Marketwire - Transportation and Logistics

Transportation and Logistics Trends and Policies: Successes and Failures

Mon, 23 Nov 2009 09:00:00 EST

TORONTO, ONTARIO--(Marketwire - Nov. 23, 2009) - Leaders from the private sector, government, and academia will converge on TORONTO, to reflect on and debate transportation and logistics trends at the Canadian Transportation Research Forum (CTRF), 45th Annual Conference in Toronto, Ontario, May 30th to June 2nd, 2010, at the Courtyard by Marriott, located in the heart of downtown Toronto. According to CTRF President, Doug Johnson, "The transportation and logistics landscape has changed dramatically in recent times. New patterns of global trade have emerged. Deregulation has become de rigueur, following years of close contact between government and transport service delivery. For their part, individuals and households anticipate appreciating the benefits of an increasing degree of personal and private mobility. Transport infrastructures have become increasingly strained by rising demand raising environmental and productivity concerns, particularly within some Canadian cities and on

Con-way Multimodal Boosts Business Growth With Six New Independent Agents

Mon, 23 Nov 2009 09:00:00 EST

New Transportation Specialists Bring Extensive Experience, Broadened Reach to Brokerage Operation

Richwood Eco Ventures, Inc. Receives Order for Lumber to Be Exported

Mon, 23 Nov 2009 08:31:00 EST

DOYLESTOWN, PA--(Marketwire - November 23, 2009) - Richwood Eco Ventures, a subsidiary of Accredited Business Consolidators Corp., trading as Italian Oven, Inc. (PINKSHEETS: IOVE) announced today that it received a commitment for between 310,000 and 600,000 Euros of precut lumber to be exported from Nicaragua over the next six months for home construction. It also received a small order from the same client for finish trim lumber. The client has asked that their identity remain confidential as they are reselling the wood to another customer.

Golar LNG Limited - Q3 2009 results presentation

Mon, 23 Nov 2009 08:01:00 EST

LONDON--(Marketwire - November 23, 2009) - Golar's 3rd Quarter 2009 results will be released on Friday, 27 November, 2009. In connection with this a webcast presentation will be held at 1.00 P.M (London Time) on Friday, November 27, 2009. This will be followed by Q&A session. The presentation will be available to download from the Investor Relations section at www.golarlng.com

This webcast will be immediately followed by Golar LNG Energy Limited's 3rd Quarter results presentation and Q&A session. Participants will be able to join this webcast by remaining on the call or by dialing-in to the following details:

Media Advisory: PrePass Demonstration in Middletown, DE

Mon, 23 Nov 2009 08:00:00 EST

MIDDLETOWN, DE--(Marketwire - November 23, 2009) - The PrePass weigh station electronic verification system will be demonstrated for the media at Delaware's Middletown truck inspection facility.

WHEN

Monday, November 23 at 10:30 AM

WHO

PrePass officials join with DE DOT and State Police. Richard P. Landis, president and CEO of the public-private partnership that offers PrePass, will be available for on-the-record comments

WHAT

Open house, live demonstration and media spokesman availability

MATECH Holds Numerous Meetings With High Level Officials at North American Strategic Infrastructure Leadership Forum

Mon, 23 Nov 2009 07:30:00 EST

LOS ANGELES, CA--(Marketwire - November 23, 2009) - MATECH Corp. (OTCBB: MTCH) (www.matechcorp.com) is pleased to announce that it held numerous meetings with high level officials at the prestigious North American Strategic Infrastructure Forum held at the Omni Shoreham Hotel in Washington, DC. Governor Ed Rendell of Pennsylvania delivered the keynote address.

The North American Strategic Infrastructure Leadership Forum (NALF), hosted by CG/LA Infrastructure LLC, brings together the top 100 North American strategic infrastructure projects, highlighting a view of North America, 2025, that optimizes global competitiveness and regional opportunity. The aim of the Leadership Forum is to increase the level of investment in infrastructure projects throughout North America by 1% of GDP (~$187 billion) every year over the next 10 years.

Alapis, Coca Cola Hellenic, Hellenic Exchanges, Hellenic Telecommunications Organization, Hellenic Petroleum, Hellenic Aerospace, Intralot to Participate at 11th Annual Capital Link Greek Forum Thursday, December 3, 2009, New York City

Fri, 20 Nov 2009 13:19:00 EST

NEW YORK, NY--(Marketwire - November 20, 2009) - Senior Executives from

--  Alapis (ATHEX: ALAPIS), Mr. Norbert Schmidt-Gollas, Executive
    Director - Alapis
--  Coca Cola Hellenic (NYSE: CCH), Mr. Doros Constantinou,
    CEO - Coca Cola Hellenic
--  Hellenic Petroleum (ATHEX: ELPE), Mr. John Costopoulos,
    CEO - Hellenic Petroleum
--  Hellenic Exchanges (ATHEX: EXAE), Mr. Simos Spyrou, Director
    of Strategic Planning, Communications & Investor Relations -
    Hellenic Exchanges
--  Hellenic Telecommunications Organization (NYSE: OTE), Mr. Kevin
    Copp, Group - Hellenic Telecommunications Organization
--  Hellenic Aerospace, Mr. Tassos Philippakos, CEO

Sunsail Announces New Yacht Charter Base in Mediterranean

Fri, 20 Nov 2009 12:24:00 EST

Opening 2010 in Procida, Bay of Naples, Italy

AmeraMex International and Marchetti Construction Meeting With ETHPE, the Second Largest Construction Company in Algeria

Fri, 20 Nov 2009 10:00:00 EST

Group Expects to Break Ground for the First Five-Star Hotel in Late Spring 2010

CheapOair Unveils Official Blog & "12 Days of Travel"

Fri, 20 Nov 2009 10:00:00 EST

"12 Days of Travel" Contest Starts Cyber Monday With @CheapOair Tweets

AutoInfo, Inc. Announces Quarterly Results

Fri, 20 Nov 2009 08:00:00 EST

BOCA RATON, FL--(Marketwire - November 20, 2009) - AutoInfo, Inc. (OTCBB: AUTO), a non-asset based transportation services company, today announced results of its operations for the quarter and nine months ended September 30, 2009.

For the nine months ended September 30, 2009, the Company reported gross revenues of $128.6 million as compared with $134.5 million for the prior year period. Gross profit (gross revenues less the direct cost of transportation) was $25.8 million for the current period as compared with $22.7 million for the prior year period. Net income was $966,000 and basic earnings per share were $.03 per share for the current period, as compared with $1,646,000 and $.05 per share for the prior year period.

DryShips Inc. Announces Pricing of $400 Million Convertible Senior Notes Offering

Thu, 19 Nov 2009 20:43:00 EST

ATHENS, GREECE--(Marketwire - November 19, 2009) - DryShips Inc. (NASDAQ: DRYS) (the "Company" or "Dryships"), a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services, today announced the pricing of its previously announced public offering of convertible senior notes. The offering size was increased from $300 million to $400 million. The sale of the convertible notes is expected to close on November 25, 2009, subject to customary closing conditions.

The Moorings Announces Treasure Hunt Sweepstakes

Thu, 19 Nov 2009 18:05:00 EST

Monthly Prizes & Grand Prize Yacht Charter in British Virgin Islands

Budget Truck Rental Introduces 'Hot Deals'

Thu, 19 Nov 2009 16:26:00 EST

New E-Newsletter Provides Exclusive Money-Saving Offers on Truck Rentals

Thanksgiving Travel at LAX to Reach 1.49 Million Passengers; LA/Ontario International to Total 123,500 Passengers

Thu, 19 Nov 2009 15:21:00 EST

New LAX FlyAway(R) Service From Irvine and Airline Relocations Set This Holiday

Third Quarter Results Announced by First Aviation

Thu, 19 Nov 2009 14:22:00 EST

WESTPORT, CT--(Marketwire - November 19, 2009) - First Aviation Services Inc. (PINKSHEETS: FAVS) today announced net income of $419,000 for the three months ended October 31, 2009 or $.06 per share versus a net loss of ($80,000) in the three month period ended October 31, 2008. Earnings before interest, taxes, depreciation and amortization (EBITDA) was a positive $1,062,000 compared to $655,000 in the three months ended October 31, 2008. Revenue for the quarter ended October 31, 2009 was 2.2% lower than the prior year same period.

IRD Awarded $1.1 Million Contract in Bangladesh, India

Thu, 19 Nov 2009 12:51:00 EST

SASKATOON, SASKATCHEWAN--(Marketwire - Nov. 19, 2009) - International Road Dynamics Inc. (TSX:IRD) (IRD) announced today that along with its wholly owned subsidiary, International Road Dynamics South Asia (IRDSA), it has been awarded a contract by the Bangladesh Bridge Authority (BAA) for the installation of two WeighinMotion Systems and a Toll Collection system for the Bangabandhu Bridge. The project is expected to be commissioned by April, 2010, and is valued at approximately CAD $1.1 Million.

Seanergy Maritime Holdings Corp. Secures One Year Employment for One of Its Vessels

Thu, 19 Nov 2009 12:30:00 EST

ATHENS, GREECE--(Marketwire - November 19, 2009) - Seanergy Maritime Holdings Corp. (the "Company") (NASDAQ: SHIP) (NASDAQ: SHIPW) announced today that it has entered into a time charter agreement for the M/V "Davakis G." The charter is for approximately one year at a gross daily rate of $21,000 and is expected to commence upon completion of the vessel's present employment.

Turbine Truck Engines Retains Services of Greenberg Traurig, LLP, for Potential Cross Border Mergers and Acquisitions

Thu, 19 Nov 2009 11:45:00 EST

DELAND, FL--(Marketwire - November 19, 2009) - Turbine Truck Engines, Inc. ("TTE") (OTCBB: TTEG) is pleased to announce that it has retained the services of Greenberg Traurig, LLP, as legal counsel regarding potential mergers and acquisitions on the Pacific Rim. TTE has recently opened an office in Taipei, Taiwan, to manage inquiries concerning M&A opportunities.

Michael Rouse, TTE's President and CEO, is currently in China to meet with interested parties, and he commented, "As we continue the development of the Detonation Cycle Gas Turbine engine, we want to configure TTE in ways that most effectively capitalize on the technology and maximize shareholder value. In pursuit of these objectives, we will explore mergers with or acquisitions of enterprises whose value proposition, management team, and financial performance would enhance our current business model. Greenberg Traurig has the experience and expertise t

Interface Masters Technologies Announces a Unique Quad Segment 10 Gigabit Intelligent Bypass Switch Supporting 8 Aggregation TAP Ports

Thu, 19 Nov 2009 10:22:00 EST

Niagara 2818 Is a Unique Quad Segment 10GE Intelligent Bypass Supporting Failover, Uninterrupted Network Connectivity and Advanced Management of 10 Gigabit Inline Appliances

Silver Falcon Mining, Inc. (SFMI) Stages Mill Circuit for Transport to Diamond Creek Facility; Interviewing New Employees

Thu, 19 Nov 2009 09:15:00 EST

MURPHY, ID--(Marketwire - November 19, 2009) - SILVER FALCON MINING, INC. (PINKSHEETS: SFMI) announces that its industrial moving company has completed the necessary task of securing the numerous components of the Company's mill circuit. This preparation readies these components for transportation from the Company's Melba, Idaho location to that of the new Diamond Creek Mill facility in Murphy, ID.

SFMI purchased a complete mill circuit designed in 2008, which contains a number of technologically advanced modern components. This mill design enhances the production of ore at maximum efficiencies which should provide SMFI a lower cost structure per ounce during mill operations.

Blackline GPS Equips The American Red Cross with Vehicle and Individual Tracking Services and Logistical Support

Thu, 19 Nov 2009 09:01:00 EST

CALGARY, ALBERTA--(Marketwire - Nov. 19, 2009) - Blackline GPS (TSX VENTURE:BLN), The American Red Cross and ESCORT are pleased to announce a partnership to implement a tracking system and emergency service management for American Red Cross vehicles and personnel in the National Capital Region. This platform will be monumental for efficient communication, dispatch of aid and distribution of resources in a disaster or emergency situation.

Blackline GPS CEO, Clark Swanson states "We thank The American Red Cross for their confidence in Blackline GPS. The opportunity to integrate our personal safety product, Loner(TM), with vehicle tracking and monitoring using Escort Entourage CIS(TM) is a wonderful testament to the power of Blackline GPS' location based services platform. The value for a global organization such as the American Red Cross translates into efficient and effective measures which can ultimately save lives."

Con-way Freight Named a 2009 Top 100 Motor Carrier by Inbound Logistics

Thu, 19 Nov 2009 09:00:00 EST

Company Named to List for Third Consecutive Year

ICOP Expects Strong Fourth Quarter

Thu, 19 Nov 2009 09:00:00 EST

LENEXA, KS--(Marketwire - November 19, 2009) - ICOP Digital, Inc. (NASDAQ: ICOP), an industry-leading company engaged in advancing digital surveillance technology solutions, today announced that unit sales for the fourth quarter of 2009 are strong and expected to accelerate. Sales to date for the fourth quarter total approximately 70% of reported sales in the third quarter 2009, with a substantial pipeline of opportunities still slated to close before December 31, 2009.

Northstar Electronics, Inc. (NEIK) CEO Wilson Russell Interviewed by Analyst About Its Defense Sector Business

Thu, 19 Nov 2009 09:00:00 EST

VANCOUVER, BC--(Marketwire - November 19, 2009) - Northstar Electronics, Inc. (OTCBB: NEIK) announces that its CEO, Dr. Wilson Russell, was interviewed by CEONEWS.Tv about the Company's business strategies and its unique role within the defense sector.

The interview is available in its entirety at: http://www.ceonews.tv/index.php?option=com_content&task=view&id=10663&Itemid=294

Navios Maritime Partners L.P. Announces Pricing of Follow-On Offering

Thu, 19 Nov 2009 09:00:00 EST

PIRAEUS, GREECE--(Marketwire - November 19, 2009) - Navios Maritime Partners L.P. ("Navios Partners") (NYSE: NMM) announced today that it has priced its follow-on public offering of 4,000,000 common units, which represent limited partnership interests, at $14.90 per unit. Navios Partners has granted the underwriters a 30-day option to purchase up to an additional 600,000 common units to cover over-allotments, if any. Navios Partners expects to use the proceeds from the offering to fund its fleet expansion and/or for general partnership purposes. The offering is expected to close on November 24, 2009.

MATECH Says a Bridge Fails Every 10 Days in U.S.

Thu, 19 Nov 2009 07:30:00 EST

Failures Cause Increased Congestion, Pollution, Economic and Humanitarian Loss

Anything Brands Online in Partnership With Custom Cravo Farms

Thu, 19 Nov 2009 06:30:00 EST

TUCSON, AZ--(Marketwire - November 19, 2009) - Anything Brands Online, Inc. (PINKSHEETS: ANYT) Anything Brands Online announced today that it has partnered with Custom Cravo Farms to assist in the development of its previously announced farming program.

Marc Schectman, President of Custom Cravo Farms, Inc., stated, "We are extremely pleased to have this relationship with Anything Brands Online. The farms currently under development will grow tomatoes, peppers and cucumbers, using up to 70% less water, 50% less fuel and 100% less agricultural chemicals than conventional open field operations. The program is called Custom Cravo Farms, named after Cravo Equipment, Ltd. (www.cravo.com). Cravo has been building greenhouses and growing systems for 30 years. For the last 10 years, Cravo has been fabricating greenhouses with retractable roofs and walls that roll up and down, providing

Reflect Scientific Enters Cooperative Agreement With Resonon

Thu, 19 Nov 2009 06:18:00 EST

OREM, UT--(Marketwire - November 19, 2009) - Reflect Scientific, Inc. (OTCBB: RSCF), a provider of diverse products and services for the biotechnology, pharmaceutical, medical, industrial and transportation industries, announced the Company has entered into a collaborative arrangement with Resonon for incorporation of its unique hyper-spectral imaging technology into Reflect Scientific's industrial machine vision line of business.

Stolt-Nielsen S.A. Announces Acquisition of the LPG Carrier Althea Gas

Thu, 19 Nov 2009 04:41:00 EST

LONDON--(Marketwire - November 19, 2009) - Stolt-Nielsen S.A. (SNSA) (Oslo B�rs: SNI) today announced that it has agreed to acquire through its subsidiary Stolt-Nielsen Gas Ltd. the 82,557 cbm LPG carrier Althea Gas from Iino Kaiun Kaisha of Japan. The ship was built by Kawasaki Heavy Industries, Ltd. of Japan in 2003. Delivery to Stolt-Nielsen Gas Ltd. is scheduled to take place in early 2010.

The purchase of the Althea Gas follows SNSA's recently announced entry into the VLGC market with the three-year time charter of the LPG carrier Yuhsho. Commenting on the transaction, Mr. Niels G. Stolt-Nielsen, Chief Executive Officer of SNSA, said: "We are pleased to acquire the Althea Gas at what we believe to be attractive terms, which will give us a competitively priced asset to operate. Our current intention is to trade the Althea Gas alongside Yuhsho in the spot and time-charter market."

Ericsson: Shortcut to mobile broadband

Thu, 19 Nov 2009 04:08:00 EST

STOCKHOLM, SWEDEN--(Marketwire - November 19, 2009) -

*     New solution brings 3G performance to GSM networks
*     Maximizes current investments, smoothes out 3G coverage
*     Enables mobile broadband for 4 billion GSM users

In countries with limited access to fixed networks, where demand for broadband is strong and the mobile phone is the most affordable way to access the internet, Ericsson's (NASDAQ: ERIC) EDGE Evolution presents subscribers with a great opportunity. This shortcut to mobile broadband adds 3G capabilities to GSM networks, significantly reduces delays and can increase data speeds by up to 300 percent. A potential market of 4 billion GSM users could soon enjoy internet browsing, access to social networks, and other multimedia content via their mobile phones.

Dockwise secures USD 24 million in near-term contract awards

Thu, 19 Nov 2009 02:09:00 EST

BREDA, THE NETHERLANDS--(Marketwire - November 19, 2009) -

Dockwise Ltd. today announces 8 new near-term contract wins awarded to its subsidiary, Dockwise Shipping, for the transportation of modules, vessels and jack up drilling rigs.

Dockwise, together with industry partners, has received contract awards to transport various jack up drilling rigs to Sjarjah, Tianjin, West Africa, Sudan and Singapore and modules and a salvage vessel to Stavanger and Nigeria respectively. Most of the contract work will be carried out in Q4 2009 with the remainder to be performed in Q1 2010. Total contract revenues for the Dockwise contracts are expected to be approximately USD 24 million.

BNSF Statement on State of Montana Lawsuit on Shortline Rail Issues

Wed, 18 Nov 2009 18:46:00 EST

FORT WORTH, TX--(Marketwire - November 18, 2009) - BNSF Railway Company (BNSF) today issued the following statement regarding the lawsuit filed by the State of Montana over BNSF's 1984 settlement agreement regarding Central Montana Railway (CMR), a wholly owned subsidiary of the State of Montana.

The State's suit primarily deals with issues that have already been before federal courts for the past four years. Many of these issues were resolved in BNSF's favor by the federal court and arbitration panels. We intend to continue these efforts to demonstrate that our actions are legal, designed to provide Montana producers with rate transparency and protect Montana producers from excessive rail rates.

DryShips Announces the Acquisition of Two Panamax Vessels

Wed, 18 Nov 2009 18:15:00 EST

ATHENS, GREECE--(Marketwire - November 18, 2009) - DryShips Inc. (NASDAQ: DRYS) (the "Company" or "Dryships"), a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services, announced today an agreement to acquire two Panamax vessels for an aggregate price of $75.76m. The vessels, a 76,635 dwt Panamax built in 2007, and a 76,635 dwt Panamax built in 2006, are expected to be delivered charter-free within the first quarter of 2010. This transaction is subject to the approval of the Board of Directors of DryShips.

Vix ERG Wins Sesame for eO

Wed, 18 Nov 2009 18:11:00 EST

CONCORD, CA--(Marketwire - November 18, 2009) - At the Cartes 2009 Sesames Awards Ceremony in Paris yesterday, Vix ERG was announced as the winner of the prestigious Sesame Award in the category of Transportation. The award was in recognition of eO -- Vix ERG's easy, open fare payment system -- as deployed in Salt Lake City, Utah for the Utah Transit Authority (UTA).

"This prestigious award vindicates the bold vision of Vix ERG and our partner, UTA, in bringing contactless open payment solutions to public transit, including the use of bank issued credit cards," said Steve Gallagher, Managing Director of Vix ERG. "Our eO solution deployed in UTA, together with our current pilot in Liverpool with Stagecoach and Mastercard, demonstrate our clear leadership in this new application. We will shortly release our EMV certified validators in EMEA where we are currently working on a number of opportunities with transit operators."

GOLAR LNG LIMITED - NOTIFICATION OF SHARE TRANSACTION

Wed, 18 Nov 2009 18:05:00 EST

LONDON--(Marketwire - November 18, 2009) - Golar LNG Limited ("Golar") announces that its existing total return swap in its own shares ("TRS" or "equity swap") has terminated. The shares were originally acquired at an average price of NOK 41.00, which based on the closing price of Golar shares today (18 November 2009) of NOK 73.00, will realise a gain of approximately USD1.7m after taking into account financing costs. Concurrently with the termination of the TRS, Golar has directly acquired 300,000 shares at an average price of NOK73.00 (approximately USD13.04).

Pratt & Whitney Canada Signs FMP(R) Agreement With Falcon Aviation Services

Wed, 18 Nov 2009 16:54:00 EST

DUBAI AIR SHOW, DUBAI, UAE--(Marketwire - Nov. 18, 2009) - Pratt & Whitney Canada Customer Service Centre Europe GmbH, a joint venture between Pratt & Whitney Canada and MTU Aero Engines, has signed a four-year Fleet Management Program(TM)(FMP)(R) agreement with Falcon Aviation Services LLC (FAS) of Abu Dhabi to provide comprehensive maintenance support for PT6T-3DF Twin-Pac(R) engines installed on FAS's fleet of Bell 412 EP helicopters. Pratt & Whitney Canada (P&WC) is a United Technologies Corp. (NYSE:UTX) company.

Pratt & Whitney Canada ratifie une entente dans le cadre du Programme de gestion des flottes(MC) (FMP)(R) avec Falcon Aviation Services

Wed, 18 Nov 2009 16:54:00 EST

SALON DE L'AERONAUTIQUE DE DUBAI, DUBAI, EMIRATS ARABES UNIS--(Marketwire - 18 nov. 2009) - Le centre de service � la client�le europ�en de Pratt & Whitney Canada GmbH, une entreprise conjointe entre Pratt & Whitney Canada et MTU Aero Engines, a sign� une entente dans le cadre du Programme de gestion des flottes(MC) (FMP)(R) d'une dur�e de quatre ans avec Falcon Aviation Services LLC (FAS) d'Abu Dhabi dans le but de lui offrir un service de maintenance exhaustif des moteurs PT6T-3DF Twin-Pac(R) qui �quipent sa flotte d'h�licopt�res 412 EP de Bell. Pratt & Whitney Canada (P&WC) est une soci�t� de United Technologies Corp. (NYSE:UTX).

Navios Maritime Partners L.P. Announces Public Offering of 4,000,000 Common Units

Wed, 18 Nov 2009 16:11:00 EST

PIRAEUS, GREECE--(Marketwire - November 18, 2009) - Navios Maritime Partners L.P. ("Navios Partners") (NYSE: NMM) announced today that it plans to offer 4,000,000 common units representing limited partnership interests in a public offering. Navios Partners expects to grant the underwriters a 30-day option to purchase an additional 600,000 common units to cover over-allotments, if any. Navios Partners expects to use the net proceeds from the public offering to fund its fleet expansion and/or for general partnership purposes.

Woodward Reports Fourth Quarter and Fiscal Year 2009 Results

Wed, 18 Nov 2009 16:00:00 EST

FORT COLLINS, CO--(Marketwire - November 18, 2009) - Woodward Governor Company (NASDAQ: WGOV) today reported financial results for its fourth quarter and fiscal year 2009. (All per share amounts are presented on a fully diluted basis.)

Quarterly Highlights

--  Sales for the quarter were $365 million, up approximately 4 percent
    from $351 million in the fourth quarter of last year.
--  Earnings per share were $0.34 for the quarter as compared with $0.50
    for the same quarter last year.
--  Free cash flow for the quarter was $92 million compared to $27 million
    for the same period in the prior year.
--  $121 million of debt was repaid in the fourth quarter.
--  Final resolution in November 2009 of MPC's government matter
    consistent with expectations.
--  Organic net sales (which excludes Airframe Systems segment external
    sales of $109.6 million) for the fiscal 2009 fourth quarter were $255

Ganas Corporation Acquires Go Green USA, LLC

Wed, 18 Nov 2009 13:00:00 EST

First Major Chinese Electric SUV to Be Distributed in USA

Evans Cooling Systems' Podcast Examines Benefits of Waterless Cooling Technology for Rotax Engines

Wed, 18 Nov 2009 12:25:00 EST

SUFFIELD, CT--(Marketwire - November 18, 2009) - Evans Cooling Systems, patent holder and manufacturer of the only commercial waterless engine coolants, has produced a podcast focused on the benefits of waterless cooling technology for Rotax engines, which are popular in small aircraft and in UAVs.

A recent FAA revised Special Airworthiness Bulletin (SAIB) recommended that waterless coolants be used in certain Bombardier-Rotax engines. The podcast addresses the potential issues of conventional ethylene-glycol/water coolant use in Rotax 912 and 914 series engines if the engine coolant exit temperatures exceed 120�C. Dangers include possible coolant losses, engine overheating, knocking, engine damage or in-flight shutdown.

Alcatraz Cruises Awarded International Award for Sustainability Efforts

Wed, 18 Nov 2009 11:00:00 EST

One of Two US Companies to Be Honored

Decode Car Hire Makes Their Presence Known at the World Travel Market Forum

Wed, 18 Nov 2009 10:41:00 EST

LONDON, UNITED KINGDOM--(Marketwire - Nov. 18, 2009) - Following the 30 year anniversary of the WTM (World Travel Market) Forum in London, Decode Car Hire made an impression on many existing and new partners. Decode Car Hire has recently released news about bulking up their customer service department and that information was well received by many of the participants of the WTM Forum. The Decode Car Hire representatives made it clear they will be changing their strategy in the immediate future. The existing partners of Decode Car Hire were happy to hear about these new techniques and the potential partners were also impressed with the plans of the internet car hire broker.

Stolt-Nielsen S.A. Financial Calendar for 2010

Wed, 18 Nov 2009 10:08:00 EST

LONDON, NORWAY--(Marketwire - November 18, 2009) -

LONDON, November 18, 2009 - Stolt-Nielsen S.A. (Oslo B�rs: SNI) today announced that it will publish the Company's financial results for 4Q09 and 2010 on the following dates:

4Q09: Jan.28.10 Presentation in Oslo 1Q10: Apr.07.10 Conference call 2Q10: Jul.01.10 Presentation in Oslo 3Q10: Sep.30.10 Conference call 4Q10: Jan.27.11 Presentation in Oslo

About Stolt-Nielsen S.A.

Stolt-Nielsen S.A. (SNSA or the "Company") is one of the world's leading providers of transportation services for bulk liquid chemicals, edible oils, acids, and other specialty liquids. The Company, through its parcel tanker, tank container, terminal, rail and barge operations, provides integrated transportation solutions for its customers. Stolt Sea Farm, wholly owned by the Company, produces and markets high quality turbot, sole, sturgeon, and caviar. Stolt-Nielsen is listed

Penske Logistics Announces Three Executive Appointments

Wed, 18 Nov 2009 09:23:00 EST

READING, PA--(Marketwire - November 18, 2009) - Penske Logistics announced three executive appointments.

Jim Erdman, Senior Vice President - Global Products

In this new position, Erdman will develop and implement Penske Logistics' product offerings and optimize the transit of domestic and international freight through customer supply chains. He will be based in Dearborn, Mich. Most recently, he served as Senior Vice President for the Asia-Pacific Region. Erdman has been with Penske for 21 years. His previous roles include leading Ford Motor Company's operations for Penske Logistics in Dearborn, Mich. and serving as Managing Director in South America. He will report to Vince Hartnett, Penske Logistics President.

Star Bulk Carriers Corp. Enters Into Three New Time Charters and Completes Transition to In-House Fleet Technical Management

Wed, 18 Nov 2009 09:00:00 EST

ATHENS, GREECE--(Marketwire - November 18, 2009) - Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (NASDAQ: SBLK) today made the following announcements:

Extension of the Star Delta time charter

The Company agreed with the present charterers GMI for a further two-year time charter employment of the Star Delta, a 52,434 dwt 2000-built Supramax vessel, in direct continuation of the present time charter due to expire in March 2010, at a gross daily rate of $14,000.

MATECH Exhibits at Annual Conference Sponsored by the American Association of State and Highway Officials

Wed, 18 Nov 2009 07:30:00 EST

LOS ANGELES, CA--(Marketwire - November 18, 2009) - MATECH Corp. (OTCBB: MTCH) (www.matechcorp.com) is pleased to announce that it presented its breakthrough Electrochemical Fatigue Sensor (EFS) System to attendees at the American Association of State Highway and Transportation Officials (AASHTO) 2009 conference held last month in Palm Desert, CA.

AASHTO is a nonprofit, nonpartisan association representing highway and transportation departments in the 50 states, the District of Columbia, and Puerto Rico. The voice for transportation and catalyst for organizational and technical excellence, AASHTO advocates transportation-related policies and provides technical services to support states in their efforts to efficiently and safely move people and goods. AASHTO represents all five transportation modes: air, highways, public transportation, rail, and water. Its primary goal is to

SFL - Invitation to Presentation of 3Q 2009 Results

Wed, 18 Nov 2009 06:27:00 EST

HAMILTON, BERMUDA--(Marketwire - November 18, 2009) -

Ship Finance International Limited ("Ship Finance") (NYSE: SFL) plans to release its financial results for third quarter 2009 on Friday November 27, 2009.

The Company plans to host a conference call and a webcast for all shareholders and interested parties on Friday November 27, 2009 at 10:30 AM (EST) / 4:30 PM (Central European Time). Relevant material will be available from the Investor Relations section at www.shipfinance.org as of the same day.

BNSF Honors Plainsman Switching Company for Partnership Excellence

Tue, 17 Nov 2009 17:40:00 EST

FORT WORTH, TX--(Marketwire - November 17, 2009) - BNSF Railway Company (BNSF) has recognized the Plainsman Switching Co. (PSC), headquartered in Lubbock, Texas, with a BNSF Shortline Achievement Award. The award was presented to PSC General Manager R.W. Chisum at BNSF's 14th Annual Shortline Conference on Oct. 19, 2009 in Fort Worth, Texas.

"Plainsman Switching Company has reinvented and grown their Lubbock, Texas shortline business by understanding market demands, listening to customer needs, providing unique service offerings and investing in their infrastructure to meet customer expectations," said Pete Rickershauser, BNSF vice president, Network Development.

BNSF Honors Burlington Junction Railway for Partnership Excellence

Tue, 17 Nov 2009 17:38:00 EST

FORT WORTH, TX--(Marketwire - November 17, 2009) - BNSF Railway Company (BNSF) has recognized the Burlington Junction Railway (BJRY), headquartered in Burlington, Iowa, with a BNSF Shortline Achievement Award. The award was presented to BJRY President Steve Hoth at BNSF's 14th Annual Shortline Conference on Oct. 19, 2009 in Fort Worth, Texas.

"Burlington Junction Railway goes above and beyond in finding new business opportunities, whether along their lines or accessible through rail-truck transloads, understanding what the customer's total transportation needs are, and developing a service to meet their customers' expectations," said Pete Rickershauser, BNSF vice president, Network Development.

BNSF Honors Yellowstone Valley Railroad for Partnership Excellence

Tue, 17 Nov 2009 17:36:00 EST

FORT WORTH, TX--(Marketwire - November 17, 2009) - BNSF has recognized the Yellowstone Valley Railroad (YSVR), located in Eastern Montana, with a BNSF Shortline Achievement Award. The award was presented to John Brown, Watco Companies chief operating officer, West Region, at BNSF's 14th Annual Shortline Conference on Oct. 19, 2009 in Fort Worth, Texas.

"The cornerstone of Yellowstone Valley Railroad's success is their flexibility to adapt to new business opportunities and conditions," said Pete Rickershauser, BNSF vice president, Network Development. "This shortline always maintains high-service expectations for its directly-served customers linking with the BNSF network in the midst of rerouting trains due to maintenance of way windows and weather-related traffic changes."

BNSF Honors Three Shortline Railroads for Partnership Excellence

Tue, 17 Nov 2009 17:35:00 EST

FORT WORTH, TX--(Marketwire - November 17, 2009) - BNSF Railway Company (BNSF) recognized three shortline railroads for their tremendous success and partnership over the past year with a BNSF Shortline Achievement Award at this year's 14th Annual Shortline Conference on Oct. 19, 2009 in Fort Worth, Texas.

The Plainsman Switching Company (PSC), Yellowstone Valley Railroad (YSVR), and Burlington Junction Railway (BJRY) were chosen because of their ability to increase the volume and development of new customers and for being good stewards in their communities.

Worldwide Food Services (WFSV) to Complete Headquarter Office Acquisition

Tue, 17 Nov 2009 16:15:00 EST

BORDENTOWN, NJ--(Marketwire - November 17, 2009) - WORLDWIDE FOOD SERVICES, INC. (Worldwide Food Services) (PINKSHEETS: WFSV), after 6 months of site reviews, has narrowed its search for office space for its headquarter staff to 3 locations; the Princeton area, the corridor of Rt. 3 and the N.J. Turnpike, and South Central New Jersey with proximity to Philadelphia.

The primary objective for the Worldwide Food Services headquarters is to be situated in the Northeast close to major hub airports, highways, and especially to the Company's distribution base. Final selection will be made by the end of 2009, with a move-in date sometime in the first quarter, 2010.

DryShips Inc. Announces $300 Million Convertible Senior Notes Offering

Tue, 17 Nov 2009 16:08:00 EST

ATHENS, GREECE--(Marketwire - November 17, 2009) - DryShips Inc. (NASDAQ: DRYS) (the "Company" or "Dryships"), a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services, today announced that it has commenced a public offering of $300 million aggregate principal amount of convertible senior notes. The underwriter for the offering will also have the option to purchase up to $45 million principal amount of additional notes solely to cover any over-allotments. The Company intends to use the proceeds from the offering for vessel acquisitions, working capital and other general corporate purposes.

DryShips Announces It Has Signed Agreement With Deutsche Schiffsbank on Waiver Terms for $117.5 Million of Debt

Tue, 17 Nov 2009 16:05:00 EST

ATHENS, GREECE--(Marketwire - November 17, 2009) - DryShips Inc. (NASDAQ: DRYS) (the "Company" or "Dryships"), a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services, announced today that it has signed an agreement with Deutsche Schiffsbank on waiver terms for two facilities with an aggregate of $117.5 million of its outstanding debt.

George Economou, Chairman and Chief Executive Officer, commented: "I am delighted to report that with the signing of the Deutsche Schiffsbank waiver, we have now obtained all the necessary waivers for all of our outstanding debt. This resolves all cross default issues and is expected to result in the normal classification of our long term debt on our balance sheet. We would like to thank our banks for being extremely supportive of the company. DryShips is in a strong position to take advantage of the distressed opportunitie

Austin Movers Say the Light Continues to Shine on the All My Sons Moving Premium Customer Service

Tue, 17 Nov 2009 13:45:00 EST

AUSTIN, TX--(Marketwire - November 17, 2009) - The Austin moving company, All My Sons Moving and Storage continues to supply its customers in Austin, Bastrop, Pflugerville, West Lake Hills and surrounding areas with quality moving services. "We value our clients and their belongings and we endeavor to show that in every move," shared Todd Harrison, President of the local Austin movers company.

The family owned and operated, local Austin Movers, All My Sons Moving is known for its old fashioned-care style of moving. "Our moving company was founded on the ideals of modern moving with old fashioned-care. We instill that principle in our moving crews and it's those ingredients that yields repeat customers every time, they become family," concluded Harrison, the Austin Movers representative.

Dominica Air & Sea Ports Authority (DASPA) Chooses Klein Systems Group's Solutions

Tue, 17 Nov 2009 12:01:00 EST

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 17, 2009) - Klein Systems Group, Ltd. (Klein), a wholly owned subsidiary of HITT nv in The Netherlands, announced today that Dominica Air & Sea Ports Authority (DASPA) has contracted with Klein to provide a comprehensive port management system.

DASPA's Chief Executive Officer, Mr. Benoit Bardouille chose KleinPort because it would provide the port with the mechanism to move from a manual process to a fully automated, world-class system allowing Dominica to take advantage of best business practices already employed to optimize larger ports. In addition, KleinPort is capable of fully integrating with�the Commonwealth of Dominica's Automated System for Customs Data, ASYCUDAWORLD 1.1.

Mexicana Consolidates Its Presence in Alberta by Adding Frequencies to Mexico City From YYC

Tue, 17 Nov 2009 11:45:00 EST

Now five weekly flights between Calgary and Mexico City

Bay Area Can 'Breathe Easy' as GSC Logistics Aggressively Targets Fleet Exhaust Fumes

Tue, 17 Nov 2009 11:00:00 EST

OAKLAND, CA--(Marketwire - November 17, 2009) - As part of its 'go green' efforts, GSC Logistics, Inc., (GSC) the industry's forward-thinking logistics provider, has retrofitted its entire fleet to ensure that the lowest levels possible of greenhouse gas (GHG) emissions enter the atmosphere in the Greater Bay Area.

"For GSC, protecting the environment is not just a company initiative, it is our responsibility as members of the community to work toward reversing the threats of pollution and climate change," said Andy Garcia, chairman and executive vice president of GSC Logistics. "Over the past year, we have upgraded our fleet, and are also working closely with third-party fleet owners -- who seasonally partner with GSC -- to ensure that they're also doing their part to help protect the environment and are compliant with the California Air Resources Board regulations."

Estudo da Smart Card Alliance e Visa sobre a migra��o EMV/Chip no Brasil e no M�xico revela que a redu��o de fraude em pagamentos financeiros � o principal fator determinante para a ado��o de cart�es com chip EMV.

Tue, 17 Nov 2009 10:32:00 EST

Organiza��es realizar�o um Webinar para discutir estes resultados

Estudio de Smart Card Alliance sobre Chip EMV en Brasil y M�xico halla reducci�n de fraude de pagos como principal impulsor para la adopci�n de tarjetas con chip EMV.

Tue, 17 Nov 2009 10:26:00 EST

Organizaciones realizar�n Webinars (seminario v�a web) para discutir hallazgos.

CargoSmart Launches Next Generation of Supply Chain Visibility Reports

Tue, 17 Nov 2009 10:00:00 EST

Advanced Visibility Reports Help Importers and Exporters Improve On-Time Shipment Performance and Lower Transportation Costs

Etihad Airways Selects Panasonic's eX2 for A330 and B777 Aircraft and Turnkey Maintenance

Tue, 17 Nov 2009 09:03:00 EST

LAKE FOREST, CA--(Marketwire - November 17, 2009) - Panasonic Avionics Corporation (Panasonic), the world leader in state-of-the-art in-flight entertainment and communication (IFEC) systems, announced today at the Dubai Airshow the signing of an agreement with Etihad Airways (Etihad) for 10 B777-300ER, 5 A330-300, and 2 A330-200 aircraft to be equipped with Panasonic's leading eX2 IFEC system as well as an agreement for a 7-year turnkey service maintenance contract. The first aircraft delivery is expected in December 2009.

Silver Falcon Mining, Inc. (SFMI): Update on Illinois Central Ore Dumps and Mill Construction

Tue, 17 Nov 2009 09:00:00 EST

MURPHY, ID--(Marketwire - November 17, 2009) - Silver Falcon Mining, Inc. (PINKSHEETS: SFMI) has begun moving the ore dumps from the Illinois Central Veins on War Eagle Mountain to the stockpile at the Diamond Creek Mill site.

GoldCorp Holdings built a new road on its property in order to provide SFMI more access to richer tailings atop War Eagle Mountain. A fleet of trucks will move as much ore as possible down the mountain to SFMI's 100% owned Diamond Creek Mill and will continue this transport until the weather becomes impossible to deal with in an economical manner. Combined with the ore already being delivered from SFMI's former Melba site, the Diamond Creek Mill will have enough material to process throughout the winter months. Once spring arrives, SFMI will recommence ore delivery to provide a consistent mill feed st

Wireless Intelligent Transportation System (ITS) Wins Award for Saving LA County $7 Million

Tue, 17 Nov 2009 08:30:00 EST

Proxim and Systems Integrated Selected by Los Angeles County to Provide Wireless Communications to 1,000 Traffic Signals; Wireless ITS Used to Reduce Traffic Congestion and Improve Commute Times

Teekay LNG Partners Announces Pricing of Follow-On Offering

Tue, 17 Nov 2009 08:29:00 EST

HAMILTON, BERMUDA--(Marketwire - Nov. 17, 2009) - Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP) announced today that it has priced its follow-on public offering of 3,500,000 common units, which represent limited partner interests, at $24.40 per unit. Teekay LNG has granted the underwriters a 30-day option to purchase up to an additional 525,000 units to cover over-allotments, if any. The Partnership expects to use the proceeds of the offering to repay amounts outstanding on one of its revolving credit facilities. The offering is expected to close on November 20, 2009.

Nordic American Tanker Shipping Ltd. - (NYSE: NAT) Delivery of Vessel no. 17

Tue, 17 Nov 2009 08:25:00 EST

HAMILTON, BERMUDA--(Marketwire - November 17, 2009) -

Press release (PDF): http://hugin.info/201/R/1355609/329108.pdf

Nordic American Tanker Shipping Ltd. (the "Company") today took delivery of the suezmax vessel that the Company agreed to acquire in early October 2009. The double hull suezmax vessel has been named Nordic Mistral. Including the Nordic Mistral and the acquisition announced November 9, the fleet of the Company consists of 18 suezmax vessels of which two are newbuildings expected to be delivered in May 2010 and August 2010, respectively. The Nordic Mistral will be employed in the spot market.

GOGL - Invitation to presentation of Q3 2009 Results

Tue, 17 Nov 2009 08:14:00 EST

HAMILTON, BERMUDA--(Marketwire - November 17, 2009) -

Press release from Golden Ocean Group Ltd. 17.11.2009

Golden Ocean's third quarter 2009 results will be released on Wednesday November 25, 2009. In connection with this a presentation and a teleconference/webcast will be held as described below:

1. Presentation

A presentation of Golden Ocean's third quarter 2009 results will take place in Oslo at Haakon VII's gt. 1 (Shippingklubben) on Wednesday November 25, 2009 at 08:30 A.M. If you wish to attend please confirm to our Reception at +47 22 01 73 40

MATECH in Discussions With Major Transportation Agency Regarding Year-Long Bridge Monitoring Program

Tue, 17 Nov 2009 07:30:00 EST

Long-Term Inspection Program to Focus on High-Profile East Coast Bridge

FRO - Invitation to presentation of Q3 2009 Results

Tue, 17 Nov 2009 07:15:00 EST

HAMILTON, BERMUDA--(Marketwire - November 17, 2009) -

Frontline Ltd.'s third quarter 2009 results will be released on Friday November 27, 2009. In connection with this a presentation and a teleconference/webcast will be held as described below:

1. Presentation

A presentation of Frontline Ltd.'s third quarter 2009 results will take place in Oslo at Stranden 21 (DnB NOR building at Aker Brygge) on Friday November 27, 2009 at 08:30 A.M. If you wish to attend please confirm to our Reception at +47 23 11 40 00 or by email to ir@frontmgt.no.

Globus Maritime Limited Reports Financial Highlights for the Third Quarter and Nine Months Ended September 30, 2009

Tue, 17 Nov 2009 07:00:00 EST

ATHENS, GREECE--(Marketwire - November 17, 2009) - Globus Maritime Limited ("Globus" or the "Company") (AIM: GLBS) (LSE: GLBS), a marine transportation company that owns and operates Handymax and Panamax dry bulk vessels, announces the following trading update and unaudited financial highlights for the three months ("Q3-09") and nine months ended September 30, 2009.

Third Quarter 2009 Financial Highlights versus Third Quarter 2008:

Smart Card Alliance Study on EMV/Chip in Brazil and Mexico Finds That Payments Fraud Reduction Is Top Driver for Adoption

Tue, 17 Nov 2009 02:00:00 EST

Organizations to Host Webinar to Discuss Findings

SEACOR Subsidiaries Era Helicopters and SEACOR Environmental Services Conduct Joint SAR and Emergency Medical Services Demonstration

Mon, 16 Nov 2009 18:37:00 EST

FORT LAUDERDALE, FL--(Marketwire - November 16, 2009) - SEACOR Holdings Inc. (SEACOR) (NYSE: CKH) announced today that it conducted a joint Search and Rescue (SAR) and Emergency Medical Services demonstration on October 28 in Sabine Pass, Texas. The demonstration of SEACOR's joint services capabilities stems from a teaming arrangement between Era Helicopters LLC (Era), a SEACOR subsidiary, and Priority 1 Air Rescue (P1AR). Era and P1AR are now offering FAA-approved full-service SAR and Emergency Medical Services capability and turnkey solutions to offshore Oil & Gas companies in the Gulf of Mexico and abroad.

Space-Lok Upgrades Materials Testing Lab With New Tinius Olsen Tensile Systems

Mon, 16 Nov 2009 18:04:00 EST

HORSHAM, PA--(Marketwire - November 16, 2009) - Space-Lok, Inc., a Gardena, CA-based maker of super alloy fasteners for aerospace and other mission critical applications, recently made major upgrades to its in-house materials testing laboratory. The company, which owns several high capacity tensile testing machines from Tinius Olsen, a premier materials testing machine manufacturer, decided to retrofit its 120,000 and 600,000 lbs models with all-new digital control to match its new 400,000 lbs model. The load frames continue to hold up after years of service. In addition to tensile, Space-Lok uses 220,000 lbs, 67,000 lbs, and 22,000 lbs fatigue-testing machines.

Teekay LNG Partners Announces Public Offering of 3,500,000 Common Units

Mon, 16 Nov 2009 16:31:00 EST

HAMILTON, BERMUDA--(Marketwire - Nov. 16, 2009) - Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP) announced today that it plans to offer 3,500,000 common units representing limited partner interests in a public offering.�Teekay LNG expects to grant the underwriters a 30-day option to purchase an additional 525,000 common units to cover over-allotments, if any.�The Partnership expects to use the net proceeds from the public offering to repay amounts outstanding on one of its revolving credit facilities.�The Partnership may reborrow the amounts it repays on the facility.

IRD Receives $1.0 Million Weigh Station Contract From State of Wisconsin

Mon, 16 Nov 2009 11:39:00 EST

SASKATOON, SASKATCHEWAN--(Marketwire - Nov. 16, 2009) - International Road Dynamics Inc. (TSX:IRD) (IRD) announced today that that it has been awarded a CAD $965,000 contract by the Wisconsin Department of Transportation (WisDOT) to install and maintain three Virtual Weigh Stations and Bridge Monitoring Systems. The systems will be located on select ramps of the Milwaukee Zoo Interchange. The bridges immediately following these ramps have restricted vehicle weight limitations which are actively being enforced.

Panasonic Avionics Corporation Extends In-Flight Entertainment System Capability for Emirates

Mon, 16 Nov 2009 09:03:00 EST

LAKE FOREST, CA--(Marketwire - November 16, 2009) - Panasonic Avionics Corporation (Panasonic), the world leader in state-of-the-art in-flight entertainment and communication (IFEC) systems, today announced it has created an X Series hybrid solution to bring new capabilities to its K Series System 2000e in-flight entertainment system onboard up to 37 Emirates aircraft.

The deal was finalized today during a signing ceremony at the 2009 Dubai Airshow in Dubai, UAE attended by Adel Al Redha, Emirates' Executive Vice President Engineering and Operations and Paul Margis, Chief Executive Officer, Panasonic Avionics Corporation.

iLOOKABOUT Grows With Vineland

Mon, 16 Nov 2009 09:02:00 EST

LONDON, ONTARIO--(Marketwire - Nov. 16, 2009) - iLOOKABOUT Corp. (TSX VENTURE:ILA) ("iLOOKABOUT" or the "Company") announced today an agreement with the City of Vineland, NJ to provide a complete visual data set of StreetScape images within the City boundaries. The contract is a collaborative effort with The City of Vineland, Pictometry(C) and iLOOKABOUT to provide instant access to aerial (ortho & oblique) and StreetScape ground-level visual data. StreetScape imagery will initially be utilized in the critical 9-1-1 Communications Center before being deployed for use in planning, economic development, tax assessment and geographic information systems. Financial terms of the agreement were not disclosed.