New terminal for Russian port
NOVOROSSIYSK, Russia
Russia's only deep water port, the Port of Novorossiysk, will invest USD66 million to build a new container terminal.

The quay line is being extended from 108 metres to 470 metres and the container yard enlarged from five hectares to 14 hectares.

Phase one of the project, building the 350,000 TEU container terminal, will be completed by the end of 2007, WorldCargo News reported. The entire project will be finished by May 2008.

(L-R) Sonny Toyoda, TIEM president; Al Rawson, Atlas Toyota president; Shankar Basu, TMHU president and Tatsuo Matsuura, TMHG chief operating officer.

Toyota rolls out 250,000th forklift
COLUMBUS, IN, United States
Toyota celebrated production of its 250,000th forklift at the Toyota Industrial Equipment Manufacturing (TIEM) plant in Indiana last week.

Toyota dealer Atlas Toyota Material Handling was presented with the 250,000th forklift, a four-wheel, internal combustion, cushion tyre forklift.

The majority of forklifts sold in the USA by Toyota are manufactured at the Columbus, Indiana, plant.