Post, Freight and Carriers - International Freight News

International Freight News

Alaska Air test 'greener' landing; AA to pay $5M in freight case; Singapore Airlines posts profit Thursday, July 29, 2010 @ 9:42AMHere is a round-up of recent aviation stories posted on USATODAY.com. The stories listed below are not covered elsewhere in the Today in the ...
Lufthansa cargo plane crashes in Riyadh Thursday, July 29, 2010 @ 9:26AMA cargo plane has crashed on arrival at the King Khaled International Airport in Riyadh, Saudi Arabia.
$47,162 for Rota airport used to buy uniforms, camera, bush cutter Thursday, July 29, 2010 @ 9:07AMSINAPALO, Rota-Over $47,000 in public funds intended for the improvement of the Rota International Airport was used instead to buy a bush cutter, a camera, uniforms and other materials not in accordance with the defined uses for capital improvement projects.
United Arab Chemical Carriers Selects Triple Point for Chartering and Vessel Operations Thursday, July 29, 2010 @ 8:22AMSINGAPORE--(Marketwire - July 29, 2010) - Triple Point Technology ® , the leading provider of multi-market commodity and enterprise risk management software solutions , announced today that United Arab Chemical Carriers Ltd. (UACC) has selected Triple Point's Chartering and VesselOpsT software to manage commercial vessel operations for its global refined oil products and petrochemicals shipping ...
United Arab Chemical Carriers Selects Triple Point for Chartering and Vessel Operations Thursday, July 29, 2010 @ 8:00AMSINGAPORE--(Marketwire - 07/29/10) - Triple Point Technology, the leading provider of multi-market commodity and enterprise risk management software solutions , announced today that United Arab Chemical Carriers Ltd. (UACC) has selected Triple Point's Chartering and VesselOps software to manage commercial vessel operations for its global refined oil products and petrochemicals shipping business ...
TPM Asia to Address Global Shipping Industry's Steps to Economic Recovery Thursday, July 29, 2010 @ 7:58AMWith container shipping still roiling in the aftermath of global slowdown and its profound impact on shipping, The Journal of Commerce TPM Asia conference will help make sense of what is happening in the market today.
AMR Agrees to Give Evidence Against Other Carriers, Including About Canada Thursday, July 29, 2010 @ 7:57AMAMR Corp. ’s American Airlines agreed to give evidence against other carriers and pay $5 million to a group of freight shippers to settle a New York class-action lawsuit over its role in a global price-fixing cartel.
China’s Sashimi Appetite Boosts Cathay Pacific Thursday, July 29, 2010 @ 7:45AMWealthier Chinese are demanding more imported fresh fish, which is helping fill cargo planes
Striking Greek truck drivers clash with police Thursday, July 29, 2010 @ 7:27AMAthens - Hundreds of striking truck drivers clashed with riot police in front of the Greek transport ministry on Thursday after the government issued an emergency order to force them back to work.
International air travel leaps on Asian movements Wednesday, July 28, 2010 @ 6:51PMInternational air travel grew faster than expected in June led by a sharp improvement in Asia, airline association IATA said on Wednesday.
China’s Sashimi Appetite Helps Cathay Pacific Fill Cargo Holds Wednesday, July 28, 2010 @ 6:46PMXin Jing spends about 200 yuan ($30) on Japanese sashimi each time she visits City’super’s grocery store in Shanghai. Her appetite is helping fill cargo planes bound for China, boosting profit at Cathay Pacific Airways Ltd.
IATA: Air freight demand leaps in June Wednesday, July 28, 2010 @ 6:26PMGENEVA: Air cargo demand jumped by more than a quarter in June compared with a year ago and passenger numbers rose more than one tenth as airlines saw a growing recovery from the economic crisis, industry figures showed.
Global Trade Positioned For Growth Into 2011 Wednesday, July 28, 2010 @ 6:05PMWorld trade by all modes of transportation will grow 8.1 percent in 2010 and 6.9 percent in 2011, according to the latest forecast from IHS Global Insight's World Trade Service. This compares to a 7.2 percent contraction in world trade in 2009.
Shipping goods from Asia more costly Wednesday, July 28, 2010 @ 5:49PMShip-owners cite shortage of containers; railways unlikely to reap windfalls
Lufthansa Operating Profit Triples, Topping Estimates, on Demand for Cargo Wednesday, July 28, 2010 @ 5:29PMDeutsche Lufthansa AG , Europe’s second-biggest airline, tripled its quarterly operating profit, topping analysts’ estimates , on a recovery in demand for travel and freight transport.
Greece's Papandreou Orders Truckers Back to Work as Fuel Supplies Dwindle Wednesday, July 28, 2010 @ 4:22PMGreece’s government ordered truck drivers back to work after talks deadlocked in a bid to end a strike that has led to nationwide fuel shortages.
Cliffs Natural Resources Inc. Reports Second-Quarter 2010 Results Wednesday, July 28, 2010 @ 4:10PMCLEVELAND----Cliffs Natural Resources Inc. today reported second-quarter results for the period ended June 30, 2010. Consolidated revenues were up 203% for the second quarter to a record of $1.18 billion, from $390.3 million in the same quarter last year.
Wheat seen facing less competition in Asia Wednesday, July 28, 2010 @ 6:19AMOutlook mixed for Australian prime hard wheat crop. 28 Jul 2010 9:10 PM
IATA reports surprising growth in air travel Wednesday, July 28, 2010 @ 5:44AMInternational air travel grew faster than expected in June led by a sharp improvement in Asia, airline association IATA said today.
Management Dynamics Imports $15M - cbl Tuesday, July 27, 2010 @ 7:45AMBy citybizlist StaffEAST RUTHERFORD, N.J. -- According to an SEC filing, Management Dynamics, Inc. c...
Inmet Announces Second Quarter Earnings Tuesday, July 27, 2010 @ 7:40AMTORONTO, CANADA--(Marketwire - 07/27/10) - All amounts in Canadian dollars unless indicated otherwise Inmet (TSX: IMN - News ) announces second quarter earnings. Second quarter highlights -- Foreign exchange losses reduce earnings Inmet announces second quarter earnings of $0.86 per share compared with earnings of $1.37 per share in the second quarter of 2009. Our net income this quarter was $39 ...
Lufthansa Pilot Reported Fire as Cargo Plane Crashed on Landing in Riyadh Tuesday, July 27, 2010 @ 7:33AMThe pilot of a crashed Deutsche Lufthansa AG freight aircraft reported a fire in the cargo bay of the plane to the Saudi authorities, a Saudi civil aviation spokesman told Al Arabiya television today.
18,077.61 Tuesday, July 27, 2010 @ 7:33AMBinani Cement Limited, the flagship company of Braj Binani Group, has registered net sales of Rs4290.4mn for first quarter ended 30 June, 2010. The company’s power generation (net of captive consumption) has shown an increase of 97% to 773 lakh KWH compared to 392 lakh KWH in the corresponding quarter last year.
Cargo plane crashes in Saudi Arabia; 2 injured Tuesday, July 27, 2010 @ 7:20AMA Lufthansa cargo plane crashed in Riyadh, Saudi Arabia, on Tuesday, and two pilots aboard were injured, the German company confirmed.
FedEx, UPS Signal Export-Led U.S. Growth Momentum Tuesday, July 27, 2010 @ 7:04AMFedEx Corp. and United Parcel Service Inc., two bellwethers of the U.S. economy, are signaling durability of a global recovery powered by growth overseas rather than demand at home.
Kansas City Southern Reports Second Quarter Revenue Increase of 35% on Volume Increase of 24%; Record Operating Ratio ... Tuesday, July 27, 2010 @ 7:00AMKANSAS CITY, Mo.----Kansas City Southern reported second quarter 2010 revenues of $461.6 million, a 35% increase compared to the corresponding 2009 period. Revenue growth was strong across the board when compared to second quarter 2009, which was the weakest revenue quarter during the recent economic downturn.
Johnson Controls To Acquire 90% Stake In Delkor Tuesday, July 27, 2010 @ 6:59AMMagna International said that four of its operating units have been awarded new business from Volksw ... Magna Seating, an operating group of Magna International, and Hollingsworth Logistics, a provider of ...
Air France-KLM seen returning to profit in quarter Tuesday, July 27, 2010 @ 6:28AM(AP:PARIS) Air France-KLM reports its fiscal first-quarter results after the Paris stock market closes Tuesday.
Air France-KLM seen returning to profit in quarter Tuesday, July 27, 2010 @ 6:10AMAir France-KLM reports its fiscal first-quarter results after the Paris stock market closes Tuesday. WHAT TO WATCH FOR: Europe's biggest airline group is expected to return to profit after reporting its its biggest loss in more than 15 years last year as the global economic crisis hammered freight and passenger traffic.
Transcat Reports 20% Revenue Increase for the First Quarter of Fiscal 2011 Monday, July 26, 2010 @ 3:05PMROCHESTER, N.Y.----Transcat, Inc. , a leading global distributor of professional grade handheld test and measurement instruments and accredited provider of calibration, repair and weighing system services, today reported financial results for its fiscal 2011 first quarter ended June 26, 2010.
Southwest Florida International Airport reports June traffic Monday, July 26, 2010 @ 2:46PMDuring June, 476,625 passengers traveled through Southwest Florida International Airport, an increase of 3.3 percent compared to June 2009. Year-to-date, passenger traffic is down 0.87 percent from the same period last year.
Ten years of the ISS: Russia faces new problems Monday, July 26, 2010 @ 1:50PMOn July 26, 2000 the Russian-made Zvezda module docked with the U.S.-made Unity and the Russian-made Zarya modules, creating the International Space Station.
Grim Questions Follow German Stampede Sunday, July 25, 2010 @ 1:56PMA deadly stampede at a German music festival over the weekend has raised accusations of negligence aimed at event organizers, politicians and the police.
Good transport key to U.S. ag Sunday, July 25, 2010 @ 10:33AMMike Steenhoek is executive director of the Soy Transportation Coalition. Over the years, U.S. farmers have devoted significant attention and resources toward increasing yields and expanding market opportunities.
Aramex second quarter net profit up 10% Sunday, July 25, 2010 @ 6:58AMAramex Aramex (DFM: ARMX), the global logistics and transportation solutions provider, today announced its second quarter earnings for the three months ending June 30, 2010. The company reported net profits of AED 55 million, a 10% increase over the AED 50 million posted in the corresponding period of 2009. Net profits for the first half of 2010 stood at AED 102 million, growth of 10% over the ...
Week in Review: 07/25/2010 Sunday, July 25, 2010 @ 6:38AMBELLAIRE — An Alba teen faces a string of felony charges after police said she engaged in sexual conduct with a juvenile relative on several occasions.
USA Select team members got to learn from the best Sunday, July 25, 2010 @ 4:06AMLAS VEGAS - Duke guard Nolan Smith has spent enough time around Mike Krzyzewski the past four years to understand how important USA Basketball has become.
Anchoring success - effective management of energy companies' shipping interests Sunday, July 25, 2010 @ 3:43AMDubai, UAE, 25 July 2010 - For decades, major energy companies have been at the fore front of the global shipping of hydrocarbons. Producers have played an instrumental role in the development of all aspects of the business, but shipping has often taken a subordinate role.
Ear aches: Noise pollution rattles nerves, harms health Sunday, July 25, 2010 @ 2:18AMNoise pollution rattles nerves, harms health in cities and suburbs
Saudi Arabia: Full steam ahead Sunday, July 25, 2010 @ 1:13AM23 July 2010 Infrastructure upgrades are the order of the day, with the government of Saudi Arabia giving its full financial backing to big-ticket transport projects in a bid to ensure that passengers and cargo can move about the Kingdom more quickly, efficiently and affordably.
The Vagabond Cat That Came to Stay Saturday, July 24, 2010 @ 9:35PMA stray with wanderlust finds a family with same. Domesticity of a sort ensues, until a debate over a final good-bye.
BP to start drilling off Libyan coast Saturday, July 24, 2010 @ 7:12PMThe tortuous saga of BP, the Gulf of Mexico, the Lockerbie bombing and an America which feels itself badly wronged took another turn yesterday when it emerged that the oil company is about to start drilling at an even greater depth in, of all places, Libyan waters.
Counting the cost of Zimbabwe's blood diamonds Saturday, July 24, 2010 @ 12:39AMGemstone finds in the country's wild east have brought spies and paranoia and turned Mutare into frontier town.
Putting the cart before the horse Friday, July 23, 2010 @ 9:01PMP. Gunasegaram says before we start building expensive carts, we must absolutely make sure that there are horses to pull them, and goods and people to transport.
RBI revises guidelines for forex derivatives Friday, July 23, 2010 @ 4:14PMThe Reserve Bank of India issued revised draft guidelines on foreign exchange derivatives and overseas hedging of commodity price risk and freight risk, inviting comments and suggestions.
South Africa: World Cup's Boost for GDP Higher Than Expected Friday, July 23, 2010 @ 4:05PMGovernment estimates that the 2010 FIFA World Cup added a percentage more to the country's growth, when spending on stadiums and infrastructure was taken into account.
Pacer Slates Second Quarter 2010 Conference Call and Audio Webcast for August 4, 2010 at 5:00 p.m. ET Friday, July 23, 2010 @ 12:30PMDUBLIN, Ohio----Pacer International, Inc. , the North American freight transportation and logistics services provider, will hold its second quarter financial results live conference call with audio-only Webcast for investors, analysts, media, and other interested parties at 5:00 p.m.
Olin Announces Second Quarter Earnings Thursday, July 22, 2010 @ 4:36PMWinchester Posts Record Second Quarter; Chlor Alkali Earnings More Than Double From First Quarter
Olin Announces Second Quarter Earnings Thursday, July 22, 2010 @ 4:30PMCLAYTON, MO--(Marketwire - 07/22/10) - Olin Corporation (NYSE: OLN - News ) announced today that its second quarter 2010 net income was $16.9 million, or $0.21 per diluted share, which compares to $27.8 million, or $0.36 per diluted share in the second quarter of 2009. Sales in the second quarter of 2010 were $405.7 million, compared to $383.0 million in the second quarter of 2009. Joseph D ...
Innovative Transport Solutions Expands to Include New Freight Loading & Unloading Products That Save Time and Money Thursday, July 22, 2010 @ 4:00PMInnovative Transport Solutions, formerly CLS International USA, has added an additional and complementary direction to its business by developing two freight loading and unloading products that save shippers and receivers time and money and improves worker safety.