Word: shippers
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...Singapore, it seems, is suffering somewhat less than it appears. Unlike the U.S., where companies slash jobs at the first sign of financial trouble, many of Singapore?s largest companies are controlled by the government. Retrenchments at such government-linked giants as offshore oil rig builder Keppel Corporation, shipper Neptune Orient Lines, or DBS Bank are considered a last resort, after pay cuts, reduced employer contributions to retirement funds, and unpaid leave. A spokesperson for Singapore Airlines, for example, confirmed that in early April roughly a tenth of the airline's 14,000 employees had agreed to take unpaid leave...
...rescued Sunday) won a deal last November to transport naval jet fuel from South Korea to the Indian Ocean in a 856-foot tanker, the Maersk Rhode Island. A 12-strong Force Protection team was tapped to travel on that. Involved in prepo for decades, the Norfolk, VA-based shipper last January also won a deal estimated at $316 million to deliver defense equipment, mail and PX merchandise globally...
Commodities demand lifts the Greek shipper...
...shouldn't they? Living standards in Denmark are among the highest in the world. Per capita income trails that of the U.S. but is distributed far more equally. Unemployment is just 3.1%. The country exports more goods and services than it imports. And while only two Danish corporations (shipper A.P. Moller-Maersk and the Danske Bank) are big enough to make the FORTUNE Global 500 list, Denmark has more than its share of smallish, nimble, outward-looking firms well positioned in growth areas ranging from alternative energy to health care to high-end furniture...
...prohibiting carry-on luggage might provide a degree of security against liquid explosives, but such steps would do nothing about the fact that most of the cargo shipped on passenger planes goes entirely uninspected--for bombs or anything else. DHS relies instead on a program it calls Known Shipper, which leaves it up to air carriers and freight forwarders to screen regular cargo customers so they can load boxes onto planes with only spot inspections. The Government Accountability Office warned last October that the industry isn't adequately investigating shippers. But the Bush Administration and the airlines, which make about...