Latest business news – Page 154
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Pakistan strike ends pending tax review
September 4 - Industrial action across Pakistan's logistics sector has ended with immediate effect, after logistics industry associations and the government reached an accord over tax legislation.
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Looking up at Lloyd Fonds
September 4 - Lloyd Fonds generated EUR700,000 (USD779,000) in consolidated net profit for the first half of 2015, with sales up 20 percent compared with the first half of 2014.
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Svensson to shoot off 23rd BUSINESSrun
September 3 - Flensborg and Associates, the Munich-based sales and consulting firm, has announced that Peter Svensson, senior vice president and head of Clipper Americas will fire the starting pistol at the 23rd Breakbulk BUSINESSrun in Houston.
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'Unjust' tax halts Pakistani freight
September 3 - Pakistan's seaports, airports and bonded container freight stations closed on September 2 as a result of strike action by members of the Pakistan Freight Forwarders Association (PIFFA) and the Air Cargo Agents Association of Pakistan (ACAAP)
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BIFA sets conference date
September 2 - The British International Freight Association (BIFA) is organising a one day conference on November 26, 2015 to address two of the most pressing issues facing its members and international trade in general.
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DHL invests in African promise
August 27 - Deutsche Post DHL Group ceo Frank Appel made a visit to South Africa and Nigeria this week, demonstrating the importance of emerging markets for the company's future business strategy.
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Tiong Woon sees heavy lift slide
August 26 - Tiong Woon posted a 10 percent year-on-year decrease in the turnover of its heavy lift and haulage business segment for the financial year ended June 30, 2015, from SGD142.1 million (USD101.4 million) to SGD128.5 million (USD91.6 million).
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Townsville and Qinzhou join forces
August 24 - Tomorrow, August 25, the Port of Townsville, Australia, will sign a memorandum of understanding (MoU) with the Port of Qinzhou in China.
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Positive period for TTS Group
August 24 - TTS Group ASA's multipurpose and general cargo unit posted a turnover of NOK38 million (USD4.6 million) in Q2 2015, an improvement on takings in Q2 2014.
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Bumper profits for Boskalis
August 21 - Boskalis has posted a net profit of EUR306.5 million (USD342.2million) in the first half of 2015 - a 21 percent increase compared with the first half of 2014.
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Bigger ships make waves in Port of Everett
August 21 - Everett Port and Westwood Shipping Lines are marking the tenth anniversary of weekly, direct aerospace shipments from Japan to Everett with the arrival of a new, large vessel.
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Women sail forth at LISW
August 21 - “Women in command” is among the topics that Women's International Shipping & Trading Association UK (WISTA-UK) will be exploring at their event on September 7, the opening day of this year's London International Shipping Week (LISW).
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Silk Way West gets third 747-8 freighter
August 21 - Silk Way West has taken delivery of the third from an order of five Boeing 747-8 freighters.
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Konecranes in fraud case
August 17 - Konecranes has confirmed that one its foreign subsidiaries has become the victim of fraud.
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Two ships up at Allcargo
August 14 - India's Allcargo Logistics has acquired two 24,000 dwt multipurpose vessels through its wholly owned subsidiary Allcargo Shipping.
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Work set to start at Wismar
August 14 - A three-year EUR36 million (USD40.2 million) expansion project at the Baltic port of Wismar is set to start.
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'Steady growth' for Agility
August 14 - Agility has posted a net profit of KWD13.5 million (USD44.6 million) for the second quarter of 2015 - a 5 percent increase compared with the second quarter of 2014.
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Rickmers-Linie back in black
August 12 - Rickmers Group has presented its half year results for 2015, posting a 6.6 percent year-on-year improvement in revenue to EUR289.6 million (USD324.5 million), while operating profit surged 35.4 percent to EUR137.4 million (USD153.96 million).
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Terex and Konecranes to merge
August 11 - Cranes and materials handling specialists Terex and Konecranes have agreed an all-share merger of equals to form a leading global lifting and materials handling solutions company.
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Edwards gains Faktor 5
August 10 - Edwards Moving & Rigging has added a Goldhofer Faktor 5 high girder bridge to its fleet of trailers.