including formaldehyde. The Canada Border Services Agency (CBSA) -- Canada's equivalent of U.S. Customs and Border Protection -- enhanced a program to test containers fo...
The U.S. Congress has sent President Bush a bill to renew the ban on imports from Burma because of the military regime's human rights violations. The government denied much needed foreign aid to enter the country following a devastating cyclone earlier this year. On Thursday, the Senate passed the Burmese Freedom and Democracy Act following a voice vo...
Citigroup said last week that transportation constraints in Australia will cap the amount of coal the country is able to export until at least 2014, Bloomberg reported. An analyst from Citigroup said that prices of coking coal may reach a record in April due to insufficient rail capacity to deliver the material to Australian ports. Ports themselves ar...
The European Union last week decided to end preferential tariffs for Vietnamese-made footwear and other products starting Jan. 1, news agencies reported. At a European Commission meeting to renew the EU's system of general preferences for products from developing countries from January 2009 to the end of 2011, the body withdrew Vietnam's preferential ...
U.S. Customs and Border Protection plans to delay by at least six months deployment of a new cargo manifest processing system expected to help improve cargo flows, according to Louis Samenfink, executive director of the cargo systems program office. The agency was scheduled to roll out in mid-to-late October the electronic manifest function for ocean ...
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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