Long-Haul Container Shipping Profits to Peak This Quarter, Citigroup Says
Profits at long-haul container shipping companies will peak this quarter and decline by an average 40 percent in 2011, according to Citigroup Inc.’s Rigan Wong and Ally Ma in a report today.
Read more on Bloomberg
... Read More
Shipwire Provides Business Fulfillment Management for Etailers
PALO ALTO, CA--(Marketwire - 09/03/10) - Shipwire, the leader in business fulfillment management , effectively eliminates the hassle of storage and shipping for growing merchants with a global warehouse network and its innovative Store-Sell-Ship platform. The business of receiving orders, managing inventory, picking, packing and shipping has many similarities across a variety of industries. ... Read More
Businesses tend to use overseas production facilities as they are well known for being able to produce vast quantities in a short space of time. Many businesses across all industries will use some form of foreign business usually in Asia.In order to set up one of these schemes you will obviously need to arrange some way of transporting your entire ... Read More
China slams allegations of exchange rate subsidies
China dismissed allegations by US producers over its exchange rate as "groundless" on Wednesday, as Washington said there was no evidence that the undervalued yuan constituted a state subsidy.
Read more on AFP via Yahoo! Philippines News
... Read More
Samsung launches Galaxy Tab with Kobo e-reader
Samsung has launched the Galaxy Tab, a competitor tablet computer to Apple's hit iPad, and it is shipping with some Canadian content: the Kobo e-reading application.
Read more on CBC.ca
... Read More
Merchant shipping is an essential component of the world's economy. The international shipping industry accounts for some 90% of all world trade, turning financial deals and arrangements into the physical import and export of goods - a process essential for the modern world. For the most part, the shipping industry will go largely unnoticed by the public eye. It's ... Read More
SEC Charges Pinnacle Capital Markets for Deficient Customer Identification Program Procedures
Washington, D.C., Sept. 1, 2010 — The Securities and Exchange Commission today charged Pinnacle Capital Markets LLC with failing to comply with an anti-money laundering (AML) rule that requires broker-dealers to identify and verify the identities of its customers and document its procedures for doing so.
Read more on U.S. Securities ... Read More
Capital Product Partners L.P. Will Present at Jefferies 7th Global Shipping and Logistics Conference
Capital Product Partners L.P. Will Present at Jefferies 7th Global Shipping and Logistics Conference
ATHENS, GREECE--(Marketwire - August 30, 2010) - Capital Product Partners L.P. ( NASDAQ : CPLP ) today announced that Mr. Ioannis Lazaridis, Chief Executive Officer and Chief Financial Officer of Capital Product Partners L.P., will present at Jefferies 7th Global Shipping and Logistics Conference on Wednesday, September ... Read More
