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Aug 24, 2006

TRANSPORT NEWS WORLDWIDE

* USA - The Hunt for Deepwater Ports
New York,NY,USA -The New York Times, by KRISTINA SHEVORY -August 23, 2006: -- A 10-day shutdown of the West Coast ports at Long Beach and Los Angeles four years ago had shipping companies and big retailers scrambling to fill orders for Christmas. Since then, congestion and labor shortages at the country’s busiest ports have prompted shippers to look for new ports to receive their merchandise... It was an equally big problem for companies like AMB Property, a San Francisco-based real estate investment trust that specializes in distribution facilities and counts shippers and retailers as important clients... Building restrictions have made it tougher to find warehouse space... That has led to bidding wars and price inflation on the few open parcels left within 20 miles of the port... (Photo, by Peter Yates/The New York Times: The Port of Tacoma has undertaken an improvement program that includes widening waterways and dredging. Ports in Washington State are closer to Asia than those in California)


* USA - Universal Express Acquires Additional Miami Airport Trucking Company
NEW YORK.NY,USA -BUSINESS WIRE -Aug. 23, 2006: -- Universal Express, Inc., today announced it has acquired, as planned, the Miami International Airport based Airport Alliance... Airport Alliance is a luggage delivery service catering to airlines with the need to transport found luggage that was once lost by airlines to its owners... Universal Express' acquisition of both Airport Alliance, with approximately 20% of MIA's lost luggage delivery, and Global Trucking, with 80% of MIA's lost luggage delivery, give Universal Express virtually 100% of the lost luggage business at MIA...

* Australia - K and S trucking records profit drop
Mount Gambier,Australia -ABC Regional Online -23 August 2006: -- The trucking company K & S Corporation has recorded a 10 per cent drop in profit for the year to $18.4 million... The company's directors say the result is an excellent one, as the previous corresponding period included a number of non-trading items...


* India - Swift Global opens offices in China
CBD Belapur,Navi Mumbai,India -Trade Arabia (Dubai) -August 24, 2006: -- Swift Global Logistics has opened two new offices in Shanghai and Yiwu in China... Swift Global Logistics is an international freight forwarder and logistics provider offering competitive options for sea freight, airfreight, sea-air combined transport, overland transport, perishable transport, consolidation, and transshipments through key gateways...

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