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Arlington, Va.-based specialty trucking and logistics firm Smokey Point Distributing has been purchased for $34 million by a group of investors including Dan Wirkkala, current president and chief executive officer. Wirkkala partnered with Dallas investor Don R. Daseke and Main Street Capital of Houston to make the purchase. Allegiance Capita...
Several European associations representing the interests of shippers and the logistics, express, freight forwarder and road transport industries are calling for extended use within Europe of longer, potentially heavier road freight vehicle combinations. They cite a study, published last week by the European Commission from a private research compan...
Germany is to inject government funding into engine-design work in the car industry, Chancellor Angela Merkel said in an interview with dpa. She spoke as the industry, a key German exporter, scales back production amid plunging worldwide sales. Germany invented the first cars a century ago. Now we are in a fresh competition to see if German industry c...
On 28 November 2008, Omnibus Groß GmbH, based in the town of Rottenburg am Neckar, became the first private bus and coach company in Germany to put the Mercedes-Benz CapaCity high-capacity bus into service. This highly symbolic move by a private company unquestionably marks the start of an era of innovative local public transport for the town of Tübingen ...
ABX AIR is to lay off further staff following DHL's move to transfer its Wilmington freight hub work to UPS at Louisville, Kentucky, with the cuts affecting technicians and machinists, said a statement released on the Ohio Department of Job and Family Services website. Following restructuring, which will save US$1 billion a year labour costs, the Wilm...
NIPPON Cargo Airlines won the 2009 International Forklift and Pallet Building Competition organised by Hong Kong Air Cargo Terminals Limited (Hactl) and held at the SuperTerminal 1 at Hong Kong International Airport. Nippon also won the pallet building title. JAL Cargo won both the safety and forklift driving awards while Air China Cargo won the manua...
EASTERN China city Wuxi's airport handled 39,600 tonnes of cargo and mail during 2008, a surge of 100.8 per cent over the preceding year, according to a report from Logistics Week. Last year, the airport received 1.64 million passengers, up 20.8 per cent. Aircraft movement rose 18.8 per cent to 16,323 flights. Average overall load factor was 71.4 per ...
CATHAY Pacific has revealed it has received approval from the Airport Authority of Hong Kong to delay the completion of its new cargo terminal to mid-2013 from 2011 because of the economic downturn. The Hong Kong carrier said in a statement that its subsidiary, Cathay Pacific Services, had signed an agreement with the authority to defer the project, a...
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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