Traffic World articles from April 2007

Traffic World archives from April 2007

Delta's New Force.(Delta Air Logistics)
April 2, 2007... BYLINE: Ian Putzger Delta's freight moniker suggests lofty ambitions, certainly more than just selling capacity on part of the airline's network. While other U.S. carriers are content to label their cargo division with a plain "cargo"...

April 2, 2007.(Traffic World Transportation )(Brief article)
April 2, 2007... Spoken. You'll be glad to hear last month's featured speaker made it to the Traffic World Transportation Table luncheon despite lengthy rail delays caused when his Amtrak train was held up due to heavy traffic on those freight rail lines. The...

Freight Liability Across the Border.(Freight tariff rules)
April 2, 2007... BYLINE: Colin Barrett Q:We have a number of truck shipments to Mexico. We know that currently all our shipments must be interlined at the border with Mexican truckers, but we ask our U.S. carriers to issue a single through bill of lading...

Highway Taxes.(National Transportation Policy Commission)
April 2, 2007... BYLINE: Paul Page While most of the heat over transportation these days is being generated by tough issues such as Mexican trucks and aviation treaties, the bigger question for anyone concerned with the movement of goods is a cloud hanging...

Crying Foul.(Department of Transportation's crossborder trucking program)
April 2, 2007... BYLINE: John Gallagher Independent truck drivers launched an all-out public campaign against the Department of Transportation's crossborder trucking program as   Senate lawmakers seek additional oversight for the project. ...

After the Storm.(logistics managers plans cutting costs and improve efficiency)
April 2, 2007... BYLINE: William Hoffman Fuel prices may have settled into a tolerable range and the freight slowdown of recent months may have eased shipper concerns about capacity, but several experts say now is not the time for logistics managers to...

Red Sails in Morning?(Marine transportation industry revenue declines)
April 2, 2007... BYLINE: William Armbruster There may be further consolidation among container carriers if the lines can't meet their costs, said Frank Baragona, president of CMA CGM (USA) Inc.  Baragona made that remark in an interview after...

NTSB Aims at Fatigue.(National Transportation Safety Board)
April 2, 2007... BYLINE: John D. Boyd NTSB Report:* Synopsis of the Report from NTSB* Video of Board Meeting The 2005 head-on collision between two Canadian National trains at Anding, Miss., derailed six locomotives, killed all four crewmembers and...

Collaboration, Off the Shelf.
April 2, 2007... BYLINE: David Biederman Stubbs Legendary Kitchen, based in Austin, Texas, makes premium barbecue sauce and marinade. Although the company is small - it has 10 full-time employees - it sells close to a million cases per year, enough for...

Border Bottleneck.(Department of Transportation's crossborder trucking project)
April 2, 2007... BYLINE: Leticia Lozano U.S. flags flutter in the distance as thousands of Mexican trucks rumble toward the Laredo, Texas, border crossing, one of the world's busiest trade routes, undeterred by the hours of waiting time ahead. "This...

Synchronizing LTL.(less than truckload)(United Parcel Service of America Inc. rebranded as UPS Freight)
April 2, 2007... BYLINE: John Gallagher Gordon S. Mackenzie and Jack A. Holmes have a difficult time admitting that 2006 was a disappointing year for UPS Freight. Mackenzie, the company's president, and Holmes, its senior vice president of operations,...

Stockholder Sues EGL.(EGL Eagle Global Logistics)(Federated Kaufmann Small Cap Fund)(Brief article)
April 2, 2007... BYLINE: Thomas L. Gallagher A stockholder in logistics firm EGL filed suit last week to prevent the sale of the company to its CEO. Federated Kaufmann Small Cap Fund a New York-based mutual fund owning 900,000 shares of the common...

CN to Build Intermodal Terminal.(Canadian National Railway)(Brief article)
April 2, 2007... BYLINE: Thomas L. Gallagher For the princely sum of C$20 million (US$17.3 million), Canadian National Railway is building a transload operation and intermodal rail terminal in British Columbia to serve Asian markets. The facility will...

Manufacturing Growth Slows.(Manufacturing Business Survey Committee report)(Brief article)
April 2, 2007... BYLINE: Thomas L. Gallagher Deliveries in the manufacturing sector slowed in March as economic activity expanded moderately, according to a monthly survey. Supply executives interviewed in the latest Manufacturing ISM Report On...

Canadian Pacific Profit Soared.(Brief article)
April 2, 2007... BYLINE: Thomas L. Gallagher For the year ended Dec. 31, 2006, Canadian Pacific earned C$796.3 million (US$689 million) on revenue of $4 billion. Net income was up 47 percent over the previous year, while revenue increased just 4 percent....

U.S.-Asia Freight Rates Rise.(Brief article)
April 2, 2007... BYLINE: Thomas L. Gallagher Major container lines transporting cargo from the United States to Asia are recommending 2007 freight rate increases for chilled "vegetables, all kinds". Effective May 1, 2007, member lines in the Westbound...

Con-way, Tropical Collaborate.(Con-Way Logistics )(Tropical Shipping and Construction Company Ltd.)(Brief article)
April 2, 2007... Pressing its connections to ocean transport, Con-way Freight struck a deal with Caribbean container carrier Tropical Shipping for a door-to-port service combining less-than-truckload with less-than-containerload operations. Called...

DHL Wins 'Vendor Of The Year' Award from Technicolor Cinema Distribution.(DHL Express)
April 2, 2007... World's Leading Film Distribution Company Recognizes DHL and Employees for Service Excellence and Support PLANTATION, Fla. - April 2, 2007 / DHL, the world's leading express delivery and logistics company, today announced that Technicolor...

Diesel Jumps 11.4 Cents to $2.79.(diesel fuels)(Brief article)
April 2, 2007... BYLINE: Thomas L. Gallagher The average retail price for a gallon of diesel fuel this week was $2.79, up 11.4 cents from the previous week and 17.3 cents higher than a year ago, said the U.S. Energy Information Administration on April 2....

FedEx Honored by General Motors as a 2006 Supplier of the Year.
April 2, 2007... MEMPHIS, Tenn.--April 2, 2007--FedEx Global Supply Chain Services,a FedEx Corp. (NYSE: FDX) company that provides supply-chainmanagement solutions, was presented the General Motors 2006 Supplierof the Year award for its overall business...

DHL Expands Time Definite.(DHL Express)(Brief article)
April 2, 2007... Express and logistics company DHL launched an expansion of its Time Definite Delivery, carrying packages from the Asia Pacific region to the United States within one, two or three days. TDD now covers Asia Pacific, Europe, Middle East and...

Trailer Bridge Recovers.(revenue earnings increases)(Brief article)
April 2, 2007... BYLINE: Thomas L. Gallagher Trailer Bridge, which provides integrated trucking and marine freight service to and from the lower 48 states and Puerto Rico, rebounded in the second half of the year, but couldn't avoid a net loss of $18,093...

San Diego Reaches Cargo Records.(record cargo volume and revenue)(Brief article)
April 2, 2007... BYLINE: Stephanie Nall The Port of San Diego, Calif., posted record cargo volume and revenue in 2006. Cargo reached 2.89 million metric tons, up approximately six percent from 2005. Maritime cargo revenues totaled $37 million, an...

United States, S. Korea Enter FTA.(free-trade agreement)(Brief article)
April 2, 2007... The United States and South Korea reached a free-trade agreement that if ratified would be the largest for the U.S. since the North American Free Trade Agreement of 1994. The potential $29-billion agreement will eliminate duties on...

World of Hurt.(World Airways Inc.'s new strategic alternatives for control financial losses)
April 2, 2007... BYLINE: Thomas L. Gallagher Losses pile up as stockholders grumble; company considers strategic alternatives While financial losses mount for World Airways parent World Air Holdings, the company is considering new strategies, and a...

FedEx Honored by General Motors as a 2006 Supplier of the Year.
April 2, 2007... MEMPHIS, Tenn.--April 2, 2007--FedEx Global Supply Chain Services, a FedEx Corp. (NYSE: FDX) company that provides supply-chain management solutions, was presented the General Motors 2006 Supplier of the Year award for its overall business...

Lawmakers Oppose Air Treaty.(Brief article)
April 2, 2007... The new aviation agreement between the United States and the European Union may have won unlikely approval from Europe''s transport ministers but that hasn''t made it popular in Congress. Key members of the House wrote Transportation...

Scovell Outlines DOT Challenges.(Department of Transportation)(Calvin L. Scovell )
April 2, 2007... The Department of Transportation needs to take stronger action to improve highway and rail safety and to ensure money meant for highway programs is properly spent, the department''s inspector general says. In an annual assessment of "Top...

Short Sea Seeks Break.(Short Sea Shipping Promotion Act of 2007, tax exemption for domestic maritime transportation)(Brief article)
April 2, 2007... The House Ways and Means Committee will consider a new bill that would exempt most domestic maritime transportation from the Harbor Maintenance Tax. The Short Sea Shipping Promotion Act of 2007 would exempt goods moved by water between two...

Tootsie Rolls in Logistics Deal.(Tootsie Roll Industries, warehouse management agreement with DSC Logistics Inc.)(Brief article)
April 2, 2007... Tootsie Roll Industries is hoping a new warehouse management agreement with DSC Logistics turns out to be a sweet deal as the candy maker looks to cut its growing transportation costs. The maker of iconic candy brands such as Dots, Double...

Expanding Tesco Focused on IT.(Brief article)
April 2, 2007... United Kingdom-based grocery chain Tesco, an innovator in the use of logistics and technology in its home base, is modernizing and extending its technology infrastructure in preparation for a big push into U.S. markets this year. Tesco...

Savi, Oracle in Container Project.(Savi Technology)(Brief article)
April 2, 2007... Advancing its enterprise resource planning business deeper into transportation execution, Oracle is working with Savi Technology to provide real-time information on cargo containers moving between Hong Kong and Japan. The just-completed...

Oracle Says SAP Too Enterprising.(Oracle Corp. files case against SAP AG)(Brief article)
April 2, 2007... Oracle is taking its competition with SAP to court. Enterprise resource planning software maker Oracle filed suit in federal district court in California alleging Germany''s SAP illegally raided its computer systems for software products...

ATA Takes Sides on ''Hot'' Fuels.(American Trucking Associations partner with a coalition of petroleum marketers to oppose measures of the Owner-Operator Independent Drivers Association)(Brief article)
April 2, 2007... The American Trucking Associations joined a coalition of petroleum marketers opposing measures by the Owner-Operator Independent Drivers Association that would require retailers to install temperature monitoring equipment on fuel pumps. ...

YRC Cuts Bonuses.(YRC Worldwide)
April 2, 2007... BYLINE: John Gallagher It''s not only pricing that''s under pressure at LTL carriers. YRC Worldwide cut bonuses due top executives as a result of weak financial performance, a stark signal the trucking industry has hit the skids after...

Averitt Expands, Cuts Transit Times.(Averitt Express)(Brief article)
April 2, 2007... LTL carrier Averitt Express opened a new service center in Cleveland that adds 10 dedicated doors to its operations there and will help the company shave a day off transit times to several cities in the South. The expansion allows Averitt...

Lund Speeds Payments.(Allen Lund Company Inc.)(Brief article)
April 2, 2007... Truck broker Allen Lund Co., saying it''s looking for ways to add value to its services in a slow trucking market, will speed up its payments to carriers from 20 days to 14 days. "In talking to carriers about what we could do to improve...

Campbell Wins Woman Trucker Award.(Glenda Campbell)(Brief article)
April 2, 2007... Glenda Campbell, who joined Schneider National to drive with her daughter, is the first winner of the Woman Trucker Award, presented by the Women in Trucking Association, DOTAuthority.com and the Orlando Truckers'' Conference. Campbell, a...

Smaller Loan Finalized.(Brief article)
April 2, 2007... Weeks after rejecting a $2.33 billion loan request from the Dakota, Minnesota and Eastern Railroad, the Federal Railroad Administration finished the paperwork on a much smaller DM&E loan that had already been granted. The agency previously...

Safety Blitz Nets 199 CSX Violations.
April 2, 2007... BYLINE: John D. Boyd A "focused inspection" of CSX Transportation''s system in January by the Federal Railroad Administration found more than 3,500 defects and recommended civil penalties for 199 safety violations, prompting FRA...

Delta''s New Force.(Delta Air Lines Inc.)
April 2, 2007... BYLINE: Ian Putzger Delta''s freight moniker suggests lofty ambitions, certainly more than just selling capacity on part of the airline''s network. While other U.S. carriers are content to label their cargo division with a plain "cargo"...

Lufthansa Cargo Hit by Higher Costs in 2006.(Financial report)(Brief article)
April 2, 2007... Lufthansa Cargo is projecting stronger returns this year after rising costs, including the airline''s settlement in lawsuits over allegations of price fixing, dragged down earnings in 2006. Lufthansa, the world''s second-largest...

DHS Extends Air Cargo Detection Program.(Brief article)
April 2, 2007... The Department of Homeland Security is expanding a test project to screen air cargo for explosives to Cincinnati/Northern Kentucky International Airport. The move expands on pilot programs that started at San Francisco International...

New York Port Posts Record Cargo Volume.(Brief article)(Statistical data)
April 2, 2007... The Port of New York and New Jersey handled a record volume of international cargo last year, as container traffic increased 6.4 percent, topping 5 million TEUs for the first time. Cargo value rose to $149 billion, up from $132 billion in 2005,...

People.(briefs)
April 2, 2007... Meridian IQ, the logistics subsidiary of YRC Worldwide, named John Carr president of the Americas and Europe. Carr was most recently president of global supply chain management at BAX Global. He earlier held management posts at the Fritz Cos.,...

Garner Trucking Founder Dead at 69.(Vernon Eugene Garner)(Obituary)(Brief article)
April 2, 2007... Vernon Eugene Garner, who started his family-owned trucking company with $625 and a single truck and later became chairman of the American Trucking Associations, died March 20 at his home in Findlay, Ohio. He was 69. Garner was chairman of...

The Back Page.(briefs)(Brief article)(Conference notes)
April 2, 2007... Spoken. You''ll be glad to hear last month''s featured speaker made it to the Traffic World Transportation Table luncheon despite lengthy rail delays caused when his Amtrak train was held up due to heavy traffic on those freight rail lines. The...

Kitty Hawk Gets Christmas Bonus.(earnings of Kitty Hawk Aircargo Inc.)
April 3, 2007... The parent company of freight airline Kitty Hawk Aircargo turned from a loss to an $8.3 million net profit in the fourth quarter thanks to new business for the United States Postal Service and strong growth in expedited ground freight. ...

Logistics Veteran Amos Dies.(Jeff Amos)(Obituary)(Brief article)
April 3, 2007... BYLINE: Bill Mongelluzzo LONG BEACH, CALIF. -- Jeff Amos, a logistics industry veteran who held executive positions at Matson Navigation Co., Long Beach Container Terminal, Seatrain Lines, the Myers Group and Don Breazeale and Associates...

Container Rates Slide: NOL.(Neptune Orient Lines Ltd.)(Brief article)
April 3, 2007... BYLINE: Peter T. Leach Average revenue per container continued to slide in Neptune Orient Lines' most recent four-week reporting period, by more than twice as much as the increase in container volumes. The Singapore-based parent of APL...

Manufacturers Applaud Korea-U.S. FTA.(Federal Transit Administration)
April 3, 2007... BYLINE: Thomas L. Gallagher The announcement April 2 that the United States and South Korea had reached a free-trade agreement sparked a cheer from U.S. manufacturers. "While we need to study the details, initial reports indicate that...

Asian Businesses Foresee Strong Growth.
April 3, 2007... BYLINE: Thomas L. Gallagher Asian business leaders responding to a UPS-sponsored survey foresee strong growth in 2007. The survey of 1,200 leaders of small- and mid-sized business enterprises in Asia found wide agreement that China...

ClearOrbit Extends SAP Collaboration.(SAP's Enterprise Services Community)(Brief article)
April 3, 2007... BYLINE: Thomas L. Gallagher ClearOrbit, a supply chain execution and returns management provider, joined SAP's Enterprise Services Community. The ES Community is a collaborative, cross-industry program enabling SAP, its partners and...

Sell World Air: Top Shareholder.(shareholders plans to sell World Air Holdings)(Brief article)
April 3, 2007... BYLINE: Thomas L. Gallagher In a letter to the board of directors on April 2, the largest shareholder in World Air Holdings urged tighter financial controls or an aggressive attempt to sell the company. Following a recent announcement...

Storms Sock PRB Coal Traffic.(Powder River Basin)(Brief article)
April 3, 2007... BYLINE: John D. Boyd In a major disruption to one of the nation's principal rail cargoes, a series of powerful winter storms shut down coal mines in Wyoming's southern Powder River Basin, knocking out thousands of daily railcar loads. ...

Atlas Settles with SEC.
April 3, 2007... Atlas Air Worldwide Holdings, parent company of Atlas Air and Polar Air Cargo, reached a settlement with the U.S. Securities and Exchange Commission regarding its financial reporting, the company announced April 3. The SEC had initiated an...

Trailer Bridge to Expand Capacity, Service.(Brief article)
April 3, 2007... BYLINE: Thomas L. Gallagher Building on a fourth quarter rebound, Trailer Bridge will expand its capacity and add service to the Dominican Republic in 2007. The integrated trucking and marine freight service will begin taking delivery...

NLM Launches Mexico Service.
April 3, 2007... BYLINE: William Hoffman One of the original destinations for outsourced U.S. manufacturing and exported goods is witnessing a revival of interest. National Logistics Management launched a truckload thru-service for goods crossing the...

U.S. Air Cargo Hits 3-year Low.(Brief article)
April 3, 2007... Domestic cargo traffic for the U.S. airlines fell to its lowest monthly total in three years in February, slipping 0.6 percent. The fall on the domestic side marked the third time in the last six months cargo business for the airlines has...

Wallenius Wilhelmsen Logistics Wins Silver Award from Ford Australia.
April 3, 2007... 04 April 2007, Stockholm - Wallenius Wilhelmsen Logistics, the global finished vehicle logistics provider, rubbed shoulders with a family of elite suppliers to the Ford Motor Company in Australia when it gained a 2006 Ford Supplier Excellence...

Two Roadway Drivers Win Arizona State Driving Competition.(Dave Messmer and Greg Nauertz)
April 3, 2007... Messmer And Nauertz Qualify to Compete at National Truck Driving Championships Akron, Ohio, April 3, 2007 -Dave Messmer and Greg Nauertz, Roadway drivers placed first in the three-axle and five-axle sleeper class respectively at the...

ClearOrbit Extends SAP Collaboration.(Brief article)
April 3, 2007... BYLINE: Thomas L. Gallagher ClearOrbit, a supply chain execution and returns management provider, joined SAP's Enterprise Services Community. The ES Community is a collaborative, cross-industry program enabling SAP, its partners and...

Two Roadway Drivers Win Arizona State Driving Competition.(Dave Messmer and Greg Nauertz of Roadway Corp. get Annual National Truck Driving Championships award)
April 3, 2007... Messmer And Nauertz Qualify to Compete at National Truck Driving Championships Akron, Ohio, April 3, 2007 -Dave Messmer and Greg Nauertz, Roadway drivers placed first in the three-axle and five-axle sleeper class respectively at the...

Greenbrier Loses $6M.(Greenbrier Companies closes plant)(Brief article)
April 4, 2007... BYLINE: Thomas L. Gallagher The Greenbrier Companies, railcar manufacturer based in Lake Oswego, Ore., lost money in its most recent quarter as charges related to its Canadian plant mounted. Greenbrier will close the plant in Nova...

Semiconductor Stockpiles Sink.(Brief article)
April 4, 2007... BYLINE: Thomas L. Gallagher Following production cuts by manufacturers, the size of semiconductor stockpiles dwindled over the last two quarters to a level far below the peak reached during the third quarter last year, according to an...

ProLogis Expands in Inland Empire.
April 4, 2007... BYLINE: William Hoffman Commercial real estate developer ProLogis completed deals involving more than 1.5 million square feet of distribution space in the still-hot southern California warehousing market. The company acquired 855,000...

Penske Logistics Named a Top Supplier By Eaton.
April 4, 2007... CLEVELAND, April 3, 2007 - Diversified industrial manufacturer Eaton Corporation honored its best suppliers at its second annual Supplier Awards Program on March 28 at the Renaissance Cleveland Hotel.  The event recognized 50 companies as...

Agility Acquires WTS Group.(Brief article)
April 4, 2007... BYLINE: Thomas L. Gallagher Agility, the Santa Ana, Calif.-based 3PL formerly called PWC Logistics, expanded its operations with the purchase of the WTS Group. Houston-based WTS is a privately owned global logistics company. Its sister...

Pacer to Reduce Headcount.(Pacer International )(Brief article)
April 4, 2007... BYLINE: Thomas L. Gallagher Intermodal transportation giant Pacer International is reducing expectations for the first quarter by as much as 25 percent. While revenue is up, the company said April 3, it is not growing at the rate...

United, Bmi Seek Air Alliance.
April 4, 2007... BYLINE: Bruce Barnard LONDON - United Airlines and Bmi, the U.K.'s second-largest airline, have applied to the U.S. Justice Department for antitrust immunity to jointly operate their trans-Atlantic operations in a move that could...

Vancouver Favors Cleaner Fuels.(Port of Vancouver offers low dues to ships meeting emission standards)(Brief article)
April 4, 2007... BYLINE: Courtney Tower Higher harbor dues for ocean-going vessels at the Port of Vancouver, British Columbia, went into effect this week, but vessel operators can still pay reduced rates if they use cleaner-burning fuel. Dues on April...

Upper Great Lakes Season Opens.(Brief article)
April 4, 2007... BYLINE: Courtney Tower OTTAWA, CANADA -- The head of the Great Lakes opened Tuesday for the 2007 navigation season. The Maritime Trader arrived at the Port of Duluth-Superior to pick up American spring wheat for export. The bulk...

Emirates Post Eyes Freighters.(Brief article)
April 4, 2007... Emirates Post, the United Arab Emirates' state-owned postal service, said it may buy wide-body aircraft from Airbus and Boeing as part of plans to build an air-cargo business. Empost, which plans to raise about $1 billion in an initial...

Senior Executive Leaves Panalpina.(Roland Wider )(Brief article)
April 4, 2007... Extending a management makeover that began last year, logistics giant Panalpina said its Chief Administrative Officer Roland Wider is leaving the company "by mutual agreement." The Board of Directors and CEO Monika Ribar thanked him for his...

Menlo Worldwide Wins Supplier Excellence Award from Lam Research.
April 4, 2007... Company is First Ever Logistics Provider Honored by Lam in Global Program Citing Exemplary Performance SAN MATEO, Calif. i April 3, 2007 i Menlo Worldwide, a subsidiary of Con-way Inc. (NYSE:CNW) and global provider of logistics,...

India - U.S. Container Rates Jump.(Indian Subcontinent Discussion Agreement)(Brief article)
April 4, 2007... BYLINE: Thomas L. Gallagher The eleven container shipping lines in the Indian Subcontinent Discussion Agreement are raising rates on container shipments between India and the United States, effective May 1. The ISDA "revenue recovery"...

CMA CGM Adds Ships.(Brief article)
April 4, 2007... CMA CGM said it has added the CMA CGM Herodote to its fleet, the first in a series of six new container ships that will be dedicated to the Europe-Guyana-North Brazil trade. The six vessels, four of which will be owned by CMA CGM and the...

Shipments Decline in February.(Brief article)
April 4, 2007... BYLINE: Thomas L. Gallagher Shipments of manufactured goods declined for the second consecutive month in February, the U.S. Census Bureau reported on April 4. Although petroleum and coal product shipments increased during the month,...

Menlo Worldwide to Run Singapore Hub.(Brief article)
April 4, 2007... BYLINE: William Hoffman Commercial jet manufacturer Embraer chose Menlo Worldwide to operate a dedicated service parts warehouse and distribution hub in Singapore to support expansion into the Asia-Pacific market. "Embraer is...

Penske Logistics Named a Top Supplier By Eaton.
April 4, 2007... CLEVELAND, April 3, 2007 -- Diversified industrial manufacturer Eaton Corporation honored its best suppliers at its second annual Supplier Awards Program on March 28 at the Renaissance Cleveland Hotel.  The event recognized 50 companies as...

Senior Executive Leaves Panalpina.(Roland Wider leaves)(Brief article)
April 4, 2007... Extending a management makeover that began last year, logistics giant Panalpina said its Chief Administrative Officer Roland Wider is leaving the company "by mutual agreement." The Board of Directors and CEO Monika Ribar thanked him for his...

Menlo Worldwide Wins Supplier Excellence Award from Lam Research.(Supplier Excellence Award for 2006)
April 4, 2007... Company is First Ever Logistics Provider Honored by Lam in Global Program Citing Exemplary Performance SAN MATEO, Calif. ' April 3, 2007 ' Menlo Worldwide, a subsidiary of Con-way Inc. (NYSE:CNW) and global provider of logistics,...

CMA CGM Adds Ships.
April 4, 2007... CMA CGM said it has added the CMA CGM Herodote to its fleet, the first in a series of six new container ships that will be dedicated to the Europe-Guyana-North Brazil trade. The six vessels, four of which will be owned by CMA CGM and the...

NS Warns on 1Q Income.(Financial report)
April 5, 2007... BYLINE: John D. Boyd Norfolk Southern, the fourth-largest U.S. railroad, joined a growing list of freight companies to warn that earnings it will soon report for the 2007 first quarter will not meet expectations. NS said its diluted...