EIN Presswire: Shipping & Logistics Live Feed Press Releases

Ocean Freight: Panalpina Adds Further Intra Asia LCL Services

Wed, 08 Feb 2012 02:00:00 +0000

Ocean Freight: Panalpina Adds Further Intra Asia LCL Services

PR Newswire

BASEL, Switzerland, Feb. 8, 2012 /PRNewswire-Asia/ -- Panalpina, one of the world's leading providers of supply chain solutions, today announced the launch of six new direct Less than Container Load (LCL) services through its in-house carrier, Pantainer Express Line. The new guaranteed weekly services all run out from Shanghai (Mainland China), separately connecting to Keelung (Taiwan), Manila (Philippines), Ho Chi Minh City (Vietnam), Bangkok (Thailand), Singapore and Jakarta (Indonesia). The new services meet increased customer demand for reliable LCL solutions on the Intra Asia trade.

The six new guaranteed weekly services have been launched to meet increased customer demand especially in the consumer, high-tech and telecom industries and to strengthen Panalpina's position as one of the leading LCL service providers on the Intra Asia trade. The services to Bangkok and Singapore have already existed but have now been upgraded to two and three sailings respectively per week.

Reliable and cost worthy option on the Intra Asia trade

Panalpina's customers in Asia can utilize these services operated by the in-house carrier, Pantainer Express Line, to further optimize their supply chains for smaller orders. The LCL solutions represent a reliable and cost worthy option to air freight or Full Container Loads (FCL) on the Intra Asia trade. With short lead times and improved frequencies, customers will now benefit from ocean freight economies of scale regardless of their order volumes.

The new LCL services are part of Panalpina's long term strategy to grow business on key Asia trade lanes, especially on the Far East Westbound, Transpacific Eastbound, Intra Asia, Asia to Latin America and Asia to Middle East trade. "Intra Asia plays a pivotal role in our global LCL network and in the Group's growth strategy, and we are committed to delivering new solutions that meet our customers supply chain needs," commented Frank Hercksen, Global Head of Ocean Freight at Panalpina.

Increased flexibility, reliability and improved supply chain

Less than Container Load (or LCL) offers the possibility to consolidate multiple consignments from several customers in one Full Container Load (FCL). The Panalpina LCL product consists of numerous direct LCL services in combination with its global strategic LCL hub network. Panalpina provides customers seamless door-to-door services with the highest level of schedule integrity increasing the flexibility and reliability within the end-to-end supply chain.

The Panalpina Group

The Panalpina Group is one of the world's leading providers of supply chain solutions, combining intercontinental Air and Ocean Freight with comprehensive Value-Added Logistics Services and Supply Chain Services. Thanks to its in-depth industry know-how and customized IT systems, Panalpina provides globally integrated end-to-end solutions tailored to its customers' supply chain management needs. The Panalpina Group operates a global network with some 500 branches in more than 80 countries. In a further 80 countries, it cooperates closely with partner companies. Panalpina employs approximately 15,000 people worldwide.

www.panalpina.com

SOURCE　The Panalpina Group

TUV Rheinland Group: Electric Vehicle Makes a Hit in China

Wed, 08 Feb 2012 02:00:00 +0000

TUV Rheinland Group: Electric Vehicle Makes a Hit in China

PR Newswire

2011 Report on China's Electric-Vehicle Markets

HONG KONG, Feb. 8, 2012 /PRNewswire-Asia/ -- The TUV Rheinland Global Electric-Vehicle (EV) Survey 2011, released in the fourth quarter, suggests that almost every car driver in India and China intends to choose an EV in the next five years. "This alone will completely change the market conditions", explains Dr. Thomas Aubel, Executive Vice President of Mobility at TUV Rheinland. The survey also shows that although the problem of charging is the biggest concern for Chinese drivers, most people are still willing to invest more for the sake of environmental protection. In addition, Japan and Germany are perceived asthe leaders in EV technology and thus customers would prefer to buy Japanese and German EVs. Potential EV buyers selected Volkswagen as their preferred brand.

(Photo: http://www.prnasia.com/sa/2012/02/07/20120207121009138335.html )

Study Background

The TUV Rheinland Group has a broad range of specialists and labs for vehicle safety testing in Germany, Japan, the Netherlands, China and the USA. This report is drawn from a poll of 6,421 people, conducted by TUV's vehicle testing specialists in 12 main markets including China, Germany, Japan and the USA. From this sample, a total of 502 adult drivers in China were surveyed. The respondents owned a wide variety of cars, such as micro, small, middle class, luxury, SUVs, pick-up, vans (MPV), roadster and etc.

Chinese opt to drive in the city and most driving is short- or mid-distance

When asked if they would purchase an EV in the coming five years, approximately 88% of the Chinese people interviewed said that they would, trailing just behind India with 92%. The poll finds that 44% of respondents would use an EV in the same way as their present car, while 39% would prefer to use the EV only for regular trips. Over 60% of driving journeys are in cities and 87% of those surveyed drive less than 100km in their daily lives, with journey times of less than 2 hours. The study shows that families with a higher income drive longer hours and distances than those with lower incomes.

Most of the Chinese respondents drive fewer than 100 miles per day. This makes driving an EV viable because the battery needs to recharge after a certain distance and this is likely to be satisfied. Thus, Chinese people are more willing to buy an EV than those in other countries.

The Chinese are willing to pay more for protecting the environment.

In China, 40% of those interviewed said that they would like to buy an EV because of environment protection. Saving fuel (19%) tops the list of environmental concerns; including combating global warming, air pollution, protecting our future from environmental changes and environmental protection through reduced oil exploration. The cost is also relevant; for example, the rising fuel price weighs quite heavily with 32% of respondents. To this end, 16% may choose an EV to save money on fuel. The purchase price, governmental subsidy and tax credits can also assist in the adoption of electric vehicles.

More than four out of five (80%) are willing to pay more to buy an EV to support environmental protection. 38% of the respondents claimed that they would prefer an EV to a regular vehicle even if the price of the EV was 20% higher. The study finds that those with a higher household income are more likely to value environmental protection, with 63% wanting to buy an EV, which is 11-12% higher than those with a lower income. One in four of the low-income respondents said that they were discouraged by the cost of environmental protection.

Access to charging points and battery safety are the greatest concerns.

As the data shows, charging options, convenience and accessibility will be critical to EV adoption. People worry about the need to recharge the battery after a certain distance (22%), the availability of charging stations (19%), the number of hours required to charge the battery (9%) and loss of power while driving (4%).

However, 9% of the respondents would not buy an EV due to safety considerations. Of these, 50% of them are very concerned about battery leakage/explosion (17%), battery safety (17%) and loss of power in the street (16%).

In summary, the future of electric vehicles depends primarily on charging accessibility and battery safety.

Japan and Germany are perceived as the leaders in EV technology

The specialists from TUV Rheinland Group found that when asked about the most technologically advanced country with regard to EV technology, more than half of the respondents perceived Japan (50%) and Germany (49%) as the leaders, followed by the USA (33%) and China (31%).

Brand Influence: a large majority of people prefer Volkswagen

For the question concerning, "Which car manufacturer do consumers associated the most closely with EV?", thirty-four percent of the participants named Audi, Honda and Toyota as the top EV makers, with Volkswagen (31%) taking second place and BMW (30%) in third place. Volkswagen takes the top spot as the favorite car manufacturer, while Honda takes second place. Volkswagen (31%), Honda (27%), Toyota (24%), Audi (23%), Buick (17%) and BMW (17%) make up the list of the top five vehicle brands.

This result shows that a majority of people favors Volkswagen amongst all, and then Toyota, Audi, Buick and Honda, which is more or less the same as the responses to the interview question "What is the brand of your primary vehicle?" It is clear that Chinese drivers will choose Japanese or German brands because they believe that they are the leaders in vehicle technology. The survey also reveals that people's first car buying experience has a direct impact on their next purchase. Volkswagen is selected as the best choice for an electric vehicle for its brand reputation.

As environmental and energy efficiency concerns spread throughout China, electric vehicles (EV) are increasingly seen as a solution for modern transportation. As they grow ever more popular, EVs will have a profound and positive impact on energy applications, transportation and society. EVs growing popularity will also create tremendous opportunities for charging systems and other EV-related products.

TUV Rheinland is an internationally renowned third-party inspection and certification organization, the team of experts foresaw the growth of this new market, being the first in China to launch testing and certification services for EV charging systems and our service scope includes: EV charging stations, EV cables, EV charging couplers and EV on-board battery chargers.

TUV Rheinland can help charging station owners, EV manufacturers, and component suppliers demonstrate the superior quality and safety of their products and equipment.

TUV Rheinland Greater China

A global leader in technical service provision, the TUV Rheinland Group operates out of 490 locations in 61 countries on all five continents. Our 14, 000 employees provide more than 2,500 types of services for 39 industries based on the guiding principle of developing sustainable safety and quality standards.

An important pillar for the Group since 1986, TUV Rheinland Greater China promotes technical progress by sharing expertise on technical innovations. TUV Rheinland Greater China aims to contribute to the region's development by becoming the leading provider of superior safety, quality and environmental services and solutions.

With 8 major offices in key regions, we are strategically positioned to deliver local testing and certification services linked to the safety of products and the quality of management systems. TUV Rheinland Group's 2000 employees focus on clients' requirement by reaching a competitive balance that provides reliable, high-quality products, safe working conditions and low environmental impact. The service scope covers the wide sectors of industry and energy; transportation; machinery; electric and non-electric products; food; system management certification and training & consulting.

Press Contact:

Simon Hung

TUV Rheinland Hong Kong Ltd.

Tel: +852-2192-1948

Email: simon.hung@hk.chn.tuv.com

SOURCE　TUV Rheinland Greater China

Prologis Announces Updated Tax Treatment of 2011 Distributions

Wed, 08 Feb 2012 01:17:33 +0000

Prologis Announces Updated Tax Treatment of 2011 Distributions

PR Newswire

SAN FRANCISCO, Feb. 7, 2012 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the leading global owner, operator and developer of industrial real estate, today announced an updated tax treatment of its 2011 distributions only for common stockholders of AMB Property Corporation that received a common stock dividend on January 7, 2011. Please refer to Exhibit A for an update.

The attached information has been prepared using the best available information to date. Prologis, Inc.'s federal income tax return for the year ended December 31, 2011 has not yet been filed. Please note that federal tax laws affect taxpayers differently, and we cannot advise you on how distributions should be reported on your federal income tax return. Please also note that state and local taxation of REIT distributions vary and may not be the same as the federal rules. Prologis, Inc. thus urges you to consult with your own tax advisor with respect to the federal, state and local income tax consequences of these distributions.

The tax treatment exhibit, in its entirety, can be found in the Investor Relations section at www.prologis.com under Tax Information Update.

If you held shares of common or preferred stock of AMB Property Corporation or Prologis, Inc. or common or preferred shares of ProLogis in your name at any time during 2011, an IRS Form 1099-DIV will be provided to you by Computershare, Prologis, Inc.'s transfer agent, in the coming days and will reflect this updated information. If you held shares in "street name" during 2011, the IRS form provided by your bank, brokerage firm or nominee may report only the gross distribution paid to you. Therefore, you may need the information set forth to properly complete your federal tax return.

About Prologis
Prologis, Inc. is the leading owner, operator and developer of industrial real estate, focused on global and regional markets across the Americas, Europe and Asia. As of September 30, 2011, Prologis owned or had investments in, on a consolidated basis or through unconsolidated joint ventures, properties and development projects totaling approximately 600 million square feet (55.7 million square meters) in 22 countries. The company leases modern distribution facilities to more than 4,500 customers, including manufacturers, retailers, transportation companies, third-party logistics providers and other enterprises.

Exhibit A Tax Treatment of 2011 Common Distributions
ProLogis Common Shares For common shareholders of record during the period January 1, 2011 to June 3, 2011
CUSIP	Ticker Symbol	Record Dates	Payable Dates	Cash Dividend ($ per share)	Ordinary Taxable Dividend ($ per share)	Qualified Taxable Dividend ($ per share)	15% Capital Gain ($ per share)	25% Capital Gain (Unrecaptured Section 1250 Gain) ($ per share)(1)	Return of Capital
743410102	PLD	2/14/2011	2/28/2011	$0.112500	$0.000000	$0.001631	$0.082431	$0.002488	$0.025950
743410102	PLD	5/16/2011	5/25/2011	$0.112500	$0.000000	$0.002433	$0.067638	$0.003712	$0.038717

Prologis, Inc. Common Stock For stockholders of record for AMB Property Corporation for the full-year 2011 and Prologis, Inc. from June 3, 2011 through December 31, 2011
CUSIP	Ticker Symbol	Record Dates	Payable Dates	Cash Dividend ($ per share)	Ordinary Taxable Dividend ($ per share)	Qualified Taxable Dividend ($ per share)	15% Capital Gain ($ per share)	25% Capital Gain (Unrecaptured Section 1250 Gain) ($ per share)(1)
00163T109	AMB	12/23/2010	1/7/2011	$0.146172	$0.017514	$0.000189	$0.089225	$0.039244
00163T109	AMB	2/14/2011	2/28/2011	$0.280000	$0.033548	$0.000362	$0.170917	$0.075173
00163T109	AMB	5/16/2011	5/25/2011	$0.280000	$0.033548	$0.000362	$0.170917	$0.075173
74340W103	PLD	9/19/2011	9/30/2011	$0.280000	$0.033548	$0.000362	$0.170917	$0.075173
74340W103	PLD	12/19/2011	12/29/2011	$0.280000	$0.033548	$0.000362	$0.170917	$0.075173

(1) Corporate stockholders may be subject to IRC §291(a) reduction in certain corporate preference items.

SOURCE Prologis, Inc.

Kia Optima Earns Kiplinger's Personal Finance 2012 Best New Car Value Award

Wed, 08 Feb 2012 00:20:54 +0000

Kia Optima Earns Kiplinger's Personal Finance 2012 Best New Car Value Award

Fast Growing Brand's Popular Midsize Sedan heralded in $25,000-$30,000 sedan category

-- 2012 Optima recognized for standout combination of value, performance and design

-- Optima has been Kia's top-selling model for two straight months following start of U.S. production at Kia Motors Manufacturing Georgia

PR Newswire

IRVINE, Calif., Feb. 7, 2012 /PRNewswire/ -- Recognized by the editors at Kiplinger's Personal Finance as a 2012 Best New Car Value, the Kia Optima has been ranked "Best in Class" in the $25,000-$30,000 sedan category. Kiplinger's editors sort through hundreds of contenders to reveal the best values in its annual buyer's guide. Winners are selected in 12 categories for Best in Class, Best New model, Best Resale and Most Fuel Efficient. Within the categories, each vehicle is ranked by performance, value, safety, roominess and driving impressions. Accolades for the Optima, such as Kiplinger's "Best in Class" award, helped the stylish mid-size sedan become the top-selling Kia model in January with more than 8,800 units sold.

"The Optima continues to attract new customers to the brand with the right balance of value, performance, fuel economy and modern amenities that consumers are looking for," said Michael Sprague, vice president of marketing & communications, Kia Motors America. "The mid-size sedan segment is more competitive than ever, and Kiplinger's recognition of the Optima is tangible evidence that Kia's momentum continues."

Kiplinger's editors found the Optima's sharp creases, wraparound head lights and aggressive front end to make a bold styling statement. "The available turbo-boosted four-cylinder engine puts out more horsepower than most in its class and it's a difference you'll feel on the road," said Jessica Anderson, Associate Editor of Kiplinger's Personal Finance. "Add in value pricing and loads of standard features and you've got serious swagger."

The monthly Kiplinger's Personal Finance magazine advises its readers on managing their money, covering investing, retirement planning, taxes, insurance, real estate, buying and leasing a car, health care, travel and financing college.

About the 2012 Optima

The 2012 Kia Optima stands apart from the crowd with its head-turning design, fun-to-drive performance, modern amenities and long list of standard safety features. Kia's second U.S.-built[1] vehicle offers drivers cutting-edge technologies, including a standard eight-speaker Infinity®[2] audio system, HD Radio™[3], and Kia's UVO powered by Microsoft®[4] voice-activated infotainment and communications system with a starting MSRP of $19,500[5].

Kia's Unprecedented Growth

Kia Motors is the one of the world's fastest moving global automotive brands; from 2009-2011 Kia launched more new vehicles in the U.S. than any other automaker, and under the guidance of chief design officer Peter Schreyer earned a reputation as an industry leader in automotive styling. Kia Motors America's full line of fuel-efficient and fun-to-drive cars and CUVs has earned critical acclaim and dramatically increased consumer awareness, perception and consideration for the brand. In 2011, KMA recorded its 17th consecutive year of market share growth, thanks in part to the largest increase of any major brand in perceived quality[6] and the industry's highest brand loyalty ranking[7]. Kia's U.S.-based manufacturing facility in West Point, Georgia – KMMG – is responsible for the creation of more than 10,000 plant and supplier jobs and builds the company's two best-selling vehicles in the U.S. – the Sorento CUV and Optima midsize sedan[8]. Kia's value and technology-laden 2012 model year lineup also includes the Sportage compact CUV, Soul urban passenger vehicle, Optima Hybrid, Forte compact sedan, Forte 5-door compact hatchback, Forte Koup two-door coupe, all-new Rio and Rio 5-door sub-compacts and Sedona minivan.

About Kia Motors America

Kia Motors America is the marketing and distribution arm of Kia Motors Corporation based in Seoul, South Korea. KMA offers a complete line of vehicles through more than 755 dealers throughout the United States and serves as the "Official Automotive Partner of the NBA." In 2011, KMA recorded its best-ever annual sales total and became one of the fastest growing car companies in the U.S. Kia is poised to continue its momentum and will continue to build the brand through design innovation, quality, value, advanced safety features and new technologies.

Information about Kia Motors America and its full vehicle line-up is available at its website – www.kia.com. For media information, including photography, visit www.kiamedia.com.

1] The Optima GDI (EX Trims and certain LX Trims only) and GDI Turbo are assembled in the United States from U.S. and globally-sourced parts.

[2] Infinity is a registered trademark of Harman International Industries, Incorporated.

[3] HD Radio™ and the HD, HD Radio, and "Arc" logos are proprietary trademarks of iBiquity Digital Corporation.

[4] Microsoft is a registered trademark of Microsoft Corporation in the United States and/or other countries.

[5] Starting prices are manufacturer's suggested retail price (MSRP), MSRP excludes $750 destination and handling fee, title, taxes, license, options and dealer charges. Actual prices set by dealer and may vary.

[6] Source: Automotive Lease Guide Spring 2011 Perceived Quality Study

[7] Source: Experian Automotive Q2 2011 market analysis

[8] Optima Hybrid is not built at KMMG

SOURCE Kia Motors America

Luxury Transportation Services Leave Taxi Cabs in the Dust

Tue, 07 Feb 2012 23:19:10 +0000

Luxury Transportation Services Leave Taxi Cabs in the Dust

Competitive pricing is quickly making luxury car services the preferred choice over taxis

PR Newswire

LOS ANGELES, Feb. 7, 2012 /PRNewswire/ -- Many people choose to eschew a car service in favor of a taxi because they assume the taxi is the much more economical option. In reality, however, there are luxury transportation companies offering a limo service in Los Angeles that, for only a few dollars more than a taxi, offer a first-class, unforgettable experience. With a car service, you enjoy a level of luxury and style that a taxi obviously can't come close to, but there are actually a lot more benefits than that. Think about it for a moment. How many times have you gotten into a taxi and had to play the role of navigator, because the driver doesn't know his way around the city? The last thing you want to do after a long flight into LAX is to climb into a cab and give directions. Instead, imagine a professional chauffeur who meets you in the airport. Imagine being able to kick back and relax while you are whisked away to your destination. That's the kind of experience you get when you opt for a top tier Los Angeles limousine service.

Another benefit you get with a limo service in Los Angeles, compared to a taxi service, is reliability. How many times have you tried to use a taxi service and stood around waiting for a cab that shows up late or not at all? Sometimes this is just a nuisance, and other times, like when you're trying to catch a flight, it can be a disaster. Reputable chauffeur services, however, hold themselves to a higher standard of professionalism and dependability. When you place a reservation with a respected Los Angeles limousine service, you know you're in capable hands.

A perfect example is KLS Transportation Services, a popular limo service in Los Angeles with a diverse fleet of luxury vehicles. Aside from their elegant Lincoln Town Car series and sleek limousines, they offer a party bus in Los Angeles. Next time you go out with your friends for a night on the town, why cab it when you can enjoy a veritable nightclub on wheels? With a fully-stocked bar, world-class entertainment system, and a dance floor complete with stripper pole, a KLS party bus in Los Angeles lets you get the festivities started before you ever reach the velvet rope line. Try that in a taxi and you're liable to get tossed out on the street! Don't settle for a mundane taxi cab experience – not when companies like KLS offer such great choices at such affordable prices.

The company's 24 hour, live reservations center is available to answer any questions and book all last minute transportation requests. Ask about convenient flat airport rates.

To learn more about KLS limo service in Los Angeles, please call 877-936-LIMO or visit online at www.klsla.com.

PR submitted by www.Cyberset.com

SOURCE KLS Transportation Services, Inc.

Timken and United Steelworkers of America Local 1123 Reach New Tentative Agreement

Tue, 07 Feb 2012 23:14:09 +0000

Timken and United Steelworkers of America Local 1123 Reach New Tentative Agreement

PR Newswire

CANTON, Ohio, Feb. 7, 2012 /PRNewswire/ -- The Timken Company and the United Steelworkers (USW) Local 1123 today announced they have reached a new tentative agreement on a five-year contract to replace the existing labor agreement, which expires Sep. 2013. Members will vote on the new agreement, which is unanimously supported by local USW negotiators, within the next two weeks.

The parties reached a preliminary agreement in December, but union membership failed to ratify the proposal in a January vote, putting at risk a multi-million dollar investment in Stark County (Ohio). Timken is prepared to invest $225 million in its Faircrest Steel Plant if a new labor agreement is ratified.

"We have outlined a very attractive investment for our steel operations," said Salvatore J. Miraglia, Jr., president of Timken's Steel Group. "But it clearly will not move forward without a new agreement that ensures workforce stability throughout construction and startup. The vote will be our final opportunity to put the pieces in place to make this investment happen."

The project has received state and local assistance, in return for Timken's commitment to job security at the plant during the term of that support.

The tentative agreement continues to provide:

Increases to permanent base wages every year, in addition to cost-of-living adjustments;
Increases in both variable pay opportunities and incentive pay;
Improvements in health and wellness plans;
Increases in pension benefits;
And, includes changes to the wage escalation rate for new employees.

Background information is available on www.timken.com/agreement.

About The Timken Company

The Timken Company (NYSE: TKR; www.timken.com) keeps the world turning with innovative friction management and power transmission products and services that help machinery perform more efficiently and reliably. With sales of $5.2 billion in 2011 and approximately 21,000 people operating from locations in 30 countries, Timken is Where You Turn® for better performance.

Media Contact: Lorrie Paul Crum
Manager – Global Media and Strategic Communications
Mail Code: GNW-37
1835 Dueber Avenue, S.W.
Canton, OH 44706 U.S.A.
Telephone: (330) 471-3514
Mobile: (330) 224-5021
lorrie.crum@timken.com

Investor Contact: Steve Tschiegg
Director – Capital Markets and Investor Relations
Mail Code: GNE-26
1835 Dueber Avenue, S.W.
Canton, OH 44706 U.S.A.
Telephone: (330) 471-7446
steve.tschiegg@timken.com

For Additional Information:
www.timken.com/media
www.timken.com/investors

SOURCE The Timken Company

T3 Motion Launches Consumer Electric Vehicle International Product Line at Big Boys Toys Show in Dubai

Tue, 07 Feb 2012 22:35:32 +0000

T3 Motion Launches Consumer Electric Vehicle International Product Line at Big Boys Toys Show in Dubai

T3 Motion follows successful law enforcement product line with consumer model in Middle East

PR Newswire

COSTA MESA, Calif., Feb. 7, 2012 /PRNewswire/ -- www.t3motion.com - T3 Motion, Inc. (NYSE AMEX: TTTM) a producer of clean/green technology, announced that T3 Motion will be launching their international consumer product line at the Big Boys Toys show in Dubai this week. The Big Boys Toys 2012 event will be held at Atlantis the Palm in Dubai, hosting a number of exclusive innovative product launches from all over the world.

(Photo: http://photos.prnewswire.com/prnh/20111208/LA19766)

In the UAE, T3 ESVs are popular among police forces. Emaar Properties, the biggest property management company in the UAE, equipped its private security firm with T3 Electric Stand-up vehicles in order to monitor the popular shopping center Dubai Mall near the 828-meter-tall Burj Khalifa, the tallest building in the world. Furthermore, T3 ESVs were featured at the 5th World Future Energy Summit last month in Abu Dhabi.

"We have made great headway with law enforcement in the UAE and the Middle East, opening the door for a successful launch into the consumer market as a luxury brand," stated Ki Nam, T3 Motion CEO.

For more information on T3 Motion at the Big Boys Toys event, visit http://www.drivearabia.com/news/2012/01/23/big-boys-toys-2012-in-dubai-to-host-uae-atlantis-debuts/ . For information at the 5th World Future Energy Summit, visit http://news.xinhuanet.com/english/world/2012-01/19/c_122608865.htm.

The T3 ESV is an electric law enforcement patrol vehicle known for its command presence, quick response time and iconic look that is designed to decrease operating costs, reduce crime and increase patrol capabilities. More than 3,000 T3 Series vehicles have been deployed in over 30 countries worldwide.

About T3 Motion, Inc.

T3 Motion, Inc. (AMEX: TTTM) designs, markets and manufactures the T3 Series, an electric stand up vehicle. Headquartered in Orange County, California, T3 Motion, Inc. is dedicated to raising the bar on environmental standards and law enforcement and security capabilities in personal mobility technology. For more information, visit www.t3motion.com.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding T3 Motion's business, which are not historical facts, are "forward-looking statements" that are not guarantees of future performance. Such forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those anticipated by the forward-looking statements. These risks and uncertainties include, among others, factors associated with market conditions and the satisfaction of customary closing conditions related to the proposed public offering. For additional information concerning these and other factors that may cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Registration Statement filed on Form S-1, as amended, and in the periodic reports the Company files from time to time with the Securities and Exchange Commission.

Company Contact	Investor Relations Contact
Ki Nam	Casey Stegman
T3 Motion, Inc.	Stonegate Securities, Inc.
(714) 619-3600 Ext. 189	(214) 987-4121
investor@t3motion.com	casey@stonegateinc.com

SOURCE T3 Motion, Inc.

Volkswagen Chattanooga Completes 50,000th Car

Tue, 07 Feb 2012 22:09:52 +0000

Volkswagen Chattanooga Completes 50,000th Car

PR Newswire

CHATTANOOGA, Tenn., Feb. 7, 2012 /PRNewswire/ -- Volkswagen Chattanooga achieved its first significant production milestone of 2012 this week – completion of its 50,000th Passat.

(Photo: http://photos.prnewswire.com/prnh/20120207/CL49474 )

"An incredible amount of care goes into each vehicle we produce in Chattanooga," said Frank Fischer, CEO and Chair of Volkswagen Chattanooga. "Producing 50,000 cars at this level of quality is a huge accomplishment for our team."

The vehicle was a fully-loaded white 2.5 liter, 170 horsepower Passat SE.

The 50,000 vehicles include US customer deliveries as well as pre-series cars, technical training cars, dealer experience cars and exported cars to Mexico and Canada.

The Volkswagen Chattanooga team celebrated completion of the first customer car on April 18, 2011 and the plant officially opened on May 24, 2011. 2012 marks the first full calendar year of factory production at the Chattanooga plant.

Volkswagen announced last week that an additional 200 jobs would be created at its Tennessee manufacturing facility in addition to the 2,500 person workforce it currently employs.

About Volkswagen Chattanooga
Volkswagen will invest $1 billion in the local economy for the Chattanooga plant and create more than 2,500 direct jobs in the region. According to independent studies, the new Volkswagen plant is expected to generate $12 billion in income growth and an additional 9,500 jobs related to the project. The Chattanooga manufacturing facility is the world's first automotive manufacturer to receive platinum certification from the U.S. Green Building Council's Leadership in Energy and Environmental Design (LEED) green building certification program. The facility produces the all-new 2012 Passat sedan, specially designed for the North American market and winner of the Motor Trend magazine 2012 Car of the Year award.

SOURCE Volkswagen Chattanooga Operations

Goodyear Focuses on Wet Traction With New SUV Tire

Tue, 07 Feb 2012 21:40:03 +0000

Goodyear Focuses on Wet Traction With New SUV Tire

PR Newswire

AKRON, Ohio, Feb. 7, 2012 /PRNewswire/ -- Recognizing that North American motorists are very concerned with driving on rain-slicked roads, the Goodyear Tire & Rubber Company (NYSE: GT) has announced the Assurance cs TripleTred All-Season, a premium tire for SUVs and CUVs, featuring three unique tread zones for powerful all-season traction. The new tire is now available in 14 sizes, with eight additional sizes available later this year.

(Logo: http://photos.prnewswire.com/prnh/20050204/GTLOGO )

"Drivers everywhere are demanding true all-season traction. This tire has enhanced wet traction, maintains strong winter traction for cooler climates, and is an excellent replacement choice for those who drive SUVs and CUVs," said Gary Medalis, Goodyear brand general manager. "It is another example of the type of products Goodyear offers that help provide superior performance with its three unique tread zones."

The cs TripleTred All-Season's three tread zones work to help deliver traction for drivers. This includes:

A Water Zone with a sweeping tread pattern that helps evacuate water from the tread for enhanced wet traction.
A Dry Zone with large tread blocks along the outer edge of the tire to help provide confident handling on dry roads.
An Ice Zone with numerous biting edges to offer gripping power on icy and slick roads.

Goodyear's tread design geometry -- with its innovative arrow-shaped pattern, and proprietary Wet Zone compound -- containing silica and specialized polymers, combine to offer enhanced wet traction for rainy climates.

In the Ice Zone, Goodyear engineers also utilized an innovative polymer composition. Traction-enhancing particles and fibers made with volcanic sand and glass help create an increased micro-texture that offers enhanced low-temperature traction and overall winter traction.

Another differentiation for the new Assurance TripleTred All-Season is a feature known as Evolving Traction Grooves. This design element helps to maintain confident traction in rain and snow as the tire wears.

As the tire wears and initial tread blades become more shallow, some of the thin blades open up to become wider grooves that help evacuate water from under the tread for enhanced wet traction. There are more than 100 Evolving Traction Grooves on each Assurance TripleTred All-Season tire.

The new cs TripleTred All-Season carries a 65,000-mile tread life limited warranty. It also has Goodyear's 30-Day Pledge, which offers buyers 100% satisfaction or they can exchange the tires for a different set of Goodyear tires.

Goodyear is one of the world's largest tire companies. It employs approximately 73,000 people and manufactures its products in 54 facilities in 22 countries around the world. Its two Innovation Centers in Akron, Ohio and Colmar-Berg, Luxembourg strive to develop state-of-the-art products and services that set the technology and performance standard for the industry. For more information about Goodyear or its products, go to www.goodyear.com.

SOURCE The Goodyear Tire & Rubber Company

Norfolk Southern Names Weaver VP Labor Relations; Mobley Retires

Tue, 07 Feb 2012 21:34:08 +0000

Norfolk Southern Names Weaver VP Labor Relations; Mobley Retires

PR Newswire

NORFOLK, Va., Feb. 7, 2012 /PRNewswire/ -- Scott R. Weaver has been named vice president labor relations for Norfolk Southern Corporation (NYSE: NSC), with headquarters in Norfolk, effective March 1. He will report to John P. Rathbone, executive vice president administration.

(Photo: http://photos.prnewswire.com/prnh/20120207/PH49424 )

Weaver succeeds Harold R. Mobley, who retires after a 44-year career in the railroad industry.

Weaver joined Norfolk Southern in 1989 as a labor relations specialist and served in various positions of increasing responsibility in the labor relations department until being named assistant vice president labor relations in 2008. He holds a Bachelor of Arts degree in Economics from Davidson College.

Mobley, who holds a Bachelor of Arts degree in History from Valparaiso University, began his railroad career with Penn Central as a yard brakeman in 1968. He joined Southern Railway Company (a Norfolk Southern predecessor) in 1971 as a management trainee. He served in a number of positions in the engineering, transportation, and labor relations departments and was named vice president labor relations in 2008.

"Norfolk Southern thanks Harold for his long and outstanding service and for guiding our labor relations department through some challenging times," said Norfolk Southern CEO Wick Moorman. "We wish him the best in his well-deserved retirement."

Norfolk Southern Corporation is one of the nation's premier transportation companies. Its Norfolk Southern Railway subsidiary operates approximately 20,000 route miles in 22 states and the District of Columbia, serves every major container port in the eastern United States, and provides efficient connections to other rail carriers. Norfolk Southern operates the most extensive intermodal network in the East and is a major transporter of coal and industrial products.

Connect with NS
http://www.nscorp.com/
http://www.facebook.com/NorfolkSouthern
http://www.flickr.com/photos/norfolksouthern
http://www.twitter.com/nscorp
http://www.youtube.com/user/norfolksoutherncorp

SOURCE Norfolk Southern Corporation

Copa Holdings Announces Monthly Traffic Statistics for January 2012

Tue, 07 Feb 2012 21:30:00 +0000

Copa Holdings Announces Monthly Traffic Statistics for January 2012

PR Newswire

PANAMA CITY, Feb. 7, 2012 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for January 2012:

	January	January	% Change
*Operating Data*	2012	2011	(YOY)
Copa Holdings (Consolidated)
ASM (mm) (1)	1,313.9	1,093.7	20.1%
RPM (mm) (2)	1,043.0	868.8	20.0%
Load Factor (3)	79.4%	79.4%	-0.1p.p.
International Service
ASM (mm) (1)	1,247.9	981.2	27.2%
RPM (mm) (2)	987.0	780.2	26.5%
Load Factor (3)	79.1%	79.5%	-0.4p.p.
Domestic Service
ASM (mm) (1)	66.1	112.5	-41.3%
RPM (mm) (2)	56.0	88.6	-36.8%
Load Factor (3)	84.8%	78.8%	6.1p.p.
1. Available seat miles - represents the aircraft seating capacity multiplied by the number of miles the seats are flown.
2. Revenue passenger miles - represents the numbers of miles flown by revenue passengers
3. Load factor - represents the percentage of aircraft seating capacity that is actually utilized

For the month of January 2012, Copa Holdings' system-wide passenger traffic (RPM) increased 20.0%, while capacity increased 20.1%. System load factor for January 2012 was 79.4%, a 0.1 percentage point decline when compared to January 2011.

International passenger traffic grew 26.5%, while capacity increased 27.2%. This resulted in a load factor of 79.1%, a 0.4 percentage point decrease when compared to January 2011. For the month, International capacity represented 95.0% of total capacity.

Domestic traffic, represented wholly by Colombian domestic service, decreased 36.8%, while capacity decreased 41.3%. As a result, domestic load factor for the month increased 6.1 percentage points to 84.8%. For the month, domestic capacity represented 5.0% of total capacity.

Copa Holdings is a leading Latin American provider of passenger and cargo services. The Company, through its operating subsidiaries, provides service to 59 destinations in 28 countries in North, Central and South America and the Caribbean with one of the youngest and most modern fleets in the industry, consisting of 73 aircraft: 47 Boeing 737NG aircraft and 26 EMBRAER-190s. For more information visit www.copaair.com.

CPA-G

SOURCE Copa Holdings, S.A.

Great Lakes Aviation, Ltd. Reports January 2012 Traffic

Tue, 07 Feb 2012 21:19:46 +0000

Great Lakes Aviation, Ltd. Reports January 2012 Traffic

PR Newswire

CHEYENNE, Wyo., Feb. 7, 2012 /PRNewswire/ -- Great Lakes Aviation, Ltd. (OTC Bulletin Board: GLUX) today announced preliminary passenger traffic results for the month of January 2012.

JANUARY 2012 STATISTICS

	Jan-12	Jan-11	Change
Passengers Enplaned	41,018	37,646	9.0 %
Revenue Passenger Miles (000)	13,301	11,688	13.8 %
Available Seat Miles (000)	31,914	32,362	(1.4) %
Load Factor	41.7%	36.1%	5.6 pts
RASM (cents)	31.36	29.60	5.9 %

Great Lakes is providing scheduled passenger service at 44 airports in twelve states with a fleet of Embraer EMB-120 Brasilias and Beechcraft 1900D regional airliners. Additional information is available at http://www.flygreatlakes.com/ including a current route map at http://www.flygreatlakes.com/route_map/route_map.htm.

All scheduled flights are operated under the Great Lakes Airlines marketing identity in conjunction with code-share agreements with United Airlines and/or Frontier Airlines at our Albuquerque, Denver, Los Angeles and Phoenix hubs. Great Lakes Airlines also serves Devils Lake, ND to Minneapolis, MN.

Contact:	Michael Matthews, VP Finance/CFO
	(307) 432-7000

SOURCE Great Lakes Aviation, Ltd.

Innovative LED Installation Defines a Detroit Icon

Tue, 07 Feb 2012 21:11:12 +0000

Innovative LED Installation Defines a Detroit Icon

YESCO delivers a bold look to GM's Global Headquarters

PR Newswire

SALT LAKE CITY, Feb. 7, 2012 /PRNewswire/ -- The Renaissance Center, Detroit's most prominent and iconic feature and world headquarters for General Motors, has been given a dynamic new appearance by YESCO.

(Photo: http://photos.prnewswire.com/prnh/20120207/LA49168)

The crowns of the five towers are now vibrantly highlighted day and night, and the previous GM logo signs have been replaced with LED screens. Content on the various LED components can be updated and synchronized immediately and remotely via the new control network designed and implemented by YESCO. "This innovative new signage is fully capable of promoting GM's diverse marketing strategies, from displaying GM's global brand logos to supporting an infinite range of charitable, community, sporting, or seasonal events," says Jim Steffin of YESCO.

Initiated by GM's marketing team, this ambitious project was undertaken by a world-class team of Jack Morton Worldwide, Hines, Gensler, SOM, and YESCO. "We worked collaboratively throughout the process. It was a feat of creative thinking, careful planning, amazing technology, and hard, physical labor. Everyone's hats are off to the crew, who worked tirelessly through a relentless Michigan winter, nearly 900 feet in the air, for most of the installation," says Michael Bojarczyk, GM's global marketing strategist.

YESCO's Las Vegas team led the project for YESCO. "When you see your work finally come to fruition in such a big way, it's so rewarding," says Nick Priest, director of special projects for YESCO. "I don't believe that another firm could have overcome the engineering, logistical, and installation challenges that YESCO had to on this project or delivered the level of quality achieved. It's a great example of our diverse capabilities coming together on one project."

Both General Motors and the local community are pleased with the end result. "Our goal with the Renaissance Center project was to make our World Headquarters a beacon for the city of Detroit – a shining spotlight where we could not only showcase our brands, but also support community and charitable projects," said Joel Ewanick, GM's global chief marketing officer. "We are proud of the new look and feel of the Renaissance Center and the small contribution that it is making to the overall effort to rebuild the image of Detroit."

There's much more to discover about this project. Visit yesco.com to see additional pictures and read the story.

About YESCO: YESCO has been a family-owned provider of a full spectrum of sign and lighting products and services since 1920. YESCO provides custom signs of all types and sizes—from simple wayfinding plaques to towering, spectacular displays. YESCO Electronics manufacturers versatile, color LED signs and is a leading supplier of digital billboards in North America. YESCO Outdoor Media has approximately 1,700 billboards strategically located on major thoroughfares across 10 western states. For more information visit www.yesco.com.

SOURCE YESCO

Teekay Tankers Ltd. Announces Public Offering of Class A Common Stock

Tue, 07 Feb 2012 21:07:19 +0000

Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE:TNK) announced today that it plans to offer 15,000,000 shares of Class A common stock of the Company in a public offering. Teekay Tankers expects to grant the underwriters a 30-day option to purchase up to an additional 2,250,000 shares of Class A common stock to cover any over-allotments. The Company expects to use the net offering proceeds to repay a portion of its outstanding debt under its revolving credit facility.

Teekay Tankers Ltd. was formed in December 2007 by Teekay Corporation as part of its strategy to expand its conventional oil tanker business. Teekay Tankers currently owns a fleet of nine double-hull Aframax tankers and six double-hull Suezmax tankers and time-charters in two double-hull Aframax tankers from third parties, all of which an affiliate of Teekay Corporation manages through a mix of short- or medium-term fixed-rate, time-charter and spot-tanker-market trading. Teekay Tankers intends to continue to distribute on a quarterly basis all of its cash available for distribution, subject to any reserves established by its board of directors.

Teekay Tankers' Class A common stock is listed on the New York Stock Exchange under the symbol "TNK".

The joint book running managers for the offering are Morgan Stanley and Citigroup. The senior co-managers are Credit Suisse and Deutsche Bank Securities. The junior co-managers are ABN Amro, Credit Agricole CIB and DNB Markets.

When available, copies of the prospectus supplement and accompanying base prospectus related to the offering may be obtained from Morgan Stanley, Attn: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014-4606, email: prospectus@morganstanley.com; or from Citi, Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, New York, 11220, or by calling Citi toll-free at: 800-831-9146 or by e-mailing Citi at: batprospectusdept@citi.com.

This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The offering may be made only by means of a prospectus supplement and accompanying base prospectus.

The statements in this news release that are not historical facts may be forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause the outcome to be materially different. These risks and uncertainties include, but are not limited to, those discussed in Teekay Tankers' public filings with the SEC. Teekay Tankers undertakes no obligation to revise or update any forward-looking statements unless required to do so under the securities laws.

Teekay Tankers Ltd. - Investor Relations Enquiries
Kent Alekson
+1 (604) 844-6654

Bristow Group to Present at the 2012 Credit Suisse Energy Summit

Tue, 07 Feb 2012 21:05:00 +0000

Bristow Group to Present at the 2012 Credit Suisse Energy Summit

PR Newswire

HOUSTON, Feb. 7, 2012 /PRNewswire/ -- Bristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the offshore energy industry, today announced that it will be presenting at the 2012 Credit Suisse Energy Summit to be held in Vail, Colorado on February 6 – 10, 2012.

Management is scheduled to present on Wednesday, February 8, at 9:25 a.m. Mountain Time (11:25 a.m. Eastern Time). A live broadcast of the presentation and the accompanying slides will be available in the Investor Relations section of the Bristow Group website at www.bristowgroup.com and will be archived there for approximately 90 days. Listeners should access the site at least 15 minutes prior to the presentation start time to register and, if necessary, download the required software.

ABOUT BRISTOW GROUP INC.
Bristow Group Inc. is the leading provider of helicopter services to the worldwide offshore energy industry based on the number of aircraft operated and one of two helicopter service providers to the offshore energy industry with global operations. The Company has major transportation operations in the North Sea, Nigeria and the U.S. Gulf of Mexico, and in most of the other major offshore oil and gas producing regions of the world, including Alaska, Australia, Brazil, Russia and Trinidad. For more information, visit the Company's website at www.bristowgroup.com.

Contact:
Linda McNeill
Investor Relations
(713) 267-7622

SOURCE Bristow Group Inc.