Transport insurance provider TT Club has announced that it is strengthening its capital base through the issue of "floating" subordinated loan notes worth a total of US$30 million.
At the Gala Dinner on 21st September 2006 during the FIATA World Congress 2006 in Shanghai, Mr Andreas Mueller, Chairman of the Steering Group could announce Mrs Marlena Goldberger from the UK as the final winner.
From the end of this year, China's doors are fully opened to foreign investment in freight forwarding business, subject to satisfying capital requirements and other conditions.
On 14 July 2006, the People's Republic of China ("PRC") and the Hong Kong Special Administrative Region ("HKSAR") signed an arrangement on reciprocal recognition and enforcement of each other's judgments in civil and commercial matters ("the Arrangement").
On Thursday 14 September, the US Senate voted without dissent to tighten security at American seaports by scanning nearly all incoming cargo for "dirty bombs" and other nuclear weapons.
Dutch police sources have stated that poor document control, lax information security and failure to carry out proper procedures is contributing to the theft of whole trailer loads in the Netherlands.
