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Iranian tanker collides with freighter off China; 32 missing

South Korea-bound oil tanker Sanchi burns early Sunday morning after colliding with a freighter off the coast of China. BEIJING (AP) — An Iranian oil tanker collided with a bulk freighter and caught fire off China’s east coast, leaving the tanker’s entire crew of 32 missing and causing it to spill

VW 2017 group sales rose to around 10.7 million cars, beating Toyota

A Volkswagen logo is seen at Serramonte Volkswagen in Colma, California, U.S., October 3, 2017. REUTERS/Stephen Lam BERLIN (Reuters) - Volkswagen group sales probably rose to around 10.7 million cars last year and kept the German behemoth ahead of Toyota as the world’s largest automaker, Bild am Sonntag reported, citing in-house VW estimates. Imagine

Nigeria Risks Losing Safety Aviation Certifications Over Breaches at Lagos Airport Runway

Nigeria’s status in global aviation may be downgraded if it is confirmed that bandits access the runway of the Murtala Muhammed International Airport, Lagos, and burgle taxiing airplanes, and the government is doing little to permanently stop the breach. First, the U.S. Transport Security Administration will review its certification of

Commentary: Negotiating the best ocean freight rates for 2018

Maersk-Line-shipping-container-vessel-at-dockside   Choosing between direct relationships with carriers and using a non-vessel operating common carrier (NVOCC) to negotiate rates on your behalf is just one of the many issues shippers face heading into the 2018 contract bidding season on the transpacific. A big question each year for shippers needing to transport goods from

Logistics firms East Coast of U.S resume limited service, as blizzard turns to extreme cold

FedEx Ground trucks were plying the pre-dawn streets through snow-covered Boston this morning after driving snow and winds caused widespread disruption of regional logistics services. Imagine your Ad placed here By mid-morning, flights at nearby airports, such as Boston Logan (BOS) and New York’s John F. Kennedy (JFK), were slowly returning to normal, but with

Rise in ‘on demand’ delivery sends e-tailers scrambling for warehouse space

E-commerce warehouse E-commerce was supposed to bypass the need for expensive downtown storefronts, but rising demand for two-day shipping has turned the tables, with warehousing space in or near cities – close enough to deploy last-mile deliveries – currently costing, on average, more than US$250,000 per acre, up 25 percent from

UK car sales drop in 2017 for first time in 6 years

London — The British car industry association says automobile sales in the country fell in 2017 for the first time in six years and are set to fall further this year largely because of subdued economic growth. The Society of Motor Manufacturers and Traders said Friday that overall demand fell 5.7

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