Latest news from Heavy Lift & Project Forwarding International Magazine

Expeditors predicts plummeting profits

July 14 - Expeditors International is forecasting a 33 0.000000all in profits through the company's second quarter of 2009, despite a slight upturn in traffic volumes.

CEO Peter Rose said earnings per share would be between USD0.24 and USD0.26, compared with USD0.32 for the same period last year.

"It goes without saying that 2009 has been an unusual year," he said. "While we did observe some quarter-end strength during June, volumes were still below what we experienced in 2008." 

The official company statement did not provide any data on the immediate prospects for the company's activities in heavy and project freight forwarding, which is an important sector of Expeditors business.

Heavy Lift | News

USA ends steel and aluminium tariffs on Canada and Mexico thumbnail image

USA ends steel and aluminium tariffs on Canada and Mexico

May 24 - The USA is removing steel and aluminium tariffs imposed on Canada and Mexico under Section 232 of the Trade Expansion Act of 1962, with all retaliatory tariffs on US goods and any pending litigation also coming to an end.
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Maxim names duo for Pacific Northwest thumbnail image

Maxim names duo for Pacific Northwest

May 24 - Maxim Crane Works has appointed Travis Wilt and Alex Clark to lead the expansion of its services in the Pacific Northwest region of North America. 
Views: 450
PPG restructures training course thumbnail image

PPG restructures training course

May 24 - The Project Professionals Group (PPG) has restructured its project cargo forwarding training course into a one-day format.
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