Freight Forwarder

Freight Forwarder News

  • Li & Fung Net Tops Estimates; Brands Listing Is Sought

    Li & Fung Ltd. jumped the most in more than five years in Hong Kong trading after saying it will spin off a branded business whose products include Coach Inc. shoes and posting profit that beat analyst estimates.

  • UTI Out of Financial Compliance Falls Most Since 2000 IPO

    UTI Worldwide Inc. plummeted 30 percent, the most among companies in the Nasdaq Composite Index, after the freight forwarder disclosed that it wasn’t in compliance with some financial covenants.

  • U.S. Auto Buying Surge Drives Japan Car-Parts Shipments: Freight

    Sales of automobiles in the U.S., forecast to reach a seven-year high in 2014, are increasing demand for car parts by Toyota Motor Corp. and General Motors Co., in turn boosting air shipments from the world’s largest parts makers.

  • Keeping American Border Safe Means Thinking in 4-D

    What does “crossing our border” or “entering the United States” mean in 2014? After four decades of working the border in its many forms -- from my career in the Coast Guard, and going back to two years with the Drug Enforcement Administration in El Paso, Texas, in the 1970s -- I now believe we need to start by reimagining it.

  • Swiss Stocks Drop on China Data; Kuehne & Nagel Falls

    Stocks in Switzerland declined, with the benchmark Swiss Market Index snapping three days of gains, as growth in China’s services industry slowed.

  • The High Cost of Suspicion

    Managers like to have control. They also like to be able to predict what's going to happen and, like most of us, they want to feel safe. There is nothing particularly wrong with wanting these things. As a matter of fact, you need to have control. But when you try to have all of them at once, the results can be messy and expensive. This is particularly problematic...

  • Swiss Stocks Drop as China Tightens Mortgage Rules

    Stocks in Switzerland declined, with the benchmark Swiss Market Index snapping three days of gains, after China tightened mortgage rules to rein in real-estate prices.

  • Regulator Said to Look Other Way on Unsafe Mexican Trucks

    Regulators determined to let Mexican trucks on U.S. roads under a trade deal have downplayed safety shortcomings with companies in a border-crossing pilot program, according to safety, trucking and labor groups.

  • Rangers Creditors Say Rival Ready to Bid for Baseball Team

    Texas Rangers creditors said a competing bidder wants to buy the baseball team, which has agreed to a $575 million sale to a group that includes Hall of Fame pitcher Nolan Ryan .

  • Swiss Panel Still Examining Possible Franc Measures, Finance Minister Says

    A Swiss panel from the government and the central bank is examining options such as capital controls and negative interest rates to curb the franc’s strength, Finance Minister Eveline Widmer-Schlumpf said.

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