US President George W Bush has declared that he will reject any law blocking Dubai Ports’ takeover of P&O, a deal that puts DP World in charge of some cargo-handling functions at the ports of New York, New Jersey, Baltimore, New Orleans, Miami and Philadelphia.

Critics have expressed fears that this would make the US more vulnerable to terrorism, since the UAE was home to two of the 9/11 hijackers.

According to a BBC correspondent, senior Republicans believe Bush should have 

Busan New Port got stuck in virtuality Busan New Port (South Korea), completely equipped container terminal with 9 portal cranes, 18RTGs and 50 terminal movers, is working only in electronic simulation. In reality the terminal is empty.

$1 bln was spent on the construction of this facility. Officially, it has been operating since January 19, 2006, non-officially it was ready to accept ships in early December 2005. Until now, not a single movement with a real container has been made in the port. The MSC line promised at thr 

P&O + Maersk = global leader Effective immediately, the combined P&O Logistics and Maersk Logistics businesses will trade as Maersk Logistics.

The integration of the two businesses creates the industry leader in international logistics with expertise and logistics solutions capabilities in present and new industries, and even more capacity in an expanded global network.

Also effective immediately, the combined Maersk Sealand and P&O Nedlloyd businesses will trade as Maersk Line.

In related 

Russian government gives green light to imported automotive components Sunday, 12th of September, a Russian governmental decree took effect to cancel customs duty for technological equipment for automotive and machinery industry which does not have Russian-made analogs.

Earlier, since May 13, 2005, during nine months a governmental decree was in power which cancelled duty for industrial robots, roll conveyors and other types of equipment for machinery industry.

Valery Rodionov, the head of AutoVAZ Center of cargo declaring and dispatching, believes 

TNT is leaving French market The transportation giant TNT and French company Malherbe recently signed the agreement to sell the assets of Logistiques Ladoux, a part of assets of TNT Logistics Holdings SAS, TNT’s subsidiary in France.

The deal and sell of the bigger part of logistic and transportation assets of Norbert Dentressangle, which was reported on December 1st, 2005, make up about 90% of TNT’s business in France.