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Logistics News
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Tuesday, 09 October 2007 |
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General Freight Services Ranked Among Leaders on 2007 Inc. 5,000 List of Fastest Growing Private Companies ATLANTA – General Freight Services, Inc. announced today it has been named one of America’s growth leaders by Inc. Magazine, which recently released its 2007 Inc. 5,000 ranking of the nation’s fastest growing private companies. General Freight Services has achieved a 161.8 percent growth over the past four years and is ranked in the list among the top transportation and logistics companies. “General Freight Services continues to be recognized in the industry and in business for outstanding performance,” said Dan Smith, Chairman and CEO. “We expect our pace of accelerated growth to continue as we add services and capabilities for our customers and seek opportunities for strategic acquisitions.” |
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Trucking News
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Wednesday, 19 September 2007 |
 Kenworth Clean Power Technology To Visit Capitol Hill Wednesday, Sept. 19, Helps Reduce Emissions and Saves Fuel.
A new “green” system for big rigs that may help revolutionize the trucking industry will visit Capitol Hill on Wednesday, Sept. 19, as part of a national, 5-month tour by Kenworth Truck Company, a leading truck manufacturer in Kirkland, Wash.
 The media is invited to view the new Kenworth Clean Power™ no-idle system. Members of Congress and their staffs have also been invited. The system is installed in the bright green Kenworth T660 tour truck, which will be parked on Maryland Ave. S.W. (near First Ave. S.W. and across from the U.S. Botanic Garden Conservatory) from 9:30 a.m. to 5 p.m. on Sept. 19.
Truckers typically idle their truck’s engine when parked overnight to cool or heat the sleeper. Every idling hours burns about one gallon of diesel fuel. The typical on-highway truck idles 1,800 hours annually for an additional cost of $5,400 at $3 per gallon. Idling also generates engine emissions and noise.
Kenworth Clean Power saves fuel and may enhance fuel economy by as much as 8% for trucks with high idling times, while also reducing noise from idling. The system’s four dedicated, advanced deep-cycle batteries power a thermal storage cooler with 21,000 BTUs of cooling capacity. |
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Trade News
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Wednesday, 19 September 2007 |
BUFFALO, N.Y. - Speed Global Services, a global supply management company specializing in transportation services, international freight forwarding and warehousing and fulfillment, has announced the approval of their Foreign Trade Zone or “FTZ” site at 2299 Kenmore Avenue, Buffalo, New York.
A Foreign Trade Zone is a designated site at which special customs procedures for imports can be used. These procedures allow domestic activity involving imported items to take place prior to formal customs entry. This advantage allows companies to alter or package product and do so nearer to the end user. FTZ can provide them with an alternative to a costly domestic distribution center. Other advantages include duty-free treatment, which is accorded to items that are re-exported from the FTZ and duty deferral, in which duty payments are delayed on items sold in the U.S. market, allowing companies to realize increased cash flow. |
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Cargo Events
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Wednesday, 19 September 2007 |
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NEW YORK - Jefferies & Company, Inc., the principal operating subsidiary of Jefferies Group, Inc. (NYSE: JEF), announced today that the Firm will host its 4th Annual Shipping, Logistics & Offshore Services Conference on September 25 - 26, 2007 in New York City. The conference will feature management from leading crude tanker, product tanker and dry bulk shipping companies, as well as leading gas carrier, chemical tanker, inland barge, container, logistics, and offshore services companies. The speakers will provide company and industry overviews during presentations to investors. |
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Railroad News
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Wednesday, 19 September 2007 |
VeriWise RAIL and VeriWise INTERMODAL enhance safety, security and productivity of moving goods by rail
 CHICAGO - GE Equipment Services introduced VeriWise™ RAIL and VeriWise™ INTERMODAL, remote asset management solutions that provide customers with on-demand visibility into the status of their fleet and the cargo it carries.
GE’s VeriWise technology, already in service on more than 150,000 transportation assets in North America and Europe, can provide decision support data directly to cargo shippers and carriers, helping them enhance safety and security, improve shipment delivery cycles and increase productivity. |
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