Panamanians voted ?S?? (?Yes? in Spanish) in a national referendum on Panama Canal expansion.

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UPS third quarter figures show strong underlying growth in its core business and fairly healthy profits, but problems have emerged in its Menlo Forwarding acquisition.

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As in previous years, the globally operating Kuehne + Nagel Group continued to maintain its above-average growth rates during the first nine months of 2006.

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TNT announced that the European Commission has granted clearance under the EU Merger Regulation to the acquisition of the logistics division of TNT by Apollo Management, L.P. TNT currently anticipates that the acquisition will be completed before the end of the year. Furthermore TNT announced the decision to divest its Freight Management business unit.

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A new RFID (radio frequency identification) Technology center is the result of a joint effort between RedPrairie and Babush Material Handling Systems.

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In line with the continuing heavy investment in China and S.E. Asia, two of the leading global express players appear to be making major additions to their infrastructure in the region.

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French based Geodis group continued to show increased revenue in the inued to experience strong growth despite the cessation of the Carrefour business in Korea.

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AP Moller-Maersk is in the throes of a $30bn-plus investment programme which could help to double the share price of the world?s largest shipping group by 2010. This is one conclusion of a new in-depth assessment of AP Moller-Maersk?s prospects by Dansk Equities, which also believes the Danish company is targeting a 25% market share in container shipping.

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Recent reports have said the German shipping and travel group TUI is seeking to secure friendly investors to help fend off a possible hostile takeover, as some of the group’s major shareholders have demanded a break-up of the firm. Who will be the next owner?

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The Dutch Parliament voted by an overwhelming majority in favor of the construction of Maasvlakte 2, the new port district of Rotterdam. This gives the green light to the next phase: in 2007 a number of spatial planning and licensing procedures must be completed before actual construction can get underway in 2008.

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