British logistics firm TDG on Friday said it has reached agreement with Laxey Partners Ltd. on the terms of a recommended cash offer for TDG at £2.50 ($5) per share.
Jordan and the United States last week formally agreed to harmonize their industry partnership programs for cargo security during the World Customs Organization's annual Council meeting in Brussels, U.S. Customs and Border Protection said.
Canada became the third country to align its supply chain security program with the U.S. Customs-Trade Partnership Against Terrorism when both sides signed an agreement Saturday mutually recognizing each other's standards for vetting cross-border shippers. The agreement acknowledges that the validation procedures for Canada's Partners in Protection program meet C-TPAT standards. It was singed by Alain Jolicoeur, head of the Canada Border Services Agency, and U.S. Customs and Border Protection Commissioner Ralph Basham at the conclusion of the World Customs Organization's annual conclave in Brussels, Belgium. Basham signed a similar cooperation deal with Jordan during his visit.
Denmark's A.P. Moller - Maersk Group has ordered 16 containerships with a declared capacity 7,450 TEUs each from Daewoo Shipbuilding and Marine Engineering Co. Ltd. in South Korea. As usual with Maersk no financial details were disclosed.
Neptune Orient Lines (NOL) has declined to comment on rumours that it was planning to borrow US$5 billion or more to buy rival shipping line, Hapag-Lloyd.
Heinrich Goller, Thomas L¨¹tje and Randolf M¨¹ller have been appointed to the board of HHLA Container Terminals in Hamburg in preparation for the further expension of container handling activities.
By Klaus Tersteegen, Member of the SSI Schaefer management in Neunkirchen. For SSI Schaefer, CeMat 2008 was a success in more than one aspect. With an area of more than 2,500 sqm the SSI Schaefer trade stand dominated events in hall 13. We completely reached the objectives we had for the fair. The live presentation of the SCP (Schaefer Case Picking) essentially contributed to this success. The SCP was awarded a special price just a few hours after its market launch: The innovation received the MM Logistik Award.
Prestwick Airport has warned holidaymakers not to bring back souvenir weapons from trips abroad or they could face prosecution, the Evening Times reports. Police and border control staff launched a campaign at the airport to highlight the fact that what seems an innocent memento of a holiday can be an offensive weapon.
Cigarette and tobacco smugglers have been warned that Bristol Airport is no 'soft touch'. The caution by Customs officers at the airport follows the guilty pleas of a married couple who tried to smuggle tens of thousands of cigarettes in to the UK via the hub.
British Airways has launched its new daily Paphos- Gatwick route, with the first flight landing in Cyprus just after 03:00 yesterday. The flights mark the first time Britain¡¯s flag carrier has operated scheduled flights to the west of Cyprus.
Bosses at the UK's major airlines have attacked plans to force airport workers to enrol in the national ID card scheme, claiming that 'the UK aviation industry is being used for political purposes on a project which has questionable public support,' The Register reports. They say the move could reduce security by adding a 'false sense of security to our processes.'
Jet2 has announced two new routes from Belfast International Airport for 2009. The budget airline plans to operate new flights to the picturesque Channel Island of Jersey and the sun-soaked Balearic Island of Menorca. The new routes will see the airline operate a total of 13 routes from its Northern Ireland base.
The most punctual scheduled airlines operating from the UK's major airports have been revealed by flightontime.info, using information obtained from the Civil Aviation Authority (CAA). The website has revealled that, in the scheduled airlines section, Eastern Airways was the best performer in the first quarter of 2008, followed by Air Berlin and bmi regional.
Ryanair has raised its stake in rival Irish airline Aer Lingus to 29.82 percent. In a statement the budget airline said it has purchased an additional 3.5 million shares in Aer Lingus, bringing its total holdings to 159,231,025 shares.
Leeds Bradford Airport has appointed a new chairman after Yorkshire business chief Sir Graham Hall stepped down as chairman amid reports that he did not see eye-to-eye with its new owners, the Yorkshire Evening Post reports. Sir Graham has been replaced by Alan Lewis, who steps up from his previous role as deputy chairman.
Liverpool Airport has joined with other airports in the North of England to push the Government to rethink plans to hit the airline sector for £500m in extra taxes. Neil Pakey, the airport¡¯s managing director, says Air Passenger Duty (APD) is already making it hard for UK regional airports like Liverpool to win new routes by adding to the cost of tickets.
The New Zealand government is to pay Australia's Toll Holdings US$521 million for its rail and ferry business in New Zealand.
The Korean government is drawing up counter-measures against the truckers' strike expected to begin today.
FedEx Corp has dropped its rates in the fiercely competitive Chinese market despite higher fuel prices and falling earnings.
Neptune Orient Lines (NOL) has declined to comment on rumours that it was planning to borrow US$5 billion or more to buy rival shipping line, Hapag-Lloyd.